Should I buy or sell Dorman Products stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dorman Products in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DORM shares. View DORM analyst ratings or view top-rated stocks .

What is Dorman Products' stock price target for 2024?

2 Wall Street research analysts have issued twelve-month price objectives for Dorman Products' shares. Their DORM share price targets range from $90.00 to $116.00. On average, they expect the company's share price to reach $103.00 in the next year. This suggests a possible upside of 16.5% from the stock's current price. View analysts price targets for DORM or view top-rated stocks among Wall Street analysts .

How have DORM shares performed in 2024?

Dorman Products' stock was trading at $83.41 at the beginning of the year. Since then, DORM stock has increased by 6.0% and is now trading at $88.40. View the best growth stocks for 2024 here .

Are investors shorting Dorman Products?

Dorman Products saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 372,800 shares, a decrease of 22.5% from the March 15th total of 480,800 shares. Based on an average daily trading volume, of 122,300 shares, the days-to-cover ratio is presently 3.0 days. Approximately 1.4% of the company's shares are short sold. View Dorman Products' Short Interest .

When is Dorman Products' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our DORM earnings forecast .

How can I listen to Dorman Products' earnings call?

Dorman Products will be holding an earnings conference call on Tuesday, May 7th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Dorman Products' earnings last quarter?

Dorman Products, Inc. (NASDAQ:DORM) announced its earnings results on Monday, February, 26th. The auto parts company reported $1.57 earnings per share for the quarter, topping analysts' consensus estimates of $1.41 by $0.16. The auto parts company earned $494.30 million during the quarter, compared to analyst estimates of $494.86 million. Dorman Products had a trailing twelve-month return on equity of 12.92% and a net margin of 6.70%. The firm's revenue was down 1.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.01 earnings per share.

What ETFs hold Dorman Products' stock?

ETFs with the largest weight of Dorman Products (NASDAQ:DORM) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) and First Trust Nasdaq Transportation ETF (FTXR) . SPDR S&P 600 Small Cap ETF (SLY) .

What guidance has Dorman Products issued on next quarter's earnings?

Dorman Products issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of 5.400-5.700 for the period, compared to the consensus EPS estimate of 5.210. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion.

What is Kevin M. Olsen's approval rating as Dorman Products' CEO?

0 employees have rated Dorman Products Chief Executive Officer Kevin M. Olsen on Glassdoor.com . Kevin M. Olsen has an approval rating of 65% among the company's employees. 48.0% of employees surveyed would recommend working at Dorman Products to a friend.

What other stocks do shareholders of Dorman Products own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Dorman Products investors own include AbbVie (ABBV) , Intel (INTC) , Exxon Mobil (XOM) , International Business Machines (IBM) , Gilead Sciences (GILD) , Wells Fargo & Company (WFC) , Abbott Laboratories (ABT) , General Motors (GM) , JPMorgan Chase & Co. (JPM) and 3M (MMM) .

Who are Dorman Products' major shareholders?

Dorman Products' stock is owned by a variety of institutional and retail investors. Top institutional investors include Tributary Capital Management LLC (0.66%), RK Asset Management LLC (0.12%), Bridge City Capital LLC (0.12%), State of Alaska Department of Revenue (0.06%), Park Avenue Securities LLC (0.01%) and Mather Group LLC. (0.00%). Insiders that own company stock include Eric Luftig , G Michael Stakias , James Darrell Thomas , Jeffery Darby , John J Gavin , Michael Kealey and Steven L Berman . View institutional ownership trends .

How do I buy shares of Dorman Products?

Shares of DORM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Dorman Products have any subsidiaries?

