PLOW Stock Summary and Trading Ideas (Douglas Dynamics | NYSE:PLOW)

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.

Douglas Dynamics trades on the NYSE stock market under the symbol PLOW.

As of April 18, 2024, PLOW stock price climbed to $22.01 with 258,607 million shares trading.

PLOW has a beta of 0.73, meaning it tends to be less sensitive to market movements. PLOW has a correlation of 0.08 to the broad based SPY ETF.

PLOW has a market cap of $505.88 million. This is considered a Small Cap stock.

Last quarter Douglas Dynamics reported $134 million in Revenue and $.19 earnings per share. This beat revenue expectation by $35 million and missed earnings estimates by -$.40.

In the last 3 years, PLOW stock traded as high as $47.39 and as low as $21.42.

The top ETF exchange traded funds that PLOW belongs to (by Net Assets): VTI, IWM, VXF, SMDV, AIRR.

PLOW has underperformed the market in the last year with a price return of -22.3% while the SPY ETF gained +22.3%. PLOW has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -14.5% and -8.6%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

PLOW support price is $21.37 and resistance is $22.25 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PLOW stock will trade within this expected range on the day.