Douglas Dynamics (PLOW) Receiving Somewhat Favorable Media Coverage, Report Shows

News stories about Douglas Dynamics (NYSE:PLOW) have been trending somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Douglas Dynamics earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media stories about the auto parts company an impact score of 47.1943446493734 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

A number of analysts recently commented on the company. ValuEngine upgraded Douglas Dynamics from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. Zacks Investment Research upgraded Douglas Dynamics from a “hold” rating to a “buy” rating and set a $50.00 price objective for the company in a research report on Friday, May 11th. Robert W. Baird reiterated a “hold” rating and issued a $44.00 price objective on shares of Douglas Dynamics in a research report on Thursday, March 1st. Finally, Craig Hallum set a $50.00 price objective on Douglas Dynamics and gave the stock a “buy” rating in a research report on Wednesday, February 28th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $48.00.

Douglas Dynamics traded down $0.85, reaching $47.95, during midday trading on Thursday, according to Marketbeat Ratings. 100 shares of the company were exchanged, compared to its average volume of 57,576. The company has a current ratio of 3.83, a quick ratio of 1.40 and a debt-to-equity ratio of 1.09. Douglas Dynamics has a one year low of $30.23 and a one year high of $48.90. The stock has a market cap of $1.08 billion, a P/E ratio of 35.26, a price-to-earnings-growth ratio of 1.52 and a beta of 1.23.

Douglas Dynamics (NYSE:PLOW) last issued its earnings results on Monday, May 7th. The auto parts company reported ($0.03) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.12) by $0.09. Douglas Dynamics had a return on equity of 14.06% and a net margin of 11.66%. The firm had revenue of $84.00 million for the quarter, compared to analysts’ expectations of $75.90 million. During the same quarter last year, the business earned ($0.14) earnings per share. The company’s revenue was up 16.3% compared to the same quarter last year. equities analysts forecast that Douglas Dynamics will post 2.09 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, June 29th. Shareholders of record on Tuesday, June 19th will be issued a dividend of $0.265 per share. This represents a $1.06 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date of this dividend is Monday, June 18th. Douglas Dynamics’s dividend payout ratio (DPR) is currently 77.94%.

Douglas Dynamics Company Profile

Douglas Dynamics, Inc operates as a manufacturer and up-fitter of commercial work truck attachments and equipment primarily in North America. It operates in 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 and heavy duty trucks, as well as various related parts and accessories.

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

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