The following companies are subsidiares of Dorman Products: RB Distribution Inc., and RB Management Inc.. Read More

NASDAQ:DORM

Dorman Products (DORM) Stock Price, News & Analysis

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Free DORM Stock Alerts

$88.40

+0.49 (+0.56%)

(As of 04/19/2024 ET)

Compare

Today's Range: $87.42
▼
$88.66
50-Day Range: $81.16
▼
$97.60
52-Week Range: $60.01
▼
$98.55

Volume: 98,489 shs
Average Volume: 118,139 shs
Market Capitalization: $2.74 billion

P/E Ratio: 21.56
Dividend Yield: N/A
Price Target: $103.00

Get Dorman Products alerts:

Dorman Products MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 16.5% Upside
$103.00 Price Target
Short Interest: Healthy
1.43% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.53
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 10.63%
From $5.55 to $6.14 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.05 out of 5 stars

Auto/Tires/Trucks Sector

40th out of 77 stocks

Motor Vehicle Parts & Accessories Industry

18th out of 31 stocks

2.5

Analyst's Opinion

Consensus Rating
Dorman Products has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Dorman Products has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.43% of the float of Dorman Products has been sold short.
Short Interest Ratio / Days to Cover
Dorman Products has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Dorman Products has recently decreased by 22.46%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Dorman Products does not currently pay a dividend.
Dividend Growth
Dorman Products does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DORM.

2.5

News and Social Media Coverage

News Sentiment
Dorman Products has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.40 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Dorman Products this week, compared to 3 articles on an average week.
MarketBeat Follows
Only 5 people have added Dorman Products to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Dorman Products insiders have not sold or bought any company stock.
Percentage Held by Insiders
10.30% of the stock of Dorman Products is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
84.70% of the stock of Dorman Products is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Dorman Products are expected to grow by 10.63% in the coming year, from $5.55 to $6.14 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Dorman Products is 21.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.09.
Price to Earnings Ratio vs. Sector
The P/E ratio of Dorman Products is 21.56, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 13.77.
Price to Book Value per Share Ratio
Dorman Products has a P/B Ratio of 2.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Dorman Products Stock (NASDAQ:DORM)

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. The company also provides air tanks, shock absorbers, and air springs; transmission control modules, variable geometry timing actuators, and other control modules and sensors; new control arms, suspension components, door lock actuators, and handles for electric vehicles; and leaf springs, intake manifolds, exhaust manifolds, window regulators, radiator fan assemblies, tire pressure monitor sensors, exhaust gas recirculation coolers, UTV windshields, and complex electronics modules. It markets its products under the DORMAN, DORMAN OE FIX, HELP!, Conduct-Tite, Dayton Parts, SuperATV, Keller Performance Products, Assault Industries, Gboost, and GDP brands. Dorman Products, Inc. was founded in 1918 and is headquartered in Colmar, Pennsylvania.

DORM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

DORM Stock News Headlines

April 19, 2024 | markets.businessinsider.com

Snap-on (SNA) Receives a Rating Update from a Top Analyst

April 18, 2024 | msn.com

Dorman Products to Announce First Quarter Results, Host Conference Call

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

April 18, 2024 | finance.yahoo.com

Has Dorman Products, Inc. (NASDAQ:DORM) Stock's Recent Performance Got Anything to Do With Its Financial Health?

April 16, 2024 | finance.yahoo.com

Dorman Products, Inc. Announces Date to Report First Quarter 2024 Financial Results

March 29, 2024 | msn.com

Community, lawmakers express mixed feelings on property tax relief package with only days left in session

March 28, 2024 | finance.yahoo.com

When Should You Buy Dorman Products, Inc. (NASDAQ:DORM)?

March 16, 2024 | msn.com

Structure fire reported on Beacon Hill Drive in Fort Wright

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

March 16, 2024 | finance.yahoo.com

DORM Apr 2024 100.000 call

March 16, 2024 | finance.yahoo.com

DORM Apr 2024 80.000 call

March 16, 2024 | finance.yahoo.com

DORM Apr 2024 90.000 put

March 12, 2024 | globenewswire.com

Dorman new releases for March include dozens of cost-saving repair solutions and aftermarket-exclusive innovations

February 29, 2024 | msn.com

Dorman Products Posts Record Earnings, Exhibits Resilience Despite Shortened Fiscal Year

February 28, 2024 | finance.yahoo.com

Dorman Products, Inc. (NASDAQ:DORM) Q4 2023 Earnings Call Transcript

February 28, 2024 | nasdaq.com

Dorman Products Stock: Gearing up for Growth in Aftermarket Lane

February 28, 2024 | finance.yahoo.com

Q4 2023 Dorman Products Inc Earnings Call

February 27, 2024 | msn.com

Sentara Community Impact: New Creation

February 27, 2024 | wsj.com

Dorman Products Inc.

