PLOW Stock Recent News

Summary: Transaction Value: $64.2 million Locations: Illinois, Iowa, Maine, Michigan, and Wisconsin Lease Term: 15-year initial term with two 10-year options to renew Use of Proceeds: Debt reduction and other corporate purposes MILWAUKEE and NEW YORK, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE: PLOW), or the “Company”, North America's premier manufacturer and upfitter of commercial work truck attachments and equipment, today announced the successful completion of a sale-leaseback transaction with TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG Inc. (NASDAQ: TPG).

MILWAUKEE, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE: PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced that its Board of Directors approved and declared a quarterly cash dividend of $0.295 per share for the third quarter of 2024.

Douglas Dynamics (PLOW) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

The average of price targets set by Wall Street analysts indicates a potential upside of 25.1% in Douglas Dynamics (PLOW). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Douglas Dynamics (PLOW) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Douglas Dynamics, Inc. (NYSE:PLOW ) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Nathan Elwell - Vice President, Investor Relations Jim Janik - Chairman and Interim President and CEO Sarah Lauber - Executive Vice President and CFO Conference Call Participants Mike Shlisky - D.A. Davidson Robert Schultz - Baird Greg Burns - Sidoti & Company Operator Good morning and welcome to the Douglas Dynamics Second Quarter 2024 Earnings Call.

Douglas Dynamics, Inc. shares rose 5.5% after exceeding revenue, earnings, and adjusted earnings per share expectations in Q2 of fiscal year 2024. Despite a decline in revenue, the company's financial performance improved year over year, with higher earnings and cash flows reported. Management's guidance for the rest of the year suggests continued growth, making the stock look attractively priced on an absolute basis.

Douglas Dynamics (PLOW) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $1.11 per share a year ago.

Positive Performance Driven by Work Truck Solutions Growth  and Success of 2024 Cost Savings Program Second Quarter 2024 Highlights*: Solutions segment delivered record second quarter results with 24% Net Sales growth, and a significant increase in profitability Successful implementation of 2024 Cost Savings Program yields additional savings; now expected to deliver $11 - $12 million in sustainable annualized savings Paid $0.295 per share cash dividend on June 28, 2024 Maintained 2024 full year outlook *Compared to 2Q23 financials MILWAUKEE, July 29, 2024 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE: PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced financial results for the second quarter ended June 30, 2024. Jim Janik, Chairman, Interim President and CEO, commented, “During the second quarter, we have seen profitability improve despite lower Net Sales impacted by low snowfall, due to the management of throughput,

MILWAUKEE, July 17, 2024 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE: PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced that it will release financial results for the second quarter 2024 after market close on Monday, July 29, 2024.