Douglas Dynamics (NYSE:PLOW) Raised to Strong-Buy at Wall Street Zen

Douglas Dynamics (NYSE:PLOW) was upgraded by Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report released on Saturday.

A number of other equities analysts also recently issued reports on PLOW. Robert W. Baird set a $56.00 price objective on Douglas Dynamics in a report on Wednesday, May 6th. Freedom Capital raised shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Zacks Research lowered shares of Douglas Dynamics from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. DA Davidson raised their target price on shares of Douglas Dynamics from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Finally, Weiss Ratings cut Douglas Dynamics from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Douglas Dynamics has an average rating of “Moderate Buy” and an average price target of $54.67.

Douglas Dynamics Trading Up 0.3%

Shares of PLOW opened at $44.36 on Friday. Douglas Dynamics has a 1-year low of $26.75 and a 1-year high of $52.33. 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 firm’s 50-day moving average price is $44.05 and its 200-day moving average price is $38.59. The firm has a market capitalization of $1.03 billion, a price-to-earnings ratio of 19.98, a PEG ratio of 0.91 and a beta of 1.24.

Douglas Dynamics (NYSE:PLOW) last issued 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 business 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. Sell-side analysts anticipate that Douglas Dynamics will post 2.69 EPS for the current year.

Insider Transactions at Douglas Dynamics

In other news, insider Christopher E. Bernauer sold 869 shares of the company’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $42.61, for a total transaction of $37,028.09. Following the completion of the sale, the insider owned 9,243 shares of the company’s stock, valued at $393,844.23. This represents a 8.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Jon J. Sisulak sold 977 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $42.61, for a total transaction of $41,629.97. Following the completion of the transaction, the insider directly owned 14,232 shares in the company, valued at approximately $606,425.52. The trade was a 6.42% decrease in their position. The SEC filing for this sale provides additional information. 1.54% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in PLOW. SG Americas Securities LLC purchased a new position in Douglas Dynamics during the third quarter valued at $1,013,000. Hillsdale Investment Management Inc. increased its position in Douglas Dynamics by 22.1% in the third quarter. Hillsdale Investment Management Inc. now owns 134,400 shares of the auto parts company’s stock worth $4,201,000 after buying an additional 24,300 shares in the last quarter. Wilson Asset Management International PTY Ltd. bought a new position in shares of Douglas Dynamics in the fourth quarter worth about $653,000. JPMorgan Chase & Co. raised its stake in shares of Douglas Dynamics by 10.7% in the third quarter. JPMorgan Chase & Co. now owns 311,165 shares of the auto parts company’s stock worth $9,727,000 after buying an additional 30,138 shares during the period. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Douglas Dynamics during the 3rd quarter valued at approximately $864,000. 91.85% of the stock is currently owned by institutional investors.

Douglas Dynamics Company Profile

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.