Douglas Dynamics (NYSE:PLOW) Rating Increased to Strong-Buy at Zacks Research

Douglas Dynamics (NYSE:PLOW) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Several other equities analysts also recently issued reports on PLOW. Loop Capital set a $48.00 price target on shares of Douglas Dynamics in a report on Tuesday, March 3rd. Robert W. Baird set a $56.00 price target on shares of Douglas Dynamics in a report on Wednesday, May 6th. DA Davidson lifted their price target on shares of Douglas Dynamics from $55.00 to $60.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Freedom Capital raised shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Finally, Wall Street Zen raised shares of Douglas Dynamics from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 16th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Douglas Dynamics presently has an average rating of “Buy” and a consensus target price of $54.67.

Douglas Dynamics Price Performance

NYSE:PLOW opened at $45.51 on Tuesday. Douglas Dynamics has a 52 week low of $27.03 and a 52 week high of $52.33. The company has a market capitalization of $1.05 billion, a price-to-earnings ratio of 20.50, a PEG ratio of 0.93 and a beta of 1.24. The company has a 50-day moving average of $44.26 and a 200-day moving average of $39.35. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.77 and a current ratio of 2.65.

Douglas Dynamics (NYSE:PLOW) last announced its quarterly earnings results on Monday, May 4th. The auto parts company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.24. Douglas Dynamics had a net margin of 7.83% and a return on equity of 19.72%. The firm had revenue of $137.80 million during the quarter, compared to the consensus estimate of $133.25 million. Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. As a group, equities research analysts anticipate that Douglas Dynamics will post 2.69 earnings per share for the current fiscal year.

Insider Activity

In other Douglas Dynamics news, insider Christopher E. Bernauer sold 869 shares of the firm’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $42.61, for a total value of $37,028.09. Following the completion of the sale, the insider owned 9,243 shares in the company, valued at approximately $393,844.23. This trade represents a 8.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Jon J. Sisulak sold 977 shares of the firm’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $42.61, for a total transaction of $41,629.97. Following the completion of the sale, the insider owned 14,232 shares of the company’s stock, valued at $606,425.52. The trade was a 6.42% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.54% of the company’s stock.

Institutional Investors Weigh In On Douglas Dynamics

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. CIBC Private Wealth Group LLC increased its position in Douglas Dynamics by 229.9% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,204 shares of the auto parts company’s stock valued at $38,000 after acquiring an additional 839 shares in the last quarter. EverSource Wealth Advisors LLC increased its position 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 valued at $40,000 after acquiring an additional 583 shares in the last quarter. Tower Research Capital LLC TRC increased its position 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 valued at $67,000 after acquiring an additional 1,303 shares in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in Douglas Dynamics in the 3rd quarter valued at about $69,000. Finally, State of Wyoming increased its position in Douglas Dynamics by 20.0% in the 2nd quarter. State of Wyoming now owns 2,430 shares of the auto parts company’s stock valued at $72,000 after acquiring an additional 405 shares in the last quarter. Institutional investors and hedge funds 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.