Douglas Dynamics (PLOW)

• Market cap: $552M
• 1 day: -0.33%
• 5 days: -5.83%
• 1 month: -2.73%
• 3 months: -14.43%
• 6 months: 4.14%
• Year to date: -17.42%
• 1 year: -19.50%
• 5 years: -57.65%
• 10 years: 7.32%
• Sector: Industrials
• Industry: Construction Machinery & Equipment

About: Douglas Dynamics Inc is a manufacturer and upfitter of commercial vehicle attachments and equipment. The Company's portfolio includes snow and ice management attachments sold under the BLIZZARD, FISHER, HENDERSON, SNOWEX, and WESTERN brands, turf care equipment under the TURFEX brand, and industrial maintenance equipment under the SWEEPEX brand. The Company's portfolio also includes the upfit of attachments and storage solutions under the HENDERSON brand, and the DEJANA brand and its related sub-brands. The Company also leases fifteen manufacturing upfit and service facilities located in Iowa, Maryland, Missouri, New Jersey, New York, Ohio, Pennsylvania, and Rhode Island. The Company conducts business in two segments: Work Truck Attachments and Work Truck Solutions.

Employees: 1,885

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

50% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 20

19% more capital invested

Capital invested by funds: $493M [Q2] → $586M (+$92.3M) [Q3]

7% more funds holding

Funds holding: 141 [Q2] → 151 (+10) [Q3]

0.68% more ownership

Funds ownership: 91.31% [Q2] → 91.99% (+0.68%) [Q3]

9% less call options, than puts

Call options by funds: $214K | Put options by funds: $234K

10% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 52

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $26 9% upside
• Avg. target: $26 9% upside
• High target: $26 9% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Baird Timothy Wojs 54% 1-year accuracy 25 / 46 met price target

9% upside $26

Neutral Maintained

30 Oct 2024