February 27, 2024 | seekingalpha.com

Dorman Products: The Time For An Upgrade Is Here At Last (Rating Upgrade)

February 26, 2024 | finance.yahoo.com

Dorman Products Inc (DORM) Reports Record EPS Growth in Q4; Full Year 2023 Sales Hit $1.93 Billion

February 26, 2024 | globenewswire.com

Dorman Products, Inc. Reports Fourth Quarter and Full Year 2023 Results; Issues 2024 Guidance

February 25, 2024 | markets.businessinsider.com

Here's what to expect from Dorman Products's earnings report

February 21, 2024 | finance.yahoo.com

DORM May 2024 115.000 call

February 17, 2024 | finance.yahoo.com

DORM Mar 2024 85.000 call

February 15, 2024 | finance.yahoo.com

Newest light- and heavy-duty repair innovations reinforce Dorman’s leadership of the automotive aftermarket

February 15, 2024 | globenewswire.com

Newest light- and heavy-duty repair innovations reinforce Dorman's leadership of the automotive aftermarket

See More Headlines

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Company Calendar

Last Earnings: 2/26/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/07/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Auto/Tires/Trucks
Industry: Motor vehicle parts & accessories
Sub-Industry: Auto Parts & Equipment
Current Symbol: NASDAQ:DORM
CUSIP: 25827810
CIK: 868780
Web: www.dormanproducts.com
Phone: (215) 997-1800
Fax: 215-997-1741
Employees: 3,872
Year Founded: 1918

Price Target and Rating

Average Stock Price Target: $103.00
High Stock Price Target: $116.00
Low Stock Price Target: $90.00
Potential Upside/Downside: +17.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.10
Trailing P/E Ratio: 21.44
Forward P/E Ratio: 15.84
P/E Growth: N/A
Net Income: $129.26 million
Net Margins: 6.70%
Pretax Margin: 8.73%
Return on Equity: 12.92%
Return on Assets: 6.31%

Debt

Debt-to-Equity Ratio: 0.40
Current Ratio: 2.25
Quick Ratio: 1.09

Sales & Book Value

Annual Sales: $1.93 billion
Price / Sales: 1.41
Cash Flow: $6.28 per share
Price / Cash Flow: 14.00
Book Value: $37.10 per share
Price / Book: 2.37

Miscellaneous

Outstanding Shares: 31,030,000
Free Float: 27,830,000
Market Cap: $2.73 billion
Optionable: Optionable
Beta: 0.81

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Key Executives

Mr. Steven L. Berman (Age 64)
Founder & Non-Executive Chairman
Comp: $963.55k
Mr. Kevin M. Olsen (Age 52)
President, CEO & Director
Comp: $1.14M
Mr. David M. Hession (Age 55)
Senior VP, CFO & Treasurer
Comp: $601.05k
Mr. Joseph P. Braun (Age 50)
Senior VP, General Counsel & Secretary
Comp: $529.28k
Mr. Jeffery L. Darby (Age 56)
Senior Vice President of Sales & Marketing
Comp: $540.08k
Mr. John McKnight (Age 55)
President of Heavy Duty
Comp: $532.76k
Ms. Donna M. Long (Age 56)
Senior VP & Chief Information Officer
Mr. Brian J. Borradaile
Senior Vice President of Strategy & Corporate Development
Mr. Scott D. Leff (Age 52)
Senior VP & Chief Human Resources Officer
Mr. Eric B. Luftig (Age 50)
Senior Vice President of Product

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DORM Stock Analysis - Frequently Asked Questions

