Is Dorman Products Stock a Good Investment?
Dorman Products Investment Advice | DORM |
- Examine Dorman Products' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Dorman Products' leadership team and their track record. Good management can help Dorman Products navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Automotive Parts & Equipment space and any emerging trends that could impact Dorman Products' business and its evolving consumer preferences.
- Compare Dorman Products' performance and market position to its competitors. Analyze how Dorman Products is positioned in terms of product offerings, innovation, and market share.
- Check if Dorman Products pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Dorman Products' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Dorman Products stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Dorman Products is a good investment.
Sell | Buy |
Strong 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 | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Dorman Products Stock
Researching Dorman Products' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 16.0% of the company shares are held by company insiders. The book value of Dorman Products was currently reported as 40.46. The company has Price/Earnings To Growth (PEG) ratio of 1.37. Dorman Products recorded earning per share (EPS) of 5.95. The entity last dividend was issued on the 13th of December 2012. The firm had 2:1 split on the 18th of June 2012.
To determine if Dorman Products is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Dorman Products' research are outlined below:
| Over 80.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from zacks.com: XPengs Q3 Revenues Increase YY on Strong Delivery Growth |
Dorman Products Quarterly Cash And Short Term Investments |
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Dorman Products uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Dorman Products. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Dorman Products' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Dorman Products' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Dorman Products' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2000-05-05 | 2000-03-31 | 0.05 | 0.04 | -0.01 | 20 | ||
1999-07-30 | 1999-06-30 | 0.07 | 0.08 | 0.01 | 14 | ||
1998-07-31 | 1998-06-30 | 0.08 | 0.07 | -0.01 | 12 | ||
1996-08-02 | 1996-06-30 | 0.05 | 0.06 | 0.01 | 20 | ||
1996-05-03 | 1996-03-31 | 0.02 | 0.03 | 0.01 | 50 | ||
1995-03-13 | 1994-12-31 | 0.03 | 0.02 | -0.01 | 33 | ||
1994-10-28 | 1994-09-30 | 0.03 | 0.04 | 0.01 | 33 | ||
1994-07-29 | 1994-06-30 | 0.04 | 0.03 | -0.01 | 25 |
Know Dorman Products' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Dorman Products is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Dorman Products backward and forwards among themselves. Dorman Products' institutional investor refers to the entity that pools money to purchase Dorman Products' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may 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' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.14 B.Market Cap |
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Dorman Products' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.08 | 0.08 | |
| Return On Capital Employed | 0.12 | 0.22 | |
| Return On Assets | 0.06 | 0.07 | |
| Return On Equity | 0.11 | 0.19 |
Determining Dorman Products' profitability involves analyzing its financial statements and using various financial metrics to determine if Dorman Products is a good buy. For example, gross profit margin measures Dorman Products' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Dorman Products' profitability and make more informed investment decisions.
Dorman Products' Earnings Breakdown by Geography
Evaluate Dorman Products' management efficiency
Dorman Products has return on total asset (ROA) of 0.0926 % which means that it generated a profit of $0.0926 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1573 %, meaning that it created $0.1573 on every $100 dollars invested by stockholders. Dorman Products' management efficiency ratios could be used to measure how well Dorman Products manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Dorman Products' Return On Capital Employed is very stable compared to the past year. As of the 22nd of November 2024, Return On Assets is likely to grow to 0.07, while Return On Tangible Assets are likely to drop 0.08. At this time, Dorman Products' Other Assets are very stable compared to the past year. As of the 22nd of November 2024, Net Tangible Assets is likely to grow to about 553 M, while Return On Tangible Assets are likely to drop 0.08.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 37.14 | 39.00 | |
| Tangible Book Value Per Share | 13.44 | 14.11 | |
| Enterprise Value Over EBITDA | 12.06 | 7.63 | |
| Price Book Value Ratio | 2.25 | 1.80 | |
| Enterprise Value Multiple | 12.06 | 7.63 | |
| Price Fair Value | 2.25 | 1.80 | |
| Enterprise Value | 2.1 B | 2.2 B |
The strategic initiatives led by Dorman Products' management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Beta 0.826 |
Basic technical analysis of Dorman Stock
