Douglas Dynamics (NYSE:PLOW) Rating Lowered to “Hold” at Wall Street Zen

Douglas Dynamics (NYSE:PLOW) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday.

A number of other equities analysts have also weighed in on PLOW. Weiss Ratings lowered shares of Douglas Dynamics from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. Freedom Capital upgraded shares of Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Robert W. Baird dropped their target price on shares of Douglas Dynamics from $56.00 to $50.00 and set a “neutral” rating for the company in a report on Tuesday, August 4th. Zacks Research lowered Douglas Dynamics from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 4th. Finally, DA Davidson set a $57.00 price target on Douglas Dynamics in a report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $51.67.

Douglas Dynamics Stock Performance

Shares of PLOW opened at $44.15 on Friday. The company has a quick ratio of 1.03, a current ratio of 2.16 and a debt-to-equity ratio of 0.44. The business has a 50-day simple moving average of $46.51 and a two-hundred day simple moving average of $44.25. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 20.07, a PEG ratio of 0.97 and a beta of 1.20. Douglas Dynamics has a 52 week low of $28.52 and a 52 week high of $55.00.

Douglas Dynamics (NYSE:PLOW) last posted its quarterly earnings data on Monday, August 3rd. The auto parts company reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.08 by $0.14. The firm had revenue of $214.65 million for the quarter, compared to analysts’ expectations of $219.45 million. Douglas Dynamics had a return on equity of 19.03% and a net margin of 7.52%.Douglas Dynamics has set its FY 2026 guidance at 2.900-3.400 EPS. On average, analysts expect that Douglas Dynamics will post 2.86 EPS for the current year.

Institutional Investors Weigh In On Douglas Dynamics

Several institutional investors and hedge funds have recently modified their holdings of the stock. CIBC Private Wealth Group LLC boosted its position in shares of Douglas Dynamics by 229.9% during the third quarter. CIBC Private Wealth Group LLC now owns 1,204 shares of the auto parts company’s stock worth $38,000 after acquiring an additional 839 shares during the last quarter. Tower Research Capital LLC TRC lifted 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 purchasing an additional 1,303 shares in the last quarter. State of Wyoming lifted its stake 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 worth $72,000 after purchasing an additional 405 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Douglas Dynamics by 18.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,609 shares of the auto parts company’s stock valued at $85,000 after purchasing an additional 400 shares during the last quarter. Finally, Kemnay Advisory Services Inc. bought a new position in shares of Douglas Dynamics during the 4th quarter valued at about $91,000. 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.