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Investing.com - DA Davidson has reiterated its Buy rating and $34.00 price target on Douglas Dynamics (NYSE:PLOW) following the company’s second-quarter 2025 results that significantly exceeded expectations. According to InvestingPro data, the company appears undervalued, with analyst targets ranging from $30 to $39, suggesting potential upside. The stock currently trades at an attractive P/E ratio of 10.9x.
The winter equipment manufacturer reported revenues that beat DA Davidson’s model by 7%, while EBITDA surpassed projections by 19%. With trailing twelve-month revenue of $587.9 million and EBITDA of $72.4 million, the company’s Solutions business achieved record performance with low-to-mid-teens Adjusted EBITDA margins for the first time.
Douglas Dynamics raised its full-year 2025 guidance despite ongoing tariff and macroeconomic uncertainties. The updated outlook comes as the company prepares to enter its snow and ice equipment shipping season.
The guidance increase follows strong year-to-date performance in the company’s Solutions segment, which contributed significantly to the overall quarterly results.
DA Davidson noted that while market conditions remain unpredictable, Douglas Dynamics appears to be performing better than most companies in its sector during the current economic environment.
In other recent news, Douglas Dynamics reported strong financial results for the first quarter of 2025. The company achieved earnings per share of $0.09, surpassing analysts’ forecast of a loss of $0.05. Additionally, Douglas Dynamics’ revenue reached $115.1 million, exceeding the expected $107.81 million. DA Davidson maintained a Buy rating on Douglas Dynamics’ stock, with a consistent price target of $32.00, highlighting the company’s impressive performance despite tariff and macroeconomic uncertainties. The firm noted that Douglas Dynamics did not change its guidance for the year, possibly due to the unpredictable nature of the upcoming winter season. Furthermore, Douglas Dynamics announced a quarterly cash dividend of $0.295 per share for the second quarter of 2025. Stockholders of record on June 17, 2025, will receive the dividend payment on June 30, 2025. These recent developments reflect the company’s ongoing commitment to delivering value to its shareholders.
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