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NASDAQ:DORM

Dorman Products (DORM) Stock Price, News & Analysis

Dorman Products logo
$137.02 +1.87 (+1.38%)
(As of 11/21/2024 ET)

About Dorman Products Stock (NASDAQ:DORM)

Key Stats

Today's Range
$134.34
$137.30
50-Day Range
$108.64
$138.00
52-Week Range
$69.77
$146.60
Volume
151,577 shs
Average Volume
136,784 shs
Market Capitalization
$4.18 billion
P/E Ratio
22.91
Dividend Yield
N/A
Price Target
$125.67
Consensus Rating
Buy

Company Overview

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. The company also provides air tanks, shock absorbers, and air springs; transmission control modules, variable geometry timing actuators, and other control modules and sensors; new control arms, suspension components, door lock actuators, and handles for electric vehicles; and leaf springs, intake manifolds, exhaust manifolds, window regulators, radiator fan assemblies, tire pressure monitor sensors, exhaust gas recirculation coolers, UTV windshields, and complex electronics modules. It markets its products under the DORMAN, DORMAN OE FIX, HELP!, Conduct-Tite, Dayton Parts, SuperATV, Keller Performance Products, Assault Industries, Gboost, and GDP brands. Dorman Products, Inc. was founded in 1918 and is headquartered in Colmar, Pennsylvania.

Dorman Products Stock Analysis - MarketRank™

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57th Percentile Overall Score

DORM MarketRank™: 

Dorman Products scored higher than 57% of companies evaluated by MarketBeat, and ranked 45th out of 90 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Dorman Products has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Dorman Products has only been the subject of 2 research reports in the past 90 days.

  • Read more about Dorman Products' stock forecast and price target.
  • Earnings Growth

    Earnings for Dorman Products are expected to grow by 9.28% in the coming year, from $6.90 to $7.54 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Dorman Products is 22.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.60.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Dorman Products is 22.91, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 12.15.

  • Price to Book Value per Share Ratio

    Dorman Products has a P/B Ratio of 3.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Dorman Products' valuation and earnings.
  • Percentage of Shares Shorted

    1.27% of the float of Dorman Products has been sold short.
  • Short Interest Ratio / Days to Cover

    Dorman Products has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Dorman Products has recently decreased by 8.07%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Dorman Products does not currently pay a dividend.

  • Dividend Growth

    Dorman Products does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.27% of the float of Dorman Products has been sold short.
  • Short Interest Ratio / Days to Cover

    Dorman Products has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Dorman Products has recently decreased by 8.07%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Dorman Products has a news sentiment score of 1.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Auto/Tires/Trucks companies.
  • News Coverage This Week

    MarketBeat has tracked 11 news articles for Dorman Products this week, compared to 4 articles on an average week.
  • Search Interest

    1 people have searched for DORM on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Dorman Products insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,492,584.00 in company stock.

  • Percentage Held by Insiders

    Only 10.00% of the stock of Dorman Products is held by insiders.

  • Percentage Held by Institutions

    84.70% of the stock of Dorman Products is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Dorman Products' insider trading history.
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DORM Stock News Headlines

War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
4-Alarm Fire Burns In Colmar
Roth MKM Keeps Their Buy Rating on Dorman Products (DORM)
See More Headlines

DORM Stock Analysis - Frequently Asked Questions

Dorman Products' stock was trading at $83.41 at the beginning of the year. Since then, DORM stock has increased by 64.3% and is now trading at $137.02.
View the best growth stocks for 2024 here
.

Dorman Products, Inc. (NASDAQ:DORM) posted its quarterly earnings data on Thursday, October, 31st. The auto parts company reported $1.96 EPS for the quarter, topping analysts' consensus estimates of $1.53 by $0.43. Dorman Products's revenue was up 3.2% compared to the same quarter last year.

The following companies are subsidiaries of Dorman Products: RB Distribution Inc., and RB Management Inc..

Top institutional investors of Dorman Products include State Street Corp (3.63%), Geode Capital Management LLC (2.08%), Royce & Associates LP (1.72%) and Jennison Associates LLC (1.49%). Insiders that own company stock include Steven L Berman, Michael Kealey, Donna M Long, Jeffery Darby, Scott Leff, G Michael Stakias, John J Gavin, Eric Luftig and James Darrell Thomas.
View institutional ownership trends
.

Shares of DORM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Dorman Products investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), EMCOR Group (EME) and ServiceNow (NOW).

Company Calendar

Last Earnings
10/31/2024
Today
11/21/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/24/2025

Industry, Sector and Symbol

Industry
Motor vehicle parts & accessories
Sub-Industry
Auto Parts & Equipment
Current Symbol
NASDAQ:DORM
CUSIP
25827810
Employees
3,872
Year Founded
1918

Price Target and Rating

Average Stock Price Target
$125.67
High Stock Price Target
$153.00
Low Stock Price Target
$90.00
Potential Upside/Downside
-7.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$129.26 million
Pretax Margin
12.37%

Debt

Sales & Book Value

Annual Sales
$1.93 billion
Cash Flow
$6.30 per share
Book Value
$40.46 per share

Miscellaneous

Free Float
27,465,000
Market Cap
$4.15 billion
Optionable
Optionable
Beta
0.83

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This page (NASDAQ:DORM) was last updated on 11/21/2024 by MarketBeat.com Staff
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