Douglas Dynamics (NYSE:PLOW) Issues FY25 Earnings Guidance

Douglas Dynamics (NYSE:PLOW) updated its FY25 earnings guidance on Tuesday. The company provided EPS guidance of $1.30-2.10 for the period, compared to the consensus EPS estimate of $1.78. The company issued revenue guidance of $610-650 million, compared to the consensus revenue estimate of $624.95 million.

Douglas Dynamics Stock Up 0.5 %

Shares of PLOW traded up $0.14 on Wednesday, hitting $27.05. The company’s stock had a trading volume of 72,168 shares, compared to its average volume of 155,847. The company has a quick ratio of 1.13, a current ratio of 2.14 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of $624.72 million, a price-to-earnings ratio of 11.76, a P/E/G ratio of 1.14 and a beta of 1.21. The firm’s fifty day moving average price is $24.87 and its 200-day moving average price is $25.83. Douglas Dynamics has a fifty-two week low of $21.31 and a fifty-two week high of $30.98.

Douglas Dynamics Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were given a dividend of $0.295 per share. This represents a $1.18 annualized dividend and a dividend yield of 4.36%. The ex-dividend date of this dividend was Monday, December 16th. Douglas Dynamics’s dividend payout ratio is 51.30%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on PLOW shares. StockNews.com downgraded Douglas Dynamics from a “buy” rating to a “hold” rating in a report on Thursday, January 23rd. DA Davidson reissued a “buy” rating and set a $32.00 price target on shares of Douglas Dynamics in a research report on Tuesday. Finally, Robert W. Baird decreased their price objective on Douglas Dynamics from $30.00 to $26.00 and set a “neutral” rating for the company in a report on Wednesday, October 30th.

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.