Douglas Dynamics (NYSE:PLOW) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Douglas Dynamics, Inc. (NYSE:PLOWGet Free Report) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $40.52 and traded as high as $47.55. Douglas Dynamics shares last traded at $47.06, with a volume of 128,244 shares.

Wall Street Analysts Forecast Growth

PLOW has been the subject of a number of recent analyst reports. Weiss Ratings upgraded shares of Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, May 28th. Wall Street Zen downgraded Douglas Dynamics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 30th. Zacks Research raised shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 26th. DA Davidson raised their price target on shares of Douglas Dynamics from $55.00 to $60.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Finally, Loop Capital set a $48.00 target price on shares of Douglas Dynamics in a research report on Tuesday, March 3rd. Two research analysts have rated the stock with a Strong Buy rating and two have issued a Buy rating to the company. According to MarketBeat, Douglas Dynamics has a consensus rating of “Strong Buy” and a consensus target price of $54.67.

Get Our Latest Analysis on PLOW

Douglas Dynamics Trading Up 0.5%

The company has a current ratio of 2.65, a quick ratio of 0.77 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $1.09 billion, a P/E ratio of 21.20, a price-to-earnings-growth ratio of 0.97 and a beta of 1.21. The company has a 50-day moving average price of $45.11 and a 200 day moving average price of $40.52.

Douglas Dynamics (NYSE:PLOWGet Free Report) last posted its quarterly earnings data on Monday, May 4th. The auto parts company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.12 by $0.24. Douglas Dynamics had a net margin of 7.83% and a return on equity of 19.72%. The firm had revenue of $137.80 million during the quarter, compared to analyst estimates of $133.25 million. Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. On average, research analysts forecast that Douglas Dynamics, Inc. will post 2.69 earnings per share for the current fiscal year.

Douglas Dynamics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be paid a $0.295 dividend. The ex-dividend date is Tuesday, June 16th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 2.5%. Douglas Dynamics’s dividend payout ratio is presently 53.15%.

Institutional Trading of Douglas Dynamics

Several hedge funds and other institutional investors have recently bought and sold shares of PLOW. Glenmede Trust Co. NA acquired a new stake in Douglas Dynamics in the first quarter valued at approximately $208,000. Bank of America Corp DE lifted its stake in shares of Douglas Dynamics by 6.5% in the 1st quarter. Bank of America Corp DE now owns 289,552 shares of the auto parts company’s stock valued at $12,187,000 after purchasing an additional 17,717 shares during the last quarter. Janus Henderson Group PLC lifted its stake in shares of Douglas Dynamics by 43.1% in the 1st quarter. Janus Henderson Group PLC now owns 113,791 shares of the auto parts company’s stock valued at $4,790,000 after purchasing an additional 34,297 shares during the last quarter. Empowered Funds LLC acquired a new position in shares of Douglas Dynamics in the 1st quarter worth approximately $220,000. Finally, Quantinno Capital Management LP lifted its stake in Douglas Dynamics by 79.6% during the 1st quarter. Quantinno Capital Management LP now owns 41,148 shares of the auto parts company’s stock worth $1,732,000 after acquiring an additional 18,235 shares in the last quarter. 91.85% of the stock is owned by institutional investors and hedge funds.

About Douglas Dynamics

(Get Free Report)

Douglas Dynamics, Inc is a leading designer, manufacturer and distributor of snow and ice removal equipment for commercial, municipal and residential markets. The company’s product portfolio encompasses a wide range of truck-mounted plows, spreaders, salt brine systems and related accessories engineered to perform in challenging winter conditions. Its offerings cater to professional snow contractors, government agencies and retail customers seeking reliable solutions for snow and ice management.

Douglas Dynamics markets its products under several well-known brands, including Fisher Engineering, Western Products, Hiniker Company and Buyers Products.

Further Reading

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