Roth Capital Reduces Earnings Estimates for Dorman Products

Dorman Products, Inc. (NASDAQ:DORM) – Analysts at Roth Capital cut their FY2025 earnings per share (EPS) estimates for Dorman Products in a note issued to investors on Wednesday, October 29th. Roth Capital analyst S. Stember now expects that the auto parts company will earn $8.80 per share for the year, down from their prior forecast of $8.90. Roth Capital has a “Buy” rating and a $182.00 price objective on the stock. The consensus estimate for Dorman Products’ current full-year earnings is $6.90 per share. Roth Capital also issued estimates for Dorman Products’ Q4 2026 earnings at $2.71 EPS.

A number of other equities research analysts also recently weighed in on the company. BMO Capital Markets initiated coverage on Dorman Products in a research report on Thursday, September 18th. They issued an “outperform” rating and a $180.00 target price for the company. Wall Street Zen downgraded Dorman Products from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 26th. Stephens began coverage on Dorman Products in a research report on Tuesday, September 30th. They issued an “overweight” rating and a $185.00 target price for the company. Wells Fargo & Company began coverage on Dorman Products in a research report on Friday, August 22nd. They set an “overweight” rating and a $175.00 price objective for the company. Finally, Weiss Ratings upgraded Dorman Products from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Dorman Products has an average rating of “Buy” and a consensus target price of $175.00.

Dorman Products Stock Performance

DORM opened at $134.13 on Friday. The company has a market capitalization of $4.10 billion, a price-to-earnings ratio of 16.70 and a beta of 0.84. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.94 and a quick ratio of 1.21. Dorman Products has a 1-year low of $106.95 and a 1-year high of $166.89. The business has a 50 day moving average price of $153.09 and a two-hundred day moving average price of $135.77.

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

Institutional Trading of Dorman Products

A number of hedge funds have recently modified their holdings of the business. 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 valued at $227,000 after purchasing an additional 81 shares in the last quarter. Private Trust Co. NA lifted its holdings in shares of Dorman Products by 101.2% in the third quarter. Private Trust Co. NA now owns 165 shares of the auto parts company’s stock valued at $26,000 after purchasing an additional 83 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in shares of Dorman Products by 0.9% in the third quarter. Nisa Investment Advisors LLC now owns 9,539 shares of the auto parts company’s stock valued at $1,487,000 after purchasing an additional 86 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Dorman Products by 3.8% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 2,469 shares of the auto parts company’s stock valued at $298,000 after purchasing an additional 90 shares in the last quarter. Finally, Xponance Inc. lifted its holdings in shares of Dorman Products by 4.8% in the first quarter. Xponance Inc. now owns 1,966 shares of the auto parts company’s stock valued at $237,000 after purchasing an additional 90 shares in the last quarter. Hedge funds and other institutional investors own 84.70% of the company’s stock.

Insider Activity at Dorman Products

In other news, CAO Gregory C. Bowen sold 1,453 shares of the stock in a transaction 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 completion of the sale, the chief accounting officer owned 4,659 shares in the company, valued at approximately $758,531.79. This represents a 23.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 8.90% 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.