Dorman Products (NASDAQ:DORM) Updates FY 2025 Earnings Guidance

Dorman Products (NASDAQ:DORM) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 7.550-7.850 for the period, compared to the consensus EPS estimate of 7.530. The company issued revenue guidance of -, compared to the consensus revenue estimate of $2.1 billion.

Analysts Set New Price Targets

A number of brokerages have weighed in on DORM. StockNews.com lowered Dorman Products from a “strong-buy” rating to a “buy” rating in a report on Tuesday, February 11th. Roth Mkm reiterated a “buy” rating and issued a $153.00 price objective (up previously from $126.00) on shares of Dorman Products in a research report on Monday, November 4th. Four analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $125.67.

Dorman Products Price Performance

Shares of DORM stock traded down $1.56 during midday trading on Wednesday, reaching $124.01. 186,400 shares of the company traded hands, compared to its average volume of 171,549. The firm’s 50 day simple moving average is $128.76 and its two-hundred day simple moving average is $123.92. The firm has a market cap of $3.78 billion, a PE ratio of 20.74 and a beta of 0.88. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.34 and a quick ratio of 1.16. Dorman Products has a 1-year low of $86.61 and a 1-year high of $146.60.

Dorman Products (NASDAQ:DORM) last issued its quarterly earnings data on Wednesday, February 26th. The auto parts company reported $2.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.99 by $0.21. Dorman Products had a return on equity of 16.95% and a net margin of 9.43%. On average, equities research analysts expect that Dorman Products will post 6.9 EPS for the current fiscal year.

Insider Buying and Selling

In other Dorman Products news, insider John Mcknight sold 8,185 shares of the firm’s stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $139.34, for a total transaction of $1,140,497.90. Following the completion of the transaction, the insider now owns 8,902 shares of the company’s stock, valued at approximately $1,240,404.68. This trade represents a 47.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Steven L. Berman sold 9,238 shares of the company’s stock in a transaction on Monday, January 27th. The shares were sold at an average price of $132.73, for a total value of $1,226,159.74. Following the completion of the sale, the director now owns 788,688 shares in the company, valued at $104,682,558.24. This represents a 1.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 49,533 shares of company stock worth $6,619,683 in the last three months. Corporate insiders own 10.00% of the company’s stock.

Dorman Products Company Profile

Dorman Products, Inc supplies replacement and upgrade parts for passenger cars, light trucks, medium- and heavy-duty trucks, utility terrain vehicles, and all-terrain vehicles in the motor vehicle aftermarket industry in the United States and internationally. It offers engine products, including intake and exhaust manifolds, fans, thermostat housings, and throttle bodies; undercar products comprising fluid lines, fluid reservoirs, connectors, 4-wheel drive components and axles, drain plugs, other engine, and transmission and axle components; steering and suspension products consist of control arms, ball joints, tie-rod ends, brake hardware and hydraulics, wheel and axle hardware, suspension arms, knuckles, links, bushings, and leaf springs, as well as other suspension, steering, and brake components; body products, such as door handles and hinges, window lift motors, window regulators, switches and handles, wiper components, lighting, electrical, and other interior and exterior vehicle body components, including windshields for UTVs; electronics products comprise new and remanufactured modules, clusters and sensors; and hardware products, such as threaded bolts and auto body fasteners, automotive and home electrical wiring components, and other hardware assortments and merchandise.