Somewhat Positive Press Coverage Somewhat Unlikely to Affect Douglas Dynamics (NYSE:PLOW) Share Price
News headlines about Douglas Dynamics (NYSE:PLOW) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Douglas Dynamics earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned news articles about the auto parts company an impact score of 47.3892862348085 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media stories that may have impacted Accern’s analysis:
- Terex Corporation (TEX) versus Douglas Dynamics (PLOW) Head to Head Survey (americanbankingnews.com)
- Zacks Investment Research Upgrades Douglas Dynamics, Inc. (NYSE:PLOW) to Buy (americanbankingnews.com)
- Douglas Dynamics earnings dip as revenue grows (biztimes.com)
- Douglas Dynamics, Inc.: Gathering momentum, can it sustain its performance? (finance.yahoo.com)
- Investor Network: Douglas Dynamics, Inc. to Host Earnings Call (finance.yahoo.com)
Douglas Dynamics (PLOW) opened at 33.80 on Friday. The firm has a 50-day moving average price of $32.02 and a 200 day moving average price of $31.63. Douglas Dynamics has a one year low of $25.23 and a one year high of $35.90. The company has a market cap of $763.54 million, a price-to-earnings ratio of 26.83 and a beta of 1.14.
Douglas Dynamics (NYSE:PLOW) last posted its quarterly earnings data on Monday, August 7th. The auto parts company reported $0.64 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.53 by $0.11. The business had revenue of $139.40 million for the quarter, compared to analysts’ expectations of $132.33 million. Douglas Dynamics had a return on equity of 14.96% and a net margin of 6.16%. The business’s revenue was up 22.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.71 EPS. Equities analysts expect that Douglas Dynamics will post $1.50 earnings per share for the current fiscal year.
Several equities research analysts recently commented on PLOW shares. Zacks Investment Research upgraded Douglas Dynamics from a “hold” rating to a “buy” rating and set a $38.00 target price on the stock in a research report on Saturday. Oppenheimer Holdings, Inc. dropped coverage on Douglas Dynamics in a report on Thursday, June 22nd. Finally, BidaskClub lowered Douglas Dynamics from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $40.00.
Douglas Dynamics Company Profile
Douglas Dynamics, Inc is a manufacturer and up-fitter of commercial vehicle attachments and equipment. The Company’s portfolio includes snow and ice management attachments sold under the BLIZZARD, FISHER, HENDERSON, SNOWEX and WESTERN brands, turf care equipment under the TURFEX brand and industrial maintenance equipment under the SWEEPEX brand.
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