Media coverage about Dorman Products (NASDAQ:DORM) has been trending somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Dorman Products earned a news impact score of 0.21 on Accern’s scale. Accern also assigned media stories about the auto parts company an impact score of 46.3368424183371 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Dorman Products (NASDAQ DORM) opened at 71.06 on Wednesday. The stock has a market cap of $2.41 billion, a price-to-earnings ratio of 21.60 and a beta of 0.64. Dorman Products has a 52-week low of $60.00 and a 52-week high of $88.50. The stock’s 50 day moving average price is $69.01 and its 200-day moving average price is $76.70.
Dorman Products (NASDAQ:DORM) last posted its earnings results on Tuesday, August 1st. The auto parts company reported $0.83 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.84 by ($0.01). The business had revenue of $229.26 million for the quarter, compared to analyst estimates 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 quarter in the previous year, the firm posted $0.75 EPS. On average, analysts predict that Dorman Products will post $3.45 earnings per share for the current fiscal year.
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In related news, Director Paul R. Lederer sold 1,800 shares of Dorman Products stock in a transaction on Monday, August 14th. The shares were sold at an average price of $74.82, for a total transaction of $134,676.00. Following the transaction, the director now owns 16,961 shares in the company, valued at approximately $1,269,022.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 11.70% of the company’s stock.
Dorman Products Company Profile
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.
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