Douglas Dynamics (NYSE:PLOW – Get Rating) is scheduled to be announcing its earnings results after the market closes on Monday, May 2nd. Analysts expect the company to announce earnings of ($0.02) per share for the quarter. Douglas Dynamics has set its FY 2022 guidance at $1.250-$2.150 EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.
Douglas Dynamics (NYSE:PLOW – Get Rating) last released its quarterly earnings results on Monday, February 21st. The auto parts company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.04). The firm had revenue of $152.95 million for the quarter. Douglas Dynamics had a return on equity of 16.79% and a net margin of 5.67%. During the same quarter last year, the business earned $0.78 EPS. On average, analysts expect Douglas Dynamics to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
PLOW opened at $33.01 on Monday. Douglas Dynamics has a 1 year low of $32.15 and a 1 year high of $47.39. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.39 and a current ratio of 2.69. The company has a market cap of $758.60 million, a PE ratio of 25.20 and a beta of 0.87. The firm has a 50 day moving average price of $34.93 and a 200 day moving average price of $37.89.
Several equities analysts have recently issued reports on PLOW shares. StockNews.com initiated coverage on shares of Douglas Dynamics in a research note on Thursday, March 31st. They issued a “hold” rating on the stock. Zacks Investment Research lowered Douglas Dynamics from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 1st. Finally, Robert W. Baird reduced their target price on Douglas Dynamics from $56.00 to $50.00 in a report on Wednesday, February 23rd.
In other Douglas Dynamics news, insider Keith Hagelin sold 2,540 shares of the company’s stock in a transaction that occurred on Monday, March 7th. The shares were sold at an average price of $35.91, for a total value of $91,211.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Linda R. Evans sold 1,122 shares of the company’s stock in a transaction that occurred on Monday, March 7th. The shares were sold at an average price of $35.91, for a total transaction of $40,291.02. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 17,810 shares of company stock worth $639,557. Company insiders own 2.50% of the company’s stock.
Several institutional investors and hedge funds have recently bought and sold shares of PLOW. BNP Paribas Arbitrage SA grew its holdings in shares of Douglas Dynamics by 457.9% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 4,435 shares of the auto parts company’s stock valued at $161,000 after purchasing an additional 3,640 shares during the last quarter. Citigroup Inc. grew its holdings in Douglas Dynamics by 56.7% in the fourth quarter. Citigroup Inc. now owns 8,960 shares of the auto parts company’s stock worth $350,000 after purchasing an additional 3,242 shares during the period. California State Teachers Retirement System increased its stake in Douglas Dynamics by 2.6% in the fourth quarter. California State Teachers Retirement System now owns 31,683 shares of the auto parts company’s stock valued at $1,238,000 after purchasing an additional 812 shares in the last quarter. Barclays PLC boosted its position in shares of Douglas Dynamics by 79.3% during the 4th quarter. Barclays PLC now owns 33,876 shares of the auto parts company’s stock worth $1,323,000 after purchasing an additional 14,987 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in Douglas Dynamics by 8.2% in the third quarter. Invesco Ltd. now owns 36,819 shares of the auto parts company’s stock worth $1,337,000 after acquiring an additional 2,795 shares in the last quarter. 94.48% of the stock is owned by institutional investors.
Douglas Dynamics Company Profile (Get Rating)
Douglas Dynamics, Inc operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America. It operates through 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 trucks and heavy duty trucks, as well as various related parts and accessories.
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