Dorman Products Churns Out Steady Growth
Dorman Products (NASDAQ: DORM) has worked hard to ensure that it can help meet the booming demand for auto parts in the automotive industry. A combination of high consumer demand for new, technologically advanced vehicles and the need for state-of-the-art parts to integrate into advanced systems, has given Dorman an opportunity for growth. The parts specialist has met the challenge by offering new products with competitive advantages over existing offerings.
Coming into Tuesday's second-quarter financial report, Dorman investors were looking for the company to continue its trend of solid growth in revenue and earnings. Dorman's performance was mixed in that respect, but the company remains pleased with the way it has dealt with some industry headwinds to promote its long-term growth efforts. Let's look more closely at Dorman Products and what its latest numbers say about its future prospects.
Image source: Dorman Products.
Source: Fool.com
Dorman Products Stock
Our community is currently high on Dorman Products with 3 Buy predictions and 0 Sell predictions.
With a target price of 107 € there is a positive potential of 27.38% for Dorman Products compared to the current price of 84.0 €.
