Media headlines about Douglas Dynamics (NYSE:PLOW) have trended somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Douglas Dynamics earned a news sentiment score of 0.20 on Accern’s scale. Accern also gave news coverage about the auto parts company an impact score of 45.5480765183008 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of NYSE PLOW opened at $45.50 on Thursday. Douglas Dynamics has a fifty-two week low of $28.55 and a fifty-two week high of $47.40. The company has a debt-to-equity ratio of 1.07, a current ratio of 2.45 and a quick ratio of 1.47. The firm has a market capitalization of $1,013.20, a PE ratio of 32.04, a P/E/G ratio of 1.50 and a beta of 1.19.
Douglas Dynamics (NYSE:PLOW) last posted its quarterly earnings data on Monday, February 26th. The auto parts company reported $0.50 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.50. Douglas Dynamics had a return on equity of 14.04% and a net margin of 11.66%. The firm had revenue of $137.97 million during the quarter, compared to analysts’ expectations of $135.33 million. equities research analysts predict that Douglas Dynamics will post 2 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, March 30th. Stockholders of record on Thursday, March 22nd were paid a $0.265 dividend. This represents a $1.06 dividend on an annualized basis and a dividend yield of 2.33%. The ex-dividend date was Wednesday, March 21st. This is a positive change from Douglas Dynamics’s previous quarterly dividend of $0.24. Douglas Dynamics’s payout ratio is 77.94%.
Several research firms recently commented on PLOW. ValuEngine raised Douglas Dynamics from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Zacks Investment Research raised Douglas Dynamics from a “hold” rating to a “buy” rating and set a $49.00 price objective for the company in a research note on Saturday, March 3rd. Robert W. Baird restated a “hold” rating and issued a $44.00 target price on shares of Douglas Dynamics in a report on Thursday, March 1st. Finally, Craig Hallum set a $50.00 target price 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 given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $47.67.
In other Douglas Dynamics news, VP Robert J. Young sold 818 shares of the company’s stock in a transaction that occurred on Tuesday, March 6th. The stock was sold at an average price of $43.49, for a total transaction of $35,574.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman James L. Janik sold 18,085 shares of the company’s stock in a transaction that occurred on Tuesday, March 6th. The stock was sold at an average price of $43.49, for a total value of $786,516.65. The disclosure for this sale can be found here. In the last three months, insiders sold 28,138 shares of company stock valued at $1,223,722. 3.10% of the stock is currently owned by corporate insiders.
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About Douglas Dynamics
Douglas Dynamics, Inc operates as a manufacturer and up-fitter of commercial work truck attachments and equipment primarily in North America. It operates in 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 and heavy duty trucks, as well as various related parts and accessories.
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