Douglas Dynamics (NYSE:PLOW) Raised to “Hold” at Zacks Research

Douglas Dynamics (NYSE:PLOW) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday, Zacks reports.

PLOW has been the subject of several other research reports. Weiss Ratings upgraded shares of Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 13th. Freedom Capital upgraded Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Robert W. Baird lowered their price target on Douglas Dynamics from $56.00 to $50.00 and set a “neutral” rating for the company in a research report on Tuesday, August 4th. DA Davidson set a $57.00 price objective on Douglas Dynamics in a research note on Tuesday, August 4th. Finally, Wall Street Zen downgraded Douglas Dynamics from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $51.67.

Douglas Dynamics Trading Down 0.9%

NYSE PLOW opened at $41.27 on Wednesday. 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 stock has a market capitalization of $952.51 million, a P/E ratio of 18.76, a PEG ratio of 0.91 and a beta of 1.19. The firm’s 50-day moving average is $44.40 and its two-hundred day moving average is $44.64. Douglas Dynamics has a 12 month low of $28.52 and a 12 month high of $55.00.

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

Institutional Investors Weigh In On Douglas Dynamics

Hedge funds have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio purchased a new position in Douglas Dynamics in the 2nd quarter valued at approximately $27,000. CIBC Private Wealth Group LLC increased its position in shares of Douglas Dynamics by 229.9% during the third quarter. CIBC Private Wealth Group LLC now owns 1,204 shares of the auto parts company’s stock worth $38,000 after acquiring an additional 839 shares during the period. Tower Research Capital LLC TRC increased its position in shares of Douglas Dynamics by 136.6% during the second quarter. Tower Research Capital LLC TRC now owns 2,257 shares of the auto parts company’s stock worth $67,000 after acquiring an additional 1,303 shares during the period. State of Wyoming raised its stake in shares of Douglas Dynamics by 20.0% in the second quarter. State of Wyoming now owns 2,430 shares of the auto parts company’s stock valued at $72,000 after acquiring an additional 405 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in shares of Douglas Dynamics by 18.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,609 shares of the auto parts company’s stock valued at $85,000 after acquiring an additional 400 shares in the last quarter. 91.85% of the stock is currently owned by institutional investors and hedge funds.

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.