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Polaris executives say data centers and defense budgets now drive more than half of their sales, but the numbers behind that claim deserve a closer look before investors take it at face value.

On a data-center job site, a Polaris Ranger may run all day without anyone driving it. Chief executive Mike Speetzen described exactly that on the October 27, 2026 earnings call, saying crews “will leave the vehicle running.” That detail explains why Polaris (NYSE:PII | PII Price Prediction) now positions itself as a supplier of work equipment as much as a maker of weekend toys.

Shares rose 5.28%, or $2.91, to close at $58.06 from $55.15, for a market value of $3.30 billion. Even after that gain, the stock is down 5.18% year to date and 14.88% over one year.

Polaris posted a strong quarter, but one-time tariff refunds padded the earnings, and the support for the work-buyer story comes from comments on the call. The company has not disclosed any underlying contracts.

Tariff Refunds Padded a Big Earnings Beat
Third-quarter sales rose 11% to $2.04 billion, ahead of the about $1.9 billion analysts expected. Leaving out the sold-off Indian Motorcycle business, sales grew 17%.

Adjusted EPS of $1.08 rose 163%, well above the 59 cents analysts expected. However, $10 million in tariff refunds added $0.13 to that figure, and that won’t repeat.

Polaris raised its full-year adjusted EPS guidance to $3.50 to $3.60, up from $3.00 to $3.10. About $1.09 of that range comes from refunds, and the guidance assumes no more will arrive. That makes the raise lower quality than the headline suggests, but it also means the numbers don’t include any further refunds management hopes for.

Contractors and Defense Budgets Are Doing the Buying
Speetzen said “over half of our sales come from customers who buy their vehicles for work,” including “government agencies and the military.” The data-center buyers are construction contractors and rental companies working on those sites. Chief financial officer Bob Mack said Polaris continues “to see strong demand at large job sites such as data centers.”

Speetzen reported “high-double-digit growth in commercial, government and defense, and marine,” which he linked to defense spending across the U.S., Canada and NATO. Those buyers “buy on government budgets and project schedules rather than on consumer confidence,” so their orders can hold up even when household spending slows.

Polaris did not give a dollar figure, name any customers, or provide an exact growth rate for these businesses. It also announced no new data-center or military contract.

Management Has Told This Story Before
On the July 28, 2026 call, Speetzen said commercial growth “is driven by investments in infrastructure and data center projects.” He also called the long-term data-center use case something Polaris is “continuing to learn,” so claims that this demand will last deserve caution.

Utility off-road vehicles make up over 60% of Powersports sales, although some of those buyers are ranchers and some are recreational riders. Management expects fourth-quarter organic sales to be roughly flat.

What Investors Need to Know About PII Stock Before January
Excluding refunds, operational adjusted EPS was $0.95, compared with $0.41 a year earlier, and Polaris cut debt by $320 million during the quarter.

The stock trades between its 52-week low of $47.14 and its high of $77.98, which suggests the market still doubts the recovery. The $2.72 annual dividend, which yields 4.69%, pays shareholders while the market tests whether those doubts are justified.

The biggest risks are a slowdown in data-center construction and commodity costs. Management expects those costs to run $70 million higher than last year.

The test comes in January, when Polaris issues its formal 2027 guidance. If operational EPS guidance tops the 2026 range of $2.40 to $2.50, the work-buyer case holds. If the stock closes back below $55.15 before then, the market has rejected it.

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3 Small-Cap Stocks to Buy and Hold For 2025 and BeyondPolaris NYSE: PII reported third-quarter results that exceeded its expectations, supported by growth in utility-oriented off-road vehicles, commercial and government demand, parts and accessories, marine products, and seasonal vehicles. The company raised its full-year outlook for the third time in 2026 while cautioning that commodity, logistics and tariff costs remain significant pressures.

Third-quarter reported sales rose 11% year over year, or 17% excluding Indian Motorcycle from the prior-year comparison. Adjusted EBITDA margin increased 118 basis points to 8.8%, while adjusted earnings per share totaled $1.08. The quarter included $10 million of IEEPA tariff refunds and related interest; excluding those refunds, Polaris said operational adjusted EPS was $0.95, up from $0.41 a year earlier.

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Harley-Davidson Stock Revs Up With Billion Dollar Buyback ProgramChief Executive Officer Mike Speetzen said the company’s results reflected actions taken over recent years to become “a stronger, more focused, and more profitable company.” He cited market-share gains in off-road vehicles, disciplined dealer inventory management, new-product introductions and manufacturing improvements.

Utility demand supports off-road growth
North American off-road vehicle retail sales increased 2% in the quarter, outperforming the industry and marking Polaris’ sixth consecutive quarter of share gains, according to Speetzen. The company said the quarter represented its highest third-quarter ORV market share since the third quarter of 2019.

Is it Time to Take Harley Davidson For a RideUtility vehicles continued to offset pressure in more discretionary recreational categories. Speetzen said utility represents more than 60% of Polaris Powersports sales, with customers using vehicles for farms, ranches, construction sites, municipalities and other work applications. The company cited strong commercial demand associated with infrastructure projects and data-center construction, as well as increased government and defense demand in the U.S., Canada and NATO markets.

Polaris said its midsize RANGER portfolio gained more than 10 points of segment share during the quarter, aided by the RANGER 500. RANGER cab models also gained multiple share points and accounted for more than half of RANGER sales. The company said sales of its utility cab units have increased more than 70% since 2023.

The company is shipping three products to dealers in the fourth quarter: the Polaris XPEDITION with NUMATIX, the RZR Pro R Boost, and the Sportsman 500 value-tier ATV. Speetzen said early dealer and customer feedback on the vehicles has been encouraging and that the RZR Pro R Boost and XPEDITION could help support recreational sales.

Shipment timing aided third-quarter results
Chief Financial Officer Bob Mack said approximately $0.30 of adjusted EPS shifted from the fourth quarter into the third quarter. The shift was primarily tied to earlier-than-expected production progress on a new lean RANGER manufacturing line in Huntsville and earlier snowmobile shipments to dealers.

Polaris shipped about $30 million of snowmobiles earlier than usual, with a slightly larger contribution from RANGER vehicles, Mack said during the question-and-answer session. The company said healthier snowmobile inventory at dealerships allowed it to ship units before the selling season, giving dealers more time for setup and customer delivery.

Dealer inventory across the company’s portfolio rose 3% from a year earlier, while dealer days’ supply stood slightly above 100 days, remaining below historical levels. Polaris said recreational ORV inventory increased slightly due to the timing of the XPEDITION launch but is expected to normalize by year-end. The company entered the snowmobile season with dealer inventory in its best position in years, according to management.

Total company retail was flat in the quarter. Pontoon retail declined by low double digits, based on the August SSI report, although Polaris said it gained pontoon share. Marine sales increased 29%, driven by a richer mix of pontoons, including Bennington QX and Godfrey Sanpan premium lines.

Margins improve despite commodity costs
Polaris said volume, net pricing and operational efficiencies supported its margin improvement. Those gains were partly offset by higher costs for steel, diesel, aluminum and logistics. Mack said commodity, logistics and tariff expenses created a 190-basis-point gross-margin headwind in the Powersports segment.

The company’s lean manufacturing efforts offset more than half of the commodity pressure during the quarter, Speetzen said. Mack pointed to the Huntsville facility’s production performance and said the company continues to expand lean manufacturing initiatives. Polaris’ facilities are operating at roughly 70% capacity, Speetzen said, potentially providing incremental margin opportunities if volumes rise.

Operating cash flow was approximately $382 million in the third quarter as seasonal working capital unwound. Polaris used more than $320 million to reduce debt, primarily through repayment of revolving-credit borrowings. Net leverage declined to 2 times at the end of the third quarter from 3.4 times at the beginning of the year. The company expects to exit 2026 below 2 times net leverage.

Full-year outlook raised again
Polaris now expects full-year sales of $7.55 billion to $7.60 billion, representing approximately 6% reported growth. Excluding the sale of Indian Motorcycle in the first quarter, the midpoint implies about 11% organic sales growth, according to the company.

Adjusted EBITDA margin is expected to increase by 270 to 275 basis points.
Operational adjusted EBITDA margin expansion, excluding tariff refunds, is expected to be approximately 165 to 170 basis points.
Adjusted EPS guidance was raised to $3.50 to $3.60, including $1.09 from tariff refunds recorded in the second and third quarters.
Operational adjusted EPS, excluding tariff refunds, is projected at $2.40 to $2.50, up from prior guidance of $2.05 to $2.15.

The company expects fourth-quarter organic sales to be roughly flat, as earlier snowmobile shipments into the third quarter are expected to be partly offset by year-over-year marine sales growth. Fourth-quarter adjusted EPS is projected at $0.32 to $0.42, reflecting the shipment timing effect.

For 2027, Polaris did not provide formal guidance. Management said it expects commodities and logistics to remain headwinds, while tariff costs could be relatively flat absent policy changes. The company expects to reduce China-origin material cost of goods sold to 9% by year-end from about 14% at the start of 2026, with a goal of bringing that figure below 5% by the end of 2027.

About Polaris (NYSE:PII)Polaris Inc is a manufacturer of powersports products headquartered in Medina, Minnesota. Founded in 1954, the company began as a snowmobile manufacturer and has expanded into a diversified portfolio of off-road vehicles, motorcycles, snowmobiles and boats.

