Douglas Dynamics (NYSE:PLOW) Stock Rating Lowered by Zacks Research

Douglas Dynamics (NYSE:PLOW) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

Several other equities analysts have also weighed in on the company. Loop Capital set a $48.00 target price on Douglas Dynamics in a report on Tuesday, March 3rd. Wall Street Zen upgraded Douglas Dynamics from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 28th. Robert W. Baird set a $50.00 target price on Douglas Dynamics in a report on Wednesday, February 25th. Freedom Capital lowered Douglas Dynamics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. Finally, Weiss Ratings upgraded Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 27th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $48.67.

Douglas Dynamics Price Performance

NYSE PLOW opened at $45.27 on Monday. Douglas Dynamics has a fifty-two week low of $23.50 and a fifty-two week high of $48.47. The stock’s 50-day moving average is $43.82 and its two-hundred day moving average is $37.46. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.78 and a quick ratio of 1.17. The firm has a market cap of $1.04 billion, a P/E ratio of 22.98, a price-to-earnings-growth ratio of 1.21 and a beta of 1.23.

Douglas Dynamics (NYSE:PLOW) last posted its earnings results on Monday, February 23rd. The auto parts company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.06. Douglas Dynamics had a return on equity of 17.83% and a net margin of 7.15%.The company had revenue of $184.54 million for the quarter, compared to analyst estimates of $169.95 million. Douglas Dynamics has set its FY 2026 guidance at 2.250-2.850 EPS. On average, analysts anticipate that Douglas Dynamics will post 2.34 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Jon J. Sisulak sold 977 shares of the business’s 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 transaction, the insider directly owned 14,232 shares in the company, valued at $606,425.52. The trade was a 6.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Christopher E. Bernauer sold 869 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were 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 in the company, valued at $393,844.23. This represents a 8.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.54% of the company’s stock.

Institutional Investors Weigh In On Douglas Dynamics

A number of institutional investors have recently added to or reduced their stakes in PLOW. CIBC Private Wealth Group LLC boosted its holdings in Douglas Dynamics by 229.9% during the third quarter. CIBC Private Wealth Group LLC now owns 1,204 shares of the auto parts company’s stock valued at $38,000 after purchasing an additional 839 shares in the last quarter. State of Alaska Department of Revenue acquired a new stake in Douglas Dynamics during the third quarter valued at approximately $39,000. EverSource Wealth Advisors LLC boosted its holdings in Douglas Dynamics by 85.4% during the third quarter. EverSource Wealth Advisors LLC now owns 1,266 shares of the auto parts company’s stock valued at $40,000 after purchasing an additional 583 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in Douglas Dynamics by 136.6% during the second quarter. Tower Research Capital LLC TRC now owns 2,257 shares of the auto parts company’s stock valued at $67,000 after purchasing an additional 1,303 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in Douglas Dynamics during the third quarter valued at approximately $69,000. 91.85% of the stock is owned by institutional investors and hedge funds.

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.