Douglas Dynamics (NYSE:PLOW - Get Free Report) was upgraded by analysts at Zacks Research from a "hold" rating to a "strong-buy" rating in a research report issued on Tuesday,Zacks.com reports.
A number of other research firms have also issued reports on PLOW. Weiss Ratings lowered shares of Douglas Dynamics from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, May 8th. DA Davidson raised their price target on shares of Douglas Dynamics from $55.00 to $60.00 and gave the stock a "buy" rating in a research report on Wednesday, May 6th. Loop Capital set a $48.00 price target on shares of Douglas Dynamics in a research report on Tuesday, March 3rd. Wall Street Zen upgraded shares of Douglas Dynamics from a "buy" rating to a "strong-buy" rating in a research report on Saturday, May 16th. Finally, Robert W. Baird set a $56.00 price target on shares of Douglas Dynamics in a research report on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Douglas Dynamics presently has a consensus rating of "Buy" and a consensus price target of $54.67.
Read Our Latest Research Report on Douglas Dynamics
Douglas Dynamics Stock Performance
NYSE:PLOW opened at $45.51 on Tuesday. Douglas Dynamics has a 1 year low of $27.03 and a 1 year high of $52.33. The firm's fifty day simple moving average is $44.26 and its 200 day simple moving average is $39.35. The company has a current ratio of 2.65, a quick ratio of 0.77 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $1.05 billion, a PE ratio of 20.50, a PEG ratio of 0.93 and a beta of 1.24.
Douglas Dynamics (NYSE:PLOW - Get Free Report) last posted its earnings results on Monday, May 4th. The auto parts company reported $0.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.24. Douglas Dynamics had a net margin of 7.83% and a return on equity of 19.72%. The business had revenue of $137.80 million for the quarter, compared to analyst estimates of $133.25 million. Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. On average, sell-side analysts anticipate that Douglas Dynamics will post 2.69 EPS for the current year.
Insider Buying and Selling at Douglas Dynamics
In other Douglas Dynamics news, insider Christopher E. Bernauer sold 869 shares of the firm's stock in a transaction on Monday, March 9th. The shares were sold at an average price of $42.61, for a total value of $37,028.09. Following the sale, the insider directly owned 9,243 shares in the company, valued at $393,844.23. This trade represents a 8.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Jon J. Sisulak sold 977 shares of the firm's 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 sale, the insider owned 14,232 shares in the company, valued at $606,425.52. This represents a 6.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 1.54% of the company's stock.
Hedge Funds Weigh In On Douglas Dynamics
Hedge funds and other institutional investors have recently made changes to their positions in the business. CIBC Private Wealth Group LLC lifted its holdings 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. EverSource Wealth Advisors LLC lifted its holdings in shares of Douglas Dynamics by 85.4% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,266 shares of the auto parts company's stock worth $40,000 after acquiring an additional 583 shares during the period. Tower Research Capital LLC TRC lifted its holdings in shares of Douglas Dynamics by 136.6% during the 2nd 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. Wealth Enhancement Advisory Services LLC bought a new position in shares of Douglas Dynamics during the 3rd quarter worth about $69,000. Finally, State of Wyoming lifted its holdings in shares of Douglas Dynamics by 20.0% during the 2nd quarter. State of Wyoming now owns 2,430 shares of the auto parts company's stock worth $72,000 after acquiring an additional 405 shares during the period. 91.85% of the stock is owned by institutional investors.
Douglas Dynamics Company Profile
(
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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