Shares of Douglas Dynamics, Inc. (NYSE:PLOW) have been given a consensus recommendation of “Hold” by the six ratings firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12 month target price among analysts that have covered the stock in the last year is $42.00.

Several research firms have commented on PLOW. BidaskClub upgraded shares of Douglas Dynamics from a “buy” rating to a “strong-buy” rating in a report on Friday, October 27th. Zacks Investment Research cut shares of Douglas Dynamics from a “buy” rating to a “hold” rating in a report on Wednesday, October 11th. Finally, ValuEngine cut shares of Douglas Dynamics from a “buy” rating to a “hold” rating in a report on Friday.

Douglas Dynamics (NYSE:PLOW) traded down $0.90 during midday trading on Friday, reaching $39.85. 92,687 shares of the company’s stock traded hands, compared to its average volume of 98,422. The company has a quick ratio of 1.76, a current ratio of 2.97 and a debt-to-equity ratio of 1.35. Douglas Dynamics has a 12 month low of $28.55 and a 12 month high of $42.60. The firm has a market cap of $929.62, a PE ratio of 30.37, a PEG ratio of 1.92 and a beta of 1.16.

Douglas Dynamics (NYSE:PLOW) last posted its quarterly earnings results on Monday, November 6th. The auto parts company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.05). Douglas Dynamics had a return on equity of 13.98% and a net margin of 6.59%. The firm had revenue of $125.30 million for the quarter, compared to analyst estimates of $133.53 million. During the same quarter last year, the firm earned $0.32 EPS. The company’s revenue was up 1.4% on a year-over-year basis. sell-side analysts predict that Douglas Dynamics will post 1.41 earnings per share for the current year.

In related news, CFO Sarah C. Lauber acquired 1,250 shares of Douglas Dynamics stock in a transaction dated Thursday, September 14th. The stock was acquired at an average price of $36.04 per share, for a total transaction of $45,050.00. Following the transaction, the chief financial officer now owns 1,250 shares of the company’s stock, valued at $45,050. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 3.20% of the stock is currently owned by insiders.

Several large investors have recently modified their holdings of the company. Goldman Sachs Group Inc. lifted its position in shares of Douglas Dynamics by 1.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 16,323 shares of the auto parts company’s stock worth $500,000 after buying an additional 255 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of Douglas Dynamics by 2.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 17,735 shares of the auto parts company’s stock worth $584,000 after buying an additional 485 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of Douglas Dynamics by 4.5% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 12,458 shares of the auto parts company’s stock worth $410,000 after buying an additional 531 shares during the last quarter. DF Dent & Co. Inc. lifted its position in shares of Douglas Dynamics by 1.4% during the 2nd quarter. DF Dent & Co. Inc. now owns 56,392 shares of the auto parts company’s stock worth $1,855,000 after buying an additional 788 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of Douglas Dynamics by 8.1% during the 2nd quarter. Victory Capital Management Inc. now owns 13,859 shares of the auto parts company’s stock worth $456,000 after buying an additional 1,035 shares during the last quarter. Institutional investors and hedge funds own 90.33% of the company’s stock.

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About Douglas Dynamics

Douglas Dynamics, Inc is a manufacturer and up-fitter of commercial vehicle attachments and equipment. The Company’s portfolio includes snow and ice management attachments sold under the BLIZZARD, FISHER, HENDERSON, SNOWEX and WESTERN brands, turf care equipment under the TURFEX brand and industrial maintenance equipment under the SWEEPEX brand.

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