Douglas Dynamics (NYSE:PLOW) Rating Lowered to “Hold” at Freedom Capital

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

A number of other research analysts also recently issued reports on PLOW. DA Davidson reaffirmed a “buy” rating and set a $48.00 price target on shares of Douglas Dynamics in a report on Wednesday, February 25th. Zacks Research raised shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 26th. Loop Capital set a $48.00 price target on shares of Douglas Dynamics in a research report on Tuesday. Robert W. Baird set a $50.00 price objective on Douglas Dynamics in a research note on Wednesday, February 25th. Finally, Weiss Ratings upgraded Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 27th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Douglas Dynamics has an average rating of “Buy” and a consensus price target of $48.67.

Douglas Dynamics Trading Up 1.9%

Douglas Dynamics stock opened at $46.09 on Tuesday. Douglas Dynamics has a 12 month low of $21.30 and a 12 month high of $47.16. 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 business’s fifty day simple moving average is $38.80 and its two-hundred day simple moving average is $34.35. The company has a market capitalization of $1.06 billion, a price-to-earnings ratio of 23.40, a price-to-earnings-growth ratio of 1.29 and a beta of 1.20.

Douglas Dynamics (NYSE:PLOW) last released its quarterly earnings data on Monday, February 23rd. The auto parts company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.06. The business had revenue of $184.54 million during the quarter, compared to analyst estimates of $169.95 million. Douglas Dynamics had a net margin of 7.15% and a return on equity of 17.83%. Douglas Dynamics has set its FY 2026 guidance at 2.250-2.850 EPS. As a group, equities analysts predict that Douglas Dynamics will post 1.3 earnings per share for the current fiscal year.

Institutional Trading of Douglas Dynamics

A number of institutional investors and hedge funds have recently bought and sold shares of PLOW. CIBC Private Wealth Group LLC increased its holdings in shares of Douglas Dynamics by 229.9% in the third quarter. CIBC Private Wealth Group LLC now owns 1,204 shares of the auto parts company’s stock worth $38,000 after purchasing an additional 839 shares during the last quarter. State of Alaska Department of Revenue purchased a new position in Douglas Dynamics during the 3rd quarter valued at approximately $39,000. EverSource Wealth Advisors LLC increased its stake in Douglas Dynamics by 85.4% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,266 shares of the auto parts company’s stock worth $40,000 after acquiring an additional 583 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in Douglas Dynamics by 136.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,257 shares of the auto parts company’s stock worth $67,000 after acquiring an additional 1,303 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Douglas Dynamics during the 3rd quarter worth approximately $69,000. 91.85% of the stock is currently owned by institutional investors.

About Douglas Dynamics

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.