Dorman Products (NASDAQ:DORM) Sets New 1-Year Low – Should You Sell?

Shares of Dorman Products, Inc. (NASDAQ:DORM) reached a new 52-week low during trading on Monday . The company traded as low as $104.00 and last traded at $104.65, with a volume of 33338 shares traded. The stock had previously closed at $109.33.

Analysts Set New Price Targets

Several research firms have recently commented on DORM. Barrington Research reiterated an “outperform” rating and set a $150.00 price objective on shares of Dorman Products in a research note on Thursday. Weiss Ratings cut Dorman Products from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, January 30th. Wall Street Zen lowered Dorman Products from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Wells Fargo & Company reduced their price objective on Dorman Products from $150.00 to $140.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. Finally, Jefferies Financial Group upgraded Dorman Products from a “hold” rating to a “buy” rating and dropped their target price for the company from $159.00 to $140.00 in a research report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $162.83.

Dorman Products Stock Performance

The company has a market capitalization of $3.21 billion, a price-to-earnings ratio of 15.99 and a beta of 0.92. The firm has a fifty day simple moving average of $124.98 and a 200 day simple moving average of $136.61. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.09 and a quick ratio of 1.14.

Dorman Products (NASDAQ:DORM) last announced its earnings results on Wednesday, February 25th. The auto parts company reported $2.17 earnings per share for the quarter, topping the consensus estimate of $2.15 by $0.02. Dorman Products had a return on equity of 19.15% and a net margin of 9.59%.The business had revenue of $537.93 million during the quarter, compared to the consensus estimate of $573.38 million. During the same period in the prior year, the company posted $2.20 EPS. The business’s quarterly revenue was up .8% on a year-over-year basis. Dorman Products has set its FY 2026 guidance at 8.100-8.50 EPS. On average, analysts anticipate that Dorman Products, Inc. will post 6.9 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider John Mcknight sold 2,000 shares of the business’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $128.80, for a total transaction of $257,600.00. Following the completion of the sale, the insider owned 9,112 shares of the company’s stock, valued at $1,173,625.60. The trade was a 18.00% 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. Also, SVP Donna M. Long sold 812 shares of the business’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $123.75, for a total transaction of $100,485.00. Following the sale, the senior vice president directly owned 17,856 shares of the company’s stock, valued at $2,209,680. This represents a 4.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 8.90% of the company’s stock.

Institutional Investors Weigh In On Dorman Products

Several institutional investors have recently bought and sold shares of DORM. TD Private Client Wealth LLC raised its holdings in shares of Dorman Products by 5.9% during the third quarter. TD Private Client Wealth LLC now owns 1,457 shares of the auto parts company’s stock valued at $227,000 after acquiring an additional 81 shares during the last quarter. Private Trust Co. NA lifted its stake in shares of Dorman Products by 101.2% in the third quarter. Private Trust Co. NA now owns 165 shares of the auto parts company’s stock worth $26,000 after buying an additional 83 shares in the last quarter. Nisa Investment Advisors LLC lifted its stake in shares of Dorman Products by 0.9% in the third quarter. Nisa Investment Advisors LLC now owns 9,539 shares of the auto parts company’s stock worth $1,487,000 after buying an additional 86 shares in the last quarter. GAMMA Investing LLC boosted its position in Dorman Products by 11.6% during the fourth quarter. GAMMA Investing LLC now owns 827 shares of the auto parts company’s stock worth $102,000 after acquiring an additional 86 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its stake in Dorman Products by 26.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 417 shares of the auto parts company’s stock valued at $65,000 after acquiring an additional 88 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.