Extremely important positive changes in fundamentals have recently occurred for Dorman Products Inc (NASDAQ: DORM): the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, the consensus estimate for December, 2025 increased significantly, and significant quarterly earnings acceleration occurred.
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
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 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 60 but a good Power Rating of 71, resulting in the Positive Value Trend Rating.
Recent Price Action
Dorman Products Inc (NASDAQ: DORM) stock rose slightly by 0.3% on 3/22/24. The stock closed at $93.75. However, below average trading volume at 68% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 3.7% during the last week.
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