Headlines about Douglas Dynamics (NYSE:PLOW) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Douglas Dynamics earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave press coverage about the auto parts company an impact score of 46.1499147063221 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have effected Accern’s analysis:
- 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)
Douglas Dynamics (PLOW) opened at $46.85 on Tuesday. Douglas Dynamics has a twelve month low of $28.55 and a twelve month high of $47.40. The company has a current ratio of 2.45, a quick ratio of 1.47 and a debt-to-equity ratio of 1.07. The firm has a market capitalization of $1,045.96, a price-to-earnings ratio of 19.52, a PEG ratio of 1.55 and a beta of 1.15.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Thursday, March 22nd will be issued a dividend of $0.265 per share. This is an increase from Douglas Dynamics’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend is Wednesday, March 21st. This represents a $1.06 dividend on an annualized basis and a dividend yield of 2.26%. Douglas Dynamics’s payout ratio is currently 40.00%.
A number of equities analysts recently issued reports on the company. ValuEngine upgraded Douglas Dynamics from a “hold” rating to a “buy” rating in a report on Wednesday, March 7th. Zacks Investment Research upgraded Douglas Dynamics from a “hold” rating to a “buy” rating and set a $49.00 price target on the stock in a report on Saturday, March 3rd. Robert W. Baird reiterated a “hold” rating and set a $44.00 price target on shares of Douglas Dynamics in a report on Thursday, March 1st. Finally, Craig Hallum set a $50.00 price target on Douglas Dynamics and gave the company a “buy” rating in a report on Wednesday, February 28th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $47.67.
In related news, Chairman James L. Janik sold 18,085 shares of Douglas Dynamics stock in a transaction on Tuesday, March 6th. The stock was sold at an average price of $43.49, for a total transaction of $786,516.65. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO James L. Janik sold 21,080 shares of Douglas Dynamics stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $37.27, for a total value of $785,651.60. Following the sale, the chief executive officer now directly owns 297,790 shares of the company’s stock, valued at approximately $11,098,633.30. The disclosure for this sale can be found here. Insiders have sold 79,811 shares of company stock worth $3,197,494 in the last quarter. 3.20% of the stock is currently owned by corporate 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.
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