Analyst Ratings for Dorman Products Inc. (DORM)Updated: 2017-07-27
Analysts covering Dorman Products Inc. (NASDAQ:DORM) have given it a consensus rating of Hold. DORM had previously received a consensus rating of Hold a month ago.
Of the 4 analysts covering the stock, 0 gave it a buy rating, 0 gave an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Several price targets were given for DORM by the analysts covering the stock. The maximum price target given was 85, which equates to a potential upside of 8.43 percent. The minimum price target given was 74.5, which equates to a potential downside of -4.96 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -0.59 percent. The average change in earnings estimates over the last 90 days is 1.81 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.14 percent. If we look at the last 90 days instead, we find a net average change of 4.02 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.
Analysts estimate earnings of DORM to grow at a rate of 10.76 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of DORM is 2.28.
DORM has traded between a high of 88.50 and a low of 60.00 over the past year. The current market price is above the trailing year's low by 30.65 percent, and 11.42 percent below the high. DORM has a P/E ratio of 24.5. Investors typically compare the P/E ratio to a company's peers in the industry. The DORM value stock report compares DORM to some of its peers using value stock charts. The market cap of DORM is $2.66 billion. DORM's next earnings release will be on 0000-00-00, which is days away.