Dorman Products (NASDAQ:DORM) Posts Quarterly Earnings Results, Beats Expectations By $1.19 EPS

Dorman Products (NASDAQ:DORM) issued its quarterly earnings data on Monday. The auto parts company reported $3.08 EPS for the quarter, beating analysts’ consensus estimates of $1.89 by $1.19, FiscalAI reports. The business had revenue of $544.60 million for the quarter, compared to analyst estimates of $582.24 million. Dorman Products had a return on equity of 19.50% and a net margin of 10.18%.The firm’s revenue for the quarter was up .7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.06 EPS. Dorman Products updated its FY 2026 guidance to 8.500-8.800 EPS.

Dorman Products Trading Up 15.7%

Shares of DORM opened at $147.70 on Wednesday. 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 cap of $4.41 billion, a PE ratio of 23.82 and a beta of 0.98. Dorman Products has a 1 year low of $98.44 and a 1 year high of $166.89. The stock has a 50 day simple moving average of $132.61 and a 200-day simple moving average of $121.79.

Institutional Trading of Dorman Products

A number of large investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC raised its stake in Dorman Products by 594.1% during the second quarter. EverSource Wealth Advisors LLC now owns 236 shares of the auto parts company’s stock worth $29,000 after acquiring an additional 202 shares in the last quarter. Miller Capital Partners Inc. bought a new position in shares of Dorman Products during the fourth quarter valued at $37,000. Kestra Advisory Services LLC acquired a new stake in shares of Dorman Products in the 4th quarter valued at $48,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Dorman Products in the 4th quarter valued at $60,000. Finally, Acadian Asset Management LLC bought a new stake in shares of Dorman Products in the 1st quarter worth about $71,000. 84.70% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Zacks Research upgraded shares of Dorman Products from a “strong sell” rating to a “hold” rating in a report on Friday, May 15th. Wells Fargo & Company boosted their price objective on shares of Dorman Products from $140.00 to $155.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Weiss Ratings upgraded shares of Dorman Products from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 10th. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $150.00 price target on shares of Dorman Products in a report on Monday, May 4th. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $159.50.

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.