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Ferroglobe PLC (GSM) Forms $16.07 Double Top; Dorman Products (DORM)’s Sentiment Is 1.23

Ferroglobe PLC (GSM) formed double top with $17.19 target or 7.00% above today’s $16.07 share price. Ferroglobe PLC (GSM) has $2.76B valuation. The stock decreased 1.53% or $0.25 during the last trading session, reaching $16.07. About 510,409 shares traded. Ferroglobe PLC (NASDAQ:GSM) has risen 6.84% since December 4, 2016 and is uptrending. It has underperformed by 9.86% the S&P500.

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 $2.26 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 20.4 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.

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. The rating was downgraded by FBR Capital to “Mkt Perform” on Thursday, February 23. The stock of Dorman Products, Inc. (NASDAQ:DORM) earned “Neutral” rating by CL King on Wednesday, January 4.

Analysts await Dorman Products, Inc. (NASDAQ:DORM) to report earnings on February, 28. They expect $0.86 earnings per share, up 3.61% or $0.03 from last year’s $0.83 per share. DORM’s profit will be $28.93 million for 19.51 P/E if the $0.86 EPS becomes a reality. After $0.80 actual earnings per share reported by Dorman Products, Inc. for the previous quarter, Wall Street now forecasts 7.50% EPS growth.

The stock decreased 1.77% or $1.21 during the last trading session, reaching $67.1. About 392,808 shares traded or 154.40% up from the average. Dorman Products, Inc. (DORM) has risen 57.51% since December 4, 2016 and is uptrending. It has outperformed by 40.81% the S&P500.

Rk Asset Management Llc holds 7.93% of its portfolio in Dorman Products, Inc. for 114,133 shares. Summit Creek Advisors Llc owns 156,164 shares or 2.66% of their US portfolio. Moreover, Ranger Investment Management L.P. has 2.48% invested in the company for 419,551 shares. The Pennsylvania-based Conestoga Capital Advisors Llc has invested 2.13% in the stock. Snyder Capital Management L P, a California-based fund reported 429,787 shares.

Among 9 analysts covering Globe Specialty Metals (NASDAQ:GSM), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Globe Specialty Metals had 29 analyst reports since August 5, 2015 according to SRatingsIntel. The company was upgraded on Monday, September 19 by Robert W. Baird. JP Morgan maintained Ferroglobe PLC (NASDAQ:GSM) on Monday, March 21 with “Overweight” rating. The firm earned “Buy” rating on Wednesday, August 30 by Oppenheimer. FBR Capital maintained it with “Buy” rating and $20.0 target in Wednesday, November 29 report. The firm has “Neutral” rating by JP Morgan given on Tuesday, November 15. The rating was maintained by Stifel Nicolaus on Monday, August 29 with “Buy”. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, August 5. The rating was maintained by Jefferies on Wednesday, August 30 with “Buy”. The firm has “Buy” rating by B. Riley & Co given on Tuesday, August 29. The rating was maintained by Jefferies with “Buy” on Friday, August 18.

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