Its off-road vehicle lineup includes utility and recreational models sold under brands such as RANGER, RZR, Sportsman and GENERAL. Polaris also manufactures snowmobiles under the Polaris brand and motorcycles through Indian Motorcycle and Slingshot.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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Polaris Inc. (PII) Q3 2026 Earnings Call Transcript

Polaris Inc (PII - Free Report) came out with quarterly earnings of $1.08 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +74.19%. A quarter ago, it was expected that this snowmobile and ATV maker would post earnings of $0.77 per share when it actually produced earnings of $1.97, delivering a surprise of +155.84%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Polaris Inc, which belongs to the Zacks Automotive - Domestic industry, posted revenues of $2.04 billion for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 6.59%. This compares to year-ago revenues of $1.84 billion. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Polaris Inc shares have lost about 12.8% since the beginning of the year versus the S&P 500's gain of 12.1%.

What's Next for Polaris Inc?While Polaris Inc has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Polaris Inc was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.53 on $1.9 billion in revenues for the coming quarter and $3.22 on $7.47 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Automotive - Domestic is currently in the bottom 16% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Harley-Davidson (HOG - Free Report) , another stock in the same industry, has yet to report results for the quarter ended September 2026. The results are expected to be released on October 29.

This motorcycle maker is expected to post quarterly earnings of $0.43 per share in its upcoming report, which represents a year-over-year change of -86.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Harley-Davidson's revenues are expected to be $1.05 billion, down 2.6% from the year-ago quarter.

Polaris Expands Call of Duty Collaboration as Polaris DAGOR Joins Modern Warfare 4PR NewswireMINNEAPOLIS, Oct. 23, 2026Longstanding collaboration continues

10 grants are being awarded in six states thanks to the partnership between Foundation for America's Public Lands and Polaris

, /PRNewswire/ -- Today, the Foundation for America's Public Lands, the charitable partner of the Bureau of Land Management (BLM), and Polaris, a global leader in powersports, announce the awarding of 10 grants to support off-highway vehicle (OHV) sites on BLM lands in six states. Each project epitomizes the priorities of their ongoing partnership: supporting OHV recreation, promoting safe and responsible off-road riding, enhancing the riding experience in and around high-use recreation areas, and partnering with local communities.

Through the partnership, Polaris and the Foundation are investing over $500,000 in grants to support this latest round of OHV projects on BLM public lands. These grants will support projects including safety improvements, wayfinding/new signage, modernization, better trail access, enhanced visitor experience as well as restorations and protections for the natural environment.

The BLM manages a number of the country's most iconic and treasured motorized recreation areas. There are nearly 450,000 miles of routes and trails on BLM lands available for Americans to enjoy, many of which still need to be inventoried. The BLM also oversees more than 200 designated OHV recreation sites open to responsible, motorized use and 54 National Back Country Byways spanning just over 3,000 miles across 11 western states. Families and friends gather in these places to spend time outdoors, and those trips fuel local economies and bring riders back again and again.

"BLM- managed public lands are home to some of the most exciting off-highway vehicle destinations in the world. Opportunities for riders are as rich and varied as the lands themselves," said I Ling Thompson, Chief Executive Officer of the Foundation for America's Public Lands. "As the official charitable partner of the BLM, we know that ensuring safe, accessible experiences for 84 million visitors each year is a big task, and public-private partnerships like this bring the funding and stewardship needed to continue providing world-class experiences for generations to come."

"The trails, dunes, and open spaces create opportunities for adventure, connection, and recreation. The Foundation for America's Public Lands and Polaris are investing in the places and communities that make off-road recreation possible. These grants give us the opportunity to partner with community groups, non-profits and BLM offices to support local efforts that promote responsible riding, enhance the riding experience, and strengthen stewardship," shared Reid Wilson, President of Off-Road Vehicles, Polaris.

This new round of grants will support 10 projects in six states:

Route 66 Portal Signage (Arizona) Partnering with Tread Lightly! to replace outdated gateway signage along a 776-mile stretch across four Arizona OHV areas and BLM Back Country Byways.

Imperial Sand Dunes Recreation Area (California) Working with the BLM El Centro Field Office and Glamis Veterans to support community safety training and clean-up event during Veterans Day weekend & California OHV Safety Week. This support will also help the local community group that manages the largest veterans offroad event in the country.

Fort Sage OHV Area (California) The BLM Eagle Lake Field Office will use the grant to improve the quality of access and safety for users around the growing recreation use at the Widowmaker trailhead and the Fort Sage OHV area with new kiosks, interpretive panels, overflow parking and improvements to the Green Sticker Legal entrance road.   

Samoa Dunes Recreation Area (California) Grant recipient Friends of Dunes will expand restoration work by removing invasive species and protection of snowy plover nesting sites. New interpretive panels will help visitors understand the area's natural and cultural resources.

Dove Springs OHV (California) Friends of Jawbone will use the grant to improve the quality of access and safety for riders who love this iconic California riding area by replacing the main entrance kiosk and update signage with maps, route information, safety guidance, and responsible recreation messaging.

Horsethief Recreation Area (Montana) The BLM Billings Field Office and Roundup Riding Club will increase access with the addition of a new connector route, develop up to 10 miles of purpose-built motorized routes, and create an OHV training and obstacle area as well as a new parking lot, kiosks, and picnic area.  

Shoshone Trail (Nevada) The grant awarded to the Nevada Offroad Association will help increase access for visitors through the construction of a one-mile designated trail that links Shoshone to Mill Creek Campground.

Moab OHV Trailheads (Utah) The BLM Moab Field Office, in partnership with the State of Utah's OHV Recreation grant, will improve access through updated trailhead kiosks and signage at popular OHV routes in the Moab area.

Killpecker Sand Dunes Campground (Wyoming) In partnership with Wyoming's Outdoor Recreation and Tourism Trust Fund, this grant will help the BLM Rock Springs Field Office begin revitalizing the Killpecker Sand Dunes Campground, a primary gateway to a 12,000-acre open OHV area.

Darnell Hill Open OHV (Wyoming) The town of Lovell and BLM Cody Field Office, this project will enhance access and safety through updating infrastructure in the area, including building a new double-vault restroom, accessible walkway, updated signage, campsite improvements, and children's OHV learner course.

These grants are just the latest round of investments thanks to the partnership between Polaris and the Foundation. Through their partnership, Polaris and the Foundation have supported 17 OHV projects on BLM-managed public lands, expanding recreation access, improving rider safety and supporting local communities, volunteers and veterans groups.

ABOUT THE FOUNDATION FOR AMERICA'S PUBLIC LANDS
As the official charitable partner of the Bureau of Land Management (BLM), the Foundation for America's Public Lands serves as a convener, partner, and fundraising catalyst to help ensure the health and stewardship of America's public lands and waters today, and for the future. To learn more, visit americaslands.org. 

ABOUT POLARIS
As the global leader in powersports, Polaris Inc. (NYSE: PII) has been defining and redefining outdoor adventure since 1954. Polaris delivers industry-shaping off-road vehicles, snowmobiles, boats, military, quadricycles, and commercial transportation vehicles, along with an expansive portfolio of parts, garments, and accessories. Its lineup includes some of the most iconic brands in powersports including the RANGER, RZR, Polaris XPEDITION, Bennington pontoons, Slingshot, and more. Headquartered in Minnesota and serving customers in nearly 100 countries, Polaris continues to set the standard for performance, quality, and unmatched service. Explore more at www.polaris.com.

SOURCE Polaris Inc.

TORONTO, ON / ACCESS Newswire / October 14, 2026 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris" or the "Company") is pleased to announce it will be holding its Earnings Conference Call and Webcast to report its Q3 2026 Earnings Results on Thursday, November 5th, 2026, at 10:00 am EST.

To listen to the call, please dial Toll Free 1 888-506-0062 or International Toll-Free Number 973-528-0011 entry code 53518

or URL: https://www.webcaster5.com/Webcast/Page/2773/53518

A digital recording of the earnings call will be available for replay two hours after the call's completion.

Replay Call Information:
Toronto: 1 877-481-4010, Passcode: 53518
International (toll-free): 1 919-882-2331, Passcode: 53518
Encore Replay Expiration Date: October 29, 2027

About Polaris Renewable Energy Inc.

Polaris Renewable Energy Inc. is a Canadian publicly traded company engaged in the acquisition, development, and operation of renewable energy projects in Latin America and the Caribbean. We are a high-performing and financially sound contributor to the energy transition.

The Company's portfolio includes a geothermal plant (~82 MW), four run-of river hydroelectric plants (~39 MW), three solar (photovoltaic) projects (~35 MW) and an onshore wind park (~26 MW).

For more information, contact:

Investor Relations
Polaris Renewable Energy Inc.
Phone: +1 647-245-7199
Email: [email protected]

SOURCE: Polaris Renewable Energy Inc.

, /PRNewswire/ -- Polaris Inc. (NYSE: PII) announced today that it will release its third quarter 2026 financial results on Tuesday, October 27, 2026, and will hold a conference call and webcast at 8:00 AM central time on the same day to discuss the results. The call will be hosted by Mike Speetzen, Chief Executive Officer, and Bob Mack, Chief Financial Officer.

The financial results will be posted on the company's website at ir.polaris.com. The company will issue an alert over a news wire when the earnings materials are publicly available, including a link to those documents.

Conference Call and Webcast Details
A slide presentation and webcast link will be posted on the Polaris Investor Relations website at ir.polaris.com. To listen to the conference call by phone, dial 1-877-883-0383 in the U.S., or 1-412-902-6506 Internationally using access code 0439231. 

