For its second fiscal quarter (ending June 30), Douglas Dynamics Inc (NYSE: PLOW) has reported E.P.S. of $1.03 compared to $1.02 a year ago. For the latest four quarters through June 30, E.P.S. were $1.23 compared to $1.52 a year ago.
Recent Price Action
Douglas Dynamics Inc (NYSE: PLOW) stock rose modestly by 0.7% on 7/29/24. The stock closed at $26.41. Moreover, this advance was accompanied by unusually high trading volume at 196% of normal. Relative to the market the stock has been weak over the last nine months but has risen 7.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed 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). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Douglas Dynamics has a poor Appreciation Score of 21 and a poor Power Rating of 16, resulting in 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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