Sectors & Industries Consumer CyclicalAuto Parts
Best Auto Part Stocks to Buy Now (2024)
Top auto part stocks in 2024 ranked by overall Zen Score. See the best auto part stocks to buy now, according to analyst forecasts for the auto parts industry.

Industry: Auto Parts

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
MGA	MAGNA INTERNATIONAL INC	$49.12	1,110,531	-21.34%	48.85	50.44	52.68	54.58	55.18	39.52	27.28	30.32	60.73	63.76	-1.25	-1.26	0.01	1.27
ALV	AUTOLIV INC	$122.29	1,500,031	75.44%	116.77	117.74	117.59	111.82	104.36	61.97	47.85	45.62	69.87	67.32	0.02	-0.19	0.21	1.21
LEA	LEAR CORP	$136.47	710,594	-3.50%	133.16	136.84	138.67	137.07	138.06	49.29	34.80	30.17	57.28	49.72	-1.73	-1.72	-0.00	1.26
XPEL	XPEL INC	$54.74	110,675	-44.05%	53.67	55.95	53.73	53.13	60.84	50.52	43.19	41.20	43.03	41.97	0.00	0.28	-0.27	1.08
MLR	MILLER INDUSTRIES INC	$49.08	20,854	-44.18%	49.63	50.58	48.12	44.55	41.60	47.32	14.41	21.13	4.68	11.37	0.24	0.64	-0.40	0.73
MOD	MODINE MANUFACTURING CO	$96.74	793,858	-7.10%	89.03	91.50	89.81	76.13	60.17	61.59	69.85	54.33	77.31	59.65	0.31	0.16	0.15	1.29
GNTX	GENTEX CORP	$34.71	2,150,577	34.64%	34.21	34.91	35.65	34.12	32.82	46.79	52.14	49.15	80.67	77.01	-0.33	-0.38	0.05	0.95
DAN	DANA INC	$12.48	1,283,880	33.67%	12.18	12.34	12.36	13.09	14.01	53.02	57.24	57.84	59.97	61.65	-0.03	-0.06	0.03	1.72
BWA	BORGWARNER INC	$33.19	1,825,533	13.33%	32.84	33.78	32.64	33.28	36.37	49.13	37.27	38.84	36.61	38.01	-0.06	0.05	-0.12	1.04
ALSN	ALLISON TRANSMISSION HOLDINGS INC	$74.49	1,655,778	104.23%	79.24	80.53	77.64	68.08	62.74	31.76	38.52	37.79	20.77	24.01	0.23	1.02	-0.80	0.78
DORM	DORMAN PRODUCTS INC	$89.23	43,464	-46.43%	88.92	91.93	90.87	86.17	81.87	44.22	20.31	19.96	27.30	27.98	-0.90	-0.46	-0.44	0.74
VC	VISTEON CORP	$112.19	439,424	-44.63%	108.97	111.00	113.69	117.24	125.83	51.75	59.62	49.54	90.47	79.18	-1.22	-1.54	0.32	1.33
HLLY	HOLLEY INC	$4.00	210,852	-48.42%	4.13	4.26	4.32	4.52	4.84	32.84	9.29	12.31	0.96	8.74	-0.08	-0.06	-0.02	0.99
CAAS	CHINA AUTOMOTIVE SYSTEMS INC	$3.53	11,343	-59.63%	3.57	3.64	3.45	3.41	3.73	48.53	31.78	35.66	12.95	16.86	0.03	0.05	-0.02	0.41
LKQ	LKQ CORP	$43.64	2,390,774	-0.56%	46.35	48.87	50.63	48.88	49.54	30.37	18.47	14.70	30.90	24.18	-2.03	-1.26	-0.77	1.19