A replay of the webcast will be available by accessing the same webcast link on our website at ir.polaris.com or by phone dialing 1-855-669-9658 in the U.S., or 1-412-317-0088 Internationally using access code 7008833. 

About Polaris
As the global leader in powersports, Polaris Inc. (NYSE: PII) has been defining and redefining outdoor adventure since 1954. Polaris delivers industry-shaping off-road vehicles, snowmobiles, boats, military, quadricycles, and commercial transportation vehicles, along with an expansive portfolio of parts, garments, and accessories. Its lineup includes some of the most iconic brands in powersports including the RANGER, RZR, Polaris XPEDITION, Bennington pontoons, Slingshot, and more. Headquartered in Minnesota and serving customers in nearly 100 countries, Polaris continues to set the standard for performance, quality, and unmatched service. Explore more at www.polaris.com.

SOURCE Polaris Inc.

Applied Digital Corporation (NASDAQ:APLD) shares are trading higher Friday after the company announced it brought an additional 75 MW of AI infrastructure online at its Polaris Forge 1 campus.

Applied Digital shares are advancing steadily. Why are APLD shares climbing? Another Step Toward 400 MW of CapacityApplied Digital achieved Ready for Service for the second phase of Building 2 at Polaris Forge 1, completing the building’s full 150 MW of critical IT load across three 25 MW data halls. The milestone brings fully operational critical IT load at Polaris Forge 1 to 250 MW. The campus is fully leased and contracted to deliver 400 MW of critical IT load at full buildout, located in Ellendale, North Dakota, where Applied Digital has operated since 2021.

“Bringing another 75 MW of AI infrastructure online at Polaris Forge 1 further demonstrates our ability to turn large-scale power into operational AI infrastructure,” said Wes Cummins, Chairman and CEO of Applied Digital. “Securing power is only the starting point. The real work is designing, building, commissioning, and operating the infrastructure that transforms those megawatts into usable capacity for customers.”

Applied Digital Shares Trade HigherAPLD Price Action: At the time of publication, Applied Digital shares are trading 3.60% higher at $25.03, according to data from Benzinga Pro.

Image via Shutterstock

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Vancouver, British Columbia--(Newsfile Corp. - October 1, 2026) - Canagold Resources Ltd. (TSX: CCM) (OTCQB: CRCUF) (FSE: CANA) ("Canagold" or the "Company") announces assay results from five drill holes completed as part of its recently concluded 14-hole resource infill and expansion drilling program targeting the high-grade antimony zone at its 100%-owned New Polaris Gold Project, located in northwestern British Columbia ("BC"), approximately 100 kilometres (km) south of Atlin, BC, and 60 km northeast of Juneau, Alaska.

The drill program was designed to further define and expand the high-grade antimony mineralization identified at New Polaris, while also evaluating its potential to contribute to the Project's gold resources. Highlights of the antimony and gold mineralization intersected in the five drill holes are summarized below, with complete drill-hole results and locations provided in Table 1 and Figure 1.

Highlights

3.83% Sb and 19.38 Au grams per tonne (g/t) Au over 13.20 meters (m) from 451.75 m down hole in hole NP26-01 including 1.21 m grading 30.46% Sb and 49.10 g/t Au. 3.90% Sb and 14.97 g/t Au over 6.06 m from 477.44 m down hole in hole NP26-02 including 0.83 m grading 24.68 % Sb and 29.0 g/t Au.3.30% Sb and 15.08 g/t Au over 3.91 m from 451.19 m down hole in hole NP26-03 including 1.81 m grading 6.99% Sb 26.3 g/t Au."These results are highly significant for New Polaris, representing the highest Sb grades over the greatest widths encountered at the Project to date," stated Catalin Kilofliski, Canagold's CEO. "Importantly, they suggest that the scale of the Sb mineralization may be substantially larger than we originally understood. This creates an opportunity to significantly expand the high-grade Sb and gold resources and, importantly, positions Sb as having the potential to become a meaningful contributor to the overall value and economics of New Polaris."

Table 1

Drill holeFrom (m)To (m)Interval (m)Sb (%)Au (g/t)NP26-01451.75464.9513.203.8319.38Including455.00456.211.2130.4649.10NP26-02477.44483.506.063.9014.97Including478.22479.050.8324.6829.00NP26-02487.50490.352.850.1117.10NP26-03451.19455.103.913.3015.08Including451.19453.001.816.9926.3NP26-05488.83493.564.731.505.76Including490.83491.560.738.5012.80*The New Polaris resource is contained within an Updated Resource report which was prepared by Moose Mountain Technical Services in the format prescribed by NI43-101 Standards of Disclosure for Mineral Projects, and filed on Sedar June 30,2023.

Additional Drilling Highlights

Hole IDInterval
* (m)Sb %Au (gpt)From (m)NP26-022.85 m0.1017.1gpt487.5 mNP26-06B8.22 m0.0116.47gpt472.6 mDrill Hole Details

Hole IDUTM E
NAD83UTM N
NAD83Elev
(m)Azi
(deg)Dip
(deg) Depth
(m)NP26-0157933065070773090.68 -83.18479NP26-02579330650707730101.23-83.73515NP26-03579322650711032103.19-83.7480NP26-05579330650707730111.48-78.04516NP26-06B57933065070773079.71-86.25522Drill intercepts shown are core length as insufficient drilling and modelling has taken place to determine the true dip and strike orientation of the veins being intercepted.

Figure 1

The drilling program has been completed with 7,277m being drilled in 14 holes. The drilling has intersected multiple zones of mineralization in this area.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11878/316852_aeea4c1f842e3ab4_001full.jpg

Drill Core Sampling and Quality Assurance – Quality Control Program

Drill core is geologically logged to identify the gold mineralized zones that are allocated unique sample number tickets and marked for cutting using a purpose-built diamond blade rock saw. Half core samples are collected in labelled bags and the other half remains in the original core box stored on site. Quality control (QC) samples including certified reference material standards, blanks and duplicates are inserted into the sample sequence at intervals of one in ten on a rotating basis to monitor laboratory performance and provide quality assurance (QA) of the assay results. Several sample bags are transported together in rice bags with unique numbered security tags attached and labelled with Company and lab contact information to ensure sample security and chain of custody during shipment to the lab.

Diamond drill core samples were prepared at MSA Labs' Preparation Laboratory in Terrace, BC and assayed at MSA Labs' Geochemical Laboratory in Langley, BC. Analytical accuracy and precision are monitored by the submission of blanks, certified standards and duplicate samples inserted at regular intervals into the sample stream by Canagold personnel. MSA Laboratories quality system complies with the requirements for the International Standards ISO 17025 and ISO 9001. MSA Lab is independent of the Company.

Qualified Person

In accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects, Garry Biles, P.Eng, President & COO is the Qualified Person for the Company and has prepared, validated, and approved the technical and scientific content of this news release. The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting activities on its projects.

About Canagold

Canagold Resources Ltd. is an advanced development company dedicated to advancing the New Polaris Project through feasibility, permitting, and production stages. Additionally, Canagold aims to expand its asset base by acquiring advanced projects, positioning itself as a leading project developer. With a team of technical experts, the Company is poised to unlock substantial value for its shareholders.

"Catalin Kilofliski"

Catalin Kilofliski
Chief Executive Officer

Website: www.canagoldresources.com

Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/316852

Source: Canagold Resources Ltd.

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Bank of America Corp DE acquired a new stake in Polaris Inc. (NYSE:PII – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 253,857 shares of the company’s stock, valued at approximately $17,374,000. Bank of America Corp DE owned about 0.45% of Polaris at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in PII. Elevation Wealth Partners LLC boosted its holdings in shares of Polaris by 471.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 571 shares of the company’s stock valued at $39,000 after acquiring an additional 471 shares in the last quarter. Bard Associates Inc. bought a new stake in shares of Polaris during the fourth quarter worth about $46,000. Hilton Head Capital Partners LLC acquired a new position in shares of Polaris in the fourth quarter valued at approximately $52,000. Versant Capital Management Inc increased its stake in shares of Polaris by 128.1% in the second quarter. Versant Capital Management Inc now owns 949 shares of the company’s stock valued at $65,000 after buying an additional 533 shares during the period. Finally, SHP Wealth Management bought a new position in Polaris in the 4th quarter valued at approximately $74,000. Institutional investors and hedge funds own 88.06% of the company’s stock.

Polaris Stock Down 1.1% Polaris stock opened at $52.36 on Friday. The firm has a market cap of $2.98 billion, a price-to-earnings ratio of -11.31 and a beta of 1.27. Polaris Inc. has a 52-week low of $47.14 and a 52-week high of $77.98. The company has a debt-to-equity ratio of 2.28, a quick ratio of 0.47 and a current ratio of 1.20. The firm has a 50 day moving average price of $64.97 and a two-hundred day moving average price of $63.51.

Polaris (NYSE:PII – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $1.97 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $1.21. The company had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.95 billion. Polaris had a negative net margin of 3.50% and a positive return on equity of 16.77%. The company’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the firm posted ($1.39) EPS. Polaris has set its FY 2026 guidance at 3.000-3.100 EPS. Equities analysts predict that Polaris Inc. will post 3.22 EPS for the current year. Polaris Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were given a $0.68 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $2.72 annualized dividend and a dividend yield of 5.2%. Polaris’s dividend payout ratio (DPR) is -58.75%.

