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

Dorman Products (NASDAQ:DORM - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 7.550-7.850 for the period, compared to the consensus EPS estimate of 7.530. The company issued revenue guidance of -, compared to the consensus revenue estimate of $2.1 billion.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Roth Mkm restated a "buy" rating and issued a $153.00 target price (up from $126.00) on shares of Dorman Products in a research note on Monday, November 4th. StockNews.com upgraded Dorman Products from a "buy" rating to a "strong-buy" rating in a research note on Friday.

Dorman Products Stock Performance

Shares of NASDAQ DORM traded up $3.47 during trading hours on Friday, reaching $131.46. The stock had a trading volume of 321,976 shares, compared to its average volume of 183,638. 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 business's fifty day moving average is $128.60 and its two-hundred day moving average is $124.42. Dorman Products has a twelve month low of $86.61 and a twelve month high of $146.60. The company has a market cap of $4.01 billion, a price-to-earnings ratio of 21.98 and a beta of 0.88.

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Dorman Products (NASDAQ:DORM - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The auto parts company reported $2.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.99 by $0.21. Dorman Products had a return on equity of 16.95% and a net margin of 9.43%. The firm had revenue of $533.77 million during the quarter, compared to analyst estimates of $523.95 million. As a group, research analysts expect that Dorman Products will post 6.9 EPS for the current year.

Insiders Place Their Bets

In other Dorman Products news, insider John Mcknight sold 8,185 shares of the stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $139.34, for a total transaction of $1,140,497.90. Following the completion of the transaction, 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 legal filing with the SEC, which can be accessed through this link. Also, Director Steven L. Berman sold 8,485 shares of the firm's stock in a transaction on Monday, December 16th. The shares were sold at an average price of $136.83, for a total value of $1,161,002.55. Following the completion of the sale, the director now owns 867,671 shares of the company's stock, valued at approximately $118,723,422.93. This trade represents a 0.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 49,533 shares of company stock worth $6,619,683 over the last three months. 10.00% of the stock is currently owned by corporate insiders.

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.