Dorel Industries (OTCMKTS:DIIBF) Upgraded to Buy at ValuEngine

Share on StockTwits

Dorel Industries (OTCMKTS:DIIBF) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a report released on Tuesday, ValuEngine reports.

Separately, TD Securities lowered shares of Dorel Industries from a “buy” rating to a “hold” rating in a research report on Thursday, October 3rd.

Shares of DIIBF stock traded up $0.13 during mid-day trading on Tuesday, hitting $4.06. 23,317 shares of the stock traded hands, compared to its average volume of 5,779. The stock has a market cap of $125.88 million, a P/E ratio of 3.80 and a beta of 0.84. The stock’s fifty day moving average is $5.50 and its two-hundred day moving average is $7.35. Dorel Industries has a 52-week low of $3.52 and a 52-week high of $17.20. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.02 and a quick ratio of 0.42.

Dorel Industries (OTCMKTS:DIIBF) last released its quarterly earnings results on Friday, August 2nd. The company reported $0.19 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by ($0.14). The firm had revenue of $669.98 million for the quarter. Dorel Industries had a negative net margin of 16.60% and a positive return on equity of 4.93%.

About Dorel Industries

Dorel Industries Inc designs, manufactures, sources, markets, and distributes juvenile products, bicycles, and furniture worldwide. The company's Dorel Home segment engages in the design, manufacture, sourcing, and distribution of ready-to assemble furniture and home furnishings, including metal folding furniture, children's furniture, step stool, hand truck, ladder, outdoor furniture, and other imported furniture and futon products.

Featured Article: What are the Different Types of Leveraged Buyouts?

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Dorel Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dorel Industries and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Gildan Activewear Inc  Receives $29.60 Consensus PT from Analysts
Gildan Activewear Inc Receives $29.60 Consensus PT from Analysts
Zacks: Brokerages Anticipate Arrowhead Pharmaceuticals Inc  Will Announce Earnings of $0.14 Per Share
Zacks: Brokerages Anticipate Arrowhead Pharmaceuticals Inc Will Announce Earnings of $0.14 Per Share
HollyFrontier  Stock Rating Lowered by ValuEngine
HollyFrontier Stock Rating Lowered by ValuEngine
Northland Securities Reiterates “Buy” Rating for Fabrinet
Northland Securities Reiterates “Buy” Rating for Fabrinet
Tratin  Achieves Market Capitalization of $15.05 Million
Tratin Achieves Market Capitalization of $15.05 Million
Schmitt Industries  Lowered to Sell at ValuEngine
Schmitt Industries Lowered to Sell at ValuEngine


© 2006-2019 Ticker Report