Douglas Dynamics (NYSE:PLOW) Issues FY25 Earnings Guidance

Douglas Dynamics (NYSE:PLOW) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $1.30-2.10 for the period, compared to the consensus estimate of $1.78. The company issued revenue guidance of $610-650 million, compared to the consensus revenue estimate of $624.95 million.

Douglas Dynamics Trading Up 0.5 %

Shares of PLOW traded up $0.14 during trading hours on Wednesday, hitting $27.05. 72,168 shares of the stock traded hands, compared to its average volume of 155,847. The firm has a market capitalization of $624.72 million, a PE ratio of 11.76, a price-to-earnings-growth ratio of 1.14 and a beta of 1.21. Douglas Dynamics has a 1-year low of $21.31 and a 1-year high of $30.98. The company has a current ratio of 2.14, a quick ratio of 1.13 and a debt-to-equity ratio of 0.56. The business has a fifty day moving average of $24.87 and a 200-day moving average of $25.83.

Douglas Dynamics Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were given a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a dividend yield of 4.36%. The ex-dividend date of this dividend was Monday, December 16th. Douglas Dynamics’s dividend payout ratio is 51.30%.

Analysts Set New Price Targets

A number of brokerages have issued reports on PLOW. StockNews.com cut shares of Douglas Dynamics from a “buy” rating to a “hold” rating in a research note on Thursday, January 23rd. Robert W. Baird reduced their price target on Douglas Dynamics from $30.00 to $26.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 30th. Finally, DA Davidson reiterated a “buy” rating and issued a $32.00 price objective on shares of Douglas Dynamics in a report on Tuesday.

About Douglas Dynamics

Douglas Dynamics, Inc operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America. It operates through two segments, Work Truck Attachments and Work Truck Solutions. The Work Truck Attachments segment manufactures and sells snow and ice control attachments, including snowplows, and sand and salt spreaders for light trucks and heavy duty trucks, as well as various related parts and accessories.