Dorman Products Inc (NASDAQ: DORM) stock closed at $96.26 on 2/27/24 after a major increase of 15.9%. Moreover, trading volume in this advance was exceptionally high at 273% of normal. The stock has risen 17.1% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, DORM is expected to continue to be a Value Builder.
Dorman Products has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Dorman Products has a neutral Appreciation Score of 60 and a neutral Power Rating of 42, triggering the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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