Douglas Dynamics (NYSE:PLOW) Upgraded by Zacks Research to "Hold" Rating

Key Points

• Zacks Research upgraded Douglas Dynamics from “strong sell” to “hold,” while the broader analyst consensus remains “Moderate Buy” with an average price target of $51.67.
• Shares opened at $41.27, down 0.9%, below the company’s 50-day and 200-day moving averages of approximately $44.40 and $44.64, respectively.
• Douglas Dynamics exceeded quarterly EPS expectations, reporting $1.22 versus the $1.08 consensus, though revenue of $214.65 million came in below estimates; institutional investors own 91.85% of the stock.

Douglas Dynamics (NYSE:PLOW - Get Free Report) was upgraded by equities research analysts at Zacks Research from a "strong sell" rating to a "hold" rating in a note issued to investors on Wednesday, Zacks reports.

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

Douglas Dynamics Stock Down 0.9%

PLOW stock opened at $41.27 on Wednesday. The stock has a market capitalization of $952.51 million, a P/E ratio of 18.76, a price-to-earnings-growth ratio of 0.91 and a beta of 1.19. The company has a current ratio of 2.16, a quick ratio of 1.03 and a debt-to-equity ratio of 0.44. Douglas Dynamics has a 12 month low of $28.52 and a 12 month high of $55.00. The firm has a 50-day moving average price of $44.40 and a 200-day moving average price of $44.64.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Globeflex Capital L P acquired a new stake in Douglas Dynamics during the 2nd quarter worth about $4,672,000. Ranger Investment Management L.P. acquired a new position in shares of Douglas Dynamics in the 2nd quarter valued at about $5,914,000. Icon Advisers Inc. Co. acquired a new position in shares of Douglas Dynamics in the 1st quarter valued at about $8,717,000. Systematic Financial Management LP boosted its position in shares of Douglas Dynamics by 7.8% during the 4th quarter. Systematic Financial Management LP now owns 334,028 shares of the auto parts company's stock valued at $10,906,000 after purchasing an additional 24,055 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of Douglas Dynamics by 128.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 538,669 shares of the auto parts company's stock valued at $22,673,000 after purchasing an additional 303,077 shares in the last quarter. 91.85% of the stock is 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.

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