Douglas Dynamics, Inc. (NYSE:PLOW) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Douglas Dynamics, Inc. (NYSE:PLOW) have been assigned an average recommendation of “Moderate Buy” from the five ratings firms that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is $51.6667.

A number of research analysts have recently weighed in on PLOW shares. DA Davidson set a $57.00 price objective on shares of Douglas Dynamics in a research note 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. Freedom Capital raised shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Wall Street Zen cut shares of Douglas Dynamics from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Finally, Robert W. Baird cut their price target on Douglas Dynamics from $56.00 to $50.00 and set a “neutral” rating for the company in a report on Tuesday, August 4th.

Douglas Dynamics Stock Performance

NYSE PLOW opened at $42.16 on Friday. The business has a 50 day moving average price of $44.17 and a 200 day moving average price of $44.62. The company has a market capitalization of $973.05 million, a P/E ratio of 19.16, a PEG ratio of 0.90 and a beta of 1.19. Douglas Dynamics has a 1-year low of $28.52 and a 1-year high of $55.00. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.16 and a quick ratio of 1.03.

Douglas Dynamics (NYSE:PLOW) last released its quarterly earnings data on Monday, August 3rd. The auto parts company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.08 by $0.14. Douglas Dynamics had a net margin of 7.52% and a return on equity of 19.03%. The business had revenue of $214.65 million for the quarter, compared to analyst estimates of $219.45 million. Douglas Dynamics has set its FY 2026 guidance at 2.900-3.400 EPS. Sell-side analysts expect that Douglas Dynamics will post 2.86 EPS for the current fiscal year.

Douglas Dynamics Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.295 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.18 dividend on an annualized basis and a yield of 2.8%. Douglas Dynamics’s dividend payout ratio (DPR) is currently 53.64%.

Institutional Investors Weigh In On Douglas Dynamics

A number of institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of Douglas Dynamics in the second quarter worth $109,009,000. Vanguard Group Inc. grew its stake in shares of Douglas Dynamics by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 1,478,522 shares of the auto parts company’s stock valued at $48,274,000 after buying an additional 5,465 shares in the last quarter. California State Teachers Retirement System grew its stake in shares of Douglas Dynamics by 6,464.3% in the second quarter. California State Teachers Retirement System now owns 1,387,432 shares of the auto parts company’s stock valued at $74,852,000 after buying an additional 1,366,296 shares in the last quarter. Pzena Investment Management LLC purchased a new stake in shares of Douglas Dynamics during the 2nd quarter valued at about $74,703,000. Finally, Punch & Associates Investment Management Inc. purchased a new stake in shares of Douglas Dynamics during the 2nd quarter valued at about $35,570,000. Hedge funds and other institutional investors own 91.85% of the company’s stock.

About Douglas Dynamics

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.