How to Buy Douglas Dynamics Stock
Douglas Dynamics Inc
Douglas Dynamics is a auto part company located in Wisconsin, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker PLOW on the NYSE exchange.
Douglas Dynamics stock last closed at $22.38, up 0.67% from the previous day, and has decreased 23.25% in one year. It has underperformed other stocks in the Auto Parts industry by 0.18 percentage points. Douglas Dynamics stock is currently +4.48% from its 52-week low of $21.42, and -36.76% from its 52-week high of $35.39.
There are currently 22.98M shares of PLOW outstanding. The market value of PLOW is $514.38M. In the past 24 hours, 215,459 PLOW shares were traded.
How to Buy Douglas Dynamics Stock
Not sure how to invest in Douglas Dynamics stock? Here's how.
- Figure out where to buy Douglas Dynamics stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Douglas Dynamics stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Select your payment method and add your details.
- Research Douglas Dynamics stock: The Douglas Dynamics ticker symbol is PLOW. Is Douglas Dynamics stock a good investment? Should you buy shares of PLOW? How do PLOW's underlying business fundamentals look? Do top analysts think Douglas Dynamics is a good buy? Why has PLOW's stock price moved recently? (Hint: Our stock research tools can help you evaluate if PLOW is a good stock to buy).
- Make your PLOW trade: Decide if you will purchase PLOW shares at the current market price or use a limit order to buy PLOW shares at a specific price.
- Monitor your PLOW position: Create a watchlist to monitor your new investment in Douglas Dynamics stock.
Step 1: Figure out where to buy Douglas Dynamics stock
You will need a brokerage account to access the NYSE market and buy PLOW stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best place to buy stocks. Here's why:
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Get $10 towards your purchase of stock by signing up for an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal information so you are able to buy PLOW stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create your new trading account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've finished signing up on stock market apps, you need to deposit funds:
Watch the video below if you need help depositing funds into your new investment account.
Step 4: Research Douglas Dynamics stock
After you have figured out the best place to buy Douglas Dynamics stock, it's critical to evaluate their stock prior to investing, so you actually understand the risk and opportunity.
Douglas Dynamics Numbers
Douglas Dynamics Due Diligence Checks
WallStreetZen was created to help everyday investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on PLOW's stock page.
Is PLOW stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PLOW's intrinsic value.
Using relative valuations methods:
- PLOW may be undervalued based on its P/E ratio of 22.16x, relative to Auto Parts industry P/E ratio of -143.88x
- PLOW may be overvalued based on its P/B ratio of 2.22x, relative to Auto Parts industry P/B ratio of 1.78x
You can access more valuation analysis on PLOW's stock here.
How do PLOW Financials look?
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the PLOW balance sheet.
- There are more short-term assets than short-term liabilities on the PLOW balance sheet.
Failed Financial Due Diligence Checks:
- Total PLOW debt is higher than 5 years ago, relative to shareholder equity.
- PLOW has a relatively high debt to equity ratio of 1.56.
- PLOW's operating cash flow of $12.47M allows it to safely service it's debt of $256.70M.
- PLOW profit margin has gone down from 6.3% to 4.2% in the past year.
- PLOW earnings of $44.91M is not enough to cover its interest payments.
Is PLOW stock a Buy, Hold, or Sell, according to analysts?
Out of 1 Wall Street analysts who track PLOW, the consensus analyst rating on Douglas Dynamics is a Hold
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Douglas Dynamics stock forecast page.
PLOW Momentum
Is PLOW Growing Revenue?
Last year, PLOW earnings were $23.72M. During the past five year, PLOW's earnings have gone up by -11.96% per year. This was slower than the Auto Parts industry average of 5.12%.
Last year, PLOW revenue was $568.18M. In the last 5 year, PLOW's revenue has gone up by 1.63% per year. This was slower than the Auto Parts industry average of 9.17%.
You can research PLOW's earnings and revenue performance here.
Are PLOW executives and large shareholders buying or selling the stock?
Over the last 12 months, insiders at PLOW have sold more shares than they have bought.
Linda R. Evans, CHRO of PLOW, was the latest PLOW insider to sell. They sold $37,988.71 worth of PLOW shares on Mar 11, 2024.
Learn more about who owns PLOW stock here.
Can I rely on PLOW as an income stream?
Douglas Dynamics pays a dividend of 5.27%, compared to the Auto Parts industry's average dividend yield of 2.65%. If you owned $1,000 of PLOW stock, you would have been paid $52.73 in the past year.
Douglas Dynamics dividend payments have consistently grown over the past decade and have remained stable.
Find more info about Douglas Dynamics dividend yield and history here.
Get analysis from other investors
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your PLOW trade
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, use a limit order.
Click the Open Trade button and your broker will execute your order.
If you need more help buying stocks on eToro, watch the helpful video below:
Step 6: Monitor your PLOW position
Now that you own some shares in PLOW, you'll want to keep up with your new stock purchase.
Put PLOW on a watchlist to track the most important metrics related to your PLOW stock.
PLOW Feed
How to Buy Stock in Douglas Dynamics
To reiterate, here are the 6 steps to buy stock in Douglas Dynamics:
- Figure out where to buy Douglas Dynamics stock
- Open a brokerage account
- Deposit money your brokerage account
- Research Douglas Dynamics stock
- Make your PLOW trade
- Monitor your PLOW position
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Douglas Dynamics, create a watchlist on WallStreetZen today.
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