Analysts Set Dorman Products, Inc. (NASDAQ:DORM) Price Target at $157.00

Dorman Products, Inc. (NASDAQ:DORM) has been assigned an average recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $157.00.

A number of research analysts have recently issued reports on the stock. Barrington Research reiterated an “outperform” rating and issued a $150.00 target price on shares of Dorman Products in a research note on Monday, May 4th. Weiss Ratings upgraded Dorman Products from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 10th. Finally, Zacks Research raised Dorman Products from a “strong sell” rating to a “hold” rating in a report on Friday, May 15th.

Institutional Trading of Dorman Products

Several large investors have recently made changes to their positions in DORM. Revolve Wealth Partners LLC acquired a new stake in shares of Dorman Products in the second quarter valued at $204,000. Reinhart Partners LLC. acquired a new position in Dorman Products during the 2nd quarter worth about $93,386,000. NewEdge Advisors LLC lifted its position in Dorman Products by 13.5% during the 1st quarter. NewEdge Advisors LLC now owns 3,075 shares of the auto parts company’s stock worth $321,000 after buying an additional 365 shares in the last quarter. Summitry LLC grew its holdings in Dorman Products by 53.2% during the 1st quarter. Summitry LLC now owns 2,815 shares of the auto parts company’s stock worth $294,000 after acquiring an additional 978 shares during the last quarter. Finally, Liontrust Investment Partners LLP grew its holdings in Dorman Products by 7.6% during the 1st quarter. Liontrust Investment Partners LLP now owns 2,123 shares of the auto parts company’s stock worth $222,000 after acquiring an additional 150 shares during the last quarter. Institutional investors own 84.70% of the company’s stock.

Dorman Products Stock Performance

Shares of Dorman Products stock opened at $141.97 on Friday. Dorman Products has a 12-month low of $98.44 and a 12-month high of $166.89. The stock has a market capitalization of $4.24 billion, a P/E ratio of 22.90 and a beta of 0.97. The company has a 50-day simple moving average of $128.09 and a 200 day simple moving average of $120.86. The company has a quick ratio of 1.28, a current ratio of 3.29 and a debt-to-equity ratio of 0.27.

Dorman Products (NASDAQ:DORM) last released its quarterly earnings results on Monday, May 4th. The auto parts company reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.52 by $0.05. The firm had revenue of $528.77 million for the quarter, compared to analyst estimates of $524.80 million. Dorman Products had a net margin of 8.84% and a return on equity of 17.73%. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period in the previous year, the business earned $2.02 earnings per share. Dorman Products has set its FY 2026 guidance at 8.100-8.500 EPS. Research analysts expect that Dorman Products will post 8.22 earnings per share for the current fiscal year.

Dorman Products Company Profile

Dorman Products, Inc is a leading independent global supplier of automotive aftermarket parts and hardware. Headquartered in Colmar, Pennsylvania, the company specializes in the design, manufacture and distribution of replacement components for passenger cars, light trucks and commercial vehicles. Dorman’s offerings span both mechanical and electrical systems, providing solutions that help repair shops and retailers address wear-out and collision-related failures on domestic and import vehicles.

The company’s extensive product portfolio includes steering and suspension components, brake system parts, engine management and cooling products, exterior and body hardware, and an array of fasteners, clips and brackets.