NASDAQ:DORM Dorman Products (DORM) Stock Forecast, Price & News $84.87 +2.14 (+2.59%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$81.75▼$85.1350-Day Range$82.05▼$88.3952-Week Range$73.32▼$119.04Volume283,059 shsAverage Volume66,502 shsMarket Capitalization$2.67 billionP/E Ratio29.07Dividend YieldN/APrice Target$111.67 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Dorman Products MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside31.6% Upside$111.67 Price TargetShort InterestBearish1.60% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.00Based on 4 Articles This WeekInsider TradingAcquiring Shares$24,841 Bought Last QuarterProj. Earnings Growth13.76%From $5.16 to $5.87 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.29 out of 5 starsAuto/Tires/Trucks Sector23rd out of 101 stocksMotor Vehicle Parts & Accessories Industry15th out of 35 stocks 3.4 Analyst's Opinion Consensus RatingDorman Products has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $111.67, Dorman Products has a forecasted upside of 31.6% from its current price of $84.87.Amount of Analyst CoverageDorman Products has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.60% of the float of Dorman Products has been sold short.Short Interest Ratio / Days to CoverDorman Products has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in Dorman Products has recently increased by 12.54%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldDorman Products does not currently pay a dividend.Dividend GrowthDorman Products does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DORM. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 4 news articles for Dorman Products this week, compared to 4 articles on an average week.MarketBeat Follows1 people have added Dorman Products to their MarketBeat watchlist in the last 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Dorman Products insiders have bought more of their company's stock than they have sold. Specifically, they have bought $24,841.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders10.30% of the stock of Dorman Products is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions75.21% of the stock of Dorman Products is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Dorman Products are expected to grow by 13.76% in the coming year, from $5.16 to $5.87 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Dorman Products is 29.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Dorman Products is 29.07, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 17.13.Price to Book Value per Share RatioDorman Products has a P/B Ratio of 2.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Dorman Products (NASDAQ:DORM) StockDorman Products, Inc. engages in the supply of automotive replacement and upgrade parts for the motor vehicle aftermarket industry. Its products include automotive body, steering and suspension, undercar, underhood, hardware and accessories, and heavy-duty components. The company was founded by Steven L. Berman and Richard N. Berman on October 16, 1978 and is headquartered in Colmar, PA.Read More Receive DORM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Dorman Products and its competitors with MarketBeat's FREE daily newsletter. Email Address DORM Stock News HeadlinesJune 1, 2023 | americanbankingnews.comBrokerages Set Dorman Products, Inc. (NASDAQ:DORM) Price Target at $111.67May 29, 2023 | americanbankingnews.comHead to Head Survey: Dorman Products (NASDAQ:DORM) vs. XOS (NASDAQ:XOS)June 4, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 18, 2023 | markets.businessinsider.comCopart (CPRT) Receives a Buy from StephensMay 15, 2023 | finance.yahoo.comDorman launches hundreds of new products and dozens of aftermarket-exclusive repair solutionsMay 14, 2023 | finance.yahoo.comDoes The Market Have A Low Tolerance For Dorman Products, Inc.'s (NASDAQ:DORM) Mixed Fundamentals?May 9, 2023 | americanbankingnews.comDorman Products, Inc. (NASDAQ:DORM) Receives $111.67 Average Target Price from AnalystsMay 7, 2023 | americanbankingnews.comBarrington Research Equities Analysts Lift Earnings Estimates for Dorman Products, Inc. (NASDAQ:DORM)June 4, 2023 | Behind the Markets (Ad)The 4th Military Revolution is Happening. There have been 3 military revolutions in the past 100 years. The first was when the tank was invented in 1915. The second was the nuclear bomb in 1945. The third was the "smart bomb" in 1991. Amid the turmoil, there will be many losers. Click here to see how to win instead >>>May 6, 2023 | americanbankingnews.comInsider Buying: Dorman Products, Inc. (NASDAQ:DORM) SVP Buys 293 Shares of StockMay 5, 2023 | americanbankingnews.comDorman Products (NASDAQ:DORM) Releases FY23 Earnings GuidanceMay 4, 2023 | msn.comStephens & Co. Maintains Dorman Products (DORM) Equal-Weight RecommendationMay 4, 2023 | americanbankingnews.comBarrington Research Analysts Lower Earnings Estimates for Dorman Products, Inc. (NASDAQ:DORM)May 4, 2023 | americanbankingnews.comDorman Products (NASDAQ:DORM) Price Target Cut to $127.00May 3, 2023 | markets.businessinsider.comStephens Sticks to Its Hold Rating for Kar Auction Services (KAR)May 3, 2023 | msn.comBarrington Research Maintains Dorman Products (DORM) Outperform RecommendationMay 3, 2023 | msn.comFresh Del Monte Produce stock dips on surprise sales declineMay 2, 2023 | msn.comDynavax GAAP EPS of -$0.19 misses by $0.06, revenue of $46.92M beats by $8.33MMay 2, 2023 | marketwatch.comAutomotive Drum Brake Market 2023 SWOT Analysis and Demand Status Forecast by 2030May 2, 2023 | msn.comDorman Products stock drops as inventory issues drive earnings missMay 2, 2023 | finance.yahoo.comDorman Products (DORM) Lags Q1 Earnings and Revenue EstimatesMay 2, 2023 | marketwatch.comFuel Pulsation Damper Market Revenue Status, Future Opportunities and Demand By Top Key Players Till 2027May 