Added to YB: 2024-11-14
Pitch date: 2024-11-12
PLOW [bullish]
Douglas Dynamics, Inc.
+72.78%
current return
Author Info
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Company Info
Douglas Dynamics, Inc. operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America.
Market Cap
$973.5M
Pitch Price
$24.31
Price Target
46.37 (+10%)
Dividend
2.79%
EV/EBITDA
13.07
P/E
24.15
EV/Sales
2.05
Sector
Machinery
Category
turnaround
Douglas Dynamics: Call Mr. Plow
PLOW: Leader in work truck attachments facing temporary setback due to low snowfall. 32% stock drop, but poised for recovery. Cost-saving initiatives yielding $9M savings in 2024, $11-12M annually after. Trades at 8x EV/EBITDA, 11x P/E vs 10yr avg 12x, 20x. 52-82% upside potential. Risks: prolonged low snowfall, competition, economic slowdown.
Read full article (4 min)