Is Dorman Products (DORM) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?

Investors interested in Auto-Tires-Trucks stocks should always be looking to find the best-performing companies in the group. Has Dorman Products (DORM) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Auto-Tires-Trucks peers, we might be able to answer that question.Dorman Products is one of 96 companies in the Auto-Tires-Trucks group. The Auto-Tires-Trucks group currently sits at #10 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Dorman Products is currently sporting a Zacks Rank of #2 (Buy).Over the past 90 days, the Zacks Consensus Estimate for DORM's full-year earnings has moved 11.8% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.Based on the latest available data, DORM has gained about 26.3% so far this year. At the same time, Auto-Tires-Trucks stocks have lost an average of 5.9%. As we can see, Dorman Products is performing better than its sector in the calendar year.One other Auto-Tires-Trucks stock that has outperformed the sector so far this year is Garrett Motion (GTX). The stock is up 45.9% year-to-date.Over the past three months, Garrett Motion's consensus EPS estimate for the current year has increased 11.9%. The stock currently has a Zacks Rank #2 (Buy).Looking more specifically, Dorman Products belongs to the Automotive - Replacement Parts industry, which includes 6 individual stocks and currently sits at #198 in the Zacks Industry Rank. On average, this group has lost an average of 2.8% so far this year, meaning that DORM is performing better in terms of year-to-date returns. In contrast, Garrett Motion falls under the Automotive - Original Equipment industry. Currently, this industry has 50 stocks and is ranked #91. Since the beginning of the year, the industry has moved +10.2%.Investors interested in the Auto-Tires-Trucks sector may want to keep a close eye on Dorman Products and Garrett Motion as they attempt to continue their solid performance.Quantum Computing Stocks Set To SoarArtificial intelligence has already reshaped the investment landscape, and its convergence with quantum computing could lead to the most significant wealth-building opportunities of our time.Today, you have a chance to position your portfolio at the forefront of this technological revolution. In our urgent special report, Beyond AI: The Quantum Leap in Computing Power, you'll discover the little-known stocks we believe will win the quantum computing race and deliver massive gains to early investors.Access the Report Free Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dorman Products, Inc. (DORM): Free Stock Analysis Report Garrett Motion Inc. (GTX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks