Douglas Dynamics (NYSE:PLOW) Downgraded to “Hold” Rating by Zacks Research

Douglas Dynamics (NYSE:PLOW – Get Free Report) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

Several other analysts have also issued reports on the stock. Freedom Capital upgraded shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Wall Street Zen cut Douglas Dynamics from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 30th. Weiss Ratings cut Douglas Dynamics from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, June 30th. Robert W. Baird set a $56.00 target price on shares of Douglas Dynamics in a report on Wednesday, May 6th. Finally, DA Davidson upped 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. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Douglas Dynamics currently has a consensus rating of “Moderate Buy” and an average price target of $54.67.

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Douglas Dynamics Price Performance

Shares of NYSE:PLOW opened at $44.32 on Monday. The company has a 50 day moving average of $46.80 and a 200 day moving average of $42.66. 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 cap of $1.02 billion, a P/E ratio of 19.96, a P/E/G ratio of 0.97 and a beta of 1.17. Douglas Dynamics has a 12 month low of $27.62 and a 12 month high of $55.00.

Douglas Dynamics (NYSE:PLOW – Get Free Report) last issued its quarterly earnings results on Monday, May 4th. The auto parts company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.24. Douglas Dynamics had a return on equity of 19.72% and a net margin of 7.83%.The firm had revenue of $137.80 million during the quarter, compared to the consensus estimate of $133.25 million. Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. As a group, sell-side analysts forecast that Douglas Dynamics will post 2.69 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Kestra Private Wealth Services LLC boosted its position in shares of Douglas Dynamics by 1.1% during the first quarter. Kestra Private Wealth Services LLC now owns 24,242 shares of the auto parts company’s stock valued at $1,020,000 after purchasing an additional 272 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in Douglas Dynamics by 18.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,609 shares of the auto parts company’s stock valued at $85,000 after buying an additional 400 shares during the period. State of Wyoming boosted its holdings in shares of Douglas Dynamics by 20.0% during the 2nd quarter. State of Wyoming now owns 2,430 shares of the auto parts company’s stock valued at $72,000 after buying an additional 405 shares in the last quarter. Comerica Bank boosted its holdings in shares of Douglas Dynamics by 2.6% during the 4th quarter. Comerica Bank now owns 15,996 shares of the auto parts company’s stock valued at $522,000 after buying an additional 407 shares in the last quarter. Finally, Aquatic Capital Management LLC grew its position in shares of Douglas Dynamics by 6.7% in the 3rd quarter. Aquatic Capital Management LLC now owns 7,165 shares of the auto parts company’s stock worth $224,000 after buying an additional 449 shares during the period. Institutional investors own 91.85% of the company’s stock.

Douglas Dynamics Company Profile

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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.

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