Douglas Dynamics (NYSE:PLOW – Get Free Report) released its quarterly earnings data on Monday. The auto parts company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.55 by $0.48, Zacks reports. The business had revenue of $199.90 million for the quarter, compared to the consensus estimate of $181.30 million. Douglas Dynamics had a net margin of 4.90% and a return on equity of 12.95%. During the same period in the prior year, the firm earned $1.00 EPS.
Douglas Dynamics Stock Performance
Shares of PLOW traded up $2.69 during trading hours on Tuesday, hitting $29.10. The stock had a trading volume of 86,734 shares, compared to its average volume of 233,556. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.60 and a current ratio of 2.06. The firm has a 50-day moving average price of $23.91 and a 200 day moving average price of $24.24. Douglas Dynamics has a fifty-two week low of $21.31 and a fifty-two week high of $35.39. The firm has a market capitalization of $671.92 million, a price-to-earnings ratio of 24.62, a PEG ratio of 1.44 and a beta of 1.17.
Douglas Dynamics Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 17th were paid a $0.295 dividend. This represents a $1.18 annualized dividend and a dividend yield of 4.05%. The ex-dividend date of this dividend was Monday, June 17th. Douglas Dynamics’s dividend payout ratio is currently 100.86%.
Wall Street Analysts Forecast Growth
Check Out Our Latest 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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