Douglas Dynamics Inc (NYSE: PLOW) has reported E.P.S. of $-0.37 for its first fiscal quarter (ending March 31) versus $-0.58 for the same period a year ago. Relative to the consensus estimate of $-0.08, this was a shortfall of $-0.29. For the latest four quarters through March 31, E.P.S. were $1.20 compared to $1.24 a year ago — a decline of -3%.
Recent Price Action
Douglas Dynamics Inc (NYSE: PLOW) stock rose modestly by 0.5% on 4/29/24. The stock closed at $22.49. This advance was accompanied by normal trading volume. The stock has been extremely weak relative to the market over the last nine months but has risen 2.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, PLOW is expected to continue to be a major Value Builder.
Douglas Dynamics has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Douglas Dynamics has a poor Appreciation Score of 23 and a very low Power Rating of 14, producing the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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