Douglas Dynamics (PLOW) Projected to Post Earnings on Monday

Douglas Dynamics (NYSE:PLOW) will likely be releasing its earnings data 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. Persons interested in listening to the company’s earnings conference call can do so using this link.

Douglas Dynamics Trading Down 1.2 %

Shares of NYSE:PLOW opened at $25.84 on Friday. Douglas Dynamics has a 52-week low of $21.31 and a 52-week high of $30.98. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.13 and a current ratio of 2.14. The stock has a market capitalization of $596.55 million, a price-to-earnings ratio of 11.23, a PEG ratio of 1.15 and a beta of 1.21. The stock’s 50-day simple moving average is $24.82 and its two-hundred day simple moving average is $25.87.

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. The ex-dividend date was Monday, December 16th. This represents a $1.18 dividend on an annualized basis and a dividend yield of 4.57%. Douglas Dynamics’s payout ratio is currently 51.30%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on PLOW shares. Robert W. Baird lowered their price objective on Douglas Dynamics from $30.00 to $26.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 30th. StockNews.com cut Douglas Dynamics from a “buy” rating to a “hold” rating in a research report on Thursday, January 23rd.

About Douglas Dynamics

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.