Dorman Products (DORM) Given Daily News Impact Rating of 0.16
Media stories about Dorman Products (NASDAQ:DORM) have trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Dorman Products earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave news stories about the auto parts company an impact score of 46.306729639375 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- Relative Strength Alert For Dorman Products (nasdaq.com)
- ACPN Now Accepting Submissions For Annual Content Excellence Awards (aftermarketnews.com)
- BRIEF-Dorman Products Enters Into A New Credit Agreement (reuters.com)
- ETFs with exposure to Dorman Products, Inc. : December 8, 2017 (finance.yahoo.com)
A number of research firms have recently commented on DORM. BidaskClub cut shares of Dorman Products from a “sell” rating to a “strong sell” rating in a report on Thursday. FBR & Co reiterated a “neutral” rating and set a $65.00 price target (down previously from $75.00) on shares of Dorman Products in a report on Monday, October 30th. B. Riley reiterated a “neutral” rating and set a $65.00 price target (down previously from $75.00) on shares of Dorman Products in a report on Wednesday, November 1st. Jefferies Group restated a “hold” rating and issued a $75.00 target price on shares of Dorman Products in a report on Sunday, October 29th. Finally, Zacks Investment Research cut shares of Dorman Products from a “hold” rating to a “sell” rating in a report on Friday, November 3rd. Two research analysts have rated the stock with a sell rating and four have issued a hold rating to the company. Dorman Products has a consensus rating of “Hold” and an average target price of $68.33.
Shares of Dorman Products (DORM) opened at $61.69 on Friday. Dorman Products has a fifty-two week low of $61.32 and a fifty-two week high of $88.50. The stock has a market cap of $2,148.79, a P/E ratio of 19.25, a P/E/G ratio of 1.74 and a beta of 0.60.
Dorman Products (NASDAQ:DORM) last issued its earnings results on Friday, October 27th. The auto parts company reported $0.80 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.87 by ($0.07). Dorman Products had a return on equity of 18.32% and a net margin of 12.53%. The company had revenue of $224.60 million during the quarter, compared to analysts’ expectations of $233.56 million. During the same quarter in the prior year, the business posted $0.77 EPS. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. analysts forecast that Dorman Products will post 3.34 earnings per share for the current fiscal year.
ILLEGAL ACTIVITY WARNING: This article was first published by Daily Political and is the sole property of of Daily Political. If you are viewing this article on another domain, it was stolen and reposted in violation of United States & international copyright and trademark law. The original version of this article can be read at https://www.dailypolitical.com/2017/12/14/dorman-products-dorm-given-daily-news-impact-rating-of-0-16.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.
Receive News & Ratings for Dorman Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dorman Products and related companies with MarketBeat.com's FREE daily email newsletter.