Polaris's Customers Disappear, Weighed Down by Higher Debt -- Market Talk

Dow Jones

Dec 31, 2024

1454 ET - Polaris is expected to lose more power sports customers as debt overwhelms buyers, Baird analysts said in a research note. Dealers told Baird in a survey that there are "simply no customers" for products in the power sports category such as all terrain vehicles, snowmobiles and motorcycles. Consumers have hit a wall when it comes to debt and aren't keeping up with monthly expenses. While there is some strength among affluent buyers that is offset by widespread debt-to-income issues, among other problems. The result is weaker demand, which is likely to prompt Polaris to further cut back its inventory to dealers, says Baird, which cut its price target on the shares to $72 from $84. The stock is little changed on the day at $57.51, is down 39% this year. (katherine.hamilton@wsj.com )

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December 30, 2024 14:54 ET (19:54 GMT)

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Dealers told Baird in a survey that there are \"simply no customers\" for products in the power sports category such as all terrain vehicles, snowmobiles and motorcycles. Consumers have hit a wall when it comes to debt and aren't keeping up with monthly expenses. While there is some strength among affluent buyers that is offset by widespread debt-to-income issues, among other problems. The result is weaker demand, which is likely to prompt Polaris to further cut back its inventory to dealers, says Baird, which cut its price target on the shares to $72 from $84. The stock is little changed on the day at $57.51, is down 39% this year. (katherine.hamilton@wsj.com ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (MORE TO FOLLOW) Dow Jones Newswires\n</p>\n<p>\n  December 30, 2024 14:54 ET (19:54 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Polaris's Customers Disappear, Weighed Down by Higher Debt -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPolaris's Customers Disappear, Weighed Down by Higher Debt -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-12-31 03:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  1454 ET - Polaris is expected to lose more power sports customers as debt overwhelms buyers, Baird analysts said in a research note. Dealers told Baird in a survey that there are \"simply no customers\" for products in the power sports category such as all terrain vehicles, snowmobiles and motorcycles. Consumers have hit a wall when it comes to debt and aren't keeping up with monthly expenses. While there is some strength among affluent buyers that is offset by widespread debt-to-income issues, among other problems. The result is weaker demand, which is likely to prompt Polaris to further cut back its inventory to dealers, says Baird, which cut its price target on the shares to $72 from $84. The stock is little changed on the day at $57.51, is down 39% this year. (katherine.hamilton@wsj.com ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (MORE TO FOLLOW) Dow Jones Newswires\n</p>\n<p>\n  December 30, 2024 14:54 ET (19:54 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CUBI","symbol_name":"Customers Bancorp Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2495457785","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2495457785","pubTimestamp":1735588440,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1454 ET - Polaris is expected to lose more power sports customers as debt overwhelms buyers, Baird analysts said in a research note. Dealers told Baird in a survey that there are \"simply no customers\" for products in the power sports category such as all terrain vehicles, snowmobiles and motorcycles. Consumers have hit a wall when it comes to debt and aren't keeping up with monthly expenses. While there is some strength among affluent buyers that is offset by widespread debt-to-income issues, among other problems. The result is weaker demand, which is likely to prompt Polaris to further cut back its inventory to dealers, says Baird, which cut its price target on the shares to $72 from $84. The stock is little changed on the day at $57.51, is down 39% this year. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CUBI":"Customers Bancorp Inc.","BK4211":"区域性银行","BK6008":"电脑与电子产品零售","5BI.SI":"POLARIS公司","BK4190":"消闲用品","BK6514":"零售商股","PII":"北极星"},"translate_title":"北极星的客户因债务增加而消失——市场传言","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CUBI":1,"5BI.SI":1,"PII":1},"content_text":"1454 ET - Polaris is expected to lose more power sports customers as debt overwhelms buyers, Baird analysts said in a research note. Dealers told Baird in a survey that there are \"simply no customers\" for products in the power sports category such as all terrain vehicles, snowmobiles and motorcycles. Consumers have hit a wall when it comes to debt and aren't keeping up with monthly expenses. While there is some strength among affluent buyers that is offset by widespread debt-to-income issues, among other problems. The result is weaker demand, which is likely to prompt Polaris to further cut back its inventory to dealers, says Baird, which cut its price target on the shares to $72 from $84. The stock is little changed on the day at $57.51, is down 39% this year. (katherine.hamilton@wsj.com ) \n\n\n \n\n\n  (MORE TO FOLLOW) Dow Jones Newswires\n\n\n  December 30, 2024 14:54 ET (19:54 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}