Headlines about Douglas Dynamics (NYSE:PLOW) have trended somewhat positive this week, Accern reports. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Douglas Dynamics earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned press coverage about the auto parts company an impact score of 46.0557511298324 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
A number of equities analysts have recently commented on the company. Zacks Investment Research upgraded Douglas Dynamics from a “sell” rating to a “hold” rating in a report on Wednesday, January 10th. ValuEngine cut Douglas Dynamics from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Finally, BidaskClub cut Douglas Dynamics from a “strong-buy” rating to a “buy” rating in a report on Friday, November 10th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $38.00.
Shares of Douglas Dynamics (PLOW) opened at $37.60 on Tuesday. Douglas Dynamics has a one year low of $28.55 and a one year high of $43.00. The company has a current ratio of 2.97, a quick ratio of 1.76 and a debt-to-equity ratio of 1.35. The stock has a market capitalization of $844.90, a P/E ratio of 27.91, a P/E/G ratio of 1.45 and a beta of 1.27.
In related news, VP Robert L. Mccormick sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, January 5th. The stock was sold at an average price of $40.08, for a total transaction of $601,200.00. Following the completion of the sale, the vice president now directly owns 116,263 shares of the company’s stock, valued at approximately $4,659,821.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO James L. Janik sold 21,080 shares of the firm’s stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $37.27, for a total value of $785,651.60. Following the sale, the chief executive officer now directly owns 297,790 shares of the company’s stock, valued at $11,098,633.30. The disclosure for this sale can be found here. Insiders have sold a total of 76,673 shares of company stock valued at $2,910,522 over the last three months. 3.20% of the stock is owned by corporate insiders.
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Douglas Dynamics Company Profile
Douglas Dynamics, Inc is a manufacturer and up-fitter of commercial vehicle attachments and equipment. The Company’s portfolio includes snow and ice management attachments sold under the BLIZZARD, FISHER, HENDERSON, SNOWEX and WESTERN brands, turf care equipment under the TURFEX brand and industrial maintenance equipment under the SWEEPEX brand.
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