Last $45.82 USD
Change Today -1.46 / -3.09%
Volume 411.0K
DW On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

drew industries inc (DW) Snapshot

Open
$47.28
Previous Close
$47.28
Day High
$47.28
Day Low
$45.59
52 Week High
04/1/14 - $55.35
52 Week Low
08/1/14 - $40.38
Market Cap
1.1B
Average Volume 10 Days
169.2K
EPS TTM
$2.58
Shares Outstanding
23.6M
EX-Date
12/18/13
P/E TM
17.8x
Dividend
--
Dividend Yield
4.37%
Current Stock Chart for DREW INDUSTRIES INC (DW)

drew industries inc (DW) Related Businessweek News

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drew industries inc (DW) Details

Drew Industries Incorporated, through its subsidiaries, manufactures and sells components for recreational vehicles and manufactured homes in the United States. It operates through two segments, Recreational Vehicle (RV) Products and Manufactured Housing (MH) Products. The Recreational Vehicle Products segment manufactures and markets various products used primarily in the production of RVs, including steel chassis for towable RVs; axles and suspension solutions for towable RVs; slide-out mechanisms and solutions; thermoformed bath, kitchen, and other products; manual, electric, and hydraulic stabilizer and leveling systems; aluminum windows and screens; chassis components; furniture and mattresses; entry, baggage, patio, and ramp doors; entry steps; awnings; and other accessories. The MH segment manufactures and markets various products that are used primarily in the production of manufactured homes; and modular housing and mobile office units, such as vinyl and aluminum windows and screens, thermoformed bath and kitchen products, steel and fiberglass entry doors, aluminum and vinyl patio doors, steel chassis, steel chassis parts, and axles. The company also supplies products to the RV aftermarket and to adjacent industries, including modular housing, truck caps, and buses, as well as for trailers used to haul boats, livestock, equipment, and other cargo. Drew Industries Incorporated was founded in 1962 and is headquartered in Elkhart, Indiana.

5,109 Employees
Last Reported Date: 02/28/14
Founded in 1962

drew industries inc (DW) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $800.0K
President
Total Annual Compensation: $550.0K
Chief Financial Officer and Treasurer
Total Annual Compensation: $460.0K
Chief Legal Officer, Vice President and Secre...
Total Annual Compensation: $305.8K
Compensation as of Fiscal Year 2013.

drew industries inc (DW) Key Developments

Drew Industries Inc. Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Capital Expenditure Guidance for the Year 2014 ; Announces Sales Results for the Month of July 2014

Drew Industries Inc. announced unaudited earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net sales of $321,783,000 compared to $287,192,000 a year ago. Operating profit was $29,149,000 compared to $25,708,000 a year ago. Income before income taxes was $29,075,000 compared to $25,623,000 a year ago. Net income was $10,457,000 or $0.77 per diluted share compared to $9,758,000 or $0.67 per diluted share a year ago. Capital expenditures were $11,088,000 compared to $8,607,000 a year ago. For the six months, the company reported net sales of $607,160,000 compared to $539,778,000 a year ago. Operating profit was $55,195,000 compared to $39,296,000 a year ago. Income before income taxes was $55,001,000 compared to $39,093,000 a year ago. Net income was $34,782,000 or $1.43 per diluted share compared to $24,237,000 or $1.03 per diluted share a year ago. Net cash flows provided by operating activities was $55,795,000 compared to $33,039,000 a year ago. Capital expenditures were $17,912,000 compared to $17,545,000 a year ago. At June 30, the company had $22 million of net debt and substantial remaining borrowing capacity. For the year 2014, the company expects capital expenditure to be in the range of $34 million to $38 million, Annual tax rate to be in the range of $37% to $38%. The company expects depreciation and amortization will be approximately $30 million to $32 million. In July 2014, The company's consolidated net sales reached approximately $98 million, 17% higher than July 2013, as a result of continued growth in the Company's RV Segment. Excluding the impact of acquisitions, the Company's net sales for July 2014 were up approximately 13%.

Drew Industries Seeks Acquisitions

Drew Industries Incorporated (NYSE:DW) is seeking acquisitions. Jason Lippert, Chief Executive Officer and Director of Drew Industries, said, "Our plans remain consistent with what has brought to Drew historical success, continued investment back into the business, growth through acquisitions, new and existing product development, diversification into adjacent markets, growth in existing products and focus on building meaningful long-term relationships with our valued customers suppliers and employers."

Drew Industries Incorporated, Q2 2014 Earnings Call, Aug 01, 2014

Drew Industries Incorporated, Q2 2014 Earnings Call, Aug 01, 2014

 

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Industry Analysis

DW

Industry Average

Valuation DW Industry Range
Price/Earnings 18.2x
Price/Sales 1.0x
Price/Book 3.0x
Price/Cash Flow 17.9x
TEV/Sales 1.0x
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