Douglas Dynamics (NYSE:PLOW) Stock Crosses Above 200-Day Moving Average – Should You Sell?

Douglas Dynamics, Inc. (NYSE:PLOW) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $40.52 and traded as high as $47.55. Douglas Dynamics shares last traded at $47.06, with a volume of 128,244 shares.

Analyst Ratings Changes

Several research analysts have commented on the company. Freedom Capital upgraded Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Zacks Research upgraded Douglas Dynamics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 26th. Robert W. Baird set a $56.00 price objective on Douglas Dynamics in a report on Wednesday, May 6th. Loop Capital set a $48.00 target price on shares of Douglas Dynamics in a research report on Tuesday, March 3rd. Finally, DA Davidson raised their target price on shares of Douglas Dynamics from $55.00 to $60.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Strong Buy” and an average target price of $54.67.

Douglas Dynamics Stock Performance

The company has a debt-to-equity ratio of 0.48, a current ratio of 2.65 and a quick ratio of 0.77. The firm has a fifty day simple moving average of $45.11 and a 200 day simple moving average of $40.52. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of 21.20, a price-to-earnings-growth ratio of 0.97 and a beta of 1.21.

Douglas Dynamics (NYSE:PLOW) last announced its earnings results on Monday, May 4th. The auto parts company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.24. The business had revenue of $137.80 million for the quarter, compared to analyst estimates of $133.25 million. Douglas Dynamics had a net margin of 7.83% and a return on equity of 19.72%. Douglas Dynamics has set its FY 2026 guidance at 2.550-3.050 EPS. On average, analysts anticipate that Douglas Dynamics, Inc. will post 2.69 earnings per share for the current fiscal year.

Douglas Dynamics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be paid a $0.295 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, June 16th. Douglas Dynamics’s payout ratio is 53.15%.

Institutional Investors Weigh In On Douglas Dynamics

Several institutional investors and hedge funds have recently modified their holdings of the company. Kestra Private Wealth Services LLC boosted its holdings in shares of Douglas Dynamics by 1.1% in the 1st quarter. Kestra Private Wealth Services LLC now owns 24,242 shares of the auto parts company’s stock worth $1,020,000 after buying an additional 272 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Douglas Dynamics by 18.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,609 shares of the auto parts company’s stock worth $85,000 after acquiring an additional 400 shares in the last quarter. State of Wyoming lifted its holdings in shares of Douglas Dynamics by 20.0% in the second quarter. State of Wyoming now owns 2,430 shares of the auto parts company’s stock worth $72,000 after buying an additional 405 shares in the last quarter. Comerica Bank raised its position in shares of Douglas Dynamics by 2.6% in the fourth quarter. Comerica Bank now owns 15,996 shares of the auto parts company’s stock worth $522,000 after buying an additional 407 shares in the last quarter. Finally, Aquatic Capital Management LLC raised its position in shares of Douglas Dynamics by 6.7% in the third quarter. Aquatic Capital Management LLC now owns 7,165 shares of the auto parts company’s stock worth $224,000 after buying an additional 449 shares in the last quarter. Hedge funds and other institutional investors own 91.85% of the company’s stock.

About Douglas Dynamics

Douglas Dynamics, Inc is a leading designer, manufacturer and distributor of snow and ice removal equipment for commercial, municipal and residential markets. The company’s product portfolio encompasses a wide range of truck-mounted plows, spreaders, salt brine systems and related accessories engineered to perform in challenging winter conditions. Its offerings cater to professional snow contractors, government agencies and retail customers seeking reliable solutions for snow and ice management.

Douglas Dynamics markets its products under several well-known brands, including Fisher Engineering, Western Products, Hiniker Company and Buyers Products.