Dorman Products Inc. (NASDAQ:DORM) has been given an average recommendation of “Buy” by the six analysts that are covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $68.33.
DORM has been the topic of a number of analyst reports. Zacks Investment Research downgraded Dorman Products from a “hold” rating to a “sell” rating in a research report on Friday, November 3rd. CL King upgraded Dorman Products from a “neutral” rating to a “strong-buy” rating in a research note on Wednesday, January 3rd. BidaskClub upgraded Dorman Products from a “sell” rating to a “hold” rating in a research note on Saturday, January 13th. FBR & Co restated a “neutral” rating and set a $65.00 target price (down from $75.00) on shares of Dorman Products in a research note on Monday, October 30th. Finally, B. Riley restated a “neutral” rating and set a $65.00 target price (down from $75.00) on shares of Dorman Products in a research note on Wednesday, November 1st.
Shares of Dorman Products (NASDAQ DORM) traded up $1.41 during trading hours on Wednesday, reaching $76.36. The company had a trading volume of 326,600 shares, compared to its average volume of 243,297. The firm has a market capitalization of $2,575.04, a P/E ratio of 23.07, a P/E/G ratio of 1.83 and a beta of 0.85. Dorman Products has a 1-year low of $60.93 and a 1-year high of $88.50.
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About Dorman Products
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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