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Last $53.67 USD
Change Today -1.59 / -2.88%
Volume 82.6K
As of 8:04 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

drew industries inc (DW) Snapshot

Open
$54.32
Previous Close
$55.26
Day High
$54.44
Day Low
$53.48
52 Week High
05/18/15 - $63.64
52 Week Low
10/8/14 - $40.02
Market Cap
1.3B
Average Volume 10 Days
108.6K
EPS TTM
$2.80
Shares Outstanding
24.1M
EX-Date
03/25/15
P/E TM
19.2x
Dividend
--
Dividend Yield
3.73%
Current Stock Chart for DREW INDUSTRIES INC (DW)

drew industries inc (DW) Related Businessweek News

No Related Businessweek News Found

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 Products (RV) and Manufactured Housing (MH) Products. The RV 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; windows; manual, electric, and hydraulic stabilizer and leveling systems; chassis components; furniture and mattresses; entry, baggage, patio, and ramp doors; electric and manual entry steps; awnings and slide toppers; and other accessories and electronic components. The MH segment manufactures and markets various products that are used primarily in the production of manufactured homes, such as vinyl and aluminum windows and patio doors, thermoformed bath and kitchen products, steel and fiberglass entry doors, steel chassis and related components, and axles. The company also supplies products to the RV aftermarket and components for adjacent industries, including buses; trailers used to haul boats, livestock, equipment, and other cargo; modular housing; and factory-built mobile office units. Drew Industries Incorporated was founded in 1962 and is headquartered in Elkhart, Indiana.

5,845 Employees
Last Reported Date: 03/2/15
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 Legal Officer, Vice President and Secre...
Total Annual Compensation: $420.8K
Compensation as of Fiscal Year 2014.

drew industries inc (DW) Key Developments

Drew Industries Incorporated Announces Executive Changes

Drew Industries Incorporated announced that David M. Smith will be joining the Company as Chief Financial Officer, succeeding Joseph S. Giordano III, who served in that role since 2008. This transition is the result of a comprehensive search initiated by the Company in April 2015. Mr. Giordano will continue with the Company for an interim period to ensure an orderly transition. Smith, 52, has served for the past ten years as Senior Vice President and Chief Financial Officer of Key Safety Systems Inc. Commencing in 2009, Mr. Smith added the role of President of KSS' Specialty Products business, serving both roles concurrently. Prior to his tenure at KSS, he served as Chief Financial Officer at Key Plastics, LLC. In his role as Drew's Chief Financial Officer, Smith will lead the Company's finance functions, as well as manage relationships with shareholders, analysts and other key stakeholders.

Drew Industries Incorporated Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Full Year of 2015

Drew Industries Incorporated reported unaudited earnings results for the second quarter and six months ended June 30, 2015. For the six months, the company reported net sales of $723,542,000 compared to $607,160,000 a year ago. Operating profit was $65,472,000 compared to $55,195,000 a year ago. Income before income taxes was $64,668,000 compared to $55,001,000 a year ago. Net income was $40,942,000 compared to $34,782,000 a year ago. Diluted net income per share was $1.67 compared to $1.43 a year ago. Capital expenditures were $14,668,000 compared to $17,912,000 a year ago. Net cash flows provided by operating activities was $36,359,000 compared to $55,795,000 a year ago. For the second quarter, the company reported net sales of $362,085,000 compared to $321,783,000 a year ago. Operating profit was $33,634,000 compared to $29,149,000 a year ago. Income before income taxes was $33,019,000 compared to $29,075,000 a year ago. Net income was $20,869,000 compared to $18,618,000 a year ago. Diluted net income per share was $0.85 compared to $0.77 a year ago. Capital expenditures were $6,075,000 compared to $11,088,000 a year ago. The company provided earnings guidance for the full year of 2015. For the period, the company expects Capital expenditures to be in the range of $28 million to $32 million. Depreciation and amortization expected to be in the range of $39 million to $41 million. Annual tax rate expected to be of 37%.

Drew Industries Eyes Acquisitions

Drew Industries Incorporated (NYSE:DW) is looking for acquisitions. Acquisitions continue to remain a key component of the company's growth plans for the future.

 

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Industry Analysis

DW

Industry Average

Valuation DW Industry Range
Price/Earnings 19.8x
Price/Sales 1.0x
Price/Book 3.4x
Price/Cash Flow 19.5x
TEV/Sales 1.0x
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