MBLY	MOBILEYE GLOBAL INC	$29.20	5,590,839	2.86%	30.54	31.18	29.11	31.49	34.88	42.08	39.51	34.56	28.21	27.58	0.08	0.36	-0.28	1.36
ADNT	ADIENT PLC	$30.42	1,008,751	8.64%	29.02	30.10	32.34	33.43	35.36	48.61	51.21	40.76	96.17	83.11	-0.90	-1.06	0.16	1.83
CVGI	COMMERCIAL VEHICLE GROUP INC	$6.18	39,469	-50.93%	6.25	6.32	6.37	6.51	7.34	44.09	21.90	26.38	10.64	21.07	-0.04	-0.03	-0.02	1.19
STRT	STRATTEC SECURITY CORP	$23.00	151	-97.81%	22.50	23.47	23.87	23.99	23.43	47.41	35.23	25.00	46.62	30.70	-0.39	-0.34	-0.05	0.66
AEVA	AEVA TECHNOLOGIES INC	$3.09	187,082	-13.65%	3.11	3.55	4.38	4.34	4.28	36.85	16.89	16.74	32.05	27.71	-0.39	-0.38	-0.01	0.99
APTV	APTIV PLC	$71.21	2,108,134	30.25%	70.63	73.49	76.47	80.13	87.87	41.20	20.43	18.29	36.40	29.18	-2.08	-1.96	-0.11	1.47
INVZ	INNOVIZ TECHNOLOGIES LTD	$1.18	1,306,239	72.65%	1.05	1.22	1.37	1.72	1.97	46.93	24.98	13.43	53.85	28.83	-0.11	-0.10	-0.00	1.41
HYLN	HYLIION HOLDINGS CORP	$1.26	742,984	-11.14%	1.29	1.44	1.54	1.23	1.17	38.36	6.34	4.79	10.68	4.56	-0.09	-0.06	-0.02	0.94
FOXF	FOX FACTORY HOLDING CORP	$40.45	411,973	-30.46%	40.74	43.59	48.96	57.09	75.26	31.53	11.80	8.31	15.67	7.55	-2.83	-2.85	0.02	1.36
KNDI	KANDI TECHNOLOGIES GROUP INC	$2.61	87,462	-38.18%	2.48	2.29	2.35	2.54	2.95	63.85	64.50	59.19	82.48	79.87	0.09	0.03	0.06	0.94
HSAI	HESAI GROUP	$4.40	541,155	131.91%	1.04	1.15	1.51	1.99	3.98	26.77	4.15	5.72	0.00	14.86	-0.17	-0.15	-0.02	1.57
SMP	STANDARD MOTOR PRODUCTS INC	$32.46	96,910	-28.14%	32.38	32.80	32.99	36.32	35.84	46.29	38.97	43.87	51.17	58.35	-0.23	-0.28	0.06	0.81
PLOW	DOUGLAS DYNAMICS INC	$22.38	215,459	-16.28%	22.05	22.69	23.63	25.63	27.65	43.50	41.96	35.17	82.88	66.92	-0.46	-0.53	0.07	0.95
MNRO	MONRO INC	$27.79	413,676	-13.64%	29.41	29.99	30.85	30.71	30.74	34.39	14.50	29.42	18.01	42.75	-0.53	-0.35	-0.18	0.93
WKSP	WORKSPORT LTD	$0.49	1,076,819	68.33%	2.68	2.90	3.07	3.78	4.65	31.51	12.61	8.05	6.66	2.22	-0.22	-0.13	-0.09	0.59
THRM	GENTHERM INC	$50.59	105,321	-16.84%	50.50	52.63	54.24	51.65	52.87	39.84	18.62	17.20	23.56	18.95	-1.22	-0.99	-0.23	1.16
WPRT	WESTPORT FUEL SYSTEMS INC	$5.69	47,987	135.08%	5.73	5.99	6.08	6.25	6.74	40.32	11.29	13.57	14.75	22.21	-0.15	-0.12	-0.03	1.65
SES	SES AI CORP	$1.36	504,128	-1.80%	1.37	1.45	1.52	1.60	1.95	46.15	21.38	17.24	34.30	27.22	-0.07	-0.05	-0.02	1.28
