Douglas Dynamics (NYSE:PLOW – Get Free Report) issued an update on its FY24 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $1.20-1.60 for the period, compared to the consensus estimate of $1.55. The company issued revenue guidance of $570-600 million, compared to the consensus revenue estimate of $605.47 million.
Douglas Dynamics Stock Up 0.0 %
Shares of PLOW traded up $0.01 during trading hours on Wednesday, hitting $22.98. The company had a trading volume of 189,036 shares, compared to its average volume of 218,461. The firm has a fifty day moving average price of $27.12 and a 200-day moving average price of $25.38. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.04 and a current ratio of 2.03. The stock has a market capitalization of $530.61 million, a price-to-earnings ratio of 19.47, a P/E/G ratio of 1.22 and a beta of 1.18. Douglas Dynamics has a 52-week low of $21.31 and a 52-week high of $31.39.
Douglas Dynamics (NYSE:PLOW – Get Free Report) last posted its quarterly earnings results on Monday, July 29th. The auto parts company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.48. Douglas Dynamics had a return on equity of 13.38% and a net margin of 5.03%. The firm had revenue of $199.90 million during the quarter, compared to analyst estimates of $181.30 million. During the same quarter in the previous year, the firm earned $1.00 EPS. On average, equities research analysts forecast that Douglas Dynamics will post 1.5 EPS for the current fiscal year.
Douglas Dynamics Dividend Announcement
Analysts Set New Price Targets
PLOW has been the subject of several research analyst reports. StockNews.com upgraded Douglas Dynamics from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. Robert W. Baird cut their price target on Douglas Dynamics from $30.00 to $26.00 and set a “neutral” rating for the company in a research note on Wednesday.
Get Our Latest Stock Analysis on PLOW
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.
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