Press coverage about Douglas Dynamics (NYSE:PLOW) has trended somewhat positive on Saturday, according to Accern. Accern rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Douglas Dynamics earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave news stories about the auto parts company an impact score of 45.7901671032995 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
NYSE PLOW opened at $43.60 on Friday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.47 and a current ratio of 2.45. Douglas Dynamics has a 12-month low of $28.55 and a 12-month high of $47.40. The company has a market capitalization of $984.96, a PE ratio of 32.06, a price-to-earnings-growth ratio of 1.46 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, meeting the Zacks’ consensus estimate of $0.50. Douglas Dynamics had a net margin of 11.66% and a return on equity of 14.04%. The company had revenue of $137.97 million for the quarter, compared to the consensus estimate of $135.33 million. analysts predict that Douglas Dynamics will post 2 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 30th. Stockholders of record on Thursday, March 22nd were issued a $0.265 dividend. The ex-dividend date was Wednesday, March 21st. This is an increase from Douglas Dynamics’s previous quarterly dividend of $0.24. This represents a $1.06 dividend on an annualized basis and a dividend yield of 2.43%. Douglas Dynamics’s dividend payout ratio (DPR) is 77.94%.
A number of analysts have recently issued reports on the stock. Craig Hallum set a $50.00 price objective on shares of Douglas Dynamics and gave the company a “buy” rating in a report on Wednesday, February 28th. ValuEngine upgraded shares of Douglas Dynamics from a “hold” rating to a “buy” rating in a report on Wednesday, March 7th. Robert W. Baird reiterated a “hold” rating and issued a $44.00 price objective on shares of Douglas Dynamics in a report on Thursday, March 1st. Finally, Zacks Investment Research upgraded shares of Douglas Dynamics from a “hold” rating to a “buy” rating and set a $49.00 price objective on the stock in a report on Saturday, March 3rd. Two 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 an average target price of $47.67.
In related news, Chairman James L. Janik sold 18,085 shares of the business’s stock in a transaction on Tuesday, March 6th. The shares were sold at an average price of $43.49, for a total transaction of $786,516.65. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Robert J. Young sold 818 shares of the business’s stock in a transaction on Tuesday, March 6th. The stock was sold at an average price of $43.49, for a total transaction of $35,574.82. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 28,138 shares of company stock worth $1,223,722. 3.20% of the stock is 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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