Douglas Dynamics (PLOW) Receiving Somewhat Positive Press Coverage, Report Shows
News articles about Douglas Dynamics (NYSE:PLOW) have been trending somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Douglas Dynamics earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned media stories about the auto parts company an impact score of 46.0184741114646 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news articles that may have effected Accern Sentiment’s rankings:
- Analyzing Manitowoc Company, Inc. (The) (MTW) & Douglas Dynamics (PLOW) (americanbankingnews.com)
- Top Ranked Income Stocks to Buy for August 28th (nasdaq.com)
- Douglas Dynamics, Inc. (NYSE:PLOW) Stock Closed Higher Than Its 50 Day Moving Average (highlightpress.com)
- Douglas Dynamics, Inc. :PLOW-US: Earnings Analysis: Q2, 2017 By the Numbers : August 28, 2017 (finance.yahoo.com)
Douglas Dynamics (NYSE PLOW) opened at 35.05 on Thursday. The company has a market capitalization of $791.78 million, a P/E ratio of 27.82 and a beta of 1.14. Douglas Dynamics has a 52 week low of $25.23 and a 52 week high of $37.50. The firm has a 50 day moving average of $32.61 and a 200-day moving average of $31.63.
Douglas Dynamics (NYSE:PLOW) last issued its earnings results on Monday, August 7th. The auto parts company reported $0.64 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.53 by $0.11. The business had revenue of $139.40 million during the quarter, compared to analyst estimates of $132.33 million. Douglas Dynamics had a return on equity of 14.96% and a net margin of 6.16%. Douglas Dynamics’s revenue for the quarter was up 22.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.71 earnings per share. On average, analysts forecast that Douglas Dynamics will post $1.50 earnings per share for the current year.
A number of equities analysts have commented on PLOW shares. Oppenheimer Holdings, Inc. restated a “hold” rating on shares of Douglas Dynamics in a research report on Monday, May 8th. BidaskClub lowered shares of Douglas Dynamics from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Finally, Zacks Investment Research upgraded shares of Douglas Dynamics from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $40.00.
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About Douglas Dynamics
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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