Roth Capital Expects Stronger Earnings for Dorman Products

Dorman Products, Inc. (NASDAQ:DORM) – Research analysts at Roth Capital lifted their Q1 2025 earnings per share estimates for Dorman Products in a research note issued on Monday, November 4th. Roth Capital analyst S. Stember now anticipates that the auto parts company will post earnings per share of $1.45 for the quarter, up from their previous estimate of $1.40. The consensus estimate for Dorman Products’ current full-year earnings is $6.90 per share. Roth Capital also issued estimates for Dorman Products’ Q2 2025 earnings at $1.99 EPS and Q3 2025 earnings at $2.03 EPS.

Dorman Products (NASDAQ:DORM) last released its quarterly earnings results on Thursday, October 31st. The auto parts company reported $1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.43. The firm had revenue of $503.77 million for the quarter, compared to analysts’ expectations of $509.54 million. Dorman Products had a net margin of 9.43% and a return on equity of 16.95%. The firm’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.40 EPS.

Several other equities research analysts have also recently issued reports on DORM. Roth Mkm reiterated a “buy” rating and issued a $153.00 price objective (up from $126.00) on shares of Dorman Products in a report on Monday. CJS Securities assumed coverage on Dorman Products in a research note on Friday, September 13th. They issued an “outperform” rating and a $134.00 price target on the stock. Four analysts have rated the stock with a buy rating, According to MarketBeat.com, Dorman Products currently has a consensus rating of “Buy” and a consensus price target of $125.67.

Dorman Products Stock Up 3.0 %

DORM stock opened at $137.72 on Tuesday. Dorman Products has a 52 week low of $66.07 and a 52 week high of $138.15. The company has a quick ratio of 1.16, a current ratio of 2.34 and a debt-to-equity ratio of 0.37. The firm has a 50-day simple moving average of $114.00 and a 200-day simple moving average of $101.83. The stock has a market capitalization of $4.21 billion, a P/E ratio of 23.03 and a beta of 0.83.

Institutional Trading of Dorman Products

Several hedge funds have recently made changes to their positions in DORM. Farther Finance Advisors LLC lifted its holdings in Dorman Products by 5,460.0% in the third quarter. Farther Finance Advisors LLC now owns 278 shares of the auto parts company’s stock valued at $31,000 after acquiring an additional 273 shares during the last quarter. Quest Partners LLC purchased a new stake in Dorman Products in the second quarter valued at $37,000. Covestor Ltd lifted its stake in shares of Dorman Products by 781.4% in the 3rd quarter. Covestor Ltd now owns 379 shares of the auto parts company’s stock valued at $43,000 after purchasing an additional 336 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Dorman Products by 63.2% during the 3rd quarter. GAMMA Investing LLC now owns 483 shares of the auto parts company’s stock worth $55,000 after purchasing an additional 187 shares during the period. Finally, USA Financial Formulas acquired a new stake in shares of Dorman Products during the 3rd quarter worth about $58,000. Hedge funds and other institutional investors own 84.70% of the company’s stock.

Insider Buying and Selling at Dorman Products

In other news, Director Steven L. Berman sold 27,632 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $115.72, for a total value of $3,197,575.04. Following the completion of the sale, the director now directly owns 936,024 shares in the company, valued at $108,316,697.28. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, SVP Jeffery Darby sold 2,400 shares of the company’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $124.98, for a total value of $299,952.00. Following the completion of the sale, the senior vice president now owns 17,471 shares of the company’s stock, valued at approximately $2,183,525.58. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Steven L. Berman sold 27,632 shares of Dorman Products stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $115.72, for a total transaction of $3,197,575.04. Following the transaction, the director now directly owns 936,024 shares in the company, valued at $108,316,697.28. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 54,297 shares of company stock worth $6,316,471. Insiders own 10.00% of the company’s stock.

Dorman Products Company Profile

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.