In a report released today, Gary Prestopino from Barrington maintained a Hold rating on Dorman Products (DORM). The company’s shares opened today at $86.32.
Prestopino observed:
“We are maintaining our adjusted EPS estimates for 2019 and 2020 at $4.45 and $4.89, respectively. We have a MARKET PERFORM rating on the shares based on valuation. Products, Inc. engages in the supply of automotive replacement parts, fasteners, and service line products for the automotive aftermarket. Its products comprises of power-train, automotive body, chassis, and hardware. The company was founded by Steven L. and is headquartered in Colmar, PA.”
According to TipRanks.com, Prestopino is a 3-star analyst with an average return of 1.9% and a 47.4% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, Payment Data Systems Inc, and US Auto Parts Network.
Dorman Products has an analyst consensus of Hold, with a price target consensus of $70.
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Dorman Products’ market cap is currently $3.09B and has a P/E ratio of 23.16. The company has a Price to Book ratio of 4.24.
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Dorman Products, Inc. engages in the supply of automotive replacement parts, fasteners, and service line products for the automotive aftermarket. Its products comprises of power-train, automotive body, chassis, and hardware. The company was founded by Steven L. Berman in October 1978 and is headquartered in Colmar, PA.
