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

Shares of Dorman Products, Inc. (NASDAQ:DORM) have been assigned an average rating of “Moderate Buy” from the eight research firms that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $157.00.

DORM has been the subject of several analyst reports. Stephens reiterated an “overweight” rating and set a $150.00 price objective on shares of Dorman Products in a report on Wednesday, March 18th. Barrington Research reissued an “outperform” rating and issued a $150.00 target price on shares of Dorman Products in a research report on Monday, May 4th. Wall Street Zen downgraded Dorman Products from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Zacks Research raised Dorman Products from a “strong sell” rating to a “hold” rating in a research report on Friday, May 15th. Finally, Jefferies Financial Group raised Dorman Products from a “hold” rating to a “buy” rating and cut their target price for the company from $159.00 to $140.00 in a research report on Monday, March 2nd.

Dorman Products Stock Down 1.0%

Shares of NASDAQ DORM opened at $122.71 on Thursday. The company has a current ratio of 3.29, a quick ratio of 1.28 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $3.67 billion, a PE ratio of 19.79 and a beta of 0.99. The stock’s fifty day simple moving average is $112.18 and its two-hundred day simple moving average is $120.03. Dorman Products has a 12-month low of $98.44 and a 12-month high of $166.89.

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

Insider Activity

In other Dorman Products news, SVP Donna M. Long sold 947 shares of the stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $103.07, for a total transaction of $97,607.29. Following the sale, the senior vice president directly owned 20,073 shares of the company’s stock, valued at approximately $2,068,924.11. This trade represents a 4.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 7.70% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Dorman Products

Institutional investors have recently modified their holdings of the business. Oliver Luxxe Assets LLC acquired a new stake in shares of Dorman Products during the 4th quarter valued at about $1,885,000. Envestnet Asset Management Inc. lifted its stake in Dorman Products by 15.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 190,530 shares of the auto parts company’s stock valued at $29,700,000 after buying an additional 25,710 shares in the last quarter. First National Bank of Omaha purchased a new position in Dorman Products in the 3rd quarter valued at about $5,099,000. First Eagle Investment Management LLC purchased a new position in Dorman Products in the 4th quarter valued at about $9,035,000. Finally, Vanguard Group Inc. lifted its stake in Dorman Products by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 3,061,577 shares of the auto parts company’s stock valued at $477,239,000 after buying an additional 9,811 shares in the last quarter. 84.70% of the stock is currently owned by institutional investors and hedge funds.

About Dorman Products

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.