Dorman Products (NASDAQ:DORM) Releases Earnings Results, Beats Expectations By $0.21 EPS

Dorman Products (NASDAQ:DORM) posted its earnings results on Wednesday. The auto parts company reported $2.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.99 by $0.21, Zacks reports. Dorman Products had a return on equity of 16.95% and a net margin of 9.43%. Dorman Products updated its FY 2025 guidance to 7.550-7.850 EPS.

Dorman Products Stock Down 1.2 %

Shares of DORM traded down $1.56 during mid-day trading on Wednesday, reaching $124.01. The company had a trading volume of 186,400 shares, compared to its average volume of 171,549. Dorman Products has a 52 week low of $86.61 and a 52 week 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 company has a market capitalization of $3.78 billion, a price-to-earnings ratio of 20.74 and a beta of 0.88. The firm has a 50-day moving average price of $128.76 and a 200 day moving average price of $123.92.

Insiders Place Their Bets

In other Dorman Products news, insider John Mcknight sold 8,185 shares of the business’s stock in a transaction dated 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 transaction, the insider now owns 8,902 shares of the company’s stock, valued at approximately $1,240,404.68. The trade was a 47.90 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Steven L. Berman sold 8,524 shares of Dorman Products stock in a transaction that occurred on Wednesday, January 29th. The stock was sold at an average price of $131.79, for a total transaction of $1,123,377.96. Following the completion of the sale, the director now directly owns 773,094 shares of the company’s stock, valued at approximately $101,886,058.26. This trade represents a 1.09 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 49,533 shares of company stock valued at $6,619,683. 10.00% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Roth Mkm reissued a “buy” rating and set a $153.00 target price (up from $126.00) on shares of Dorman Products in a research note on Monday, November 4th. StockNews.com lowered shares of Dorman Products from a “strong-buy” rating to a “buy” rating in a report on Tuesday, February 11th. Four research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Dorman Products currently has an average rating of “Buy” and an average price target of $125.67.

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.