Dorman Products (NASDAQ:DORM) Announces Quarterly Earnings Results

Dorman Products (NASDAQ:DORM) posted its quarterly earnings data on Wednesday. The auto parts company reported $2.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.99 by $0.21, Zacks reports. Dorman Products had a net margin of 9.43% and a return on equity of 16.95%. Dorman Products updated its FY 2025 guidance to 7.550-7.850 EPS.

Dorman Products Stock Performance

NASDAQ DORM opened at $122.10 on Thursday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.16 and a current ratio of 2.34. The stock has a market cap of $3.73 billion, a PE ratio of 20.42 and a beta of 0.88. Dorman Products has a fifty-two week low of $86.61 and a fifty-two week high of $146.60. The firm’s fifty day moving average price is $128.64 and its two-hundred day moving average price is $123.92.

Wall Street Analysts Forecast Growth

DORM has been the topic of a number of recent research reports. Roth Mkm restated a “buy” rating and set a $153.00 price objective (up previously from $126.00) on shares of Dorman Products in a research note on Monday, November 4th. StockNews.com downgraded shares of Dorman Products from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 11th. Four research analysts have rated the stock with a buy rating, According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of $125.67.

Insider Activity

In other Dorman Products news, insider John Mcknight sold 8,185 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $139.34, for a total value of $1,140,497.90. Following the sale, the insider now owns 8,902 shares of the company’s stock, valued at $1,240,404.68. This trade represents a 47.90 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Steven L. Berman sold 8,485 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $136.83, for a total transaction of $1,161,002.55. Following the completion of the transaction, the director now owns 867,671 shares in the company, valued at approximately $118,723,422.93. This trade represents a 0.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 49,533 shares of company stock valued at $6,619,683 over the last quarter. Company 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.