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Are Auto-Tires-Trucks Stocks Lagging Dorman Products (DORM) This Year?
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The Auto-Tires-Trucks group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Dorman Products (DORM - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Auto-Tires-Trucks sector should help us answer this question.
Dorman Products is a member of our Auto-Tires-Trucks group, which includes 99 different companies and currently sits at #7 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Dorman Products is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for DORM's full-year earnings has moved 11.8% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that DORM has returned about 19.8% since the start of the calendar year. Meanwhile, stocks in the Auto-Tires-Trucks group have gained about 10.9% on average. This shows that Dorman Products is outperforming its peers so far this year.
Another Auto-Tires-Trucks stock, which has outperformed the sector so far this year, is Douglas Dynamics (PLOW - Free Report) . The stock has returned 32.2% year-to-date.
The consensus estimate for Douglas Dynamics' current year EPS has increased 4.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Dorman Products belongs to the Automotive - Replacement Parts industry, a group that includes 7 individual companies and currently sits at #87 in the Zacks Industry Rank. This group has lost an average of 6.4% so far this year, so DORM is performing better in this area. Douglas Dynamics is also part of the same industry.
Investors interested in the Auto-Tires-Trucks sector may want to keep a close eye on Dorman Products and Douglas Dynamics as they attempt to continue their solid performance.
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Are Auto-Tires-Trucks Stocks Lagging Dorman Products (DORM) This Year?
The Auto-Tires-Trucks group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Dorman Products (DORM - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Auto-Tires-Trucks sector should help us answer this question.
Dorman Products is a member of our Auto-Tires-Trucks group, which includes 99 different companies and currently sits at #7 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Dorman Products is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for DORM's full-year earnings has moved 11.8% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that DORM has returned about 19.8% since the start of the calendar year. Meanwhile, stocks in the Auto-Tires-Trucks group have gained about 10.9% on average. This shows that Dorman Products is outperforming its peers so far this year.
Another Auto-Tires-Trucks stock, which has outperformed the sector so far this year, is Douglas Dynamics (PLOW - Free Report) . The stock has returned 32.2% year-to-date.
The consensus estimate for Douglas Dynamics' current year EPS has increased 4.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Dorman Products belongs to the Automotive - Replacement Parts industry, a group that includes 7 individual companies and currently sits at #87 in the Zacks Industry Rank. This group has lost an average of 6.4% so far this year, so DORM is performing better in this area. Douglas Dynamics is also part of the same industry.
Investors interested in the Auto-Tires-Trucks sector may want to keep a close eye on Dorman Products and Douglas Dynamics as they attempt to continue their solid performance.