Douglas Dynamics (NYSE:PLOW) Posts Earnings Results

Douglas Dynamics (NYSE:PLOW - Get Free Report) issued its earnings results on Monday. The auto parts company reported $0.35 earnings per share for the quarter, missing analysts' consensus estimates of $0.37 by ($0.02), Zacks reports. Douglas Dynamics had a net margin of 9.89% and a return on equity of 12.68%. The business had revenue of $143.55 million during the quarter, compared to analyst estimates of $155.23 million. Douglas Dynamics updated its FY 2025 guidance to 1.300-2.100 EPS.

Douglas Dynamics Trading Down 1.6 %

NYSE PLOW traded down $0.45 during trading hours on Friday, reaching $26.86. The company's stock had a trading volume of 101,247 shares, compared to its average volume of 160,171. Douglas Dynamics has a 52 week low of $21.31 and a 52 week high of $30.98. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.14 and a quick ratio of 1.13. The stock has a market cap of $620.30 million, a P/E ratio of 11.68, a P/E/G ratio of 1.14 and a beta of 1.21. The firm has a fifty day simple moving average of $25.00 and a 200-day simple moving average of $25.85.

Douglas Dynamics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 18th will be paid a dividend of $0.295 per share. This represents a $1.18 dividend on an annualized basis and a dividend yield of 4.39%. The ex-dividend date of this dividend is Tuesday, March 18th. Douglas Dynamics's payout ratio is 50.43%.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. DA Davidson reissued a "buy" rating and set a $32.00 target price on shares of Douglas Dynamics in a research note on Tuesday. StockNews.com raised Douglas Dynamics from a "hold" rating to a "buy" rating in a research note on Wednesday.

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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.