Headlines about Dorman Products (NASDAQ:DORM) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Dorman Products earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave news coverage about the auto parts company an impact score of 46.1702450749545 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
DORM has been the subject of a number of research analyst reports. Zacks Investment Research lowered Dorman Products from a “hold” rating to a “sell” rating in a research report on Friday, November 3rd. FBR & Co reaffirmed a “neutral” rating and set a $65.00 target price (down from $75.00) on shares of Dorman Products in a research report on Monday, October 30th. B. Riley reaffirmed a “neutral” rating and set a $65.00 target price (down from $75.00) on shares of Dorman Products in a research report on Wednesday, November 1st. Jefferies Group reaffirmed a “hold” rating and set a $75.00 target price on shares of Dorman Products in a research report on Sunday, October 29th. Finally, BidaskClub lowered Dorman Products from a “hold” rating to a “sell” rating in a research report on Friday, August 18th. Two equities research analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. Dorman Products currently has a consensus rating of “Hold” and a consensus target price of $68.33.
Shares of Dorman Products (NASDAQ:DORM) opened at $65.56 on Friday. The firm has a market capitalization of $2,210.00, a price-to-earnings ratio of 19.61, a price-to-earnings-growth ratio of 1.77 and a beta of 0.60. Dorman Products has a 1 year low of $62.64 and a 1 year high of $88.50.
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Dorman Products Company Profile
Dorman Products, Inc is a supplier of replacement parts and fasteners for passenger cars, light trucks and heavy duty trucks in the automotive aftermarket. As of December 31, 2016, the Company distributed and marketed approximately 155,000 different stock keeping units (SKU’s) of automotive replacement parts and fasteners.
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