Media stories about Douglas Dynamics (NYSE:PLOW) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Douglas Dynamics earned a coverage optimism score of 0.22 on Accern’s scale. Accern also assigned media stories about the auto parts company an impact score of 46.1499147063221 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media stories that may have effected Accern Sentiment’s rankings:
- Douglas Dynamics (PLOW) Upgraded to Buy at ValuEngine (americanbankingnews.com)
- Chief Operating Officer of Douglas Dynamics, Inc (NYSE:PLOW), Mccormick Robert L, sells 8,494 shares worth $369,366 (empowerednews.net)
- Brokerages Expect Douglas Dynamics Inc (PLOW) Will Post Quarterly Sales of $75.17 Million (americanbankingnews.com)
- Douglas Dynamics Inc (PLOW) Insider Sells $32,226.09 in Stock (americanbankingnews.com)
- Douglas Dynamics Inc (PLOW) VP Sells $35,574.82 in Stock (americanbankingnews.com)
PLOW has been the subject of a number of analyst reports. ValuEngine cut Douglas Dynamics from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Zacks Investment Research cut Douglas Dynamics from a “hold” rating to a “sell” rating in a research report on Tuesday, November 14th. Craig Hallum set a $50.00 price target on Douglas Dynamics and gave the stock a “buy” rating in a research report on Wednesday, February 28th. Finally, Robert W. Baird reaffirmed a “hold” rating and issued a $44.00 price target on shares of Douglas Dynamics in a research report on Thursday, March 1st. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $47.67.
Douglas Dynamics (NYSE:PLOW) last announced its quarterly earnings results on Monday, February 26th. The auto parts company reported $0.50 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.50. Douglas Dynamics had a return on equity of 14.04% and a net margin of 11.66%. The company had revenue of $137.97 million during the quarter, compared to analysts’ expectations of $135.33 million. sell-side analysts expect that Douglas Dynamics will post 2 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Thursday, March 22nd will be given a dividend of $0.265 per share. This represents a $1.06 annualized dividend and a dividend yield of 2.26%. The ex-dividend date of this dividend is Wednesday, March 21st. This is a boost from Douglas Dynamics’s previous quarterly dividend of $0.24. Douglas Dynamics’s payout ratio is currently 40.00%.
In related news, insider Andrew Dejana sold 741 shares of the business’s stock in a transaction dated Tuesday, March 6th. The stock was sold at an average price of $43.49, for a total transaction of $32,226.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Robert L. Mccormick sold 15,000 shares of the business’s stock in a transaction dated Friday, January 5th. The stock was sold at an average price of $40.08, for a total value of $601,200.00. Following the transaction, the vice president now directly owns 116,263 shares of the company’s stock, valued at approximately $4,659,821.04. The disclosure for this sale can be found here. Insiders have sold a total of 79,811 shares of company stock valued at $3,197,494 in the last three months. 3.20% of the stock is owned by insiders.
Douglas Dynamics Company Profile
Douglas Dynamics, Inc is a manufacturer and up-fitter of commercial vehicle attachments and equipment. The Company’s portfolio includes snow and ice management attachments sold under the BLIZZARD, FISHER, HENDERSON, SNOWEX and WESTERN brands, turf care equipment under the TURFEX brand and industrial maintenance equipment under the SWEEPEX brand.
Receive News & Ratings for Douglas Dynamics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Douglas Dynamics and related companies with MarketBeat.com's FREE daily email newsletter.