Dorman Products (NASDAQ:DORM) Posts Earnings Results, Beats Estimates By $0.21 EPS

Dorman Products (NASDAQ:DORM) released its quarterly earnings results on Wednesday. The auto parts company reported $2.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.99 by $0.21, Zacks reports. The firm had revenue of $533.77 million for the quarter, compared to analysts’ expectations of $523.95 million. Dorman Products had a net margin of 9.43% and a return on equity of 16.95%. Dorman Products updated its FY 2025 guidance to 7.550-7.850 EPS.

Dorman Products Stock Up 3.2 %

Shares of DORM opened at $127.99 on Friday. The stock has a 50 day moving average price of $128.60 and a 200 day moving average price of $123.95. Dorman Products has a one year low of $86.61 and a one year high of $146.60. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.16 and a current ratio of 2.34. The stock has a market capitalization of $3.91 billion, a price-to-earnings ratio of 21.40 and a beta of 0.88.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Roth Mkm reiterated a “buy” rating and issued a $153.00 target price (up previously from $126.00) on shares of Dorman Products in a research 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.

Insider Buying and Selling at Dorman Products

In other news, insider John Mcknight sold 8,185 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $139.34, for a total value of $1,140,497.90. Following the completion of the sale, the insider now directly owns 8,902 shares in the company, valued at $1,240,404.68. This represents a 47.90 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Steven L. Berman sold 8,485 shares of Dorman Products stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $136.83, for a total value of $1,161,002.55. Following the transaction, the director now owns 867,671 shares in the company, valued at approximately $118,723,422.93. The trade was a 0.97 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 49,533 shares of company stock worth $6,619,683. Corporate insiders own 10.00% 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.