Douglas Dynamics (NYSE:PLOW) Hits New 12-Month High – Should You Buy?

Douglas Dynamics, Inc. (NYSE:PLOW) shares reached a new 52-week high on Thursday . The company traded as high as $53.42 and last traded at $52.6350, with a volume of 229429 shares traded. The stock had previously closed at $50.31.

Analyst Ratings Changes

PLOW has been the subject of a number of analyst reports. Loop Capital set a $48.00 price target on Douglas Dynamics in a research note on Tuesday, March 3rd. Weiss Ratings raised Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, May 28th. Wall Street Zen downgraded Douglas Dynamics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 30th. DA Davidson raised their target price on Douglas Dynamics from $55.00 to $60.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Finally, Freedom Capital raised Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Two analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Strong Buy” and a consensus price target of $54.67.

Douglas Dynamics Stock Up 0.3%

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 has a market capitalization of $1.24 billion, a P/E ratio of 24.20, a P/E/G ratio of 1.11 and a beta of 1.21. The stock’s 50-day simple moving average is $46.17 and its 200-day simple moving average is $41.76.

Douglas Dynamics (NYSE:PLOW) last posted its earnings results 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. The firm had revenue of $137.80 million for the quarter, compared to analysts’ expectations of $133.25 million. Douglas Dynamics had a net margin of 7.83% and a return on equity of 19.72%. Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. As a group, research analysts predict that Douglas Dynamics, Inc. will post 2.69 earnings per share for the current fiscal year.

Douglas Dynamics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be given a $0.295 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $1.18 annualized dividend and a yield of 2.2%. Douglas Dynamics’s payout ratio is currently 53.15%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Kestra Private Wealth Services LLC boosted its holdings in shares of Douglas Dynamics by 1.1% in the 1st quarter. Kestra Private Wealth Services LLC now owns 24,242 shares of the auto parts company’s stock worth $1,020,000 after buying an additional 272 shares during the last quarter. PNC Financial Services Group Inc. raised its position in Douglas Dynamics by 18.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,609 shares of the auto parts company’s stock worth $85,000 after acquiring an additional 400 shares during the period. State of Wyoming raised its position in Douglas Dynamics by 20.0% in the second quarter. State of Wyoming now owns 2,430 shares of the auto parts company’s stock worth $72,000 after acquiring an additional 405 shares during the period. Comerica Bank raised its position in Douglas Dynamics by 2.6% in the fourth quarter. Comerica Bank now owns 15,996 shares of the auto parts company’s stock worth $522,000 after acquiring an additional 407 shares during the period. Finally, Aquatic Capital Management LLC boosted its stake in Douglas Dynamics by 6.7% in the third quarter. Aquatic Capital Management LLC now owns 7,165 shares of the auto parts company’s stock valued at $224,000 after acquiring an additional 449 shares during the last quarter. 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.