PII
Polaris Inc. Consumer Discretionary - Powersports Investor Relations →
Polaris Inc. (PII) closed at $66.42 as of 2026-05-01, trading 11.8% below its 200-week moving average of $75.29. This places PII in the extreme value zone. The stock moved further from the line this week, up from -20.4% last week. The 14-week RSI sits at 48, indicating neutral momentum.
Trading volume is running at 1.8x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.32 ratio) is neutral — neither side is clearly dominating.
Over the past 1967 weeks of data, PII has crossed below its 200-week moving average 33 times. On average, these episodes lasted 15 weeks. Historically, investors who bought PII at the start of these episodes saw an average one-year return of +21.9%.
With a market cap of $3.8 billion, PII is a mid-cap stock. The company generates a free cash flow yield of 9.3%, which is notably high. Return on equity stands at -44.9%. The stock trades at 4.5x book value.
Over the past 33.3 years, a hypothetical investment of $100 in PII would have grown to $5002, compared to $2973 for the S&P 500. That represents an annualized return of 12.5% vs 10.7% for the index — confirming PII as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 40.3% compound annual rate, with 1 consecutive year of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: PII vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After PII Crosses Below the Line?
Across 31 historical episodes, buying PII when it crossed below its 200-week moving average produced an average return of +20.1% after 12 months (median +17.0%), compared to +7.9% for the S&P 500 over the same periods. 65% of those episodes were profitable after one year. After 24 months, the average return was +43.6% vs +13.6% for the index.
Each line shows $100 invested at the moment PII crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
PII has crossed below its 200-week MA 33 times with an average 1-year return of +21.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Aug 1988 | Oct 1988 | 10 | 8.6% | +36.9% | +21816.4% |
| Nov 1988 | Jan 1989 | 8 | 6.7% | +74.0% | +23063.7% |
| Oct 1996 | Dec 1996 | 9 | 14.3% | +45.9% | +2498.8% |
| Mar 1997 | Apr 1997 | 4 | 5.0% | +66.9% | +2335.5% |
| Sep 1998 | Oct 1998 | 3 | 10.5% | +27.3% | +1850.5% |
| Feb 1999 | Mar 1999 | 1 | 1.1% | +8.7% | +1776.4% |
| Jan 2000 | Mar 2000 | 6 | 14.7% | +67.0% | +1685.7% |
| Mar 2000 | Apr 2000 | 3 | 8.6% | +54.1% | +1619.0% |
| May 2000 | May 2000 | 3 | 1.1% | +34.9% | +1606.9% |
| Jun 2000 | Jun 2000 | 1 | 2.6% | +52.6% | +1639.3% |
| Jul 2000 | Aug 2000 | 3 | 4.3% | +59.0% | +1589.3% |
| Jun 2006 | Nov 2006 | 23 | 17.9% | +25.8% | +417.4% |
| Nov 2006 | Dec 2006 | 1 | 0.3% | +4.8% | +399.8% |
| Jan 2007 | Jan 2007 | 2 | 4.1% | -8.2% | +411.6% |
| Jul 2007 | Oct 2007 | 9 | 8.9% | -2.4% | +374.7% |
| Oct 2007 | Dec 2007 | 5 | 5.7% | -26.8% | +360.5% |
| Dec 2007 | Sep 2008 | 35 | 24.3% | -26.4% | +413.7% |
| Sep 2008 | Aug 2009 | 46 | 63.4% | +0.2% | +434.5% |
| Aug 2009 | Sep 2009 | 2 | 2.5% | +57.2% | +431.6% |
| Sep 2009 | Oct 2009 | 1 | 2.6% | +79.7% | +433.4% |
| Oct 2015 | Oct 2015 | 1 | 1.1% | -25.7% | -19.0% |
| Nov 2015 | Oct 2017 | 102 | 38.0% | -14.0% | -16.4% |
| Apr 2018 | Apr 2018 | 1 | 2.3% | -4.5% | -19.4% |
| Jul 2018 | Jul 2018 | 1 | 1.1% | -7.9% | -19.6% |
| Sep 2018 | Apr 2019 | 28 | 27.7% | -11.7% | -17.4% |
| May 2019 | Jul 2019 | 11 | 15.1% | -15.5% | -7.3% |
| Aug 2019 | Oct 2019 | 11 | 15.5% | +18.6% | -10.7% |
| Feb 2020 | Jun 2020 | 17 | 56.9% | +34.7% | -10.9% |
| Sep 2020 | Sep 2020 | 2 | 1.3% | +36.5% | -11.9% |
| Oct 2020 | Nov 2020 | 1 | 0.5% | +29.3% | -13.1% |
| Apr 2022 | May 2022 | 1 | 2.8% | +17.1% | -19.5% |
| Sep 2022 | Oct 2022 | 4 | 5.8% | +11.4% | -21.0% |
| Oct 2023 | Ongoing | 135+ | 63.9% | Ongoing | -24.2% |
| Average | 15 | — | +21.9% | — |
Frequently Asked Questions
Is PII below its 200-week moving average?
Yes. As of 2026-05-01, Polaris Inc. (PII) is trading 11.8% below its 200-week moving average of $75.29. The current price is $66.42.
What is PII's 200-week moving average price?
Polaris Inc.'s 200-week moving average is $75.29 as of 2026-05-01. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when PII drops below its 200-week moving average?
PII has crossed below its 200-week moving average 33 times in our data. On average, buying at that moment produced a one-year return of +21.9%. These dips have historically been decent entry points. These episodes lasted 15 weeks on average.
Is PII a good value right now?
Here's what our data says about PII as of 2026-05-01: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 48. Free cash flow yield is 9.3%. Return on equity is -44.9%. Price-to-book is 4.5x. This is not a buy or sell recommendation — always do your own research.
How does PII compare to the S&P 500?
Over the past 33.3 years, $100 invested in PII would have grown to $5002, compared to $2973 for the S&P 500. That's 12.5% annualized vs 10.7% for the index. PII has outperformed the broader market over this period.
Does PII pay a dividend?
Yes. Polaris Inc. currently pays a dividend yield of 410.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-05-01