Douglas Dynamics (NYSE:PLOW) Issues FY25 Earnings Guidance

Douglas Dynamics (NYSE:PLOW) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share guidance of $1.30-2.10 for the period, compared to the consensus earnings per share estimate of $1.78. The company issued revenue guidance of $610-650 million, compared to the consensus revenue estimate of $624.95 million.

Douglas Dynamics Trading Up 5.8 %

Shares of NYSE:PLOW opened at $26.88 on Tuesday. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.14 and a quick ratio of 1.13. The firm has a market capitalization of $620.86 million, a P/E ratio of 11.53, a P/E/G ratio of 1.14 and a beta of 1.21. The business’s 50-day moving average is $24.83 and its 200 day moving average is $25.83. Douglas Dynamics has a 1 year low of $21.31 and a 1 year high of $30.98.

Douglas Dynamics (NYSE:PLOW) last announced its quarterly earnings data on Monday, February 24th. The auto parts company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.02). The company had revenue of $143.55 million during the quarter, compared to analysts’ expectations of $155.23 million. Douglas Dynamics had a net margin of 9.89% and a return on equity of 12.68%. On average, research analysts predict that Douglas Dynamics will post 1.3 earnings per share for the current fiscal year.

Douglas Dynamics Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were given a dividend of $0.295 per share. The ex-dividend date of this dividend was Monday, December 16th. This represents a $1.18 dividend on an annualized basis and a yield of 4.39%. Douglas Dynamics’s dividend payout ratio is currently 51.30%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. StockNews.com downgraded shares of Douglas Dynamics from a “buy” rating to a “hold” rating in a report on Thursday, January 23rd. Robert W. Baird lowered their target price on Douglas Dynamics from $30.00 to $26.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 30th.

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.