Dorman Products (NASDAQ:DORM) Issues Quarterly Earnings Results, Beats Expectations By $0.54 EPS

Dorman Products (NASDAQ:DORM - Get Free Report) issued its quarterly earnings results on Monday. The auto parts company reported $2.02 EPS for the quarter, topping analysts' consensus estimates of $1.48 by $0.54, Zacks reports. The business had revenue of $507.69 million for the quarter, compared to analyst estimates of $483.09 million. Dorman Products had a return on equity of 16.95% and a net margin of 9.43%. Dorman Products's quarterly revenue was up 8.3% compared to the same quarter last year. During the same period last year, the company posted $1.31 earnings per share. Dorman Products updated its FY 2025 guidance to 7.550-7.850 EPS.

Dorman Products Stock Performance

DORM traded up $0.26 on Friday, hitting $124.54. The company's stock had a trading volume of 180,902 shares, compared to its average volume of 182,243. Dorman Products has a 12 month low of $87.05 and a 12 month high of $146.60. The firm has a market cap of $3.81 billion, a P/E ratio of 20.83 and a beta of 0.86. 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 company's 50 day simple moving average is $119.45 and its 200-day simple moving average is $126.97.

Insider Buying and Selling at Dorman Products

In other Dorman Products news, SVP Donna M. Long sold 742 shares of the firm's stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $130.38, for a total value of $96,741.96. Following the completion of the transaction, the senior vice president now owns 19,894 shares in the company, valued at $2,593,779.72. This trade represents a 3.60 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 8.90% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Dorman Products from a "buy" rating to a "strong-buy" rating in a research note on Monday, May 5th.

About Dorman Products

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.