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 recommendation of “Moderate Buy” from the five research firms that are covering the stock, Marketbeat.com reports. Two investment 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 12-month price objective among brokers that have issued a report on the stock in the last year is $51.67.

PLOW has been the topic of several research reports. Zacks Research upgraded Douglas Dynamics from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 2nd. Robert W. Baird decreased their target price on Douglas Dynamics from $56.00 to $50.00 and set a “neutral” rating for the company in a research report on Tuesday, August 4th. Weiss Ratings upgraded 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 research report on Tuesday, August 4th. Finally, Wall Street Zen cut Douglas Dynamics from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th.

Douglas Dynamics Price Performance

Shares of PLOW stock opened at $39.79 on Wednesday. The firm has a fifty day moving average of $41.94 and a two-hundred day moving average of $44.15. The firm has a market cap of $918.40 million, a P/E ratio of 18.09, a P/E/G ratio of 0.86 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 issued its earnings results on Monday, August 3rd. The auto parts company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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. As a group, research analysts anticipate that Douglas Dynamics will post 2.86 earnings per share for the current fiscal year.

Douglas Dynamics Dividend Announcement

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Tidal Investments LLC bought a new position in Douglas Dynamics in the second quarter worth about $220,000. Engineers Gate Manager LP boosted its stake in Douglas Dynamics by 91.0% in the second quarter. Engineers Gate Manager LP now owns 26,058 shares of the auto parts company’s stock valued at $1,406,000 after acquiring an additional 12,414 shares during the period. Integrated Wealth Concepts LLC bought a new position in shares of Douglas Dynamics during the second quarter valued at approximately $76,000. Squarepoint Ops LLC grew its holdings in shares of Douglas Dynamics by 6.9% during the second quarter. Squarepoint Ops LLC now owns 43,756 shares of the auto parts company’s stock valued at $2,361,000 after purchasing an additional 2,815 shares during the last quarter. Finally, Corient Private Wealth LP raised its position in shares of Douglas Dynamics by 114.9% during the 2nd quarter. Corient Private Wealth LP now owns 31,447 shares of the auto parts company’s stock worth $1,697,000 after purchasing an additional 16,813 shares during the period. 91.85% of the stock is owned by institutional investors and hedge funds.

About Douglas Dynamics

Douglas Dynamics, Inc is a Milwaukee, Wisconsin-based manufacturer of equipment and solutions for snow and ice management and commercial work trucks. The company serves contractors, municipalities, government agencies and other commercial customers that rely on specialized equipment to maintain roads, parking lots and other properties.

Its product portfolio includes snowplows, tailgate and hopper spreaders, liquid deicing systems, underbody scrapers and related truck-mounted attachments.