Douglas Dynamics (NYSE:PLOW) Stock Rating Lowered by Freedom Capital

Douglas Dynamics (NYSE:PLOW) was downgraded by equities researchers at Freedom Capital from a “strong-buy” rating to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports.

Several other equities research analysts have also issued reports on the stock. Loop Capital set a $48.00 price target on shares of Douglas Dynamics in a research note on Tuesday. Zacks Research raised Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 26th. Robert W. Baird set a $50.00 price target on Douglas Dynamics in a research report on Wednesday, February 25th. Wall Street Zen raised Douglas Dynamics from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 28th. Finally, DA Davidson restated a “buy” rating and set a $48.00 target price on shares of Douglas Dynamics in a report on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $48.67.

Douglas Dynamics Stock Down 2.9%

Shares of PLOW stock traded down $1.34 on Tuesday, hitting $44.75. 136,924 shares of the stock were exchanged, compared to its average volume of 228,848. The company has a current ratio of 2.78, a quick ratio of 1.17 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $1.03 billion, a P/E ratio of 22.72, a price-to-earnings-growth ratio of 1.29 and a beta of 1.20. Douglas Dynamics has a fifty-two week low of $21.30 and a fifty-two week high of $47.16. The business has a 50-day moving average of $38.80 and a 200 day moving average of $34.35.

Douglas Dynamics (NYSE:PLOW) last released its earnings results on Monday, February 23rd. The auto parts company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.56 by $0.06. The firm had revenue of $184.54 million for the quarter, compared to analysts’ expectations of $169.95 million. Douglas Dynamics had a return on equity of 17.83% and a net margin of 7.15%.Douglas Dynamics has set its FY 2026 guidance at 2.250-2.850 EPS. Equities analysts anticipate that Douglas Dynamics will post 1.3 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. CIBC Private Wealth Group LLC grew its position in Douglas Dynamics by 229.9% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,204 shares of the auto parts company’s stock worth $38,000 after acquiring an additional 839 shares during the last quarter. State of Alaska Department of Revenue bought a new stake in shares of Douglas Dynamics during the third quarter worth $39,000. EverSource Wealth Advisors LLC increased its stake in shares of Douglas Dynamics by 85.4% in the third quarter. EverSource Wealth Advisors LLC now owns 1,266 shares of the auto parts company’s stock valued at $40,000 after buying an additional 583 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of Douglas Dynamics by 136.6% in the second quarter. Tower Research Capital LLC TRC now owns 2,257 shares of the auto parts company’s stock valued at $67,000 after buying an additional 1,303 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in Douglas Dynamics during the 3rd quarter worth about $69,000. Institutional investors own 91.85% of the company’s stock.

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.