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

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

Analyst Ratings Changes

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

Dorman Products Price Performance

DORM stock traded up $3.85 during trading on Thursday, hitting $127.86. The company had a trading volume of 36,497 shares, compared to its average volume of 167,787. The business has a 50 day moving average of $128.64 and a 200 day moving average of $123.92. The firm has a market capitalization of $3.90 billion, a price-to-earnings ratio of 21.51 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 company has a current ratio of 2.34, a quick ratio of 1.16 and a debt-to-equity ratio of 0.37.

Dorman Products (NASDAQ:DORM) last announced its quarterly earnings data on Wednesday, February 26th. The auto parts company reported $2.20 earnings per share for the quarter, beating 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%. The business had revenue of $533.77 million during the quarter, compared to analyst estimates of $523.95 million. As a group, research analysts predict that Dorman Products will post 6.9 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider John Mcknight sold 8,185 shares of the company’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 sale, the insider now directly owns 8,902 shares of the company’s stock, valued at $1,240,404.68. This represents a 47.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Steven L. Berman sold 8,524 shares of the stock in a transaction on Wednesday, January 29th. The shares were sold at an average price of $131.79, for a total value of $1,123,377.96. Following the completion of the transaction, the director now owns 773,094 shares of the company’s stock, valued at $101,886,058.26. This trade represents a 1.09 % 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. 10.00% of the stock is owned by 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.