Douglas Dynamics (NYSE:PLOW – Get Free Report) issued its earnings results on Monday. The auto parts company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.48, Zacks reports. Douglas Dynamics had a net margin of 5.03% and a return on equity of 13.49%. The company had revenue of $199.90 million during the quarter, compared to analysts’ expectations of $181.30 million. During the same period last year, the company posted $1.00 earnings per share.
Douglas Dynamics Price Performance
Shares of NYSE PLOW traded down $1.82 during midday trading on Wednesday, reaching $28.90. The company’s stock had a trading volume of 414,084 shares, compared to its average volume of 240,147. The company has a current ratio of 2.06, a quick ratio of 0.60 and a debt-to-equity ratio of 0.82. The company has a 50 day moving average price of $24.01 and a 200 day moving average price of $24.28. Douglas Dynamics has a one year low of $21.31 and a one year high of $35.39. The company has a market cap of $667.19 million, a price-to-earnings ratio of 24.71, a price-to-earnings-growth ratio of 1.45 and a beta of 1.17.
Douglas Dynamics Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 17th were issued a $0.295 dividend. The ex-dividend date of this dividend was Monday, June 17th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 4.08%. Douglas Dynamics’s payout ratio is currently 100.86%.
Wall Street Analysts Forecast Growth
Read Our Latest Stock Report on PLOW
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.
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