Notable News Spotlight: Douglas Dynamics (NYSE:PLOW)

Douglas Dynamics (NYSE:PLOW) spotted trading -11.25% off 52-week high price. On the other end, the stock has been noted 26.09% away from the low price over the last 52-weeks. The stock changed 2.82% to recent value of $42.29. The stock transacted 61841 shares during most recent day however it has an average volume of 63.06K shares. The company has 22.93M of outstanding shares and 22.24M shares were floated in the market.  

On Sept. 05, 2019, Douglas Dynamics (NYSE:PLOW) North America’s premier manufacturer and upfitter of work truck attachments and equipment, reported that its Board of Directors approved and declared a quarterly cash dividend of $0.2725 per share for the third quarter of 2019.

The declared dividend will be paid on September 30, 2019 to stockholders of record as of the close of business on September 20, 2019.

About Douglas Dynamics

Home to the most trusted brands in the industry, Douglas Dynamics is North America’s premier manufacturer and up-fitter of commercial work truck attachments and equipment. For more than 65 years, the Company has been innovating products that not only enable people to perform their jobs more efficiently and effectively, but also enable businesses to increase profitability. Through its proprietary Douglas Dynamics Management System (DDMS), the Company is committed to continuous improvement aimed at consistently producing the highest quality products, at industry-leading levels of service and delivery that ultimately drive shareholder value. The Douglas Dynamics portfolio of products and services is separated into two segments: First, the Work Truck Attachments segment, which includes commercial snow and ice control equipment sold under the FISHER®, SNOWEX® and WESTERN® brands. Second, the Work Truck Solutions segment, which includes the up-fit of market leading attachments and storage solutions under the HENDERSON® brand, and the DEJANA® brand and its related sub-brands.

 Its earnings per share (EPS) expected to touch remained -44.10% for this year while earning per share for the next 5-years is expected to reach at 15.00%. PLOW has a gross margin of 29.60% and an operating margin of 15.00% while its profit margin remained 9.00% for the last 12 months. 

 According to the most recent quarter its current ratio was 2.5 that represents company’s ability to meet its current financial obligations. The price moved ahead of 0.10% from the mean of 20 days, 3.41% from mean of 50 days SMA and performed 10.63% from mean of 200 days price. Company’s performance for the week was 2.60%, -1.31% for month and YTD performance remained 17.83%.

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