Douglas Dynamics, Inc. (NYSE:PLOW) Stock Has Consensus Target Price of $51.67 According to Brokerages

Shares of Douglas Dynamics, Inc. (NYSE:PLOW) have earned a consensus rating of “Moderate Buy” from the five ratings firms that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $51.67.

Several brokerages have recently commented on PLOW. Zacks Research raised Douglas Dynamics from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 2nd. Weiss Ratings raised Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 13th. DA Davidson set a $57.00 price target on Douglas Dynamics in a report on Tuesday, August 4th. Wall Street Zen downgraded Douglas Dynamics from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Robert W. Baird reduced their price objective on Douglas Dynamics from $56.00 to $50.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 4th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE bought a new stake in Douglas Dynamics during the 2nd quarter worth about $11,027,000. Globeflex Capital L P bought a new position in shares of Douglas Dynamics in the second quarter worth about $4,672,000. Ranger Investment Management L.P. bought a new position in shares of Douglas Dynamics in the second quarter worth about $5,914,000. Icon Advisers Inc. Co. bought a new position in shares of Douglas Dynamics in the first quarter worth about $8,717,000. Finally, Deutsche Bank AG acquired a new position in shares of Douglas Dynamics during the second quarter worth approximately $1,325,000. Institutional investors and hedge funds own 91.85% of the company’s stock.

Douglas Dynamics Trading Down 0.4%

Shares of PLOW stock opened at $39.49 on Friday. The company has a market capitalization of $911.50 million, a P/E ratio of 17.95, a P/E/G ratio of 0.86 and a beta of 1.18. Douglas Dynamics has a 12-month low of $28.52 and a 12-month high of $55.00. The company has a quick ratio of 1.03, a current ratio of 2.16 and a debt-to-equity ratio of 0.44. The firm has a 50-day moving average price of $40.69 and a 200 day moving average price of $43.97.

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

Douglas Dynamics Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were issued a $0.2950 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Tuesday, September 15th. Douglas Dynamics’s payout ratio is currently 53.64%.

Douglas Dynamics Company Profile

Douglas Dynamics, Inc is a manufacturer of equipment and vehicle solutions used in snow and ice management, commercial work-truck applications, and related industrial markets. The company designs, manufactures, and distributes snowplows, snow and ice control spreaders, and other vehicle-mounted attachments for municipalities, contractors, commercial property owners, and fleet operators.

Its portfolio includes recognized snow and ice management brands such as WESTERN, FISHER, Blizzard, and SnowEx.