Sidoti Decreases Earnings Estimates for Douglas Dynamics

Key Points

• Sidoti cut its Q1 2027 EPS forecast for Douglas Dynamics to $0.18 from $0.23. It also estimates $1.14 EPS for Q2 and $0.64 for Q4 2027; the full-year consensus is $2.83 per share.
• In its latest quarter, Douglas Dynamics reported EPS of $0.98, beating the $0.92 consensus, while revenue of $218.01 million came in slightly below the $218.60 million estimate.
• Analyst sentiment is moderately positive, with MarketBeat reporting an average “Moderate Buy” rating and a $51.67 average price target. The company pays an annualized dividend of $1.18 per share, a yield of about 3.2%.

Douglas Dynamics, Inc. (NYSE:PLOW - Free Report) - Equities research analysts at Sidoti cut their Q1 2027 EPS estimates for shares of Douglas Dynamics in a report released on Tuesday, November 3rd. Sidoti analyst G. Burns now forecasts that the auto parts company will post earnings of $0.18 per share for the quarter, down from their previous estimate of $0.23. The consensus estimate for Douglas Dynamics' current full-year earnings is $2.83 per share. Sidoti also issued estimates for Douglas Dynamics' Q2 2027 earnings at $1.14 EPS and Q4 2027 earnings at $0.64 EPS.

Several other analysts have also issued reports on the stock. Zacks Research upgraded shares of Douglas Dynamics from a "strong sell" rating to a "hold" rating in a report on Wednesday, September 2nd. DA Davidson set a $57.00 target price on shares of Douglas Dynamics in a research note on Tuesday, August 4th. Robert W. Baird dropped their price target on shares of Douglas Dynamics from $56.00 to $50.00 and set a "neutral" rating for the company in a research report on Tuesday, August 4th. Weiss Ratings raised shares of Douglas Dynamics from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, August 13th. Finally, Wall Street Zen upgraded shares of Douglas Dynamics from a "hold" rating to a "buy" rating in a report on Saturday. 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 MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $51.67.

Douglas Dynamics Stock Performance

NYSE PLOW opened at $36.31 on Monday. The stock has a fifty day simple moving average of $39.82 and a 200-day simple moving average of $42.99. The company has a current ratio of 1.97, a quick ratio of 1.13 and a debt-to-equity ratio of 0.41. The stock has a market cap of $838.13 million, a PE ratio of 13.16, a P/E/G ratio of 0.80 and a beta of 1.14. Douglas Dynamics has a twelve month low of $29.41 and a twelve month high of $55.00.

Douglas Dynamics (NYSE:PLOW - Get Free Report) last issued its quarterly earnings data on Monday, November 2nd. The auto parts company reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.06. The company had revenue of $218.01 million during the quarter, compared to analyst estimates of $218.60 million. Douglas Dynamics had a return on equity of 22.97% and a net margin of 8.71%.

Hedge Funds Weigh In On Douglas Dynamics

Hedge funds have recently bought and sold shares of the company. Lakewood Asset Management LLC grew its position in Douglas Dynamics by 8.8% in the 3rd quarter. Lakewood Asset Management LLC now owns 5,861 shares of the auto parts company's stock valued at $230,000 after acquiring an additional 474 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in Douglas Dynamics during the second quarter worth about $27,000. Swiss National Bank lifted its position in shares of Douglas Dynamics by 1.3% during the first quarter. Swiss National Bank now owns 45,600 shares of the auto parts company's stock worth $1,919,000 after purchasing an additional 600 shares in the last quarter. Sterling Capital Management LLC lifted its position in shares of Douglas Dynamics by 471.5% during the third quarter. Sterling Capital Management LLC now owns 743 shares of the auto parts company's stock worth $29,000 after purchasing an additional 613 shares in the last quarter. Finally, Provident Investment Management Inc. boosted its stake in shares of Douglas Dynamics by 2.9% in the third quarter. Provident Investment Management Inc. now owns 25,135 shares of the auto parts company's stock valued at $987,000 after purchasing an additional 700 shares during the period. Institutional investors and hedge funds own 91.85% of the company's stock.

Douglas Dynamics Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were issued a $0.2950 dividend. This represents a $1.18 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Tuesday, September 15th. Douglas Dynamics's payout ratio is currently 42.75%.

About Douglas Dynamics

Douglas Dynamics, Inc is a manufacturer of equipment used for snow and ice management. The company's products are designed for commercial, municipal and residential applications and include snowplows, spreaders, de-icing equipment and related attachments for light-, medium- and heavy-duty trucks.

Its portfolio includes products marketed under brands such as WESTERN, FISHER, BLIZZARD, SnowEx and Henderson. The company offers vehicle-mounted snow and ice control equipment, salt and material spreaders, liquid de-icing systems, truck bodies and other solutions intended to help contractors, municipalities and commercial operators clear roads, parking areas and other paved surfaces.

Founded in 1946, Douglas Dynamics is headquartered in Milwaukee, Wisconsin, and primarily serves customers in North America through equipment dealers, distributors and other commercial channels.

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