Should I buy or sell Dorman Products stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dorman Products in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DORM shares.
View DORM analyst ratings or view top-rated stocks.
What is Dorman Products' stock price target for 2024?: 2 Wall Street research analysts have issued twelve-month price objectives for Dorman Products' shares. Their DORM share price targets range from $90.00 to $116.00. On average, they expect the company's share price to reach $103.00 in the next year. This suggests a possible upside of 16.5% from the stock's current price.
View analysts price targets for DORM or view top-rated stocks among Wall Street analysts.
How have DORM shares performed in 2024?: Dorman Products' stock was trading at $83.41 at the beginning of the year. Since then, DORM stock has increased by 6.0% and is now trading at $88.40.
View the best growth stocks for 2024 here.
Are investors shorting Dorman Products?: Dorman Products saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 372,800 shares, a decrease of 22.5% from the March 15th total of 480,800 shares. Based on an average daily trading volume, of 122,300 shares, the days-to-cover ratio is presently 3.0 days. Approximately 1.4% of the company's shares are short sold.
View Dorman Products' Short Interest.
When is Dorman Products' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our DORM earnings forecast.
How can I listen to Dorman Products' earnings call?: Dorman Products will be holding an earnings conference call on Tuesday, May 7th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Dorman Products' earnings last quarter?: Dorman Products, Inc. (NASDAQ:DORM) announced its earnings results on Monday, February, 26th. The auto parts company reported $1.57 earnings per share for the quarter, topping analysts' consensus estimates of $1.41 by $0.16. The auto parts company earned $494.30 million during the quarter, compared to analyst estimates of $494.86 million. Dorman Products had a trailing twelve-month return on equity of 12.92% and a net margin of 6.70%. The firm's revenue was down 1.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.01 earnings per share.
What ETFs hold Dorman Products' stock?: ETFs with the largest weight of Dorman Products (NASDAQ:DORM) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) and First Trust Nasdaq Transportation ETF (FTXR).SPDR S&P 600 Small Cap ETF (SLY).

What guidance has Dorman Products issued on next quarter's earnings?: Dorman Products issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of 5.400-5.700 for the period, compared to the consensus EPS estimate of 5.210. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion.
What is Kevin M. Olsen's approval rating as Dorman Products' CEO?: 0 employees have rated Dorman Products Chief Executive Officer Kevin M. Olsen on Glassdoor.com. Kevin M. Olsen has an approval rating of 65% among the company's employees. 48.0% of employees surveyed would recommend working at Dorman Products to a friend.
What other stocks do shareholders of Dorman Products own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Dorman Products investors own include AbbVie (ABBV), Intel (INTC), Exxon Mobil (XOM), International Business Machines (IBM), Gilead Sciences (GILD), Wells Fargo & Company (WFC), Abbott Laboratories (ABT), General Motors (GM), JPMorgan Chase & Co. (JPM) and 3M (MMM).
Who are Dorman Products' major shareholders?: Dorman Products' stock is owned by a variety of institutional and retail investors. Top institutional investors include Tributary Capital Management LLC (0.66%), RK Asset Management LLC (0.12%), Bridge City Capital LLC (0.12%), State of Alaska Department of Revenue (0.06%), Park Avenue Securities LLC (0.01%) and Mather Group LLC. (0.00%). Insiders that own company stock include Eric Luftig, G Michael Stakias, James Darrell Thomas, Jeffery Darby, John J Gavin, Michael Kealey and Steven L Berman.
View institutional ownership trends.
How do I buy shares of Dorman Products?: Shares of DORM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Dorman Products have any subsidiaries?: The following companies are subsidiares of Dorman Products: RB Distribution Inc., and RB Management Inc..
Read More

This page (NASDAQ:DORM) was last updated on 4/19/2024 by MarketBeat.com Staff

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Dorman Products (DORM) Stock Price, News & Analysis

Dorman Products MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Dorman Products Stock (NASDAQ:DORM)

DORM Stock Price History

DORM Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

DORM Stock Analysis - Frequently Asked Questions

Overall MarketRank^™