LAZR	LUMINAR TECHNOLOGIES INC	$1.44	4,313,989	-6.84%	1.35	1.59	1.88	2.37	3.62	41.29	25.44	22.97	60.20	52.61	-0.16	-0.18	0.01	1.04
SRI	STONERIDGE INC	$15.78	100,909	-30.86%	15.50	16.36	17.04	17.56	18.25	42.99	17.62	12.52	36.93	29.32	-0.53	-0.48	-0.05	1.15
GGR	GOGORO INC	$1.54	88,197	14.56%	1.49	1.58	1.61	1.97	2.40	46.40	36.67	33.27	59.34	50.63	-0.05	-0.05	-0.00	1.00
FRSX	FORESIGHT AUTONOMOUS HOLDINGS LTD	$1.08	10,487	37.77%	1.08	1.12	1.08	1.12	1.67	48.12	32.93	27.40	38.66	30.84	-0.01	0.00	-0.01	1.06
LIDR	AEYE INC	$0.99	41,716	-13.93%	1.01	1.13	1.31	1.69	4.43	38.20	19.82	22.09	32.07	35.14	-0.10	-0.10	-0.01	1.24
MPAA	MOTORCAR PARTS OF AMERICA INC	$5.73	89,454	46.85%	5.52	6.33	7.68	8.49	8.37	34.10	23.13	19.84	91.09	78.59	-0.66	-0.68	0.02	1.07
QS	QUANTUMSCAPE CORP	$5.39	8,871,637	-27.27%	5.42	5.72	5.95	6.60	6.85	42.79	22.67	23.62	22.36	23.38	-0.20	-0.17	-0.03	1.94
ALLG	ALLEGO NV	$1.20	91,471	146.56%	1.10	1.16	1.02	1.09	1.58	57.86	76.32	52.58	100.00	77.86	0.03	0.03	0.00	0.88
SYPR	SYPRIS SOLUTIONS INC	$1.40	42,046	-28.44%	1.56	1.62	1.71	1.87	1.91	28.50	17.47	15.41	0.00	2.45	-0.08	-0.06	-0.02	0.58
PHIN	PHINIA INC	$38.85	436,239	-33.09%	1.09	1.22	1.36	1.63	3.78	38.58	26.11	26.70	76.45	72.47	-0.09	-0.09	-0.00	1.02
ECX	ECARX HOLDINGS INC	$1.64	45,262	633.23%	1.60	1.74	2.07	2.31	3.15	39.34	19.85	15.44	62.09	42.43	-0.14	-0.14	0.01	0.20
GTX	GARRETT MOTION INC	$9.83	1,157,735	-70.98%	9.52	9.68	9.64	9.16	8.37	56.26	82.84	74.67	88.99	83.49	0.03	0.00	0.03	0.90
AXL	AMERICAN AXLE & MANUFACTURING HOLDINGS INC	$7.52	811,243	-34.13%	7.23	7.24	7.11	7.62	7.59	59.19	84.19	79.77	89.51	86.42	0.07	0.03	0.05	1.87
CPS	COOPER-STANDARD HOLDINGS INC	$16.00	46,877	-25.67%	15.56	16.27	15.32	16.44	16.04	50.88	16.91	13.38	12.18	9.59	-0.05	0.09	-0.14	1.87
GT	GOODYEAR TIRE & RUBBER CO	$11.84	2,460,123	10.90%	11.93	12.50	12.48	13.22	13.22	38.46	13.34	14.05	18.92	21.01	-0.29	-0.21	-0.08	1.45
SUP	SUPERIOR INDUSTRIES INTERNATIONAL INC	$4.02	63,831	154.88%	3.79	3.70	3.35	3.25	3.21	61.77	34.18	37.71	8.65	6.04	0.17	0.18	-0.00	1.26
CREV	CARBON REVOLUTION PUBLIC LTD CO	$14.10	1,003	-80.88%	14.43	14.86	14.27	19.73	17.97	46.08	27.57	27.03	34.74	30.47	-0.41	-0.32	-0.08	0.19

