Dorman Products, Inc. (NASDAQ:DORM) Receives $157.00 Consensus Target Price from Analysts

Shares of Dorman Products, Inc. (NASDAQ:DORM) have received a consensus rating of “Moderate Buy” from the eight brokerages that are presently covering the stock, Marketbeat Ratings reports. Two 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 target among analysts that have updated their coverage on the stock in the last year is $159.50.

A number of brokerages have weighed in on DORM. Zacks Research upgraded Dorman Products from a “strong sell” rating to a “hold” rating in a research report on Friday, May 15th. Barrington Research reiterated an “outperform” rating and set a $150.00 target price on shares of Dorman Products in a research report on Monday, May 4th. Wells Fargo & Company lifted their price target on shares of Dorman Products from $140.00 to $155.00 and gave the company an “overweight” rating in a report on Tuesday. Finally, Weiss Ratings upgraded shares of Dorman Products from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 10th.

Dorman Products Trading Down 0.1%

Shares of DORM stock opened at $137.47 on Friday. The firm has a fifty day moving average of $128.79 and a 200-day moving average of $121.04. The stock has a market cap of $4.11 billion, a price-to-earnings ratio of 22.17 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 issued its earnings results on Monday, May 4th. The auto parts company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.05. The business had revenue of $528.77 million for the quarter, compared to analyst estimates of $524.80 million. Dorman Products had a net margin of 8.84% and a return on equity of 17.73%. The firm’s revenue was up 4.2% on a year-over-year basis. During the same period in the previous year, the business earned $2.02 EPS. Dorman Products has set its FY 2026 guidance at 8.100-8.500 EPS. On average, equities research analysts forecast that Dorman Products will post 8.22 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Dorman Products

Large investors have recently bought and sold shares of the business. Reinhart Partners LLC. acquired a new position in Dorman Products during the 2nd quarter worth about $93,386,000. Westfield Capital Management Co. LP acquired a new stake in Dorman Products in the 4th quarter valued at about $56,940,000. Victory Capital Management Inc. raised its stake in shares of Dorman Products by 4,111.8% in the fourth quarter. Victory Capital Management Inc. now owns 366,087 shares of the auto parts company’s stock worth $45,098,000 after acquiring an additional 357,395 shares during the last quarter. Norges Bank acquired a new position in shares of Dorman Products during the fourth quarter worth approximately $41,488,000. Finally, Jennison Associates LLC lifted its position in shares of Dorman Products by 22.1% during the fourth quarter. Jennison Associates LLC now owns 813,781 shares of the auto parts company’s stock worth $100,250,000 after purchasing an additional 147,233 shares in the last quarter. 84.70% of the stock is currently owned by institutional investors.

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.