NYSE:PLOWDouglas Dynamics Stock Price, Forecast & News

Douglas Dynamics' stock was trading at $37.78 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PLOW shares have decreased by 8.7% and is now trading at $34.50. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Douglas Dynamics in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Douglas Dynamics.

Douglas Dynamics is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Douglas Dynamics.

Douglas Dynamics Inc (NYSE:PLOW) posted its quarterly earnings results on Monday, May, 4th. The auto parts company reported ($0.34) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.09) by $0.25. The auto parts company had revenue of $68.19 million for the quarter, compared to the consensus estimate of $81.93 million. Douglas Dynamics had a net margin of 7.20% and a return on equity of 15.16%. The business's revenue was down 26.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.01 earnings per share. View Douglas Dynamics' earnings history.

Douglas Dynamics announced a quarterly dividend on Thursday, June 4th. Stockholders of record on Friday, June 19th will be given a dividend of $0.28 per share on Tuesday, June 30th. This represents a $1.12 annualized dividend and a yield of 3.25%. The ex-dividend date of this dividend is Thursday, June 18th. View Douglas Dynamics' dividend history.

3 brokers have issued 1 year target prices for Douglas Dynamics' stock. Their forecasts range from $35.00 to $44.00. On average, they anticipate Douglas Dynamics' share price to reach $39.67 in the next twelve months. This suggests a possible upside of 15.0% from the stock's current price. View analysts' price targets for Douglas Dynamics.

Headlines about PLOW stock have trended negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Douglas Dynamics earned a news sentiment score of -2.2 on InfoTrie's scale. They also gave news stories about the auto parts company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the next few days. View the latest news about Douglas Dynamics.

Douglas Dynamics saw a increase in short interest in June. As of June 15th, there was short interest totaling 261,100 shares, an increase of 9.6% from the May 31st total of 238,200 shares. Based on an average trading volume of 164,500 shares, the short-interest ratio is currently 1.6 days. Approximately 1.2% of the shares of the company are sold short. View Douglas Dynamics' Current Options Chain.

Some companies that are related to Douglas Dynamics include Caterpillar (CAT), Deere & Company (DE), PACCAR (PCAR), Cummins (CMI), Westinghouse Air Brake Technologies (WAB), Toro (TTC), Oshkosh (OSK), AGCO (AGCO), Navistar International (NAV), Trinity Industries (TRN), Federal Signal (FSS), Meritor (MTOR), Terex (TEX), Alamo Group (ALG) and Astec Industries (ASTE). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Douglas Dynamics investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Transocean (RIG), Micron Technology (MU) and Express (EXPR).

Douglas Dynamics trades on the New York Stock Exchange (NYSE) under the ticker symbol "PLOW."

Shares of PLOW can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PLOW stock can currently be purchased for approximately $34.50.

Douglas Dynamics has a market capitalization of $788.67 million and generates $571.71 million in revenue each year. The auto parts company earns $49.17 million in net income (profit) each year or $2.31 on an earnings per share basis. Douglas Dynamics employs 1,677 workers across the globe.

The official website for Douglas Dynamics is www.douglasdynamics.com.

Douglas Dynamics' mailing address is 7777 NORTH 73RD ST, MILWAUKEE WI, 53233. The auto parts company can be reached via phone at 414-362-3940 or via email at [email protected]