Value Stock Report – April 13, 2016

Dorman Products, Inc. (DORM) is a consumer discretionary stock within the automobile and components industry classification. It is a supplier to the parts replacement market for automobiles and trucks. It is a member of the S&P 600 small-cap index. The security became a BUY WATCH stock back in early February and quickly moved into the BUY category by mid-February. The gain has been nearly 10% year-to-date and valuation is now at 99.4% of fair value. With this level of gain the stock has now moved into HOLD territory. It is unusual for a stock to move through the various levels of classification at such a rapid rate, but in this case it was well earned. Sales have increased by 18% with corresponding earnings up 17%. This was accomplished by expanding the high end parts coverage by 30% by 4,850 items to a total of 133,000 products. In a reward to shareholders quarterly dividends were increased.

Dorman Products is a Market classification stock with a C rating in regards to merger related activities.

The company is not exposed to an elevated probability of disruption caused through merger organizational changes.

 

By | 2016-04-13T15:07:29+00:00 April 13th, 2016|Categories: Money Basics|0 Comments

About the Author:

Articles attributed to "Guest Contributor" are written by former employees or invited guests. Contents are for your consideration only The opinions expressed herein are those of the authors and do not necessarily represent the views of Charter Trust Company. Nothing contained in this communication should be construed as investment advice.

Leave A Comment