Showing posts with label PII. Show all posts
Showing posts with label PII. Show all posts

Wednesday, April 18, 2012

Polaris (NYSE: PII) Speeds Up Guidance After Q1 Profit Jumps 27%

Polaris (NYSE: PII) Speeds Up Guidance After Q1 Profit Jumps 27%Atlanta, GA 4/18/12 (StreetBeat) -- Polaris Industries (NYSE: PII) raced off to a fast start this year, as first-quarter profit rose nearly 27%. The strong quarter prompted the all-terrain vehicle maker to raise its full-year guidance.

Polaris earned $60.1 million, 85 cents a share. Analysts expected earnings of 77 cents.

Strong demand for ATVs and motorcycles boosted sales. All told, revenue increased 25% to $673.8 million. The Medina, Minn., company increased production at in its Mid West plants and its Monterrey, Mexico, facility to meet the demand.

Overseas, international sales expanded 20% to after Polaris completed its purchase of Goupil, a French manufacturer of electronic vehicles.

The warmest winter in 12 years did mean a slow season for snowmobiles. Snowmobile sales fell 48% to $4.6 million.

Polaris now expects better 2012 results. It upwardly revised its full-year earnings to $3.85 to $4 a share. Sales are expected to rise 10% to 13%. It competes with such companies as Harley Davidson, Nautilus and Arctic Cat.

Polaris shares rose 5.2% to $76.92 in pre-market trading this morning.

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Wednesday, November 2, 2011

Investor Sees No Going Back for Polaris (NYSE:PII)

Investor Sees No Going Back for Polaris (NYSE:PII)Tomahawk, WI 11/2/2011 (StreetBeat) – Polaris Industries (NYSE:PII) has broken a key resistance level, and one investor apparently believes that there is no going back.

optionMONSTER's monitoring programs detected the sale of about 2,000 March 62.50 puts for about $6.30 and the purchase of an equal number of March 57.50 puts for $4.40. There was barely any open interest in either strike when Friday's session began.

The trade resulted in a credit of $1.90, which the investor will get to keep if PII closes above $62.50 on expiration. The gains will erode below that level and turn to losses under $60.60. The pain will then stop at $57.50--meaning the position stands to lose a maximum of $3.10.

The strategy is known as a put credit spread and is a more complicated version of selling puts to earn income. Its benefit is that is provides protection against a major drop but also generates less income. (See our Education section)

PII fell 1.99 percent to $62.71 on Friday but is up more than 20 percent this month. The latest catalyst came on Oct. 18, when the maker of snowmobiles and off-road vehicles reported better-than-expected profit and raised full-year guidance.

Rival Arctic Cat (Nasdaq:ACAT) reported similar results last week. The companies may be benefiting from rising incomes in rural areas as the economy shifts to agriculture and energy production.

PII is now above the $61.50 level where it peaked July. That could make some chart watchers expect support around that price and help explain Friday's trade.

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Tuesday, October 25, 2011

Direction of Motorcycle Stocks: Harley Davidson (NYSE:HOG), Polaris (NYSE:PII), US Highland (OTC.BB: UHLN.PK)

Direction of Motorcycle Stocks: Harley Davidson (NYSE:HOG), Polaris (NYSE:PII), US Highland (OTC.BB: UHLN.PK)October 25, 2011- (PennyPayDay) Investorideas.com, a leader in sector research for independent investors issues a snapshot on the motorcycle industry and how the industry is showing signs of recovery, with better than expected sales from the industry leaders.

Snapshot of the Motorcycle Industry
Randy Lewis, CFA, Founder of EquityNet Research

Overall sales are up about 10% this year from a year ago.

Harley Davidson (NYSE:HOG) and Polaris (NYSE:PII ) (which owns Indian and Victory Motorcycles), are the industry’s top guns, collectively owning well over 50% of the U.S. market.

Both companies (having recently reported Q3 earnings) have had strong rebounds and are showing phenomenal growth in an industry that is supposedly underwater. Polaris recently raised its sales growth outlook to 30% to 32% based on a solid – and better than expected - third quarter. Sales of off-road vehicles rose 25% and fueled significant market share gains by ATVs in the North American market. Sales of Victory Motorcycles were up 77% compared to figures from the same period last year. Even “Parts, Garments and Accessories” sales increased 21%.

Similar things are happening at Harley Davidson, though the company has run into some production issues. Sales of new motorcycles rose 5.1% to 61,838 bikes, which included a 5.4% increase in U.S. sales. This pushed revenue from bike sales and related products up 13.4% to $1.23 billion. Harley held its motorcycle shipment forecast steady for 2011, saying it still expects to ship between 8% to 12% more new bikes than last year (right in line with Jones’ 10% growth estimate).

Of course, sales of finished goods should also drive sales growth for OEMs that supply manufacturers. One such company, US Highland, Inc. (OTC.BB: UHLN.PK) is a relatively new player on the OEM scene, providing complete single cylinder and v-twin engine powertrain foundations - engine platforms coupled with patent-pending innovative fuel systems.

After its own challenges in an industry that has had its share, US Highland is in the midst of a restructuring, bringing in new management (now headed by Harley Davidson and Indian veteran, John Fitzpatrick) solidifying its strategy and operations, and working to raise capital to fund its business plan. Thus, we do not have a lot of specific information at this time, but we do know the Company appears to be an engineering and technology firm first. US Highland generated over $1.5 million in revenues last year from engineering and business development activities, but plans are to target OEM manufacturers, followed by its own line of motorcycles in 2012.

According to management, the Company is currently working with several OEMs for the implementation of its powertrain technology, the results of which could extend US Highland sales beyond 20,000 units per year globally.

US Highland, Inc. (OTC.BB: UHLN.PK) is a US-based designer and manufacturer of high performance, premium quality powertrains. The Company is also a leading development and engineering partner for leading OEMs around the world. http://ushighland.com.

UHLN Company Contact:
John FitzpatrickCEO (918) 827-5254

About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.

Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
Disclosure : Investorideas.com has been compensated five thousand to advertise US Highland, Inc and distribute news releases and content on their behalf by a third party IR firm.
Randy Lewis has been compensated $400 by InvestorIdeas.com for writing this article. Mr. Lewis does not own shares of any of the companies mentioned in this article
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar.
800-665-0411 - Source – www.Investorideas.com

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