Top 10 Auto Parts Stocks That Could Surge On Trump’s Auto Tariff Relaxation

7. Douglas Dynamics, Inc. (NYSE:PLOW)

Douglas Dynamics, Inc. is an upfitter and manufacturer of equipment and commercial work truck attachments. The company operates in the Work Truck Solutions and Work Truck Attachments segments. It supplies its products under different brands, including SNOWEX, SWEEPEX, BRINEXTREME, FISHER, and others.

In the most recent quarter’s earnings, the firm reported mixed results. It managed to beat the consensus estimates of Non-GAAP EPS but missed revenue expectations. Despite this miss, revenue growth came in at 6.9% YoY. Significant improvement was seen in the free cash flow for 2024 as compared to 2023.

According to the guidance, the company expects net sales to be in the range of  $610 million and $650 million. Adjusted EPS is anticipated to be between $1.30 to $2.10.

The company is covered by 2 Wall Street analysts with price targets of $30 and $39. At current levels, the stock is undervalued, and to lock in future gains, investors should not let go of this compelling investment opportunity.