Douglas Dynamics (NYSE:PLOW) Stock Rating Lowered by Zacks Research

Douglas Dynamics (NYSE:PLOW) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

Several other research firms also recently commented on PLOW. Freedom Capital raised shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Wall Street Zen cut shares of Douglas Dynamics from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 30th. Weiss Ratings downgraded Douglas Dynamics from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, June 30th. DA Davidson increased their price objective on Douglas Dynamics from $55.00 to $60.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Finally, Robert W. Baird set a $56.00 price target on Douglas Dynamics in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $54.67.

Douglas Dynamics Trading Down 5.5%

Shares of Douglas Dynamics stock opened at $44.32 on Monday. The stock has a market capitalization of $1.02 billion, a PE ratio of 19.96, a price-to-earnings-growth ratio of 0.97 and a beta of 1.17. Douglas Dynamics has a 52 week low of $27.62 and a 52 week high of $55.00. The stock has a 50 day moving average price of $46.80 and a two-hundred day moving average price of $42.66. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.77 and a current ratio of 2.65.

Douglas Dynamics (NYSE:PLOW) last issued its earnings results on Monday, May 4th. The auto parts company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.24. The company had revenue of $137.80 million for the quarter, compared to analysts’ expectations of $133.25 million. Douglas Dynamics had a return on equity of 19.72% and a net margin of 7.83%.Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. As a group, equities analysts anticipate that Douglas Dynamics will post 2.69 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Douglas Dynamics

Several large investors have recently modified their holdings of PLOW. Empowered Funds LLC purchased a new position in Douglas Dynamics in the first quarter valued at approximately $220,000. Glenmede Trust Co. NA bought a new position in shares of Douglas Dynamics during the 1st quarter worth $208,000. Bank of America Corp DE increased its holdings in Douglas Dynamics by 6.5% in the 1st quarter. Bank of America Corp DE now owns 289,552 shares of the auto parts company’s stock worth $12,187,000 after acquiring an additional 17,717 shares during the last quarter. Janus Henderson Group PLC increased its holdings in Douglas Dynamics by 43.1% in the 1st quarter. Janus Henderson Group PLC now owns 113,791 shares of the auto parts company’s stock worth $4,790,000 after acquiring an additional 34,297 shares during the last quarter. Finally, Quantinno Capital Management LP raised its stake in Douglas Dynamics by 79.6% in the 1st quarter. Quantinno Capital Management LP now owns 41,148 shares of the auto parts company’s stock valued at $1,732,000 after acquiring an additional 18,235 shares during the period. Hedge funds and other institutional investors own 91.85% of the company’s stock.

About Douglas Dynamics

Douglas Dynamics, Inc is a leading designer, manufacturer and distributor of snow and ice removal equipment for commercial, municipal and residential markets. The company’s product portfolio encompasses a wide range of truck-mounted plows, spreaders, salt brine systems and related accessories engineered to perform in challenging winter conditions. Its offerings cater to professional snow contractors, government agencies and retail customers seeking reliable solutions for snow and ice management.

Douglas Dynamics markets its products under several well-known brands, including Fisher Engineering, Western Products, Hiniker Company and Buyers Products.