Douglas Dynamics (PLOW) Projected to Post Earnings on Monday

Douglas Dynamics (NYSE:PLOW) is projected 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 interested in registering for the company’s earnings conference call can do so using this link.

Douglas Dynamics Stock Performance

NYSE:PLOW opened at $25.84 on Friday. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.14 and a quick ratio of 1.13. Douglas Dynamics has a 1 year low of $21.31 and a 1 year high of $30.98. The stock’s 50 day simple moving average is $24.82 and its two-hundred day simple moving average is $25.87. The company has a market cap of $596.55 million, a price-to-earnings ratio of 11.23, a PEG ratio of 1.15 and a beta of 1.21.

Douglas Dynamics Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were issued a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 4.57%. The ex-dividend date of this dividend was Monday, December 16th. Douglas Dynamics’s dividend payout ratio (DPR) is 51.30%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on PLOW. StockNews.com cut Douglas Dynamics from a “buy” rating to a “hold” rating in a report on Thursday, January 23rd. Robert W. Baird dropped their target price 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.