Ashmore Group PLC (LON:ASHM) Hold Rating Reaffirmed at Shore Capital; The Price Objective is GBX 396.00; Dorman Products Has 1.15 Sentiment

April 17, 2018 - By Martha Paddon

Dorman Products, Inc. (NASDAQ:DORM) Logo

They currently have a GBX 396.00 PT on Ashmore Group PLC (LON:ASHM). Shore Capital’s target would suggest a potential downside of -8.01% from the company’s stock close price. This was released in a report on Tuesday, 17 April.

Dorman Products Inc (DORM) investors sentiment decreased to 1.15 in Q4 2017. It’s down -0.07, from 1.22 in 2017Q3. The ratio is negative, as 105 funds increased or started new equity positions, while 91 sold and trimmed positions in Dorman Products Inc. The funds in our database now hold: 24.13 million shares, down from 25.22 million shares in 2017Q3. Also, the number of funds holding Dorman Products Inc in top ten equity positions was flat from 1 to 1 for the same number . Sold All: 22 Reduced: 69 Increased: 61 New Position: 44.

Analysts await Dorman Products, Inc. (NASDAQ:DORM) to report earnings on May, 1. They expect $1.03 EPS, up 21.18% or $0.18 from last year’s $0.85 per share. DORM’s profit will be $34.45M for 16.85 P/E if the $1.03 EPS becomes a reality. After $0.87 actual EPS reported by Dorman Products, Inc. for the previous quarter, Wall Street now forecasts 18.39% EPS growth.

Since January 1, 0001, it had 0 buys, and 2 insider sales for $87,323 activity.

Dorman Products, Inc. supplies automotive replacement parts, automotive hardware, brake products, and household hardware to the automotive aftermarket and mass merchandise markets in the United States, Canada, Mexico, Europe, the Middle East, and Australia. The company has market cap of $2.32 billion. It offers original equipment dealer products, such as intake manifolds, exhaust manifolds, window regulators, radiator fan assemblies, tire pressure monitor sensors, exhaust gas recirculation coolers, and complex electronics modules; fluid reservoirs, variable valve timing components, and integrated door lock actuators; and fasteners, including oil drain plugs, wheel bolts, and wheel lug nuts. It has a 22.18 P/E ratio. The firm also provides automotive replacement parts comprising door handles, keyless remotes and cases, emission control products, and oil dipsticks, as well as door hinge repairs; and application specific and general automotive hardware consisting of body hardware, general automotive fasteners, oil drain plugs, and wheel hardware.

The stock increased 0.35% or $0.24 during the last trading session, reaching $69.43. About 165,581 shares traded. Dorman Products, Inc. (DORM) has declined 18.98% since April 17, 2017 and is downtrending. It has underperformed by 30.53% the S&P500.

Ratings analysis reveals 0 of Dorman Products’s analysts are positive. Out of 2 Wall Street analysts rating Dorman Products, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. DORM was included in 2 notes of analysts from January 4, 2017. As per Wednesday, January 4, the company rating was downgraded by CL King. The firm has “Mkt Perform” rating by FBR Capital given on Thursday, February 23.

Rk Asset Management Llc holds 5.72% of its portfolio in Dorman Products, Inc. for 110,883 shares. Summit Creek Advisors Llc owns 153,738 shares or 1.77% of their US portfolio. Moreover, Conestoga Capital Advisors Llc has 1.51% invested in the company for 642,180 shares. The Colorado-based Tributary Capital Management Llc has invested 1.25% in the stock. Snyder Capital Management L P, a California-based fund reported 402,583 shares.

The stock increased 6.36% or GBX 25.2 during the last trading session, reaching GBX 421.2. About 1.46M shares traded. Ashmore Group PLC (LON:ASHM) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Dorman Products, Inc. (NASDAQ:DORM) Institutional Positions Chart