Zacks Research Upgrades Douglas Dynamics (NYSE:PLOW) to Strong-Buy

Douglas Dynamics (NYSE:PLOW) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Other analysts have also recently issued research reports about the stock. Weiss Ratings cut shares of Douglas Dynamics from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 8th. DA Davidson upped their price objective on shares of Douglas Dynamics from $55.00 to $60.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Freedom Capital upgraded shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Robert W. Baird set a $56.00 price objective on shares of Douglas Dynamics in a research report on Wednesday, May 6th. Finally, Loop Capital set a $48.00 target price on Douglas Dynamics in a report on Tuesday, March 3rd. 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. Based on data from MarketBeat.com, Douglas Dynamics currently has a consensus rating of “Buy” and a consensus target price of $54.67.

Douglas Dynamics Stock Performance

PLOW stock opened at $45.51 on Tuesday. The business’s fifty day moving average is $44.26 and its 200-day moving average is $39.35. The company has a quick ratio of 0.77, a current ratio of 2.65 and a debt-to-equity ratio of 0.48. The company has a market cap of $1.05 billion, a P/E ratio of 20.50, a price-to-earnings-growth ratio of 0.93 and a beta of 1.24. Douglas Dynamics has a twelve month low of $27.03 and a twelve month high of $52.33.

Douglas Dynamics (NYSE:PLOW) last released its quarterly earnings data on Monday, May 4th. The auto parts company reported $0.36 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 during the quarter, compared to analysts’ expectations of $133.25 million. Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. Equities research analysts forecast that Douglas Dynamics will post 2.69 EPS for the current year.

Insider Transactions at Douglas Dynamics

In other Douglas Dynamics news, insider Jon J. Sisulak sold 977 shares of the stock in a transaction dated 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 transaction, the insider owned 14,232 shares in the company, valued at approximately $606,425.52. This represents a 6.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Christopher E. Bernauer sold 869 shares of the stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $42.61, for a total value of $37,028.09. Following the transaction, the insider owned 9,243 shares of the company’s stock, valued at approximately $393,844.23. This trade represents a 8.59% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.54% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Douglas Dynamics

Large investors have recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC grew its holdings in shares of Douglas Dynamics by 229.9% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,204 shares of the auto parts company’s stock valued at $38,000 after acquiring an additional 839 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Douglas Dynamics by 85.4% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,266 shares of the auto parts company’s stock valued at $40,000 after acquiring an additional 583 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of Douglas Dynamics by 136.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,257 shares of the auto parts company’s stock valued at $67,000 after acquiring an additional 1,303 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in shares of Douglas Dynamics in the 3rd quarter valued at about $69,000. Finally, State of Wyoming grew its holdings in shares of Douglas Dynamics by 20.0% in the 2nd quarter. State of Wyoming now owns 2,430 shares of the auto parts company’s stock valued at $72,000 after acquiring an additional 405 shares in the last quarter. Institutional investors own 91.85% of the company’s stock.

Douglas Dynamics Company Profile

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.