Analyst Upgrades and Downgrades PII has been the topic of a number of research reports. Weiss Ratings raised shares of Polaris from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, July 29th. Bank of America reiterated a “neutral” rating on shares of Polaris in a report on Wednesday, July 29th. Wells Fargo & Company boosted their price objective on shares of Polaris from $65.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 29th. UBS Group decreased their price objective on Polaris from $67.00 to $61.00 and set a “neutral” rating for the company in a report on Friday, September 18th. Finally, Robert W. Baird raised their target price on Polaris from $70.00 to $72.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Polaris currently has an average rating of “Hold” and an average price target of $66.67.

Get Our Latest Stock Analysis on Polaris

About Polaris (Free Report)

Polaris Inc is a powersports manufacturer headquartered in Medina, Minnesota. Founded in 1954 in Roseau, Minnesota, the company initially focused on snowmobiles and has since expanded into a broad range of recreational and utility vehicles.

Polaris develops and sells off-road vehicles, including all-terrain vehicles and side-by-side models for recreational, agricultural, commercial, and government applications. Its product portfolio includes the RZR, Ranger, General, and Sportsman lines, as well as snowmobiles, motorcycles, and three-wheeled roadsters sold under the Indian Motorcycle and Slingshot brands.

See Also Five stocks we like better than Polaris Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks Paychex Plunges, Providing the Entry Investors Have Been Waiting For The Case for Buying High-Yield General Mills Just Strengthened SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story Want to see what other hedge funds are holding PII? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Polaris Inc. (NYSE:PII – Free Report).

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Model Year 2027 Lineup Introduces All-New R-Series Design, Next-Generation Performance and Intuitive Ownership Upgrades

, /PRNewswire/ -- Bennington, North America's leading manufacturer of luxury pontoon boats, announced today its model year 2027 lineup as the company celebrates 30 years. From S-one through the premium R, RX, Q and QX series, the new lineup gives boaters more ways to personalize their experience with distinctive design, greater performance capability and intuitive technology.  

Bennington celebrates 30 years with its 2027 pontoon lineup, offering boaters expanded personalization, enhanced performance and intuitive technology. Among the highlights are 30th Anniversary Limited Edition models, an all-new R-Series exterior, the Triptical Sport Package with capability up to 1,000 horsepower, expanded S-One choices and a range of new comfort, audio, shade and technology upgrades across the lineup.

"As Bennington celebrates 30 years, the 2027 lineup honors the craftsmanship and premium experience that built our reputation," said Michael Shedivy, general manager, Bennington Marine. "We listened closely to our dealers and customers, then focused every update on making boats easier to choose, more personal to own and more rewarding to operate. From a simpler entry into the brand to refined luxury and performance capability, the lineup builds on our legacy while raising the bar for what comes next."

Celebrating 30 Years of Premium Pontoon Leadership

To mark three decades of premium pontoon leadership, Bennington is introducing limited-edition anniversary models featuring exclusive styling details and collector appeal for loyal owners and brand enthusiasts. Offered with Midnight Blue or Sunset Red graphics packages, the commemorative boats feature exclusive 30th-anniversary badging, addressable RGB headlight startup animation, custom furniture packages and a limited-edition steering wheel with a self-centering logo. Together, these details create a distinctive milestone model that honors Bennington's 30-year legacy while offering design elements unavailable elsewhere in the lineup.

A New R-Series Exterior Brings Flagship-Inspired Design Within Reach

For 2027, the R Series receives an all-new exterior inspired by Bennington's award-winning DockSpeed design language. Design features including a sweeping bow profile, dynamic body lines, formed louvers, a diamond-fade grille and available accent lighting create a more sculpted, athletic appearance. Exterior panels mounted both inside and outside the rail structure add depth and craftsmanship, giving the R Series a more premium look that stands apart from conventional flat-panel pontoon designs.

The redesign makes the R Series a more compelling entry into premium boating by bringing Bennington's flagship-inspired styling to a broader group of potential owners. Bennington is also standardizing tritoon construction and PowerShade on the R, RX, Q and QX series, simplifying ordering and adding premium features customers value.

Triptical Sport Package Unlocks the Next Generation of Performance

The all-new Triptical Sport Package is available as an upgrade from ESP T2 on the RT, R, RX, Q and QX premium series. Engineered from the ground up for higher power and greater carrying capacity, the new running surface supports up to 1,000 horsepower with twin 500-horsepower engines and accommodates as many as 16 passengers, depending on the model. This gives owners the flexibility to combine high-performance watersports while maintaining the space and comfort needed for entertaining family and friends.

The Triptical Sport Package features three 29-inch elliptical tubes, each 25 inches high, with 8.5 inches of spacing between the tubes. Fuel capacity is 116 gallons, with an optional dual 116-gallon configuration to allow for extended time on the water. Redesigned Triptical architecture increases carrying capacity while maintaining stability, responsiveness and Bennington's renowned ride quality. A new transom with advanced spray shielding and improved water management helps deliver a drier, more comfortable ride, while refined running-surface geometry improves handling and maneuverability in demanding conditions and with twin-engine configurations.

S-One and S-Series Expand Choice Without Adding Complexity

As the entry point to the lineup, S-One gains expanded interior and exterior colors, additional personalization opportunities and a new a-la-carte menu of popular options. Bennington's proven Good, Better, Best and Best+ package structure remains at the center of the shopping experience, giving buyers and dealers more flexibility while keeping configurations simple and easy to understand.

For S-Series models 20 feet and longer, the optional new Reserve furniture package brings premium Luxe-inspired design to the series. Sculpted foam contours, upscale details and a modern turned-in bench design provide additional comfort onboard. Four coordinated colorways are available, featuring Shadow Grey, Dolce Serene Soft Touch, new Havana Brown and new Halo Silver base vinyls with contrasting accents and customizable interior accent colors.

The S Series also adds the Click & Cruise accessory system, making it easier for owners to personalize their pontoon with purpose-built accessories such as tether kits, rod holders, SUP/pad racks and side-shade kits. Accessories can be selected alongside the boat and delivered together, creating a more seamless ownership experience from day one.

Portfolio-Wide Updates Elevate Comfort, Technology and Personalization

New bimini and arch designs provide a clearer progression of shade solutions across models and price points. Custom Bennington styling and premium fit create a more cohesive look, while hidden wiring, integrated lighting, the elimination of cable stays and a flexible-base all-around light enhance durability and simplify ownership.

A new seven-stage Rockford Fosgate® audio lineup makes it easier to choose the right balance of sound performance and value. Preconfigured Stage 1 through Stage 7 systems span entry-level, midrange and premium offerings, reducing complexity and helping ensure each audio system is configured and integrated as intended.

For 2027, Bennington introduces four new exterior colors: Juniper Green, Metallic Radiant Sand, Bayside Blue and Metallic Sienna Brown. The richer neutrals, metallic finishes and enduring tones give owners more opportunities to personalize their boat while maintaining Bennington's distinctive look.

Bennington's Vivid UX digital helm also receives several enhancements, including the new DockEase Bow Camera. Mounted beneath the port-side bow nosecone, the camera can be selected from the main display to improve forward visibility and helps captains maneuver and dock with greater confidence. The Vivid UX display can also show real-time fuel burn information in gallons per hour. New user modes let owners save preferred RGB color themes, brightness levels, auto-volume preferences, and on equipped models, captain's chair positions.

Available on R, RX, Q and QX models with Sport or Pillowtop furniture, an optional heated bow bench adds comfort during cooler days on the water. Automotive-style heating elements automatically shut off after one hour. Optional six-way adjustable captain and co-captain recliners provide four inches of travel with tilt, up/down and fore/aft adjustment. Additional 2027 enhancements include new wireless and USB charging solutions, a Comfort Step boarding ladder, NOCO onboard battery chargers, a ski tow bar and increased capacity across applicable models, all focused on delivering greater convenience, accessibility and versatility throughout the ownership experience.

To learn more about Bennington's entire 2027 lineup of pontoons, visit benningtonmarine.com.

About Polaris:
As the global leader in powersports, Polaris Inc. (NYSE: PII) has been defining and redefining outdoor adventure since 1954. Polaris delivers industry-shaping off-road vehicles, snowmobiles, boats, military, quadricycles, and commercial transportation vehicles, along with an expansive portfolio of parts, garments, and accessories. Its lineup includes some of the most iconic brands in powersports including the RANGER, RZR, Polaris XPEDITION, Bennington pontoons, Slingshot, and more. Headquartered in Minnesota and serving customers in nearly 100 countries, Polaris continues to set the standard for performance, quality, and unmatched service. Explore more at www.polaris.com.

Unless noted, all trademarks are the property of Pontoon Boat, LLC, a wholly-owned subsidiary of Polaris Industries Inc.
© 2026 Pontoon Boat LLC

SOURCE Polaris Inc.

Vancouver, British Columbia--(Newsfile Corp. - September 11, 2026) - Canagold Resources Ltd. (TSX: CCM) (OTCQB: CRCUF) (FSE: CANA) ("Canagold" or the "Company") is pleased to announce that its 100%-owned New Polaris Gold-Antimony Project, located in northwestern British Columbia, has been included in the Canada Investment Summit Prospectus, highlighting New Polaris as a project of strategic importance and investment potential within Canada's critical minerals and mining sector.

