Recent significant positive changes in fundamentals have benefitted Dorman Products Inc (NASDAQ: DORM): the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Dorman Products Inc (NASDAQ: DORM) has benefited from meaningful positive changes in investment behavior: the stock’s recent price rise disrupted its longer term downtrend.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns 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 B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Dorman Products has a neutral Appreciation Score of 52 but a good Power Rating of 80, producing the Positive Value Trend Rating.
Recent Price Action
Dorman Products Inc (NASDAQ: DORM) stock closed at $109.73 on 9/11/24 after a modest gain of 0.7%. This advance was accompanied by normal trading volume. The stock is unchanged during the last week and has been exceptionally strong relative to the market over the last nine months.
Be the first to comment