Douglas Dynamics (NYSE:PLOW) will announce its earnings results after the market closes on Monday, August 3rd. Analysts expect the company to announce earnings of $0.13 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.
Douglas Dynamics (NYSE:PLOW) last released its earnings results on Monday, May 4th. The auto parts company reported ($0.34) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.09) by ($0.25). Douglas Dynamics had a net margin of 7.20% and a return on equity of 15.16%. The business had revenue of $68.19 million for the quarter, compared to analysts’ expectations of $81.93 million. During the same quarter last year, the company posted $0.01 earnings per share. The business’s quarterly revenue was down 26.8% compared to the same quarter last year. On average, analysts expect Douglas Dynamics to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
PLOW stock opened at $35.35 on Friday. The company has a current ratio of 2.42, a quick ratio of 0.97 and a debt-to-equity ratio of 0.82. The firm has a 50 day simple moving average of $35.12 and a 200-day simple moving average of $39.37. The company has a market capitalization of $810.07 million, a P/E ratio of 18.08 and a beta of 0.76. Douglas Dynamics has a twelve month low of $24.12 and a twelve month high of $56.89.
Several analysts recently issued reports on the stock. Robert W. Baird cut their price target on shares of Douglas Dynamics from $50.00 to $35.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Zacks Investment Research cut shares of Douglas Dynamics from a “hold” rating to a “sell” rating in a report on Wednesday, June 17th. Craig Hallum cut their price target on shares of Douglas Dynamics from $55.00 to $40.00 and set a “hold” rating on the stock in a report on Tuesday, April 21st. They noted that the move was a valuation call. Sidoti cut their price target on shares of Douglas Dynamics from $47.00 to $44.00 and set a “buy” rating on the stock in a report on Friday, May 1st. Finally, TheStreet cut shares of Douglas Dynamics from a “b-” rating to a “c+” rating in a report on Wednesday, April 8th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. Douglas Dynamics presently has a consensus rating of “Hold” and an average price target of $39.75.
About Douglas Dynamics
Douglas Dynamics, Inc operates as a manufacturer and upfitter of commercial work truck attachments and equipment primarily in North America. It operates in 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 and heavy duty trucks, as well as various related parts and accessories.
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