As of the 22nd of November, Dorman Products shows the Coefficient Of Variation of 550.07, mean deviation of 1.31, and Downside Deviation of 1.26. Dorman Products technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Dorman Products standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Dorman Products is priced favorably, providing market reflects its regular price of 137.02 per share. Given that Dorman Products has jensen alpha of 0.2944, we urge you to verify Dorman Products's prevailing market performance to make sure the company can sustain itself at a future point.Dorman Products' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Dorman Products insiders, such as employees or executives, is commonly permitted as long as it does not rely on Dorman Products' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Dorman Products insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Dorman Products' Outstanding Corporate Bonds
Dorman Products issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Dorman Products uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Dorman bonds can be classified according to their maturity, which is the date when Dorman Products has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Understand Dorman Products' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Dorman Products' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1433 | |||
| Market Risk Adjusted Performance | 0.4421 | |||
| Mean Deviation | 1.31 | |||
| Semi Deviation | 0.9217 | |||
| Downside Deviation | 1.26 | |||
| Coefficient Of Variation | 550.07 | |||
| Standard Deviation | 2.07 | |||
| Variance | 4.3 | |||
| Information Ratio | 0.1358 | |||
| Jensen Alpha | 0.2944 | |||
| Total Risk Alpha | 0.1319 | |||
| Sortino Ratio | 0.223 | |||
| Treynor Ratio | 0.4321 | |||
| Maximum Drawdown | 14.67 | |||
| Value At Risk | (2.03) | |||
| Potential Upside | 3.1 | |||
| Downside Variance | 1.59 | |||
| Semi Variance | 0.8496 | |||
| Expected Short fall | (1.60) | |||
| Skewness | 2.87 | |||
| Kurtosis | 14.88 |
| Risk Adjusted Performance | 0.1433 | |||
| Market Risk Adjusted Performance | 0.4421 | |||
| Mean Deviation | 1.31 | |||
| Semi Deviation | 0.9217 | |||
| Downside Deviation | 1.26 | |||
| Coefficient Of Variation | 550.07 | |||
| Standard Deviation | 2.07 | |||
| Variance | 4.3 | |||
| Information Ratio | 0.1358 | |||
| Jensen Alpha | 0.2944 | |||
| Total Risk Alpha | 0.1319 | |||
| Sortino Ratio | 0.223 | |||
| Treynor Ratio | 0.4321 | |||
| Maximum Drawdown | 14.67 | |||
| Value At Risk | (2.03) | |||
| Potential Upside | 3.1 | |||
| Downside Variance | 1.59 | |||
| Semi Variance | 0.8496 | |||
| Expected Short fall | (1.60) | |||
| Skewness | 2.87 | |||
| Kurtosis | 14.88 |
Consider Dorman Products' intraday indicators
Dorman Products intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Dorman Products stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Dorman Products Corporate Filings
F4 | 19th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 7th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 1st of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 31st of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Dorman Stock media impact
Far too much social signal, news, headlines, and media speculation about Dorman Products that are available to investors today. That information is available publicly through Dorman media outlets and privately through word of mouth or via Dorman internal channels. However, regardless of the origin, that massive amount of Dorman data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Dorman Products news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Dorman Products relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Dorman Products' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Dorman Products alpha.
Dorman Products Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Dorman Products can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Dorman Products Historical Investor Sentiment
Investor biases related to Dorman Products' public news can be used to forecast risks associated with an investment in Dorman. The trend in average sentiment can be used to explain how an investor holding Dorman can time the market purely based on public headlines and social activities around Dorman Products. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Dorman Products' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Dorman Products and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Dorman Products news discussions. The higher the estimate score, the more favorable the investor's outlook on Dorman Products.
Dorman Products Corporate Management
| Joseph Braun | General VP | Profile | |
| Michael Dempsey | VP Chain | Profile | |
| Jeffery Darby | Senior Marketing | Profile | |
| Donna Long | Senior Officer | Profile | |
| Scott Leff | Senior Officer | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 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. To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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 5.95 | 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.
In summary, please note that there is a difference between Dorman Products' value and its price, as these two are different measures arrived at by various 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.