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

Douglas Dynamics, Inc. (NYSE:PLOW) has been given an average recommendation of “Moderate Buy” by the five analysts that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $51.67.

PLOW has been the topic of several recent analyst reports. Robert W. Baird dropped their target price on Douglas Dynamics from $56.00 to $50.00 and set a “neutral” rating on the stock in a report on Tuesday, August 4th. DA Davidson set a $57.00 target price on shares of 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 note on Saturday, August 8th. Zacks Research upgraded shares of Douglas Dynamics from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 2nd. Finally, Weiss Ratings raised Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 13th.

Douglas Dynamics Price Performance

Shares of PLOW stock opened at $39.99 on Friday. Douglas Dynamics has a 12 month low of $28.52 and a 12 month high of $55.00. The company has a market capitalization of $922.97 million, a PE ratio of 18.18, a price-to-earnings-growth ratio of 0.88 and a beta of 1.18. The firm’s 50-day moving average is $40.49 and its two-hundred day moving average is $43.92. 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 announced its earnings results 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. Douglas Dynamics had a net margin of 7.52% and a return on equity of 19.03%. The company had revenue of $214.65 million during the quarter, compared to analyst estimates of $219.45 million. Douglas Dynamics has set its FY 2026 guidance at 2.900-3.400 EPS. Analysts predict that Douglas Dynamics will post 2.86 earnings per share for the current year.

Douglas Dynamics Announces Dividend

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

Institutional Investors Weigh In On Douglas Dynamics

Several hedge funds have recently made changes to their positions in the business. Sterling Capital Management LLC boosted its holdings in Douglas Dynamics by 471.5% in the third quarter. Sterling Capital Management LLC now owns 743 shares of the auto parts company’s stock valued at $29,000 after acquiring an additional 613 shares during the last quarter. Nisa Investment Advisors LLC boosted its holdings in Douglas Dynamics by 48.9% in the 3rd quarter. Nisa Investment Advisors LLC now owns 3,559 shares of the auto parts company’s stock worth $140,000 after acquiring an additional 1,169 shares during the period. Counterpoint Mutual Funds LLC purchased a new position in shares of Douglas Dynamics in the third quarter valued at $591,000. Tidal Investments LLC purchased a new position in Douglas Dynamics in the 2nd quarter valued at about $220,000. Finally, Engineers Gate Manager LP boosted its holdings 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 purchasing an additional 12,414 shares during the last quarter. Institutional investors and hedge funds own 91.85% of the company’s stock.

About Douglas Dynamics

Douglas Dynamics, Inc is a manufacturer of equipment used for snow and ice management. The company’s products are designed for commercial, municipal and residential applications and include snowplows, spreaders, de-icing equipment and related attachments for light-, medium- and heavy-duty trucks.

Its portfolio includes products marketed under brands such as WESTERN, FISHER, BLIZZARD, SnowEx and Henderson. The company offers vehicle-mounted snow and ice control equipment, salt and material spreaders, liquid de-icing systems, truck bodies and other solutions intended to help contractors, municipalities and commercial operators clear roads, parking areas and other paved surfaces.

Founded in 1946, Douglas Dynamics is headquartered in Milwaukee, Wisconsin, and primarily serves customers in North America through equipment dealers, distributors and other commercial channels.