Should Traders Take A Bite Out Of Douglas Dynamics, Inc. (PLOW)?

On Tuesday, shares of Douglas Dynamics, Inc. (NYSE:PLOW) marked $35.61 per share versus a previous $35.85 closing price. With having a -0.67% loss, an insight into the fundamental values of Douglas Dynamics, Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. PLOW showed a fall of -35.25% within its YTD performance, with highs and lows between $24.12 – $56.89 during the period of 52 weeks, compared to the simple moving average of -17.56% in the period of the last 200 days.

Sidoti equity researchers changed the status of Douglas Dynamics, Inc. (NYSE: PLOW) shares from “Neutral” to a “Buy” rating in the report published on March 12th, 2020. Other analysts, including Craig Hallum, also published their reports on PLOW shares. Craig Hallum repeated the rating from the previous report, marking PLOW under “Hold” rating, in the report published on February 26th, 2020. Additionally, PLOW shares got another “Neutral” rating from Sidoti. On the other hand, Seaport Global Securities Downgrade the “Neutral” rating for PLOW shares, as published in the report on July 6th, 2016. Seaport Global Securities seems to be going bullish on the price of PLOW shares, based on the price prediction for PLOW, indicating that the shares will jump to $24, giving the shares “Buy” rating based on their report from May 24th, 2016. Another “Neutral” rating came from Seaport Global Securities, providing a prediction for $24 price target according to the report published in April 20th, 2016.

Douglas Dynamics, Inc. (PLOW) Analysis

The present dividend yield for PLOW owners is set at 0.03, marking the return investors will get regardless of the company’s performance in the upcoming period. In addition, the growth of sales from quarter to quarter is recording -26.80%, hinting the company’s progress in the upcoming progress.

In order to gain a clear insight on the performance of Douglas Dynamics, Inc. (PLOW) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 1.00 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.

Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while PLOW is currently recording an average of 140.40K in volumes. The volatility of the stock on monthly basis is set at 3.35%, while the weekly volatility levels are marked at 3.26%with -1.36% of loss in the last seven days. Additionally, long-term investors are predicting the target price of $39.00, indicating growth from the present price of $35.61, which can represent yet another valuable research and analysis points that can help you decide whether to invest in PLOW or pass.

What to Look for When Analyzing Douglas Dynamics, Inc. Shares?

Douglas Dynamics, Inc. (PLOW) is based in the USA and it represents one of the well-known company operating with Consumer Cyclical sector. If you wish to compare PLOW shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 20.97 for Douglas Dynamics, Inc., while the value 17.24 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 1.70 is supported by the yearly EPS growth of 13.70%.

Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 1.70%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 94.40% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.

Are Institutional Investors Increasing Stakes in PLOW Shares?

It appears that more than several institutional investors and hedge funds decided to increase stakes in PLOW in the recent period. That is how Conestoga Capital Advisors LLC now has an increase position in PLOW by 14.48% in the first quarter, owning 2.44 million shares of PLOW stocks, with the value of $85.66 million after the purchase of an additional 308,509 shares during the last quarter. In the meanwhile, The Vanguard Group, Inc. also increased their stake in PLOW shares changed 1.26% in the first quarter, which means that the company now owns 1.11 million shares of company, all valued at $39.13 million after the acquisition of additional 13,854 shares during the last quarter.

Wells Capital Management, Inc. acquired a new position in Douglas Dynamics, Inc. during the first quarter, with the value of $36.86 million, and Bernzott Capital Advisors increased their stake in the company’s shares by 3.01% in the first quarter, now owning 26,430 shares valued at $31.78 million after the acquisition of the additional 904773 shares during the last quarter. In the end, T. Rowe Price Associates, Inc. increased their position by 35.53% during the first quarter, now owning 827815 PLOW shares, now holding the value of $29.07 million in PLOW with the purchase of the additional 34,257 shares during the period of the last quarter. At the present, 94.40% of PLOW shares are in the ownership of institutional investors.