Douglas Dynamics (PLOW) Stock Price, News & Analysis

Company Overview

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. The Work Truck Solutions segment primarily manufactures municipal snow and ice control products; provides truck and vehicle upfits where it attaches component pieces of equipment, truck bodies, racking, and storage solutions to a vehicle chassis for use by end users for work related purposes; and manufactures storage solutions for trucks and vans, and cable pulling equipment for trucks. This segment also offers up-fit and storage solutions. It also provides customized turnkey solutions to governmental agencies, such as Departments of Transportation and municipalities. The company sells its products under the FISHER, SNOWEX, WESTERN, TURFEX, SWEEPEX, HENDERSON, BRINEXTREME, and DEJANA brands. It distributes its products primarily to professional snowplowers who are contracted to remove snow and ice from commercial and residential areas. The company was founded in 1948 and is headquartered in Milwaukee, Wisconsin.

Key Stats

• Today's Range: $23.69 to $24.43
• 50-Day Range: $22.66 to $27.48
• 52-Week Range: $21.31 to $30.98
• Volume: 353,684 shs
• Average Volume: 210,819 shs
• Market Capitalization: $551.95 million
• P/E Ratio: 10.39
• Dividend Yield: 4.94%
• Price Target: $28.50
• Consensus Rating: Moderate Buy

Douglas Dynamics Stock Analysis - MarketRank™

Douglas Dynamics scored higher than 86% of companies evaluated by MarketBeat, and ranked 17th out of 90 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Douglas Dynamics has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Douglas Dynamics has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 26.15%

Earnings Growth

Earnings for Douglas Dynamics are expected to grow by 26.15% in the coming year, from $1.30 to $1.64 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Douglas Dynamics is 10.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.36.

Price to Earnings Ratio vs. Sector

The P/E ratio of Douglas Dynamics is 10.39, which means that it is trading at a less expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 11.32.

Price to Earnings Growth Ratio

Douglas Dynamics has a PEG Ratio of 1.40. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Douglas Dynamics has a P/B Ratio of 2.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.82% of the float of Douglas Dynamics has been sold short.

Short Interest Ratio / Days to Cover

Douglas Dynamics has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Douglas Dynamics has recently increased by 2.38%, indicating that investor sentiment is decreasing.

Dividend

• Score: 5.0 / 5
• Dividend Strength: Strong

Dividend Leadership

Douglas Dynamics is a leading dividend payer. It pays a dividend yield of 4.70%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Douglas Dynamics has been increasing its dividend for 14 years.

Dividend Coverage

The dividend payout ratio of Douglas Dynamics is 51.30%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Douglas Dynamics will have a dividend payout ratio of 71.95% next year. This indicates that Douglas Dynamics will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -7.63

Percentage of Shares Shorted

1.82% of the float of Douglas Dynamics has been sold short.

Short Interest Ratio / Days to Cover

Douglas Dynamics has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Douglas Dynamics has recently increased by 2.38%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: 0.04

News Sentiment

Douglas Dynamics has a news sentiment score of 0.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Douglas Dynamics this week, compared to 7 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Douglas Dynamics insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.50% of the stock of Douglas Dynamics is held by insiders.

Percentage Held by Institutions

91.85% of the stock of Douglas Dynamics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PLOW Stock Analysis - Frequently Asked Questions

How have PLOW shares performed this year?

Douglas Dynamics' stock was trading at $29.68 on January 1st, 2024. Since then, PLOW stock has decreased by 19.5% and is now trading at $23.90.
View the best growth stocks for 2024 here.

How were Douglas Dynamics' earnings last quarter?

Douglas Dynamics, Inc. (NYSE:PLOW) posted its quarterly earnings data on Monday, July, 29th. The auto parts company reported $1.03 earnings per share for the quarter, beating analysts' consensus estimates of $0.55 by $0.48. The auto parts company earned $199.90 million during the quarter, compared to analyst estimates of $181.30 million. Douglas Dynamics had a net margin of 9.89% and a trailing twelve-month return on equity of 12.68%.

Who are Douglas Dynamics' major shareholders?

Douglas Dynamics' top institutional investors include Allspring Global Investments Holdings LLC (10.48%), Pzena Investment Management LLC (7.04%), DF Dent & Co. Inc. (3.71%) and State Street Corp (2.31%). Insiders that own company stock include James L Janik, Robert L Mccormick, Sarah C Lauber, Genderen Mark Van, Keith Hagelin and Linda R Evans.
View institutional ownership trends.

How do I buy shares of Douglas Dynamics?

Shares of PLOW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Douglas Dynamics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Douglas Dynamics investors own include Xtrackers California Municipal Bond ETF (CA), Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), Chipotle Mexican Grill (CMG) and Netflix (NFLX).

Company Calendar

• Last Earnings: 7/29/2024
• Ex-Dividend for 9/30 Dividend: 9/16/2024
• Dividend Payable: 9/30/2024
• Ex-Dividend for 12/31 Dividend: 12/16/2024
• Today: 12/21/2024
• Dividend Payable: 12/31/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Auto/Tires/Trucks
• Industry: Construction machinery
• Sub-Industry: Construction & Farm Machinery & Heavy Trucks
• Current Symbol: NYSE:PLOW
• CUSIP: 25960R10
• CIK: 1287213
• Web: www.douglasdynamics.com
• Phone: (414) 354-2310
• Fax: 414-354-2310
• Employees: 1,804
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $28.50
• High Stock Price Target: $31.00
• Low Stock Price Target: $26.00
• Potential Upside/Downside: +19.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.30
• Trailing P/E Ratio: 10.39
• Forward P/E Ratio: 18.38
• P/E Growth: 1.4
• Net Income: $23.72 million
• Net Margins: 9.89%
• Pretax Margin: 12.90%
• Return on Equity: 12.68%
• Return on Assets: 4.89%

Debt

• Debt-to-Equity Ratio: 0.56
• Current Ratio: 2.14
• Quick Ratio: 1.13

Sales & Book Value

• Annual Sales: $559.20 million
• Price / Sales: 0.99
• Cash Flow: $1.87 per share
• Price / Cash Flow: 12.78
• Book Value: $10.07 per share
• Price / Book: 2.37

Miscellaneous

• Outstanding Shares: 23,094,000
• Free Float: 22,517,000
• Market Cap: $551.95 million
• Optionable: Optionable
• Beta: 1.20