FY2025 EPS Forecast for Dorman Products Lifted by Analyst

Dorman Products, Inc. (NASDAQ:DORM) – Investment analysts at Barrington Research lifted their FY2025 earnings estimates for Dorman Products in a research report issued to clients and investors on Wednesday, October 29th. Barrington Research analyst G. Prestopino now expects that the auto parts company will post earnings per share of $8.90 for the year, up from their prior estimate of $8.60. The consensus estimate for Dorman Products’ current full-year earnings is $6.90 per share. Barrington Research also issued estimates for Dorman Products’ FY2026 earnings at $9.61 EPS.

Dorman Products (NASDAQ:DORM) last announced its earnings results on Monday, October 27th. The auto parts company reported $2.62 EPS for the quarter, beating analysts’ consensus estimates of $2.31 by $0.31. Dorman Products had a net margin of 11.62% and a return on equity of 19.85%. The business had revenue of $543.74 million during the quarter, compared to analysts’ expectations of $548.60 million. During the same period in the prior year, the company earned $1.96 earnings per share. The firm’s revenue was up 7.9% on a year-over-year basis. Dorman Products has set its FY 2025 guidance at 8.600-8.900 EPS.

DORM has been the topic of several other reports. Weiss Ratings upgraded Dorman Products from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, October 8th. Wall Street Zen downgraded Dorman Products from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 26th. Zacks Research cut Dorman Products from a “strong-buy” rating to a “hold” rating in a research report on Monday. Roth Capital boosted their price objective on Dorman Products to $182.00 and gave the company a “buy” rating in a research note on Tuesday, August 26th. Finally, Stephens started coverage on shares of Dorman Products in a report on Tuesday, September 30th. They issued an “overweight” rating and a $185.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $175.00.

Dorman Products Trading Up 0.7%

Shares of DORM stock opened at $134.50 on Thursday. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.94 and a quick ratio of 1.21. The company has a market cap of $4.11 billion, a price-to-earnings ratio of 16.75 and a beta of 0.84. Dorman Products has a 1 year low of $106.95 and a 1 year high of $166.89. The firm has a fifty day moving average price of $153.67 and a 200-day moving average price of $135.63.

Insider Transactions at Dorman Products

In related news, CAO Gregory C. Bowen sold 1,453 shares of Dorman Products stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $162.81, for a total transaction of $236,562.93. Following the sale, the chief accounting officer owned 4,659 shares of the company’s stock, valued at approximately $758,531.79. This trade represents a 23.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 8.90% of the company’s stock.

Institutional Investors Weigh In On Dorman Products

Institutional investors have recently added to or reduced their stakes in the stock. TD Private Client Wealth LLC lifted its holdings in shares of Dorman Products by 5.9% in the third quarter. TD Private Client Wealth LLC now owns 1,457 shares of the auto parts company’s stock worth $227,000 after buying an additional 81 shares in the last quarter. Private Trust Co. NA grew its stake in Dorman Products by 101.2% during the third quarter. Private Trust Co. NA now owns 165 shares of the auto parts company’s stock valued at $26,000 after acquiring an additional 83 shares in the last quarter. Nisa Investment Advisors LLC increased its holdings in Dorman Products by 0.9% in the 3rd quarter. Nisa Investment Advisors LLC now owns 9,539 shares of the auto parts company’s stock valued at $1,487,000 after acquiring an additional 86 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Dorman Products by 3.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 2,469 shares of the auto parts company’s stock worth $298,000 after purchasing an additional 90 shares in the last quarter. Finally, Xponance Inc. lifted its stake in Dorman Products by 4.8% in the 1st quarter. Xponance Inc. now owns 1,966 shares of the auto parts company’s stock worth $237,000 after purchasing an additional 90 shares in the last quarter. 84.70% of the stock is owned by hedge funds and other institutional investors.

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.