Douglas Dynamics, Inc. (NYSE:PLOW) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Douglas Dynamics, Inc. (NYSE:PLOW) have been given an average recommendation of “Moderate Buy” by the five analysts that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $51.67.

PLOW has been the topic of a number of recent analyst reports. DA Davidson set a $57.00 target price on Douglas Dynamics in a research report on Tuesday, August 4th. Wall Street Zen cut Douglas Dynamics from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Zacks Research upgraded Douglas Dynamics from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 2nd. Robert W. Baird reduced their price objective on shares of Douglas Dynamics from $56.00 to $50.00 and set a “neutral” rating for the company in a research note on Tuesday, August 4th. Finally, Weiss Ratings upgraded shares of Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 13th.

Douglas Dynamics Stock Up 0.3%

PLOW stock opened at $39.84 on Wednesday. The firm has a market cap of $919.60 million, a PE ratio of 18.11, a P/E/G ratio of 0.87 and a beta of 1.19. Douglas Dynamics has a 12 month low of $28.52 and a 12 month high of $55.00. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.16 and a quick ratio of 1.03. The firm has a 50 day simple moving average of $42.19 and a 200 day simple moving average of $44.20.

Douglas Dynamics (NYSE:PLOW) last posted its quarterly earnings results on Monday, August 3rd. The auto parts company reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.14. Douglas Dynamics had a net margin of 7.52% and a return on equity of 19.03%. The firm had revenue of $214.65 million for the quarter, compared to analyst estimates of $219.45 million. Douglas Dynamics has set its FY 2026 guidance at 2.900-3.400 EPS. Equities research analysts forecast that Douglas Dynamics will post 2.86 earnings per share for the current fiscal year.

Douglas Dynamics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a $0.2950 dividend. This represents a $1.18 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Tuesday, September 15th. Douglas Dynamics’s dividend payout ratio is 53.64%.

Hedge Funds Weigh In On Douglas Dynamics

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio acquired a new stake in Douglas Dynamics during the 2nd quarter valued at $27,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Douglas Dynamics in the second quarter worth $76,000. Strs Ohio purchased a new position in shares of Douglas Dynamics during the first quarter valued at $135,000. Glenmede Trust Co. NA purchased a new position in shares of Douglas Dynamics during the first quarter valued at $208,000. Finally, Empowered Funds LLC acquired a new position in Douglas Dynamics during the first quarter valued at $220,000. 91.85% of the stock is currently owned by hedge funds and other institutional investors.

Douglas Dynamics Company Profile

Douglas Dynamics, Inc is a Milwaukee, Wisconsin-based manufacturer of equipment and solutions for snow and ice management and commercial work trucks. The company serves contractors, municipalities, government agencies and other commercial customers that rely on specialized equipment to maintain roads, parking lots and other properties.

Its product portfolio includes snowplows, tailgate and hopper spreaders, liquid deicing systems, underbody scrapers and related truck-mounted attachments.