The Canada Investment Summit (the "Summit") is being hosted by Canadian Prime Minister Mark Carney, in partnership with the Canada Pension Plan Investment Board (CPP Investments) and the Public Sector Pension Investment Board (PSP Investments), in Toronto, Ontario, on September 14 and 15, 2026. The Summit will bring together international institutional capital, strategic industry participants and government partners with the objective of attracting up to $1 trillion of investment into Canada, including investment into a select group of Canadian projects identified in the Prospectus.

New Polaris is a feasibility-stage gold-antimony project, with a Feasibility Study completed in 2025 outlining the potential for a significant underground gold and antimony mining operation. Antimony has been designated a critical mineral by Canada given its strategic importance to defense, electronics and clean-energy applications, positioning New Polaris as one of a limited number of advanced-stage Canadian projects with the potential to establish a domestic source of both gold and antimony.

For Canagold, inclusion of the New Polaris Project provides an important validation of the project's potential to become a significant domestic source of gold and antimony production and to contribute to the development of Canada's critical minerals supply chain.

New Polaris is located in northwestern British Columbia, one of Canada's most prospective and well-established mining jurisdictions. Its location provides access to regional infrastructure, a skilled mining workforce and technical expertise, and an active permitting and regulatory framework - key advantages for the potential development of a major underground mining operation.

"Inclusion in the Canada Investment Summit Prospectus recognizes New Polaris as one of the premier development-stage projects in the country, with the potential to make a meaningful contribution to Canada's critical minerals strategy," commented Catalin Kilofliski, Chief Executive Officer of Canagold. "With our Feasibility Study complete and our Environmental Assessment Application under active review, New Polaris is well-positioned to advance toward a construction decision. We are proud to represent British Columbia's gold and antimony potential at this event, and we welcome the opportunity to engage with the institutional capital and strategic partners the Summit will bring together."

The Prospectus inclusion comes at an important time for Canagold as the Company advances New Polaris and continues to position the project for potential development and strategic investment.

Advancing New Polaris

Canagold submitted its Environmental Assessment Application for New Polaris in April 2026, a significant milestone in advancing the project toward development, and New Polaris was subsequently designated a Priority Project by the Province of British Columbia. The Company completed a Feasibility Study for New Polaris in 2025 and continues to advance the project through environmental assessment, permitting, technical studies and stakeholder engagement, including close collaboration with Indigenous Nations, local communities and government partners.

The Company believes that recognition through the Canada Investment Summit further enhances New Polaris's visibility among institutional investors, strategic partners and potential sources of project capital, while underscoring the broader strategic value of developing a domestic Canadian gold and antimony supply chain.

About Canagold Resources Ltd.

Canagold Resources Ltd. is an advanced development company focused on advancing the New Polaris Gold-Antimony Project in northwestern British Columbia through permitting and toward production. The Company completed a Feasibility Study for New Polaris in 2025 and continues to advance the project through environmental assessment, permitting, technical studies and stakeholder engagement.

Canagold's objective is to responsibly develop New Polaris into a significant gold and antimony operation while creating long-term value for shareholders and meaningful benefits for Indigenous Nations and local communities.

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/314017

Source: Canagold Resources Ltd.

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On September 09, 2026, Polaris Inc PII shares fell 3.5% to a current price of $59.26, continuing a downward trend that has seen the stock decline 16.3% over the past month. The stock has traded within a 52-week range of $47.14 to $77.98.

GF Value™ verdict: Current price of $59.26 compared to GF Value of $69.00 indicates a 14.1% upside potential. GF Score™ of 77/100 suggests the company is performing above average in various financial metrics. Notable signal: Insider activity has shown that insiders sold $4.2M worth of shares over the past 12 months, indicating a lack of buying interest. Is PII Overvalued or Undervalued? The current price of Polaris Inc PII at $59.26 is notably below the GF Value™ estimate of $69.00, indicating that the stock is undervalued by approximately 14.1%. However, GF Value™ is GuruFocus' proprietary intrinsic valuation method, which synthesizes historical trading multiples, business growth trends, and estimated future performance. In the case of Polaris, the valuation appears to be directional rather than precise, especially given that the company has been unprofitable and cash-flow-negative.

This discrepancy raises questions about the reliability of earnings-based valuations like the Price-to-Earnings (P/E) ratio, which may not apply effectively to a company struggling to generate profits consistently. Investors should approach the GF Value™ estimate with caution, as it does not account for the potential risks associated with the company's current financial struggles. Nonetheless, being modestly undervalued could present an opportunity for investors willing to look past the short-term volatility.

How Does PII's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 17.6x 14.3x Currently, Polaris Inc is trading at a forward P/E of 17.6x, which is above its 5-year median P/E of 14.3x. This suggests that the stock is overvalued based on a traditional earnings metric, which contrasts with the GF Value™ verdict of being undervalued. This discrepancy highlights the challenges in applying conventional valuation methods to a company that continues to face significant profitability issues.

What Does PII's GF Score™ Tell Us? The GF Score™ evaluates a company's financial health across various dimensions, providing an overall score that reflects its potential for growth and stability. With a GF Score™ of 77/100, Polaris Inc demonstrates above-average performance. The strongest sub-rank is in valuation, scoring 10/10, while the weakest area is in growth, where it scores just 4/10.

Metric Rating GF Score™ 77/100 Financial Strength 5/10 Profitability 7/10 Growth 4/10 Valuation 10/10 Momentum 10/10 The scores collectively indicate that while Polaris Inc has solid valuation metrics and momentum, concerns regarding financial strength and growth potential remain. The high valuation score suggests the stock may be appealing to value-focused investors, but the low growth score highlights potential risks for future performance.

What Are Gurus and Insiders Doing with PII? Currently, 9 gurus hold positions in Polaris Inc, with 2 adding to their stakes while 7 have trimmed their positions in recent quarters. This mixed sentiment among institutional investors is a noteworthy signal, demonstrating cautious interest in the stock amidst its current valuation challenges.

Moreover, insider activity has shown that insiders sold $4.2M worth of shares over the past 12 months with no buying activity. This trend could suggest a lack of confidence from those closely associated with the company, which may warrant further scrutiny from potential investors considering an entry point into Polaris.

What This Means for Investors Based on the analysis of GF Value™, Polaris Inc PII appears to be undervalued at its current price of $59.26 compared to the GF Value™ estimate of $69.00. However, the combination of unprofitability and cash-flow negativity raises concerns about the reliability of this valuation. Investors should remain vigilant, as the stock's valuation may not be stable in light of recent insider selling and mixed guru sentiment.

For more detailed insights, visit the Polaris Inc PII stock page.

Frequently Asked Questions What is PII's GF Score™?

PII's GF Score™ is 77/100, indicating that the company performs above average in various financial metrics.

Is PII overvalued or undervalued?

PII is considered undervalued, with a GF Value™ estimate of $69.00 compared to its current price of $59.26, suggesting a potential upside of 14.1%.

What is PII's P/E ratio?

PII's forward P/E ratio is 17.6x, which is above its 5-year median P/E of 14.3x, indicating that it is trading at a higher valuation compared to its historical standards.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

Key Takeaways Polaris, Intrepid Potash, Interface, NetScout Systems and Acme United passed the efficiency screen.The screen required four efficiency ratios to exceed industry averages across the selected stocks.The strategy narrowed more than 7,906 stocks to 23, with five highlighted as the top stocks. The efficiency ratio is a key indicator of a company’s overall financial health and operational performance. It evaluates how effectively management controls operating costs while generating revenues. The ratio also reflects how efficiently a business utilizes its assets and manages liabilities. A stronger efficiency ratio generally indicates better cost control, effective resource allocation, and the ability to maximize revenues while reducing unnecessary operating expenses.

However, at times, it becomes difficult to measure the efficiency level of a company. This is why one must consider the popular efficiency ratios listed below while selecting stocks.

Polaris (PII - Free Report) , Intrepid Potash (IPI - Free Report) , Interface (TILE - Free Report) , NetScout Systems (NTCT - Free Report) and Acme United (ACU - Free Report) have made it through the screen process:

Efficiency Ratios – to be ConsideredReceivables Turnover:  This is the ratio of 12-month sales to four-quarter average receivables. It shows a company’s potential to extend its credit and collect debt in terms of that credit. A high receivables turnover ratio, or the “accounts receivable turnover ratio” or “debtor’s turnover ratio,” is desirable as it shows that the company is capable of collecting its accounts receivables or that it has quality customers.

Asset Utilization: This ratio indicates a company’s capability to convert assets into output and is thus a widely known measure of efficiency level. It is calculated by dividing total sales over the past 12 months by the last four-quarter average of total assets. Like the above ratios, high asset utilization may indicate that a company is efficient.

Inventory Turnover: The ratio of the 12-month cost of goods sold (COGS) to a four-quarter average inventory is considered one of the most popular efficiency ratios. It indicates a company’s ability to maintain a suitable inventory position. While a high value indicates that the company has a relatively low level of inventory compared to COGS, a low value indicates that the company is facing declining sales, which has resulted in excess inventory.

Operating Margin: This efficiency measure is the ratio of operating income over the past 12 months to sales over the same period. It measures a company’s ability to control operating expenses. Hence, a high value of the ratio may indicate that the company manages its operating expenses more efficiently than its peers.

Screening Criteria Using Research Wizard:In addition to the above-mentioned ratios, we have added a favorable Zacks Rank — Zacks Rank #1 (Strong Buy) — to the screen to make this strategy more profitable. You can see the complete list of today’s Zacks #1 Rank stocks here.

