Dorman Products (DORM) : Zacks Investment Research ranks Dorman Products (DORM) as 2, which is a Buy recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 2.2, which indicates as a Buy.
Dorman Products (DORM) : Currently there are 3 street experts covering Dorman Products (DORM) stock. The most bullish and bearish price target for the stock is $68 and $50 respectively for the short term. The average price target of all the analysts comes to $59.17. The estimated standard deviation from the target is $9.28.
Dorman Products, Inc. has dropped 0.05% in the last five trading days, however, the shares have posted positive gains of 10.39% in the last 4 weeks. Dorman Products, Inc. is up 15.41% in the last 3-month period. Year-to-Date the stock performance stands at 31.58%. Dorman Products (NASDAQ:DORM): stock turned positive on Tuesday. Though the stock opened at $62.13, the bulls momentum made the stock top out at $62.605 level for the day. The stock recorded a low of $61.715 and closed the trading day at $62.46, in the green by 0.94%. The total traded volume for the day was 123,358. The stock had closed at $61.88 in the previous days trading.
Dorman Products, Inc. (Dorman) is a supplier of replacement parts and fasteners for passenger cars, light trucks, and heavy duty trucks in the automotive aftermarket. The Company distributes and markets approximately 140,000 different stock keeping units (SKUs) of automotive replacement parts and fasteners. Approximately 85% of the Companys products are sold under brands that it owns and the remainders of its products are sold for resale under customers private labels, other brands or in bulk. The Company also generates revenues from the sale of parts that it packages for sale in bulk or under the private labels of parts manufacturers and national warehouse distributors. The Company groups its products into four classes: power-train, automotive body, chassis and hardware. Its sub-brands include DORMAN OE Solutions, DORMAN HELP!, DORMAN TECHoice, DORMAN AutoGrade, DORMAN Conduct-Tite!, DORMAN FirstStop and DORMAN HD Solutions.