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

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

Analyst Upgrades and Downgrades

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

Dorman Products Stock Performance

Dorman Products stock traded up $3.85 during trading hours on Thursday, reaching $127.86. 36,497 shares of the company were exchanged, compared to its average volume of 167,787. Dorman Products has a 12 month low of $86.61 and a 12 month high of $146.60. The company has a current ratio of 2.34, a quick ratio of 1.16 and a debt-to-equity ratio of 0.37. The stock has a 50-day moving average of $128.64 and a 200 day moving average of $123.92. The firm has a market cap of $3.90 billion, a price-to-earnings ratio of 21.51 and a beta of 0.88.

Dorman Products (NASDAQ:DORM) last posted 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 net margin of 9.43% and a return on equity of 16.95%. The business had revenue of $533.77 million during the quarter, compared to the consensus estimate of $523.95 million. As a group, research analysts anticipate that Dorman Products will post 6.9 earnings per share for the current year.

Insider Activity at Dorman Products

In related news, Director Steven L. Berman sold 617 shares of Dorman Products stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $123.23, for a total transaction of $76,032.91. Following the completion of the transaction, the director now directly owns 832,910 shares of the company’s stock, valued at $102,639,499.30. This trade represents a 0.07 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider John Mcknight sold 8,185 shares of the business’s stock in a transaction dated Tuesday, December 3rd. The shares were 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 in the company, valued at approximately $1,240,404.68. This trade represents a 47.90 % 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 in the last 90 days. 10.00% of the stock is owned by corporate insiders.

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.