Douglas Dynamics (PLOW) Earning Somewhat Favorable Press Coverage, Report Finds

News coverage about Douglas Dynamics (NYSE:PLOW) has trended somewhat positive on Friday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Douglas Dynamics earned a news impact score of 0.06 on Accern’s scale. Accern also gave media headlines about the auto parts company an impact score of 47.8197819662007 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

A number of brokerages have recently weighed in on PLOW. Zacks Investment Research raised shares of Douglas Dynamics from a “sell” rating to a “hold” rating in a report on Wednesday. BidaskClub raised shares of Douglas Dynamics from a “hold” rating to a “buy” rating in a report on Tuesday, September 26th. Finally, ValuEngine downgraded shares of Douglas Dynamics from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Douglas Dynamics presently has an average rating of “Buy” and an average target price of $40.00.

Douglas Dynamics (NYSE:PLOW) opened at $41.15 on Friday. The stock has a market cap of $929.62, a P/E ratio of 30.48, a P/E/G ratio of 1.55 and a beta of 1.12. Douglas Dynamics has a 12-month low of $28.55 and a 12-month high of $42.60. The company has a current ratio of 2.97, a quick ratio of 1.76 and a debt-to-equity ratio of 1.35.

Douglas Dynamics (NYSE:PLOW) last released its quarterly earnings data on Monday, November 6th. The auto parts company reported $0.40 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.45 by ($0.05). The company had revenue of $125.30 million for the quarter, compared to analyst estimates of $133.53 million. Douglas Dynamics had a return on equity of 13.98% and a net margin of 6.59%. Douglas Dynamics’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.32 earnings per share. analysts anticipate that Douglas Dynamics will post 1.41 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Tuesday, December 19th were given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 2.33%. The ex-dividend date was Monday, December 18th. Douglas Dynamics’s dividend payout ratio is 71.11%.

In other Douglas Dynamics news, VP Robert L. Mccormick sold 15,000 shares of the company’s stock in a transaction that occurred on Friday, January 5th. The shares were sold at an average price of $40.08, for a total value of $601,200.00. Following the completion of the transaction, the vice president now directly owns 116,263 shares in the company, valued at approximately $4,659,821.04. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Chairman James L. Janik sold 15,593 shares of the company’s stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $37.64, for a total transaction of $586,920.52. Following the completion of the transaction, the chairman now owns 261,892 shares of the company’s stock, valued at $9,857,614.88. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 76,673 shares of company stock valued at $2,910,522. 3.20% of the stock is owned by corporate insiders.

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About Douglas Dynamics

Douglas Dynamics, Inc is a manufacturer and up-fitter of commercial vehicle attachments and equipment. The Company’s portfolio includes snow and ice management attachments sold under the BLIZZARD, FISHER, HENDERSON, SNOWEX and WESTERN brands, turf care equipment under the TURFEX brand and industrial maintenance equipment under the SWEEPEX brand.

Insider Buying and Selling by Quarter for Douglas Dynamics (NYSE:PLOW)

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