Dorman Products (NASDAQ:DORM) Releases Earnings Results, Beats Estimates By $0.54 EPS

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

Dorman Products Stock Performance

DORM traded up $1.44 during trading hours on Thursday, hitting $125.40. 108,384 shares of the stock were exchanged, compared to its average volume of 181,350. The stock has a market cap of $3.83 billion, a price-to-earnings ratio of 20.97 and a beta of 0.86. Dorman Products has a 12 month low of $87.05 and a 12 month high of $146.60. The stock has a 50-day simple moving average of $119.69 and a 200-day simple moving average of $126.76. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.34 and a quick ratio of 1.16.

Insiders Place Their Bets

In other news, SVP Donna M. Long sold 742 shares of Dorman Products stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $130.38, for a total transaction of $96,741.96. Following the sale, the senior vice president now owns 19,894 shares of the company's stock, valued at approximately $2,593,779.72. The trade was a 3.60 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 8.90% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Dorman Products from a "buy" rating to a "strong-buy" rating in a research report on Monday.

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.