Douglas Dynamics (PLOW) to Release Earnings on Monday

Douglas Dynamics (NYSE:PLOW) is anticipated to post its quarterly earnings results after the market closes on Monday, February 24th. Analysts expect Douglas Dynamics to post earnings of $0.37 per share and revenue of $155.23 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Douglas Dynamics Stock Down 1.2 %

PLOW stock opened at $25.84 on Friday. Douglas Dynamics has a twelve month low of $21.31 and a twelve month high of $30.98. The stock has a market cap of $596.66 million, a P/E ratio of 11.23, a PEG ratio of 1.14 and a beta of 1.21. The company’s 50 day moving average is $24.82 and its two-hundred day moving average is $25.85. The company has a current ratio of 2.14, a quick ratio of 1.13 and a debt-to-equity ratio of 0.56.

Douglas Dynamics Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were paid a dividend of $0.295 per share. The ex-dividend date of this dividend was Monday, December 16th. This represents a $1.18 annualized dividend and a dividend yield of 4.57%. Douglas Dynamics’s dividend payout ratio is currently 51.30%.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Robert W. Baird decreased their price target on shares of Douglas Dynamics from $30.00 to $26.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 30th. StockNews.com cut shares of Douglas Dynamics from a “buy” rating to a “hold” rating in a research note on Thursday, January 23rd.

Douglas Dynamics Company Profile

Douglas Dynamics, Inc operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America. It operates through two segments, Work Truck Attachments and Work Truck Solutions. The Work Truck Attachments segment manufactures and sells snow and ice control attachments, including snowplows, and sand and salt spreaders for light trucks and heavy duty trucks, as well as various related parts and accessories.