Sidoti Predicts Douglas Dynamics’ Q1 Earnings (NYSE:PLOW)

Douglas Dynamics, Inc. (NYSE:PLOW) – Research analysts at Sidoti lowered their Q1 2027 earnings per share estimates for Douglas Dynamics in a note issued to investors on Tuesday, November 3rd. Sidoti analyst G. Burns now forecasts that the auto parts company will post earnings of $0.18 per share for the quarter, down from their previous estimate of $0.23. The consensus estimate for Douglas Dynamics’ current full-year earnings is $2.83 per share. Sidoti also issued estimates for Douglas Dynamics’ Q2 2027 earnings at $1.14 EPS and Q4 2027 earnings at $0.64 EPS.

Douglas Dynamics (NYSE:PLOW) last released its quarterly earnings data on Monday, November 2nd. The auto parts company reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.92 by $0.06. The company had revenue of $218.01 million for the quarter, compared to analyst estimates of $218.60 million. Douglas Dynamics had a return on equity of 22.97% and a net margin of 8.71%.

Several other brokerages have also recently commented on PLOW. Robert W. Baird reduced their price objective on shares of Douglas Dynamics from $56.00 to $50.00 and set a “neutral” rating for the company in a research note on Tuesday, August 4th. Wall Street Zen raised shares of Douglas Dynamics from a “hold” rating to a “buy” rating in a report on Saturday. DA Davidson set a $57.00 target price on shares of Douglas Dynamics in a research note on Tuesday, August 4th. Weiss Ratings raised shares of Douglas Dynamics from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 13th. Finally, Zacks Research upgraded shares of Douglas Dynamics from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $51.67.

Douglas Dynamics Trading Up 3.0%

Shares of PLOW opened at $37.42 on Monday. The business’s 50-day moving average price is $39.73 and its 200-day moving average price is $42.99. Douglas Dynamics has a twelve month low of $29.41 and a twelve month high of $55.00. The stock has a market cap of $863.65 million, a PE ratio of 13.56, a P/E/G ratio of 0.83 and a beta of 1.14. The company has a quick ratio of 1.03, a current ratio of 1.97 and a debt-to-equity ratio of 0.41.

Hedge Funds Weigh In On Douglas Dynamics

Hedge funds have recently made changes to their positions in the business. BlackRock Inc. purchased a new stake in Douglas Dynamics in the second quarter worth $109,009,000. Allspring Global Investments Holdings LLC raised its holdings in Douglas Dynamics by 2.9% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,582,621 shares of the auto parts company’s stock worth $62,830,000 after purchasing an additional 44,905 shares in the last quarter. Pzena Investment Management LLC bought a new position in Douglas Dynamics in the 2nd quarter worth $74,703,000. Punch & Associates Investment Management Inc. bought a new position in Douglas Dynamics in the 2nd quarter worth $35,570,000. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of Douglas Dynamics by 128.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 538,669 shares of the auto parts company’s stock worth $22,673,000 after purchasing an additional 303,077 shares during the period. 91.85% of the stock is owned by hedge funds and other institutional investors.

Douglas Dynamics Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were given a $0.2950 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Tuesday, September 15th. Douglas Dynamics’s dividend payout ratio (DPR) is currently 42.75%.

About Douglas Dynamics

Douglas Dynamics, Inc is a manufacturer of equipment used for snow and ice management. The company’s products are designed for commercial, municipal and residential applications and include snowplows, spreaders, de-icing equipment and related attachments for light-, medium- and heavy-duty trucks.

Its portfolio includes products marketed under brands such as WESTERN, FISHER, BLIZZARD, SnowEx and Henderson. The company offers vehicle-mounted snow and ice control equipment, salt and material spreaders, liquid de-icing systems, truck bodies and other solutions intended to help contractors, municipalities and commercial operators clear roads, parking areas and other paved surfaces.

Founded in 1946, Douglas Dynamics is headquartered in Milwaukee, Wisconsin, and primarily serves customers in North America through equipment dealers, distributors and other commercial channels.