(DORM) Dorman Products - Ratings and Ratios

Dorman Products, Inc. is a leading supplier of replacement and upgrade parts for the automotive aftermarket industry, operating globally with a diverse product portfolio that caters to various vehicle segments, including light duty, heavy duty, and specialty vehicles. The companys extensive range of products includes engine components, undercar parts, steering and suspension systems, body parts, electronics, and hardware, all marketed under multiple brands such as DORMAN, DORMAN OE FIX, and others, leveraging its strong brand presence to maintain market share.

The companys product offerings are designed to meet the evolving needs of the automotive aftermarket, with a focus on providing high-quality, reliable parts that enable vehicle owners to maintain and upgrade their vehicles efficiently. Dorman Products, Inc. has established itself as a trusted partner for both original equipment manufacturers (OEMs) and aftermarket customers, capitalizing on its long history of innovation and customer service that dates back to its founding in 1918.

Analyzing the and , we observe that DORM is currently trading at $127.61, slightly below its 20-day Simple Moving Average (SMA) of $128.24, indicating a potential short-term trend reversal. The stocks Relative Strength Index (RSI) is not provided, but given its proximity to the SMA20, it suggests a neutral to slightly bearish short-term outlook. However, the longer-term perspective appears more positive, with the stock trading above its 200-day SMA of $124.00. The Average True Range (ATR) of 3.61, or 2.83%, indicates moderate volatility. From a fundamental perspective, DORMs market capitalization stands at $3945.40M USD, with a Price-to-Earnings (P/E) ratio of 18.58 and a forward P/E of 17.15, suggesting a reasonable valuation. The Return on Equity (RoE) of 16.95% is commendable, indicating effective management of shareholder equity.

Forecasting DORMs future performance involves integrating both technical and fundamental analyses. Given the current technical indicators and fundamental data, a plausible short-term forecast is that DORM may experience a slight correction or consolidation around its current price due to its proximity to the SMA20. However, its position above the SMA200 and a respectable RoE suggest underlying strength. For the long term, if DORM continues to innovate and expand its product offerings, potentially capitalizing on trends such as electric vehicles or advanced driver-assistance systems, it may attract more investors, driving the stock price higher. A potential target could be the 52-week high of $142.83, assuming the company meets or exceeds market expectations and maintains its competitive edge in the automotive aftermarket industry.