Douglas Dynamics (NYSE:PLOW) Issues Earnings Results

Douglas Dynamics (NYSE:PLOW - Get Free Report) posted its earnings results on Monday. The auto parts company reported $0.09 EPS for the quarter, topping the consensus estimate of ($0.16) by $0.25, Briefing.com reports. The firm had revenue of $115.07 million for the quarter, compared to analysts' expectations of $107.80 million. Douglas Dynamics had a net margin of 9.89% and a return on equity of 12.68%. The company's quarterly revenue was up 20.3% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.29) EPS. Douglas Dynamics updated its FY 2025 guidance to 1.300-2.100 EPS.

Douglas Dynamics Stock Performance

NYSE PLOW traded up $0.15 during trading on Friday, hitting $26.90. 223,437 shares of the company's stock traded hands, compared to its average volume of 188,212. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.13 and a current ratio of 2.14. The stock has a market capitalization of $621.34 million, a price-to-earnings ratio of 11.70, a PEG ratio of 1.14 and a beta of 1.25. Douglas Dynamics has a 12-month low of $21.30 and a 12-month high of $30.98. The business has a 50 day moving average of $23.92 and a 200-day moving average of $24.68.

Douglas Dynamics Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Tuesday, March 18th were paid a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a yield of 4.39%. The ex-dividend date was Tuesday, March 18th. Douglas Dynamics's dividend payout ratio is currently 50.43%.

Analysts Set New Price Targets

A number of brokerages have issued reports on PLOW. StockNews.com upgraded Douglas Dynamics from a "hold" rating to a "buy" rating in a research note on Wednesday, February 26th. DA Davidson restated a "buy" rating and set a $32.00 price target on shares of Douglas Dynamics in a research note on Tuesday, February 25th.

About Douglas Dynamics

Douglas Dynamics, Inc operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America. It operates through two segments, Work Truck Attachments and Work Truck Solutions. The Work Truck Attachments segment manufactures and sells snow and ice control attachments, including snowplows, and sand and salt spreaders for light trucks and heavy duty trucks, as well as various related parts and accessories.