Inventory Turnover, Receivables Turnover, Asset Utilization, and Operating Margin greater than the industry average(Values of these ratios higher than industry averages may indicate that the efficiency level of the company is higher than its peers.)

The use of these few criteria narrowed down the universe of over 7,906 stocks to 23.

Here are the top five stocks that made it through the screen:

Polaris

Polarisdesigns, engineers and manufactures off-road and on-road vehicles. PII has an average four-quarter earnings surprise of 82.6%.

Intrepid Potash

Intrepid Potashis the largest producer of potash in the United States and is dedicated to the production and marketing of potash and langbeinite, another mineral containing potassium. IPI has an average four-quarter earnings surprise of 37.4%.

Interface

Interface is the world's largest manufacturer of modular carpet, which it markets under the Interface and FLOR brands. TILE has an average four-quarter earnings surprise of 29.8%.

NetScout Systems

NetScout Systemsis a leading provider of business assurance — a powerful combination of service assurance, cybersecurity, and business intelligence solutions — for today's most demanding service provider, enterprise and government networks. NTCT has an average four-quarter earnings surprise of 25.1%.

Acme United

Acme Unitedsupplies cutting, measuring, first aid, and sharpening products to the school, home, office, hardware, sporting goods, and industrial markets in the United States, Canada, Europe, and internationally. ACU has an average four-quarter earnings surprise of 17.7%.

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Yamaha (OTCMKTS:YAMCY – Get Free Report) and Polaris (NYSE:PII – Get Free Report) are both mid-cap consumer discretionary companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, dividends, risk, valuation, profitability and earnings.

Dividends Yamaha pays an annual dividend of $0.10 per share and has a dividend yield of 1.2%. Polaris pays an annual dividend of $2.72 per share and has a dividend yield of 4.2%. Polaris pays out -58.7% of its earnings in the form of a dividend. Polaris has raised its dividend for 30 consecutive years. Polaris is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Insider & Institutional Ownership 88.1% of Polaris shares are owned by institutional investors. 2.4% of Polaris shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Valuation & Earnings This table compares Yamaha and Polaris”s gross revenue, earnings per share (EPS) and valuation. Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Yamaha N/A N/A N/A N/A N/A Polaris $7.15 billion 0.51 -$465.50 million ($4.63) -13.85 Yamaha has higher earnings, but lower revenue than Polaris.

Profitability This table compares Yamaha and Polaris’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets Yamaha N/A N/A N/A Polaris -3.50% 16.77% 2.91% Analyst Recommendations This is a breakdown of recent recommendations and price targets for Yamaha and Polaris, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Yamaha 0 1 0 0 2.00 Polaris 1 11 1 1 2.14 Polaris has a consensus price target of $67.00, suggesting a potential upside of 4.46%. Given Polaris’ stronger consensus rating and higher possible upside, analysts plainly believe Polaris is more favorable than Yamaha.

Summary Polaris beats Yamaha on 12 of the 13 factors compared between the two stocks.

About Yamaha (Get Free Report)

Yamaha Corporation, together with its subsidiaries, engages in the musical instruments, audio equipment, and other businesses in Japan and internationally. It manufactures and sells pianos; guitars; keyboards; strings; basses and amps; brass and woodwinds; marching instruments; drums; percussion instruments; music production tools; audio and visual products; and professional audio equipment under the Bösendorfer, Steinberg, Line 6, Ampeg, and Nexo brands. The company also provides acoustic design, unified communication devices, electronic devices, automotive sound system, automobile interior components, factory automation equipment, and golf products. In addition, it is involved in the music schools and resort business. The company was founded in 1887 and is headquartered in Hamamatsu, Japan.

About Polaris (Get Free Report)

Polaris Inc. designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally. It operates through three segments: Off-Road, On-Road, and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; military and commercial ORVs; snowmobiles; motorcycles; and moto-roadsters, quadricycles, and boats. It also provides ORV accessories comprising winches, bumper/brushguards, plows, racks, wheels and tires, pull-behinds, cab systems, lighting and audio systems, cargo box accessories, tracks, and oil; snowmobile accessories, which include covers, traction products, reverse kits, electric starters, tracks, bags, windshields, oil, and lubricants; and motorcycle accessories, such as saddle bags, handlebars, backrests, exhausts, windshields, seats, oil, and various chrome accessories. In addition, the company offers light duty hauling and passenger vehicles; gear and apparel, such as helmets, goggles, jackets, gloves, boots, bibs, hats, pants, and leathers; and pontoon and deck boats. The company provides its products through dealers and distributors, and online; and retail and e-commerce marketplaces. The company was formerly known as Polaris Industries Inc. Polaris Inc. was founded in 1945 and is headquartered in Medina, Minnesota.

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Topgolf Callaway Brands (NYSE:CALY – Get Free Report) and Polaris (NYSE:PII – Get Free Report) are both mid-cap consumer discretionary companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, valuation, risk, earnings, dividends, profitability and analyst recommendations.

Institutional and Insider Ownership
84.7% of Topgolf Callaway Brands shares are owned by institutional investors. Comparatively, 88.1% of Polaris shares are owned by institutional investors. 2.9% of Topgolf Callaway Brands shares are owned by insiders. Comparatively, 2.4% of Polaris shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Analyst Recommendations
This is a breakdown of recent recommendations and price targets for Topgolf Callaway Brands and Polaris, as reported by MarketBeat.com.

Sell Ratings
Hold Ratings
Buy Ratings
Strong Buy Ratings
Rating Score

Topgolf Callaway Brands
0
5
3
0
2.38

Polaris
1
11
1
1
2.14

Topgolf Callaway Brands presently has a consensus price target of $20.00, indicating a potential upside of 21.29%. Polaris has a consensus price target of $67.00, indicating a potential downside of 2.36%. Given Topgolf Callaway Brands’ stronger consensus rating and higher possible upside, equities research analysts plainly believe Topgolf Callaway Brands is more favorable than Polaris.

Profitability
This table compares Topgolf Callaway Brands and Polaris’ net margins, return on equity and return on assets.

Net Margins
Return on Equity
Return on Assets

Topgolf Callaway Brands
3.37%
5.86%
2.48%

Polaris
-3.50%
16.77%
2.91%

Risk & Volatility
Topgolf Callaway Brands has a beta of 0.93, suggesting that its share price is 7% less volatile than the S&P 500. Comparatively, Polaris has a beta of 1.26, suggesting that its share price is 26% more volatile than the S&P 500.

Valuation and Earnings
This table compares Topgolf Callaway Brands and Polaris”s gross revenue, earnings per share and valuation.

Gross Revenue
Price/Sales Ratio
Net Income
Earnings Per Share
Price/Earnings Ratio

Topgolf Callaway Brands
$2.06 billion
1.43
-$409.30 million
$0.43
38.35

Polaris
$7.15 billion
0.55
-$465.50 million
($4.63)
-14.82

Topgolf Callaway Brands has higher earnings, but lower revenue than Polaris. Polaris is trading at a lower price-to-earnings ratio than Topgolf Callaway Brands, indicating that it is currently the more affordable of the two stocks.

Summary
Topgolf Callaway Brands beats Polaris on 9 of the 15 factors compared between the two stocks.

About Topgolf Callaway Brands
(Get Free Report)

Topgolf Callaway Brands Corp. designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories in the United States, Europe, Asia, and Internationally. The Topgolf segment operates Topgolf venues equipped with technology-enabled hitting bays, bars, dining areas, and event spaces, as well as Toptracer ball-flight tracking technology; and World Golf Tour digital golf game. The Golf Equipment segment provides drivers, fairway woods, hybrids, irons, wedges and packaged sets, putters, and pre-owned golf clubs under the Callaway and Odyssey brands, as well as golf balls under the Callaway Golf and Strata brands. The Active Lifestyle segment offers golf apparel and footwear; golf accessories, including golf bags, golf gloves, headwear, and practice aids under the Callaway brand; golf and lifestyle apparel, hats, luggage, and accessories under the TravisMathew brand; and footwear, belts, hats, facemasks, sunglasses, socks, and underwear under the Cuater by TravisMathew brand. This segment also provides storage and travel gear for sport and personal use, such as backpacks; travel, duffel, and golf bags; and storage gear accessories, as well as outerwear, headwear, and accessories under the OGIO brand. In addition, it offers outdoor apparel comprising jackets, trousers, dresses, skirts, and tops; and footwear and outdoor equipment, including packs and bags, travel bags, tents, sleeping bags, and accessories under the Jack Wolfskin brand. The company sells its products through golf retailers, sporting goods retailers, online retailers, mass merchants, department stores, third-party distributors, and mail order stores, as well as directly to consumers through its retail stores and websites. The company was formerly known as Callaway Golf Company and changed its name to Topgolf Callaway Brands Corp. in September 2022. Topgolf Callaway Brands Corp. was incorporated in 1982 and is headquartered in Carlsbad, California.

About Polaris
(Get Free Report)

Polaris Inc. designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally. It operates through three segments: Off-Road, On-Road, and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; military and commercial ORVs; snowmobiles; motorcycles; and moto-roadsters, quadricycles, and boats. It also provides ORV accessories comprising winches, bumper/brushguards, plows, racks, wheels and tires, pull-behinds, cab systems, lighting and audio systems, cargo box accessories, tracks, and oil; snowmobile accessories, which include covers, traction products, reverse kits, electric starters, tracks, bags, windshields, oil, and lubricants; and motorcycle accessories, such as saddle bags, handlebars, backrests, exhausts, windshields, seats, oil, and various chrome accessories. In addition, the company offers light duty hauling and passenger vehicles; gear and apparel, such as helmets, goggles, jackets, gloves, boots, bibs, hats, pants, and leathers; and pontoon and deck boats. The company provides its products through dealers and distributors, and online; and retail and e-commerce marketplaces. The company was formerly known as Polaris Industries Inc. Polaris Inc. was founded in 1945 and is headquartered in Medina, Minnesota.

