Dorman Products (NASDAQ:DORM) Updates FY 2025 Earnings Guidance

Dorman Products (NASDAQ:DORM) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided EPS guidance of 7.550-7.850 for the period, compared to the consensus EPS estimate of 7.690. The company issued revenue guidance of $2.1 billion-$2.1 billion, compared to the consensus revenue estimate of $2.1 billion.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Dorman Products from a “buy” rating to a “strong-buy” rating in a research note on Monday.

Dorman Products Stock Up 2.9 %

Shares of NASDAQ:DORM traded up $3.33 during trading on Tuesday, hitting $118.28. 61,478 shares of the company were exchanged, compared to its average volume of 178,683. Dorman Products has a fifty-two week low of $87.05 and a fifty-two week high of $146.60. The stock has a market cap of $3.61 billion, a price-to-earnings ratio of 19.77 and a beta of 0.86. The company has a current ratio of 2.34, a quick ratio of 1.16 and a debt-to-equity ratio of 0.37. The firm has a fifty day moving average price of $119.94 and a two-hundred day moving average price of $126.80.

Dorman Products (NASDAQ:DORM) last issued its earnings results on Monday, May 5th. The auto parts company reported $2.02 earnings per share for the quarter, topping analysts’ consensus estimates of $1.48 by $0.54. Dorman Products had a net margin of 9.43% and a return on equity of 16.95%. The business had revenue of $507.69 million for the quarter, compared to the consensus estimate of $483.09 million. During the same period in the previous year, the company earned $1.31 earnings per share. The firm’s revenue for the quarter was up 8.3% on a year-over-year basis. As a group, research analysts anticipate that Dorman Products will post 6.9 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, SVP Donna M. Long sold 742 shares of the company’s stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $130.38, for a total value of $96,741.96. Following the transaction, the senior vice president now owns 19,894 shares of the company’s stock, valued at approximately $2,593,779.72. This represents a 3.60 % decrease in their ownership of the stock. The transaction 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.

About Dorman Products

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.