Analysts expect Douglas Dynamics, Inc. (NYSE:PLOW) to report earnings of $0.50 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Douglas Dynamics’ earnings, with the lowest EPS estimate coming in at $0.44 and the highest estimate coming in at $0.58. Douglas Dynamics reported earnings per share of $0.44 in the same quarter last year, which would suggest a positive year over year growth rate of 13.6%. The company is scheduled to report its next quarterly earnings report on Monday, March 5th.

On average, analysts expect that Douglas Dynamics will report full-year earnings of $1.41 per share for the current fiscal year, with EPS estimates ranging from $1.34 to $1.50. For the next financial year, analysts forecast that the firm will post earnings of $1.72 per share, with EPS estimates ranging from $1.62 to $1.77. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Douglas Dynamics.

Douglas Dynamics (NYSE:PLOW) last posted its earnings results on Monday, November 6th. The auto parts company reported $0.40 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.45 by ($0.05). The firm had revenue of $125.30 million during the quarter, compared to analysts’ expectations of $133.53 million. Douglas Dynamics had a net margin of 6.59% and a return on equity of 13.98%. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.32 earnings per share.

Several equities analysts recently issued reports on the company. BidaskClub upgraded Douglas Dynamics from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 27th. Zacks Investment Research cut Douglas Dynamics from a “buy” rating to a “hold” rating in a research report on Wednesday, October 11th. Finally, ValuEngine cut Douglas Dynamics from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $40.00.

In other news, CFO Sarah C. Lauber purchased 1,250 shares of the stock in a transaction that occurred on Thursday, September 14th. The shares were acquired at an average price of $36.04 per share, for a total transaction of $45,050.00. Following the acquisition, the chief financial officer now directly owns 1,250 shares in the company, valued at approximately $45,050. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 3.20% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. DF Dent & Co. Inc. lifted its stake in Douglas Dynamics by 12.6% in the 3rd quarter. DF Dent & Co. Inc. now owns 63,511 shares of the auto parts company’s stock valued at $2,502,000 after buying an additional 7,119 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new stake in Douglas Dynamics in the 3rd quarter valued at approximately $267,000. Granahan Investment Management Inc. MA lifted its stake in Douglas Dynamics by 5.6% in the 3rd quarter. Granahan Investment Management Inc. MA now owns 295,969 shares of the auto parts company’s stock valued at $11,661,000 after buying an additional 15,758 shares in the last quarter. Zions Bancorporation purchased a new stake in Douglas Dynamics in the 3rd quarter valued at approximately $100,000. Finally, Cadence Capital Management LLC lifted its stake in Douglas Dynamics by 98.1% in the 3rd quarter. Cadence Capital Management LLC now owns 37,874 shares of the auto parts company’s stock valued at $1,492,000 after buying an additional 18,754 shares in the last quarter. Institutional investors and hedge funds own 90.27% of the company’s stock.

Shares of Douglas Dynamics (NYSE PLOW) traded down $0.40 during mid-day trading on Monday, reaching $37.55. The company had a trading volume of 25,569 shares, compared to its average volume of 97,903. The firm has a market cap of $857.33, a PE ratio of 28.32, a PEG ratio of 1.79 and a beta of 1.12. Douglas Dynamics has a 1 year low of $28.55 and a 1 year high of $42.60. The company has a debt-to-equity ratio of 1.35, a current ratio of 2.97 and a quick ratio of 1.76.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Tuesday, December 19th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 2.56%. The ex-dividend date of this dividend is Monday, December 18th. Douglas Dynamics’s payout ratio is 71.64%.

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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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