Dorman Products (DORM) to Release Earnings on Wednesday

Dorman Products (NASDAQ:DORM - Get Free Report) will likely be announcing its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $1.99 per share and revenue of $523.95 million for the quarter. Investors interested in listening to the company's conference call can do so using this link.

Dorman Products Stock Performance

Shares of NASDAQ DORM traded down $2.73 during midday trading on Friday, hitting $123.77. 154,886 shares of the company's stock were exchanged, compared to its average volume of 153,966. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.34 and a quick ratio of 1.16. The stock's 50 day moving average price is $129.21 and its 200-day moving average price is $123.42. The firm has a market cap of $3.78 billion, a P/E ratio of 20.70 and a beta of 0.88. Dorman Products has a twelve month low of $80.67 and a twelve month high of $146.60.

Analyst Ratings Changes

DORM has been the topic of several research reports. Roth Mkm reaffirmed a "buy" rating and issued a $153.00 price target (up previously from $126.00) on shares of Dorman Products in a report on Monday, November 4th. StockNews.com cut Dorman Products from a "strong-buy" rating to a "buy" rating in a report on Tuesday, February 11th. Four equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Dorman Products has a consensus rating of "Buy" and an average price target of $125.67.

Insider Buying and Selling at Dorman Products

In other Dorman Products news, insider John Mcknight sold 8,185 shares of the business's stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $139.34, for a total transaction of $1,140,497.90. Following the sale, the insider now directly owns 8,902 shares of the company's stock, valued at $1,240,404.68. The trade was a 47.90 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Eric Luftig sold 3,278 shares of the company's stock in a transaction on Monday, November 25th. The stock was sold at an average price of $141.19, for a total transaction of $462,820.82. Following the completion of the transaction, the senior vice president now directly owns 5,934 shares in the company, valued at $837,821.46. This trade represents a 35.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 52,811 shares of company stock valued at $7,082,504 in the last three months. 10.00% of the stock is currently owned by company insiders.

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.