Douglas Dynamics (NYSE:PLOW - Get Free Report) had its target price raised by equities research analysts at DA Davidson from $55.00 to $60.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a "buy" rating on the auto parts company's stock. DA Davidson's target price would indicate a potential upside of 31.65% from the company's current price.
Other equities research analysts also recently issued research reports about the company. Weiss Ratings upgraded Douglas Dynamics from a "hold (c+)" rating to a "buy (b-)" rating in a report on Friday, February 27th. Freedom Capital downgraded Douglas Dynamics from a "strong-buy" rating to a "hold" rating in a report on Tuesday, March 3rd. Zacks Research downgraded Douglas Dynamics from a "strong-buy" rating to a "hold" rating in a report on Monday, April 27th. Wall Street Zen downgraded Douglas Dynamics from a "strong-buy" rating to a "buy" rating in a report on Saturday. Finally, Robert W. Baird set a $56.00 price target on Douglas Dynamics in a report on Wednesday. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $54.67.
Get Our Latest Research Report on Douglas Dynamics
Douglas Dynamics Stock Down 10.2%
Shares of NYSE PLOW traded down $5.17 during midday trading on Wednesday, hitting $45.58. 477,805 shares of the stock traded hands, compared to its average volume of 238,584. The company has a market cap of $1.05 billion, a PE ratio of 20.53, a P/E/G ratio of 1.19 and a beta of 1.24. Douglas Dynamics has a one year low of $25.46 and a one year high of $52.33. The business has a 50 day moving average price of $44.11 and a two-hundred day moving average price of $37.80. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.17 and a current ratio of 2.78.
Douglas Dynamics (NYSE:PLOW - Get Free Report) last released its quarterly earnings data on Monday, May 4th. The auto parts company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.12 by $0.24. Douglas Dynamics had a return on equity of 19.76% and a net margin of 7.83%.The firm had revenue of $137.80 million during the quarter, compared to the consensus estimate of $133.25 million. Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. On average, equities analysts predict that Douglas Dynamics will post 2.34 EPS for the current year.
Insider Buying and Selling at Douglas Dynamics
In other news, insider Jon J. Sisulak sold 977 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $42.61, for a total transaction of $41,629.97. Following the completion of the transaction, the insider owned 14,232 shares in the company, valued at approximately $606,425.52. This represents a 6.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Christopher E. Bernauer sold 869 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $42.61, for a total value of $37,028.09. Following the transaction, the insider owned 9,243 shares of the company's stock, valued at $393,844.23. The trade was a 8.59% decrease in their position. The SEC filing for this sale provides additional information. 1.54% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. CIBC Private Wealth Group LLC grew its stake in shares of Douglas Dynamics by 229.9% during the 3rd 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. State of Alaska Department of Revenue bought a new position in Douglas Dynamics in the 3rd quarter worth about $39,000. EverSource Wealth Advisors LLC boosted its stake in Douglas Dynamics by 85.4% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,266 shares of the auto parts company's stock worth $40,000 after purchasing an additional 583 shares during the period. Tower Research Capital LLC TRC boosted its stake in Douglas Dynamics by 136.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,257 shares of the auto parts company's stock worth $67,000 after purchasing an additional 1,303 shares during the period. Finally, Wealth Enhancement Advisory Services LLC bought a new position in Douglas Dynamics in the 3rd quarter worth about $69,000. Institutional investors own 91.85% of the company's stock.
Key Stories Impacting Douglas Dynamics
Here are the key news stories impacting Douglas Dynamics this week:
About Douglas Dynamics
(
Get Free Report)
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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