Douglas Dynamics manufactures snow and ice control equipment for light and heavy duty trucks in the United States and Canada. The company was founded in 2004 and is based in Milwaukee, Wisconsin.
PLOW Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Douglas Dynamics Inc. To summarize, we found that Douglas Dynamics Inc ranked in the 28th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of Douglas Dynamics Inc, consider:
The company's balance sheet shows it gets 73% of its capital from equity, and 27% of its capital from debt. Notably, its equity weight is greater than 65% of US equities in the Consumer Cyclical sector yielding a positive free cash flow.
Douglas Dynamics Inc's weighted average cost of capital (WACC) is 11%; for context, that number is higher than 77.22% of tickers in our DCF set.
Douglas Dynamics Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -4.49. This coverage rate is greater than that of merely 12.54% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
SYPR, HAS, JACK, GM, and RH can be thought of as valuation peers to PLOW, in the sense that they are in the Consumer Cyclical sector and have a similar price forecast based on DCF valuation.
Douglas Dynamics (PLOW) declares $0.28/share quarterly dividend, in line with previous.Forward yield 2.8%Payable Sept. 30; for shareholders of record Sept. 18; ex-div Sept. 17.See PLOW Dividend Scorecard, Yield Chart, & Dividend Growth....
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Douglas Dynamics, L.L.C. New York, July 06, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Douglas Dynamics, L.L.C. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
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