Equities analysts predict that Douglas Dynamics Inc (NYSE:PLOW) will announce $0.50 earnings per share for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Douglas Dynamics’ earnings, with the highest EPS estimate coming in at $0.58 and the lowest estimate coming in at $0.44. Douglas Dynamics reported earnings of $0.44 per share in the same quarter last year, which indicates a positive year over year growth rate of 13.6%. The firm is expected to report its next earnings results on Monday, March 5th.
According to Zacks, analysts expect that Douglas Dynamics will report full-year earnings of $1.41 per share for the current year, with EPS estimates ranging from $1.34 to $1.50. For the next year, analysts anticipate that the business will report earnings of $1.72 per share, with EPS estimates ranging from $1.62 to $1.77. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Douglas Dynamics.
Douglas Dynamics (NYSE:PLOW) last released its quarterly earnings data on Monday, November 6th. The auto parts company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.05). The company had revenue of $125.30 million for the quarter, compared to the consensus estimate of $133.53 million. Douglas Dynamics had a net margin of 6.59% and a return on equity of 13.98%. The company’s quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.32 EPS.
In other Douglas Dynamics news, VP Robert L. Mccormick sold 15,000 shares of Douglas Dynamics stock in a transaction on Friday, January 5th. The shares were sold at an average price of $40.08, for a total transaction of $601,200.00. Following the completion of the transaction, the vice president now directly owns 116,263 shares of the company’s stock, valued at $4,659,821.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO James L. Janik sold 25,000 shares of Douglas Dynamics stock in a transaction on Monday, December 11th. The stock was sold at an average price of $37.47, for a total transaction of $936,750.00. Following the transaction, the chief executive officer now directly owns 297,790 shares of the company’s stock, valued at $11,158,191.30. The disclosure for this sale can be found here. Over the last three months, insiders sold 76,673 shares of company stock valued at $2,910,522. 3.20% of the stock is currently owned by insiders.
A number of hedge funds and other institutional investors have recently bought and sold shares of PLOW. Conestoga Capital Advisors LLC purchased a new position in Douglas Dynamics during the third quarter worth $22,356,000. Westwood Holdings Group Inc. boosted its stake in Douglas Dynamics by 336.5% during the second quarter. Westwood Holdings Group Inc. now owns 630,684 shares of the auto parts company’s stock worth $20,749,000 after buying an additional 486,195 shares during the period. RK Capital Management LLC purchased a new position in Douglas Dynamics during the second quarter worth $9,344,000. Lazard Asset Management LLC boosted its stake in Douglas Dynamics by 29.7% during the second quarter. Lazard Asset Management LLC now owns 545,674 shares of the auto parts company’s stock worth $17,952,000 after buying an additional 125,000 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in shares of Douglas Dynamics by 6.3% during the second quarter. Dimensional Fund Advisors LP now owns 1,389,370 shares of the auto parts company’s stock worth $45,710,000 after purchasing an additional 82,348 shares during the last quarter. 90.23% of the stock is owned by institutional investors.
Douglas Dynamics (PLOW) traded up $0.30 during trading on Friday, hitting $40.75. 75,438 shares of the stock traded hands, compared to its average volume of 81,582. The company has a market capitalization of $914.93, a PE ratio of 30.41, a P/E/G ratio of 1.57 and a beta of 1.12. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.76 and a current ratio of 2.97. Douglas Dynamics has a 52-week low of $28.55 and a 52-week high of $42.60.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Tuesday, December 19th were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date was Monday, December 18th. Douglas Dynamics’s dividend payout ratio (DPR) is presently 71.64%.
Douglas Dynamics Company Profile
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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