Dorman Products Stock Buy Hold or Sell Recommendation
| DORM Stock | USD 139.45 2.43 1.77% |
Given the investment horizon of 90 days and your conservative risk appetite, our recommendation regarding Dorman Products is 'Buy'. The recommendation algorithm takes into account all of Dorman Products' available fundamental, technical, and predictive indicators you will find on this site.
Check out Dorman Products Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide. Note, we conduct extensive research on individual companies such as Dorman and provide practical buy, sell, or hold advice based on investors' constraints. Dorman Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Dorman |
Execute Dorman Products Buy or Sell Advice
The Dorman recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Dorman Products. Macroaxis does not own or have any residual interests in Dorman Products or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Dorman Products' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Dorman Products Trading Alerts and Improvement Suggestions
| Over 80.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from zacks.com: Copart Q1 Earnings Match Expectations, Revenues Increase YY |
Dorman Products Returns Distribution Density
The distribution of Dorman Products' historical returns is an attempt to chart the uncertainty of Dorman Products' future price movements. The chart of the probability distribution of Dorman Products daily returns describes the distribution of returns around its average expected value. We use Dorman Products price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Dorman Products returns is essential to provide solid investment advice for Dorman Products.
| Mean Return | 0.39 | Value At Risk | -2.03 | Potential Upside | 3.10 | Standard Deviation | 2.08 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Dorman Products historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Dorman Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Dorman Products, soars without any apparent reason. This usually happens because many institutional investors are aggressively trading Dorman Products back and forth among themselves. Companies that invest excess capital in these types of assets may also be included in this term and can influence corporate governance by exercising voting rights in their investments.
| Shares | Jennison Associates Llc | 2024-09-30 | 454.9 K | Geneva Capital Management | 2024-09-30 | 436.1 K | Northern Trust Corp | 2024-09-30 | 428.9 K | Bank Of America Corp | 2024-06-30 | 376.8 K | Charles Schwab Investment Management Inc | 2024-09-30 | 350.6 K | Norges Bank | 2024-06-30 | 310.2 K | Loomis, Sayles & Company Lp | 2024-06-30 | 309.9 K | Wcm Investment Management | 2024-09-30 | 302.6 K | Southernsun Asset Management, Llc | 2024-09-30 | 301 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 4.4 M | Blackrock Inc | 2024-06-30 | 4.1 M |
Dorman Products Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (11.0M) | (12.3M) | (153.8M) | (133.8M) | 118.6M | 124.5M | |
| Change In Cash | 24.9M | 87.2M | (96.8M) | (12.7M) | (9.2M) | (8.8M) | |
| Free Cash Flow | 65.7M | 136.5M | 80.5M | 3.8M | 164.8M | 173.0M | |
| Depreciation | 25.9M | 32.3M | 35.2M | 44.7M | 54.7M | 57.5M | |
| Other Non Cash Items | 39K | (2.2M) | (2.2M) | (34K) | (15.9M) | (15.1M) | |
| Capital Expenditures | 29.6M | 15.5M | 19.8M | 37.9M | 44.0M | 46.2M | |
| Net Income | 83.8M | 106.9M | 131.5M | 121.5M | 129.3M | 135.7M | |
| End Period Cash Flow | 68.4M | 155.6M | 58.8M | 46.0M | 36.8M | 38.0M | |
| Change To Netincome | 4.2M | (4.2M) | (3.6M) | 3.6M | 4.1M | 4.3M | |
| Investments | (29.6M) | (30.3M) | (365.3M) | (526.8M) | (536.5M) | (509.7M) |
Dorman Products Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Dorman Products or Automobile Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Dorman Products' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Dorman stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.28 | |
β | Beta against Dow Jones | 0.88 | |
σ | Overall volatility | 2.09 | |
Ir | Information ratio | 0.13 |
Dorman Products Volatility Alert
Dorman Products has relatively low volatility with skewness of 2.83 and kurtosis of 14.63. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Dorman Products' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Dorman Products' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Dorman Products Fundamentals Vs Peers
Comparing Dorman Products' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Dorman Products' direct or indirect competition across all of the common fundamentals between Dorman Products and the related equities. This way, we can detect undervalued stocks with similar characteristics as Dorman Products or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Dorman Products' fundamental indicators could also be used in its relative valuation, which is a method of valuing Dorman Products by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Dorman Products to competition |
| Fundamentals | Dorman Products | Peer Average |
| Return On Equity | 0.16 | -0.31 |
| Return On Asset | 0.0926 | -0.14 |
| Profit Margin | 0.09 % | (1.27) % |
| Operating Margin | 0.18 % | (5.51) % |
| Current Valuation | 4.84 B | 16.62 B |
| Shares Outstanding | 30.52 M | 571.82 M |
| Shares Owned By Insiders | 15.62 % | 10.09 % |
| Shares Owned By Institutions | 80.49 % | 39.21 % |
| Number Of Shares Shorted | 330.42 K | 4.71 M |
| Price To Earning | 25.10 X | 28.72 X |
| Price To Book | 3.45 X | 9.51 X |
| Price To Sales | 2.16 X | 11.42 X |
| Revenue | 1.93 B | 9.43 B |
| Gross Profit | 564.45 M | 27.38 B |
| EBITDA | 271.29 M | 3.9 B |
| Net Income | 129.26 M | 570.98 M |
| Cash And Equivalents | 35.44 M | 2.7 B |
| Cash Per Share | 1.13 X | 5.01 X |
| Total Debt | 683.8 M | 5.32 B |
| Debt To Equity | 0.31 % | 48.70 % |
| Current Ratio | 1.75 X | 2.16 X |
| Book Value Per Share | 40.46 X | 1.93 K |
| Cash Flow From Operations | 208.76 M | 971.22 M |
| Short Ratio | 2.68 X | 4.00 X |
| Earnings Per Share | 5.97 X | 3.12 X |
| Price To Earnings To Growth | 1.37 X | 4.89 X |
| Target Price | 138.5 | |
| Number Of Employees | 3.87 K | 18.84 K |
| Beta | 0.83 | -0.15 |
| Market Capitalization | 4.26 B | 19.03 B |
| Total Asset | 2.29 B | 29.47 B |
| Retained Earnings | 1.07 B | 9.33 B |
| Working Capital | 686.56 M | 1.48 B |
Note: Disposition of 316 shares by Steven Berman of Dorman Products at 113.03 subject to Rule 16b-3 [view details]
Dorman Products Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Dorman . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Dorman Products Buy or Sell Advice
When is the right time to buy or sell Dorman Products? Buying financial instruments such as Dorman Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Dorman Products in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Construction Thematic Idea Now
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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Construction Theme or any other thematic opportunities.
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Check out Dorman Products Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dorman Products. If investors know Dorman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dorman Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.406 | Earnings Share 5.97 | Revenue Per Share 63.489 | Quarterly Revenue Growth 0.032 | Return On Assets 0.0926 |
The market value of Dorman Products is measured differently than its book value, which is the value of Dorman that is recorded on the company's balance sheet. Investors also form their own opinion of Dorman Products' value that differs from its market value or its book value, called intrinsic value, which is Dorman Products' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dorman Products' market value can be influenced by many factors that don't directly affect Dorman Products' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dorman Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dorman Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dorman Products' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.