Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
PLOW logo PLOW
Upturn stock ratingUpturn stock rating
PLOW logo

Douglas Dynamics Inc (PLOW)

Upturn stock ratingUpturn stock rating
$23.26
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: PLOW (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

ratingratingratingratingrating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -25.83%
Avg. Invested days 28
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 537.27M USD
Price to earnings Ratio 9.86
1Y Target Price 33.67
Price to earnings Ratio 9.86
1Y Target Price 33.67
Volume (30-day avg) 163905
Beta 1.19
52 Weeks Range 20.37 - 29.93
Updated Date 04/1/2025
52 Weeks Range 20.37 - 29.93
Updated Date 04/1/2025
Dividends yield (FY) 5.08%
Basic EPS (TTM) 2.36

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 9.88%
Operating Margin (TTM) 9.04%

Management Effectiveness

Return on Assets (TTM) 5.03%
Return on Equity (TTM) 22.65%

Valuation

Trailing PE 9.86
Forward PE 14.24
Enterprise Value 753620737
Price to Sales(TTM) 0.95
Enterprise Value 753620737
Price to Sales(TTM) 0.95
Enterprise Value to Revenue 1.32
Enterprise Value to EBITDA 7.03
Shares Outstanding 23098400
Shares Floating 22415544
Shares Outstanding 23098400
Shares Floating 22415544
Percent Insiders 3.09
Percent Institutions 94.02

Analyst Ratings

Rating 4
Target Price 32.33
Buy -
Strong Buy 1
Buy -
Strong Buy 1
Hold 1
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Douglas Dynamics Inc

stock logo

Company Overview

overview logo History and Background

Douglas Dynamics, Inc. was founded in 1948. Initially a small welding shop, it evolved into a leading manufacturer of snow and ice control equipment and other attachments.

business area logo Core Business Areas

  • Work Truck Attachments: Designs, manufactures, and sells snow and ice control attachments and related parts for light trucks, including snowplows, sand and salt spreaders, and related accessories.
  • Solutions: Develops and delivers innovative connected solutions for operators and fleet managers. These are often software or data driven services.

leadership logo Leadership and Structure

The leadership team is headed by Linda Evans as President and CEO. The organizational structure includes departments for engineering, manufacturing, sales, marketing, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Snowplows: Snowplows for light-duty trucks. Competitors include Buyers Products, Boss Products, and Western Products. Market share is estimated to be a leader in the US. No specific revenue for snowplows is available.
  • Sand and Salt Spreaders: Sand and salt spreaders for ice control on roads and other surfaces. Competitors include Buyers Products and Henderson Products. Market leadership position with meaningful market share. No specific revenue for spreaders is available.
  • Decks and Ramps: Decks, ramps, and storage solutions to improve productivity. Market leadership position with meaningful market share. No specific revenue for Decks, Ramps, and Storage solutions is available.
  • Connected Solutions: Innovative connected solutions for operators and fleet managers. This is a new addition to the company and offers recurring revenue.

Market Dynamics

industry overview logo Industry Overview

The snow and ice control equipment industry is influenced by weather patterns, government spending on infrastructure, and the demand for commercial snow removal services. The overall work truck attachment market is stable but subject to seasonal demand.

Positioning

Douglas Dynamics is a leading player in the snow and ice control equipment market. Its competitive advantages include a strong brand reputation, extensive distribution network, and innovative product development.

Total Addressable Market (TAM)

The TAM for snow and ice control equipment is estimated to be in the hundreds of millions of dollars annually, with the broader work truck attachment market being significantly larger. Douglas Dynamics is positioned to capture a substantial portion of this market through its diverse product portfolio.

Upturn SWOT Analysis

Strengths

  • Strong brand recognition
  • Extensive distribution network
  • Innovative product development
  • Leading market position in core segments
  • Durable Competitive Advantage

Weaknesses

  • Seasonal revenue fluctuations
  • Dependence on weather conditions
  • Vulnerable to raw material price increases
  • Concentrated customer base

Opportunities

  • Expansion into new geographic markets
  • Development of new products and services
  • Strategic acquisitions
  • Growth in connected solutions and recurring revenue streams

Threats

  • Economic downturns impacting construction and municipal spending
  • Increased competition from lower-cost manufacturers
  • Changes in weather patterns
  • Fluctuations in raw material prices

Competitors and Market Share

competitor logo Key Competitors

  • Buyers Products (Private)
  • Alamo Group Inc (ALG)
  • Federal Signal Corporation (FSS)

Competitive Landscape

Douglas Dynamics holds an advantage with its established brand. Competing against larger players in the equipment and municipality services sector presents challenges, including pricing and marketing.

Major Acquisitions

Henderson Products

  • Year: 2017
  • Acquisition Price (USD millions): 85
  • Strategic Rationale: Expanded product portfolio and market reach in snow and ice control.

Growth Trajectory and Initiatives

Historical Growth: Growth has been driven by a combination of organic expansion and strategic acquisitions.

Future Projections: Future growth is projected to come from new product development, geographic expansion, and growth in connected solutions.

Recent Initiatives: Recent initiatives include investments in new product development, expansion of the distribution network, and acquisitions of companies in complementary markets.

Summary

Douglas Dynamics is a solid company with a leading position in its niche market. It is vulnerable to weather patterns which impacts its revenue and raw material price increases. It has strong brand recognition and distribution network that benefits it. However, it must continue to innovate and expand into new markets to maintain its position and overcome some of these limitations.

Similar Companies

ALGratingrating

Alamo Group Inc

$179.73
Mid-Cap Stock
0%
PASS

ALGratingrating

Alamo Group Inc

$179.73
Mid-Cap Stock
0%
PASS

FSSratingrating

Federal Signal Corporation

$75.03
Mid-Cap Stock
0%
PASS

FSSratingrating

Federal Signal Corporation

$75.03
Mid-Cap Stock
0%
PASS

Sources and Disclaimers

Data Sources:

  • Company filings
  • Industry reports
  • Market research
  • Company website

Disclaimers:

This analysis is based on available information and general market understanding. It is not financial advice. Actual performance may vary.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Douglas Dynamics Inc

Exchange NYSE
Headquaters Milwaukee, WI, United States
IPO Launch date 2010-05-05
President, CEO & Director Mr. Mark Van Genderen
Sector Consumer Cyclical
Industry Auto Parts
Full time employees 1673
Full time employees 1673

Douglas Dynamics, Inc. operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America. It operates through two segments, Work Truck Attachments and Work Truck Solutions. The Work Truck Attachments segment manufactures and sells snow and ice control attachments, including snowplows, and sand and salt spreaders for light trucks and heavy duty trucks, as well as various related parts and accessories. The Work Truck Solutions segment primarily manufactures municipal snow and ice control products; provides truck and vehicle upfits where it attaches component pieces of equipment, truck bodies, racking, and storage solutions to a vehicle chassis for use by end users for work related purposes; and manufactures storage solutions for trucks and vans, and cable pulling equipment for trucks. This segment offers up-fit and storage solutions. It also provides customized turnkey solutions to governmental agencies, such as Departments of Transportation and municipalities. The company sells its products under the FISHER, SNOWEX, WESTERN, TURFEX, SWEEPEX, HENDERSON, BRINEXTREME, and DEJANA brands. It distributes its products primarily to professional snowplowers who are contracted to remove snow and ice from commercial and residential areas. Douglas Dynamics, Inc. was founded in 1946 and is headquartered in Milwaukee, Wisconsin.

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!​