Dorman Products, Inc. (NASDAQ:DORM) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Dorman Products, Inc. (NASDAQ:DORM) have received a consensus rating of “Moderate Buy” from the eight research firms that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $157.00.

A number of equities analysts have issued reports on DORM shares. Zacks Research raised shares of Dorman Products from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. Barrington Research reiterated an “outperform” rating and issued a $150.00 price objective on shares of Dorman Products in a research report on Monday, May 4th. Finally, Weiss Ratings upgraded shares of Dorman Products from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 10th.

Institutional Investors Weigh In On Dorman Products

Several institutional investors have recently added to or reduced their stakes in DORM. EverSource Wealth Advisors LLC increased its holdings in Dorman Products by 594.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 236 shares of the auto parts company’s stock worth $29,000 after purchasing an additional 202 shares in the last quarter. Miller Capital Partners Inc. acquired a new position in shares of Dorman Products during the fourth quarter worth about $37,000. Sankala Group LLC bought a new position in shares of Dorman Products during the fourth quarter worth about $47,000. Kestra Advisory Services LLC acquired a new stake in Dorman Products in the 4th quarter valued at approximately $48,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in Dorman Products in the 4th quarter valued at approximately $60,000. 84.70% of the stock is owned by institutional investors.

Dorman Products Stock Up 4.8%

Shares of DORM opened at $144.12 on Friday. The business’s fifty day moving average price is $127.74 and its two-hundred day moving average price is $120.74. The firm has a market capitalization of $4.31 billion, a price-to-earnings ratio of 23.25 and a beta of 0.97. Dorman Products has a 52 week low of $98.44 and a 52 week high of $166.89. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.28 and a current ratio of 3.29.

Dorman Products (NASDAQ:DORM) last released its earnings results on Monday, May 4th. The auto parts company reported $1.57 earnings per share for the quarter, topping analysts’ consensus estimates of $1.52 by $0.05. Dorman Products had a return on equity of 17.73% and a net margin of 8.84%.The company had revenue of $528.77 million during the quarter, compared to the consensus estimate of $524.80 million. During the same quarter in the previous year, the company posted $2.02 earnings per share. The firm’s quarterly revenue was up 4.2% on a year-over-year basis. Dorman Products has set its FY 2026 guidance at 8.100-8.500 EPS. On average, analysts predict that Dorman Products will post 8.22 earnings per share for the current year.

Dorman Products Company Profile

Dorman Products, Inc is a leading independent global supplier of automotive aftermarket parts and hardware. Headquartered in Colmar, Pennsylvania, the company specializes in the design, manufacture and distribution of replacement components for passenger cars, light trucks and commercial vehicles. Dorman’s offerings span both mechanical and electrical systems, providing solutions that help repair shops and retailers address wear-out and collision-related failures on domestic and import vehicles.

The company’s extensive product portfolio includes steering and suspension components, brake system parts, engine management and cooling products, exterior and body hardware, and an array of fasteners, clips and brackets.