Dorman Products (NASDAQ:DORM) Posts Earnings Results, Beats Expectations By $0.21 EPS

Dorman Products (NASDAQ:DORM) released its earnings results on Wednesday. The auto parts company reported $2.20 EPS for the quarter, beating the consensus estimate 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 Price Performance

DORM opened at $122.10 on Thursday. The firm has a market cap of $3.73 billion, a PE ratio of 20.42 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. The stock has a 50-day moving average price of $128.64 and a 200-day moving average price of $123.92.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on DORM shares. Roth Mkm reaffirmed a “buy” rating and set a $153.00 price objective (up from $126.00) on shares of Dorman Products in a research note on Monday, November 4th. StockNews.com lowered Dorman Products from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 11th. Four investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Dorman Products presently has a consensus rating of “Buy” and an average price target of $125.67.

Insider Transactions at Dorman Products

In other Dorman Products news, Director Steven L. Berman sold 617 shares of the stock in a transaction on Monday, January 13th. The stock was sold at an average price of $123.23, for a total transaction of $76,032.91. Following the sale, the director now directly owns 832,910 shares in the company, valued at approximately $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 accessible through this hyperlink. Also, insider John Mcknight sold 8,185 shares of the business’s stock in a transaction on 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 completion of the transaction, the insider now owns 8,902 shares of the company’s stock, valued at $1,240,404.68. This represents a 47.90 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 49,533 shares of company stock worth $6,619,683. 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.