Added to YB: 2025-08-07
Pitch date: 2025-07-20
PII [bullish]
Polaris Inc.
+33.2%
current return
Author Info
No bio for this author
Company Info
Polaris Inc. designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally.
Market Cap
$3.5B
Pitch Price
$47.03
Price Target
200.00 (+244%)
Dividend
4.34%
EV/EBITDA
10.40
P/E
-32.37
EV/Sales
0.73
Sector
Leisure Products
Category
turnaround
Legacy Ridge Capital Partners Equity Fund New Portfolio Holding: Polaris Inc.
PII: New position ($41 avg). Off-Road segment worth >entire company at current valuation. Poor capital allocation ruined high ROIC business (71% 2013, 13% now) via TAP ($626M loss) & Boat ($805M) acquisitions. Pro-cyclical buybacks/dividends over debt reduction & buying at $30 lows. Management refocus on ORV, asset sales, debt paydown + $500M buybacks at low prices = $200 upside.
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