News articles about Douglas Dynamics (NYSE:PLOW) have trended somewhat positive on Tuesday, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources. 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 coverage optimism score of 0.19 on Accern’s scale. Accern also assigned news stories about the auto parts company an impact score of 46.0557511298324 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of Douglas Dynamics (NYSE:PLOW) opened at $37.90 on Tuesday. The firm has a market capitalization of $856.20, a P/E ratio of 28.07, a P/E/G ratio of 1.54 and a beta of 1.27. The company has a quick ratio of 1.76, a current ratio of 2.97 and a debt-to-equity ratio of 1.35. Douglas Dynamics has a fifty-two week low of $28.55 and a fifty-two week high of $43.00.
A number of research firms recently weighed in on PLOW. ValuEngine cut Douglas Dynamics from a “buy” rating to a “hold” rating in a report on Friday, December 1st. BidaskClub cut Douglas Dynamics from a “strong-buy” rating to a “buy” rating in a report on Friday, November 10th. Finally, Zacks Investment Research upgraded Douglas Dynamics from a “sell” rating to a “hold” rating in a report on Wednesday, January 10th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $38.00.
In other Douglas Dynamics news, CEO James L. Janik sold 25,000 shares of the stock in a transaction on Monday, December 11th. The stock was sold at an average price of $37.47, for a total transaction of $936,750.00. Following the sale, the chief executive officer now owns 297,790 shares in the company, valued at approximately $11,158,191.30. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Robert L. Mccormick sold 15,000 shares of the stock in a transaction on Friday, January 5th. The shares were sold at an average price of $40.08, for a total value of $601,200.00. Following the sale, the vice president now owns 116,263 shares in the company, valued at approximately $4,659,821.04. The disclosure for this sale can be found here. In the last 90 days, insiders sold 76,673 shares of company stock worth $2,910,522. Insiders own 3.20% of the company’s stock.
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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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