Dorman Products Stock Earnings Per Share
| DORM Stock | USD 87.45 1.31 1.48% |
Dorman Products fundamentals help investors to digest information that contributes to Dorman Products' financial success or failures. It also enables traders to predict the movement of Dorman Stock. The fundamental analysis module provides a way to measure Dorman Products' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Dorman Products stock.
Dorman | Earnings Per Share |
Dorman Products Company Earnings Per Share Analysis
Dorman Products' Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Current Dorman Products Earnings Per Share | 4.10 X |
Most of Dorman Products' fundamental indicators, such as Earnings Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dorman Products is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Dorman Earnings Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Dorman Products is extremely important. It helps to project a fair market value of Dorman Stock properly, considering its historical fundamentals such as Earnings Per Share. Since Dorman Products' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Dorman Products' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Dorman Products' interrelated accounts and indicators.
Click cells to compare fundamentals
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
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Dorman Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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According to the company disclosure, Dorman Products has an Earnings Per Share of 4.1 times. This is 93.4% higher than that of the Automobile Components sector and 132.95% higher than that of the Consumer Discretionary industry. The earnings per share for all United States stocks is 31.41% lower than that of the firm.
Dorman Earnings Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dorman Products' direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Dorman Products could also be used in its relative valuation, which is a method of valuing Dorman Products by comparing valuation metrics of similar companies.Dorman Products is currently under evaluation in earnings per share category among related companies.
Dorman Fundamentals
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0701 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 3.41 B | ||||
| Shares Outstanding | 31.03 M | ||||
| Shares Owned By Insiders | 16.14 % | ||||
| Shares Owned By Institutions | 79.94 % | ||||
| Number Of Shares Shorted | 385.53 K | ||||
| Price To Earning | 25.10 X | ||||
| Price To Book | 2.39 X | ||||
| Price To Sales | 1.45 X | ||||
| Revenue | 1.93 B | ||||
| Gross Profit | 564.45 M | ||||
| EBITDA | 264.39 M | ||||
| Net Income | 129.26 M | ||||
| Cash And Equivalents | 35.44 M | ||||
| Cash Per Share | 1.13 X | ||||
| Total Debt | 683.8 M | ||||
| Debt To Equity | 0.31 % | ||||
| Current Ratio | 1.75 X | ||||
| Book Value Per Share | 37.32 X | ||||
| Cash Flow From Operations | 208.76 M | ||||
| Short Ratio | 3.33 X | ||||
| Earnings Per Share | 4.10 X | ||||
| Price To Earnings To Growth | 1.37 X | ||||
| Target Price | 97.67 | ||||
| Number Of Employees | 3.87 K | ||||
| Beta | 0.81 | ||||
| Market Capitalization | 2.77 B | ||||
| Total Asset | 2.29 B | ||||
| Retained Earnings | 1.07 B | ||||
| Working Capital | 686.56 M | ||||
| Current Asset | 478.63 M | ||||
| Current Liabilities | 98.57 M | ||||
| Net Asset | 2.29 B |
About Dorman Products Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dorman Products's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dorman Products using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dorman Products based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Dorman Products Investors Sentiment
The influence of Dorman Products' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Dorman. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Dorman Products' public news can be used to forecast risks associated with an investment in Dorman. The trend in average sentiment can be used to explain how an investor holding Dorman can time the market purely based on public headlines and social activities around Dorman Products. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Dorman Products' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Dorman Products' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Dorman Products' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Dorman Products.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dorman Products in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dorman Products' short interest history, or implied volatility extrapolated from Dorman Products options trading.
Pair Trading with Dorman Products
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dorman Products position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dorman Products will appreciate offsetting losses from the drop in the long position's value.Moving together with Dorman Stock
| 0.68 | F | Ford Motor Financial Report 7th of May 2024 | PairCorr |
| 0.79 | ALV | Autoliv | PairCorr |
Moving against Dorman Stock
| 0.81 | AAN | Aarons | PairCorr |
| 0.62 | FOXF | Fox Factory Holding Earnings Call This Week | PairCorr |
| 0.58 | AXL | American Axle Manufa Earnings Call This Week | PairCorr |
| 0.57 | VUZI | Vuzix Corp Cmn Financial Report 8th of May 2024 | PairCorr |
| 0.52 | DAN | Dana Inc | PairCorr |
The ability to find closely correlated positions to Dorman Products could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dorman Products when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dorman Products - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dorman Products to buy it.
The correlation of Dorman Products is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dorman Products moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dorman Products moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dorman Products can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Dorman Products Piotroski F Score and Dorman Products Altman Z Score analysis. To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Dorman Stock analysis
When running Dorman Products' price analysis, check to measure Dorman Products' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dorman Products is operating at the current time. Most of Dorman Products' value examination focuses on studying past and present price action to predict the probability of Dorman Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dorman Products' price. Additionally, you may evaluate how the addition of Dorman Products to your portfolios can decrease your overall portfolio volatility.
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Is Dorman Products' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dorman Products. If investors know Dorman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dorman Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.855 | Earnings Share 4.1 | Revenue Per Share 61.351 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0701 |
The market value of Dorman Products is measured differently than its book value, which is the value of Dorman that is recorded on the company's balance sheet. Investors also form their own opinion of Dorman Products' value that differs from its market value or its book value, called intrinsic value, which is Dorman Products' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dorman Products' market value can be influenced by many factors that don't directly affect Dorman Products' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dorman Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dorman Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dorman Products' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.