Auto Part Stocks FAQ

What are the best auto part stocks to buy right now in Apr 2024?

According to Zen Score, the 3 best auto part stocks to buy right now are:

1. Magna International (NYSE:MGA)

Magna International (NYSE:MGA) is the top auto part stock with a Zen Score of 59, which is 26 points higher than the auto part industry average of 33. It passed 21 out of 38 due diligence checks and has strong fundamentals. Magna International has seen its stock lose -5.39% over the past year.

Magna International has an average 1 year price target of $62.80, an upside of 27.85% from Magna International's current stock price of $49.12.

Magna International stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Magna International, 40% have issued a Strong Buy rating, 0% have issued a Buy, 60% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Autoliv (NYSE:ALV)

Autoliv (NYSE:ALV) is the second best auto part stock with a Zen Score of 58, which is 25 points higher than the auto part industry average of 33. It passed 21 out of 38 due diligence checks and has strong fundamentals. Autoliv has seen its stock return 42.51% over the past year, overperforming other auto part stocks by 48 percentage points.

Autoliv has an average 1 year price target of $122.75, an upside of 0.38% from Autoliv's current stock price of $122.29.

Autoliv stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Autoliv, 25% have issued a Strong Buy rating, 0% have issued a Buy, 75% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Xpel (NASDAQ:XPEL)

Xpel (NASDAQ:XPEL) is the third best auto part stock with a Zen Score of 55, which is 22 points higher than the auto part industry average of 33. It passed 18 out of 33 due diligence checks and has strong fundamentals. Xpel has seen its stock lose -25.43% over the past year, underperforming other auto part stocks by -20 percentage points.

Xpel has an average 1 year price target of $74.00, an upside of 35.18% from Xpel's current stock price of $54.74.

Xpel stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Xpel, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the auto part stocks with highest dividends?

Out of 13 auto part stocks that have issued dividends in the past year, the 3 auto part stocks with the highest dividend yields are:

1. Douglas Dynamics (NYSE:PLOW)

Douglas Dynamics (NYSE:PLOW) has an annual dividend yield of 5.27%, which is 3 percentage points higher than the auto part industry average of 2.65%. Douglas Dynamics's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Douglas Dynamics's dividend has shown consistent growth over the last 10 years.

Douglas Dynamics's dividend payout ratio of 116.8% indicates that its high dividend yield might not be sustainable for the long-term.

2. Monro (NASDAQ:MNRO)

Monro (NASDAQ:MNRO) has an annual dividend yield of 4.03%, which is 1 percentage points higher than the auto part industry average of 2.65%. Monro's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Monro's dividend has shown consistent growth over the last 10 years.

Monro's dividend payout ratio of 103.7% indicates that its dividend yield might not be sustainable for the long-term.

3. Magna International (NYSE:MGA)

Magna International (NYSE:MGA) has an annual dividend yield of 3.78%, which is 1 percentage points higher than the auto part industry average of 2.65%. Magna International's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Magna International's dividend has shown consistent growth over the last 10 years.

Magna International's dividend payout ratio of 43.8% indicates that its dividend yield is sustainable for the long-term.

Why are auto part stocks up?

Auto part stocks were up 1.4% in the last day, and up 2.11% over the last week. Quantumscape was the among the top gainers in the auto parts industry, gaining 5.69% yesterday.

QuantumScape shares are trading, reversing from Thursday's weakness following Q1 earnings.

What are the most undervalued auto part stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued auto part stocks right now are:

1. Strattec Security (NASDAQ:STRT)

Strattec Security (NASDAQ:STRT) is the most undervalued auto part stock based on WallStreetZen's Valuation Score. Strattec Security has a valuation score of 86, which is 55 points higher than the auto part industry average of 31. It passed 6 out of 7 valuation due diligence checks.

Strattec Security's stock has gained 16.29% in the past year. It has overperformed other stocks in the auto part industry by 22 percentage points.

2. Dorman Products (NASDAQ:DORM)

Dorman Products (NASDAQ:DORM) is the second most undervalued auto part stock based on WallStreetZen's Valuation Score. Dorman Products has a valuation score of 71, which is 40 points higher than the auto part industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Dorman Products's stock has gained 7.08% in the past year. It has overperformed other stocks in the auto part industry by 13 percentage points.

3. Borgwarner (NYSE:BWA)

Borgwarner (NYSE:BWA) is the third most undervalued auto part stock based on WallStreetZen's Valuation Score. Borgwarner has a valuation score of 71, which is 40 points higher than the auto part industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Borgwarner's stock has dropped -31.13% in the past year. It has underperformed other stocks in the auto part industry by -26 percentage points.

Are auto part stocks a good buy now?

40.63% of auto part stocks rated by analysts are a buy right now. On average, analysts expect auto part stocks to rise by 25.95% over the next year.

What is the average p/e ratio of the auto parts industry?

The average P/E ratio of the auto parts industry is -143.88x.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.