Dorel Industries - DII.B Stock Forecast, Price & News

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. This segment markets its products under the Ameriwood, Altra, System Build, Ridgewood, DHP, Dorel Fine Furniture, Dorel Living, Signature Sleep, Cosmo Living, Novagratz, Little Seeds, Baby Relax, Cosco Home & Office, and Alphason. This Dorel Juvenile segment offers designs, manufactures, sources, distributes, and retails children's accessories, such as infant car seats, strollers, high chairs, and infant health and safety aids primarily under the Maxi-Cosi, Quinny, Tiny Love, Safety 1st, Bébé Confort, Cosco, Mother's Choice, Disney, and Infanti brands. The company's Dorel Sports segment designs, manufactures, sources, and distributes recreational and leisure products and accessories, including bicycles, children's electric ride-ons, jogging strollers, electric bikes and bicycle trailers, scooters, and other recreational products. This segment markets its products primarily under the Cannondale, Mongoose, Schwinn, Charge, KidTrax, Fabric, Guru, Caloi, IronHorse, and GT brands. The company sells its products to mass merchant discount chains, department stores, club format outlets, and hardware/home centers; Internet retailers; independent boutiques and juvenile specialty stores; and sporting goods chains. It also owns and operates 100 retail stores in Chile and Peru, as well as various factory outlet retail locations in Europe and Australia. The company was formerly known as Dorel Co. Ltd. and changed its name to Dorel Industries Inc. in May 1987. Dorel Industries Inc. was founded in 1962 and is headquartered in Westmount, Canada.

Analyst Ratings Changes

A number of equities analysts recently issued reports on DII.B shares. BMO Capital Markets cut their target price on Dorel Industries from C$11.00 to C$9.00 in a report on Wednesday, August 10th. TD Securities cut their target price on Dorel Industries from C$17.00 to C$11.50 and set a "buy" rating on the stock in a report on Wednesday, August 10th.

Dorel Industries Stock Up 1.7 %

Shares of TSE:DII.B opened at C$6.76 on Monday. Dorel Industries has a 52 week low of C$5.44 and a 52 week high of C$28.43. The business has a 50-day simple moving average of C$6.45 and a two-hundred day simple moving average of C$8.84. The company has a quick ratio of 0.68, a current ratio of 1.79 and a debt-to-equity ratio of 115.33. The company has a market cap of C$219.96 million and a P/E ratio of 0.85.