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Factory-integrated upgrades deliver more output, deeper bass and trail-ready performance.

, /PRNewswire/ -- Rockford Fosgate (www.rockfordfosgate.com), the industry leader in high-performance audio systems, announces three purpose-built audio solutions for select Polaris® RZR and Sportsman vehicles: the RZR Phantom Rear Door Speaker Upgrade, the 2026 RZR PRO-R / PRO-R Boost Subwoofer Kit, and the Polaris Sportsman Front Rack Audio System. Each product combines vehicle-specific integration, straightforward installation and rugged construction to deliver powerful sound without compromising factory fit, function or storage.

Rockford Fosgate® Expands Polaris Audio Lineup with New RZR and Sportsman Systems Factory-integrated upgrades deliver more output, deeper bass and trail-ready performance.

Rockford Fosgate® Expands Polaris Audio Lineup with New RZR and Sportsman Systems Factory-integrated upgrades deliver more output, deeper bass and trail-ready performance. RZR Phantom Rear Door Speaker Upgrade

Designed for select RZR PRO-R, PRO-S and PRO-XP Stage-4 four-passenger Ultimate models, the rear door upgrade adds two 6.5-inch Element Ready™ speakers in custom OEM door panels. The system adds 200 watts of output, with extended voice coils that deliver clear highs, deeper bass and a more dynamic listening experience. Integrated door handles and grilles match the existing Rockford Fosgate audio ecosystem, while factory mounting locations support quick installation and a clean, cohesive interior. Co-engineered with Polaris, the system is Ride Command Ready for vehicle-specific, noise-free integration with zero setup.

2026 RZR PRO-R / PRO-R Boost Subwoofer Kit

Purpose-built for 2-seat and 4-seat 2026 RZR PRO-R and PRO-R Boost models, the new subwoofer kit centers on a 10-inch, 400-watt subwoofer powered by a dedicated channel on the new 1,500-watt, 8-channel amplifier. Vehicle-optimized mounting brackets provide precise factory-grade fitment, and an included 12-volt relocation kit supports installation in 2-seat models. The compact, one-piece roto-molded enclosure preserves cabin space and ergonomics while adding deep, hard-hitting bass across the entire audio system.

Polaris Sportsman Front Rack Audio System

Engineered for select Polaris Sportsman models, the all-in-one front rack system combines two 100-watt, 8-inch Element Ready™ coaxial speakers with a 150-watt, 2-channel Bluetooth® amplifier. The ultra-high-excursion speakers deliver punchy bass in a lightweight, durable package, while Bluetooth connectivity gives riders direct control from a smartphone. All components are housed in a single roto-molded enclosure that mounts securely to the OEM front storage rack and opens to maintain full access to the existing storage area. Plug-and-play installation and factory-matched styling complete the integrated design.

All three systems are engineered for demanding off-road environments. Element Ready™ construction helps protect critical components from water, salt and UV exposure, while rugged enclosures and vehicle-specific hardware are designed to withstand vibration, heat, mud and rough terrain. The result is premium, factory-fit audio performance built for wherever the trail leads.

For more information, please visit rockfordfosgate.com

About Rockford Fosgate

Setting the standard for excellence in the audio industry, Rockford Corporation markets high-performance audio systems under the brand Rockford Fosgate® for the mobile, motorcycle, motorsport, and marine audio aftermarket and OEM market. Headquartered in Tempe, Ariz., Rockford Corporation is a wholly owned subsidiary of Patrick Industries, Inc. (NASDAQ: PATK).

SOURCE Rockford Fosgate

, /PRNewswire/ -- Polaris Inc. (NYSE: PII) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.68 per share payable on September 15, 2026 to shareholders of record at the close of business on September 1, 2026.

About Polaris 
As the global leader in powersports, Polaris Inc. (NYSE: PII) has been defining and redefining outdoor adventure since 1954. Polaris delivers industry-shaping off-road vehicles, snowmobiles, boats, military, quadricycles, and commercial transportation vehicles, along with an expansive portfolio of parts, garments, and accessories. Its lineup includes some of the most iconic brands in powersports including the RANGER, RZR, Polaris XPEDITION, Bennington pontoons, Slingshot, and more. Headquartered in Minnesota and serving customers in nearly 100 countries, Polaris continues to set the standard for performance, quality, and unmatched service. Explore more at www.polaris.com.

SOURCE Polaris Inc.

Also from this source

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.

Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase, investors find themselves invested in shares that have limited to no upside or even a downside. So, betting on a stock just by looking at the traditional momentum parameters could be risky at times.

It could be safer to invest in bargain stocks that have been witnessing price momentum recently. While the Zacks Momentum Style Score (part of the Zacks Style Scores system), which pays close attention to trends in a stock's price or earnings, is pretty useful in identifying great momentum stocks, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced.

Polaris Inc (PII - Free Report) is one of the several great candidates that made it through the screen. While there are numerous reasons why this stock is a great choice, here are the most vital ones:

Investors' growing interest in a stock is reflected in its recent price increase. A price change of 4.6% over the past four weeks positions the stock of this snowmobile and ATV maker well in this regard.

While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. PII meets this criterion too, as the stock gained 8.3% over the past 12 weeks.

Moreover, the momentum for PII is fast paced, as the stock currently has a beta of 1.25. This indicates that the stock moves 25% higher than the market in either direction.

Given this price performance, it is no surprise that PII has a Momentum Score of A, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.

In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped PII earn a Zacks Rank #1 (Strong Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Most importantly, despite possessing fast-paced momentum features, PII is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. PII is currently trading at 0.55 times its sales. In other words, investors need to pay only 55 cents for each dollar of sales.

So, PII appears to have plenty of room to run, and that too at a fast pace.

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3 Small-Cap Stocks to Buy and Hold For 2025 and BeyondPolaris NYSE: PII raised its full-year outlook after reporting second-quarter sales growth, higher operating margins and continued market-share gains in off-road vehicles, while executives said the company is managing a still-cautious environment for recreational products.

Chief Executive Officer Mike Speetzen said reported second-quarter sales rose 9% from a year earlier, or 17% excluding Indian Motorcycle. Growth was led by the Powersports segment, where off-road vehicle and commercial sales increased at double-digit rates. Marine sales rose 16%, while North American retail increased 4% and ORV retail rose 5%, excluding used vehicles.

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Harley-Davidson Stock Revs Up With Billion Dollar Buyback Program“We exceeded expectations across all key metrics,” Speetzen said, adding that Polaris gained ORV market share for a fifth consecutive quarter. He attributed the performance to new products, dealer relationships, portfolio changes and manufacturing-efficiency efforts.

Tariff Refunds Lift Reported Earnings Polaris recorded a $74 million benefit during the quarter related to tariff refund claims under the International Emergency Economic Powers Act, or IEEPA. The refund contributed $0.96 to adjusted earnings per share, bringing reported adjusted EPS to $1.97.

Is it Time to Take Harley Davidson For a RideExcluding the refund, Polaris said operational adjusted EPS was $1.01, above its prior target range of $0.70 to $0.80. Operational gross margin expanded 82 basis points, despite $32 million of ongoing tariff expense and higher commodity costs, according to Speetzen.

Chief Financial Officer Bob Mack said operational adjusted EBITDA margin improved by about 180 basis points from a year earlier, driven by higher volumes, favorable product mix and positive net pricing. Those gains were partly offset by tariffs, higher commodity costs and a modest rise in operating expenses.

“The underlying performance of the business was well ahead of our expectations,” Mack said.

Polaris said it expects approximately $215 million of tariff costs for the full year, unchanged from its previous outlook, assuming no material changes in current U.S.-Mexico-Canada Agreement or other tariff policies. The company is seeking to reduce China-sourced material cost of goods sold to below 5% by the end of 2027, compared with 18% in 2024.

Utility and Commercial Demand Offset Recreational Pressure Utility ORV retail rose more than 10% during the quarter, with the RANGER line continuing to outperform the market. Polaris said the RANGER 500 was the fastest-growing off-road vehicle in the industry based on recent industry data, while newly launched RANGER 1000 and RANGER XP 1000 cab units generated multiple points of share gains in the utility side-by-side category.

For the first time, more than half of Polaris’ ORV retail came from cab units during the quarter. Speetzen said the company believes customers are increasingly shifting toward cab-equipped vehicles because of their capability, refinement and features.

Commercial demand also remained a major contributor. Mack said revenue growth in that business was supported by infrastructure investment, especially data-center construction. Polaris cited its dedicated commercial dealer network, commercial sales organization and Pro XD product lineup as factors positioning it to serve that market. The company also reported increased commercial parts revenue as it invests in vehicle uptime and parts availability.

However, executives said recreational ORV demand remains under pressure. Speetzen said inflation, borrowing costs and broader economic uncertainty continue to affect consumers, particularly lower- and middle-income customers making discretionary purchases. He said July demand trends were consistent with the second quarter, with utility products remaining strong and recreational products challenged.

Marine retail also remained uneven. Polaris said pontoon retail was down high single digits in the second quarter, while industry pontoon retail was down about 9% through May. Sales in Polaris’ Marine segment nevertheless increased 16%, aided by higher shipments and a richer mix of premium Bennington QX and Godfrey SanPan pontoons.

Dealer Inventory Falls as Polaris Raises Outlook Polaris said dealer inventory declined 8% year over year and dealer days sales outstanding were slightly above 100 days, below historical levels. The company increased utility inventory in response to demand while reducing inventory in recreational ORV, seasonal and marine categories where demand was weaker.

Speetzen said Polaris’ work with dealers to tailor inventory by market helped increase sales velocity 18% in the first half. The company expects to continue aligning production, shipments and retail demand in the second half.

With first-half performance exceeding expectations, Polaris raised its 2026 sales outlook to $7.3 billion to $7.5 billion, representing growth of 2% to 5%, compared with prior guidance ranging from flat sales to growth of 2%. Excluding Indian Motorcycle, organic sales are expected to increase about 10%.

Adjusted EBITDA margin is now expected to increase by 250 to 275 basis points. Operational adjusted EBITDA margin is expected to improve by 145 to 170 basis points, above the prior outlook of 100 to 140 basis points. Adjusted EPS is projected at $3.00 to $3.10, including tariff refunds. Operational adjusted EPS is projected at $2.05 to $2.15, up from prior guidance of $1.60 to $1.70. Polaris expects a broadly flat retail environment in the second half, though it said retail could rise by low single digits if demand holds. The company plans to announce product launches at dealer events in August, with executives expecting those products to have a greater impact as they reach dealerships in the fourth quarter.

The company also said it estimates an additional potential tariff-refund opportunity of about $40 million, though that amount is not included in current guidance because portions depend on supplier recoveries and a future government filing process.

About Polaris (NYSE:PII)Polaris Inc, founded in 1954 and headquartered in Medina, Minnesota, is a diversified manufacturer of powersports vehicles and related products. Initially gaining prominence with its snowmobiles, Polaris expanded its portfolio over the decades to include all-terrain vehicles (ATVs), side-by-side off-road vehicles, and motorcycles. The company's legacy in recreational and utility vehicle innovation stems from early engineering breakthroughs that established Polaris as a leading name in off-road mobility.

Today, Polaris offers a broad range of products under well-known brands such as Polaris RANGER and POLARIS SPORTSMAN for utility and recreation markets, Slingshot three-wheel roadsters for on-road enthusiasts, and the Indian Motorcycle brand for premium two-wheeled touring and cruiser segments.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

Should You Invest $1,000 in Polaris Right Now?Before you consider Polaris, you'll want to hear this.

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Shares of Polaris Inc (PII - Free Report) have been strong performers lately, with the stock up 5.1% over the past month. The stock hit a new 52-week high of $75.92 in the previous session. Polaris Inc has gained 18.1% since the start of the year compared to the -19.7% move for the Zacks Auto-Tires-Trucks sector and the -23.9% return for the Zacks Automotive - Domestic industry.

What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, having beaten the Zacks Consensus Estimate in each of the last four quarters. In its last earnings report on July 28, 2026, Polaris Inc reported EPS of $1.97 versus consensus estimate of $0.77.

For the current fiscal year, Polaris Inc is expected to post earnings of $1.76 per share on $7.32 in revenues. This represents a 17700% change in EPS on a 2.42% change in revenues. For the next fiscal year, the company is expected to earn $3.21 per share on $7.62 in revenues. This represents a year-over-year change of 82.9% and 4%, respectively.

Valuation MetricsWhile Polaris Inc has moved to its 52-week high over the past few weeks, investors need to be asking, what is next for the company? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.

On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.

Polaris Inc has a Value Score of B. The stock's Growth and Momentum Scores are C and F, respectively, giving the company a VGM Score of B.

In terms of its value breakdown, the stock currently trades at 42.5X current fiscal year EPS estimates, which is a premium to the peer industry average of 19.5X. On a trailing cash flow basis, the stock currently trades at 14.7X versus its peer group's average of 8.8X. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.

Zacks RankWe also need to consider the stock's Zacks Rank, as this is even more important than the company's VGM Score. Fortunately, Polaris Inc currently has a Zacks Rank of #1 (Strong Buy) thanks to favorable earnings estimate revisions from covering analysts.

Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Polaris Inc meets the list of requirements. Thus, it seems as though Polaris Inc shares could still be poised for more gains ahead.

How Does PII Stack Up to the Competition?Shares of PII have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is General Motors Company (GM - Free Report) . GM has a Zacks Rank of #2 (Buy) and a Value Score of A, a Growth Score of B, and a Momentum Score of A.

Earnings were strong last quarter. General Motors Company beat our consensus estimate by 14.06%, and for the current fiscal year, GM is expected to post earnings of $13.23 per share on revenue of $185.8 billion.

Shares of General Motors Company have gained 12.5% over the past month, and currently trade at a forward P/E of 6.58X and a P/CF of 3.22X.

The Automotive - Domestic industry is in the top 33% of all the industries we have in our universe, so it looks like there are some nice tailwinds for PII and GM, even beyond their own solid fundamental situation.

Polaris Inc (PII - Free Report) came out with quarterly earnings of $1.97 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.4 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +155.84%. A quarter ago, it was expected that this snowmobile and ATV maker would post a loss of $0.43 per share when it actually produced earnings of $0.13, delivering a surprise of +130.23%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Polaris Inc, which belongs to the Zacks Automotive - Domestic industry, posted revenues of $2.02 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.51%. This compares to year-ago revenues of $1.85 billion. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Polaris Inc shares have added about 18.1% since the beginning of the year versus the S&P 500's gain of 8.3%.

What's Next for Polaris Inc?While Polaris Inc has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Polaris Inc was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.74 on $1.88 billion in revenues for the coming quarter and $1.76 on $7.32 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Automotive - Domestic is currently in the top 33% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Xos, Inc. (XOS - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026.

This company is expected to post quarterly loss of $0.60 per share in its upcoming report, which represents a year-over-year change of +34.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Xos, Inc.'s revenues are expected to be $12.14 million, down 34% from the year-ago quarter.

Vancouver, British Columbia--(Newsfile Corp. - July 23, 2026) - Canagold Resources Ltd. (TSX: CCM) (OTCQB: CRCUF) (FSE: CANA) ("Canagold" or the "Company") is pleased to announce the successful completion of landing craft trials on the Taku River, demonstrating the use of a shallow-draft, self-propelled landing craft to transport freight from Juneau, Alaska, to the Tulsequah River confluence near the Company's proposed New Polaris Gold-Antimony Mine in northwestern British Columbia.

The successful trial confirms that the Taku River is a viable alternative freight corridor for the New Polaris Project and represents an important milestone in finalizing the Company's long-term logistics strategy for the proposed construction and operations.

"The trials were an important step in de-risking the logistics plan for New Polaris," said Catalin Kilofliski, Chief Executive Officer of Canagold. "Demonstrating that a shallow-draft landing craft can safely and reliably navigate the Taku River provides additional flexibility as we finalize our freight transportation strategy while addressing environmental and community considerations. We greatly appreciate the support, collaboration, and commitment of everyone involved in bringing these trials to a successful conclusion."

To address concerns expressed by the Taku River Tlingit First Nation and other Taku River users regarding the use of conventional tug-and-barge operations, Canagold evaluated a shallow-draft, self-propelled landing craft as an alternative transportation method. The vessel selected for the trial was the Inlet Raider, a 98-foot-long by 23-foot-wide landing craft with a draft of approximately four feet and a cargo capacity of 100 tons (pictured below).

The trials were conducted between June 11 and June 19, 2026, and consisted of multiple trips along the Taku River to the Tulsequah River confluence during this period.

Each voyage was led by a guide boat equipped with sonar instrumentation to continuously measure water depths and identify the optimal navigation route. A separate monitoring vessel carried independent environmental consultants together with monitors from the Taku River Tlingit First Nation, who observed vessel operations throughout the trial.

In addition to confirming the vessel's ability to safely navigate the Taku River and the tidal flats above Taku Inlet, the trial was designed to collect information required for future project planning and environmental assessment. Data collected included:

Navigation routes and river bathymetry;Water depths under varying tidal conditions;Above-water and underwater noise levels;Shoreline wake heights;Water quality measurements; andDrone video of the vessel along the river.Environmental monitoring was conducted by independent specialist consultants, with Taku River Tlingit First Nation participating throughout the program as environmental monitors.

Preliminary observations are that the landing craft passage had no significant negative effects on water quality, noise, or shoreline wake. A more detailed report will be prepared when all the information collected during the trial is received from the consultants.

The data collected during the trial will be used to further evaluate the suitability of the landing craft transportation method and to support ongoing studies for the New Polaris Project.

Qualified Persons

In accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects, Garry Biles, P.Eng, President & COO is the Qualified Person for the Company and has prepared, validated, and approved the technical and scientific content of this news release. The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting activities on its projects.

About Canagold

Canagold Resources Ltd. is an advanced development company dedicated to advancing the New Polaris Project through feasibility, permitting, and production stages. Additionally, Canagold aims to expand its asset base by acquiring advanced projects, positioning itself as a leading project developer. With a team of technical experts, the Company is poised to unlock substantial value for its shareholders.

"Catalin Kilofliski"

Catalin Kilofliski
Chief Executive Officer

Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/306217

Source: Canagold Resources Ltd.

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