Dorman Products (DORM) is Initiated by Sidoti to Buy

Dorman Products (DORM) is Initiated by Sidoti to Buy , according to the research report released to the investors. The shares recommendation by the Brokerage Firm was released on Dec-24-2015.

Shares of Dorman Products, Inc. (NASDAQ:DORM) ended Thursday session in red amid volatile trading. The shares closed down 0.36 points or 0.77% at $46.67 with 207,647 shares getting traded. Post opening the session at $47.17, the shares hit an intraday low of $46.18 and an intraday high of $47.21 and the price vacillated in this range throughout the day. The company has a market cap of $1,657 million and the number of outstanding shares has been calculated to be 35,497,578 shares. The 52-week high of Dorman Products, Inc. (NASDAQ:DORM) is $53.75 and the 52-week low is $43.65.

Dorman Products, Inc. (NASDAQ:DORM) has received a hold rating for the short term, according to the latest rank of 3 from research firm, Zacks. The company received an average rating of 2.57 from 7 analysts. 1 analyst have rated it as strong sell. 2 have rated it as a strong buy. 1 analysts recommended buying the shares. 3 analysts have rated the company at hold.

Dorman Products, Inc. (NASDAQ:DORM): According to 5 Analysts, The short term target price has been estimated at $ 51.9.The target price could deviate by a maximum of $11.35 from the forecast price. In the near term, the target price could hit a high of $62 and a low of $ 33.

Dorman Products, Inc. has dropped 9.2% during the last 3-month period . Year-to-Date the stock performance stands at -3.31%.

Dorman Products, Inc. (Dorman) is a supplier of automotive and heavy duty truck replacement parts and service line products primarily for the automotive aftermarket. The Company market approximately 133,000 different stock keeping units (SKU’s) of automotive replacement parts (including brake parts), fasteners and service line products. Original equipment dealer parts are those parts, which were available to consumers only from original equipment manufacturers or salvage yards. These parts include, among other parts, intake manifolds, exhaust manifolds, oil cooler lines, window regulators, radiator fan assemblies, power steering pulleys, harmonic balancers, tire pressure monitor sensors and keyless entry devices. Fasteners include such items as oil drain plugs, wheel bolts, and wheel lug nuts.