News headlines about Dorman Products (NASDAQ:DORM) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news 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 0.05 on Accern’s scale. Accern also assigned news stories about the auto parts company an impact score of 47.1413714162177 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Dorman Products (DORM) traded up 0.20% during mid-day trading on Friday, reaching $74.17. 77,557 shares of the company traded hands. The company’s 50 day moving average price is $77.39 and its 200 day moving average price is $78.45. Dorman Products has a 12-month low of $60.00 and a 12-month high of $88.50. The firm has a market capitalization of $2.52 billion, a P/E ratio of 22.54 and a beta of 0.61.

Dorman Products (NASDAQ:DORM) last announced its quarterly earnings data on Tuesday, August 1st. The auto parts company reported $0.83 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.84 by $0.01. The business had revenue of $229.26 million during the quarter, compared to the consensus estimate of $225.91 million. Dorman Products had a net margin of 12.66% and a return on equity of 18.64%. The business’s revenue was up 9.4% compared to the same quarter last year. During the same period last year, the company earned $0.75 EPS. Equities research analysts predict that Dorman Products will post $3.45 EPS for the current year.

Several research analysts have recently issued reports on DORM shares. Zacks Investment Research cut shares of Dorman Products from a “buy” rating to a “hold” rating in a report on Tuesday, April 25th. BidaskClub cut shares of Dorman Products from a “buy” rating to a “hold” rating in a report on Friday, June 9th. Jefferies Group LLC reiterated a “hold” rating and issued a $85.00 price target (up previously from $78.00) on shares of Dorman Products in a report on Wednesday, May 3rd. Finally, FBR & Co reiterated a “mkt perform” rating and issued a $74.50 price target on shares of Dorman Products in a report on Tuesday, July 18th. One analyst has rated the stock with a sell rating and four have given a hold rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $81.25.

TRADEMARK VIOLATION NOTICE: This story was reported by Daily Political and is the sole property of of Daily Political. If you are reading this story on another site, it was illegally stolen and reposted in violation of US & international copyright and trademark legislation. The original version of this story can be read at https://www.dailypolitical.com/2017/08/12/somewhat-favorable-media-coverage-somewhat-unlikely-to-affect-dorman-products-nasdaqdorm-stock-price.html.

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.

Insider Buying and Selling by Quarter for Dorman Products (NASDAQ:DORM)

Receive News & Ratings for Dorman Products Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dorman Products Inc. and related companies with MarketBeat.com's FREE daily email newsletter.