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MILWAUKEE—Jon J. Sisulak, the Controller at Douglas Dynamics, Inc. (NYSE:PLOW), a company with a market capitalization of $571 million and currently trading at $24.68, recently sold shares of the company’s common stock, according to a filing with the Securities and Exchange Commission. InvestingPro analysis indicates the stock is currently undervalued based on its Fair Value assessment. The transaction, executed on March 10, involved the sale of 837 shares at a price of $25.81 per share, totaling $21,602.
Following this transaction, Sisulak holds 13,186 shares in the company. The sale was conducted under a Rule 10b5-1 trading plan, which was adopted by Sisulak on November 11, 2022. Rule 10b5-1 plans allow company insiders to set up a predetermined schedule for selling stocks to avoid concerns about insider trading.
In other recent news, Douglas Dynamics reported its fourth-quarter 2024 earnings, which revealed a mixed financial performance. The company missed analyst expectations with an earnings per share (EPS) of $0.39, falling short of the forecasted $0.5133, and revenue of $143.55 million, which was below the anticipated $168.77 million. Despite these misses, Douglas Dynamics demonstrated robust profitability, with net income surging to $56.2 million, driven by a 9% increase in gross profit and significant cost savings initiatives exceeding $10 million in 2024. DA Davidson maintained a Buy rating on Douglas Dynamics, highlighting the company’s fourth-quarter performance, which surpassed expectations in terms of Adjusted EBITDA, despite revenue falling short.
The firm noted that Adjusted EBITDA margins outperformed estimates by about 300 basis points. Douglas Dynamics’ guidance for 2025 aligns with consensus expectations, with projected net sales between $610 million and $650 million and adjusted EPS ranging from $1.30 to $2.10. The company anticipates low double-digit top-line growth and stable to slightly improving margins. Additionally, Douglas Dynamics’ management expressed confidence in the company’s ability to maintain its financial health, with a focus on potential small and medium-sized acquisitions if opportunities arise. Investors will likely keep an eye on the company’s performance, especially in relation to weather patterns that could influence the Attachments segment’s revenue.
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