Douglas Dynamics, Inc. (PLOW) Hit a 52 Week High, Can the Run Continue?

Company Performance - Douglas Dynamics (PLOW) shares have increased by 11.4% over the past month, reaching a new 52-week high of $32.41 [1] - The stock has gained 36.5% since the beginning of the year, outperforming the Zacks Auto-Tires-Trucks sector, which declined by 8.2%, and the Zacks Automotive - Replacement Parts industry, which fell by 4.2% [1] Earnings and Revenue - Douglas Dynamics has consistently beaten earnings estimates, reporting an EPS of $1.14 against a consensus estimate of $0.84 in its last earnings report [2] - For the current fiscal year, the company is expected to post earnings of $2.16 per share on revenues of $644.1 million, reflecting a 46.94% increase in EPS and a 13.3% increase in revenues [3] - For the next fiscal year, earnings are projected to be $2.34 per share on revenues of $673.9 million, indicating year-over-year changes of 8.33% and 4.63%, respectively [3] Valuation Metrics - Douglas Dynamics has a Value Score of A, with Growth and Momentum Scores of B and D, respectively, resulting in a VGM Score of A [6] - The stock trades at 14.9 times current fiscal year EPS estimates, which is a premium compared to the peer industry average of 14.4 times [7] - On a trailing cash flow basis, the stock trades at 15.2 times, while the peer group's average is 8.5 times, and it has a PEG ratio of 1.07, positioning it favorably for value investors [7] Zacks Rank - Douglas Dynamics holds a Zacks Rank of 2 (Buy) due to rising earnings estimates, aligning with the recommendation for investors to select stocks with Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B [8] Industry Comparison - In comparison to industry peers, Standard Motor Products, Inc. (SMP) also shows strong performance with a Zacks Rank of 2 (Buy) and a Value Score of A [9] - SMP is expected to post earnings of $3.67 per share on revenue of $1.74 billion for the current fiscal year, having beaten consensus estimates by 32.99% last quarter [10] - SMP shares have gained 23.6% over the past month, trading at a forward P/E of 10.96 times and a P/CF of 8.41 times, indicating potential for both PLOW and SMP despite the Automotive - Replacement Parts industry's overall ranking in the bottom 71% [11]