2, 2023 | msn.comDorman Products Non-GAAP EPS of $0.56, revenue of $466.7MMay 2, 2023 | finance.yahoo.comDorman Products, Inc. Reports First Quarter 2023 ResultsApril 29, 2023 | usnews.comDorman High SchoolApril 28, 2023 | marketwatch.comAnti-lock Brake (ABS) Sensors Market (2023-2030) New Status: Segment Analysis and Growth OpportunitiesApril 27, 2023 | marketwatch.comTransmission Range Sensors Market Demand and Competitive Analysis by Key Players to 2030| HELLA, Dorman, CTS CorporationSee More Headlines DORM Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DORM Company Calendar Last Earnings5/02/2023Today6/03/2023Next Earnings (Estimated)7/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Motor vehicle parts & accessories Sub-IndustryAuto Parts & Equipment SectorAuto/Tires/Trucks Current SymbolNASDAQ:DORM CUSIP25827810 CIK868780 Webwww.dormanproducts.com Phone(215) 997-1800Fax215-997-1741Employees3,786Year Founded1918Price Target and Rating Average Stock Price Forecast$111.67 High Stock Price Forecast$127.00 Low Stock Price Forecast$90.00 Forecasted Upside/Downside+31.6%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.92 Trailing P/E Ratio29.07 Forward P/E Ratio16.45 P/E GrowthN/ANet Income$121.55 million Net Margins5.12% Pretax Margin6.51% Return on Equity12.38% Return on Assets6.22% Debt Debt-to-Equity Ratio0.46 Current Ratio1.96 Quick Ratio0.83 Sales & Book Value Annual Sales$1.73 billion Price / Sales1.54 Cash Flow$6.36 per share Price / Cash Flow13.34 Book Value$33.34 per share Price / Book2.55Miscellaneous Outstanding Shares31,470,000Free Float28,227,000Market Cap$2.67 billion OptionableOptionable Beta0.56 Social Links Key ExecutivesKevin M. OlsenPresident, Chief Executive Officer & DirectorDavid M. HessionChief Financial Officer, Treasurer & Senior VPDonna M. LongChief Investment Officer & Senior Vice PresidentScott D. LeffChief Human Resources Officer & Senior VPJoseph P. BraunSecretary, Senior Vice President & General CounselKey CompetitorsLCI IndustriesNYSE:LCIIDanaNYSE:DANGenthermNASDAQ:THRMModine ManufacturingNYSE:MODAllison TransmissionNYSE:ALSNView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 342 shares on 5/26/2023Ownership: 0.012%Ameriprise Financial Inc.Bought 191,214 shares on 5/22/2023Ownership: 2.137%JPMorgan Chase & Co.Bought 14,175 shares on 5/18/2023Ownership: 0.181%New York State Common Retirement FundSold 5,432 shares on 5/18/2023Ownership: 0.067%B. Riley Wealth Advisors Inc.Bought 155 shares on 5/17/2023Ownership: 0.011%View All Insider TransactionsView All Institutional Transactions DORM Stock - Frequently Asked Questions Should I buy or sell Dorman Products stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dorman Products in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DORM shares. View DORM analyst ratings or view top-rated stocks. What is Dorman Products' stock price forecast for 2023? 4 analysts have issued 12-month target prices for Dorman Products' shares. Their DORM share price forecasts range from $90.00 to $127.00. On average, they predict the company's stock price to reach $111.67 in the next year. This suggests a possible upside of 31.6% from the stock's current price. View analysts price targets for DORM or view top-rated stocks among Wall Street analysts. How have DORM shares performed in 2023? Dorman Products' stock was trading at $80.87 at the start of the year. Since then, DORM shares have increased by 4.9% and is now trading at $84.87. View the best growth stocks for 2023 here. Are investors shorting Dorman Products? Dorman Products saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 419,900 shares, an increase of 12.5% from the April 30th total of 373,100 shares. Based on an average daily trading volume, of 96,900 shares, the days-to-cover ratio is presently 4.3 days. Approximately 1.6% of the shares of the stock are short sold. View Dorman Products' Short Interest. When is Dorman Products' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, July 24th 2023. View our DORM earnings forecast. How were Dorman Products' earnings last quarter? Dorman Products, Inc. (NASDAQ:DORM) issued its earnings results on Tuesday, May, 2nd. The auto parts company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.94 by $0.38. The auto parts company had revenue of $466.74 million for the quarter, compared to analysts' expectations of $487.43 million. Dorman Products had a trailing twelve-month return on equity of 12.38% and a net margin of 5.12%. Dorman Products's revenue was up 16.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.29 earnings per share. What ETFs hold Dorman Products' stock? ETFs with the largest weight of Dorman Products (NASDAQ:DORM) stock in their portfolio include Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), SPDR S&P 600 Small Cap Growth ETF (SLYG), Vanguard S&P Small-Cap 600 Growth ETF (VIOG), iShares S&P Small-Cap 600 Growth ETF (IJT), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV), First Trust Nasdaq Transportation ETF (FTXR), Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) and iShares ESG Screened S&P Small-Cap ETF (XJR). What guidance has Dorman Products issued on next quarter's earnings? Dorman Products issued an update on its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of $5.15-$5.35 for the period, compared to the consensus EPS estimate of $5.20. The company issued revenue guidance of $1.95 billion-$2.00 billion, compared to the consensus revenue estimate of $2.00 billion. What is Kevin M. Olsen's approval rating as Dorman Products' CEO? 0 employees have rated Dorman Products Chief Executive Officer Kevin M. Olsen on Glassdoor.com. Kevin M. Olsen has an approval rating of 65% among the company's employees. 48.0% of employees surveyed would recommend working at Dorman Products to a friend. What other stocks do shareholders of Dorman Products own? Based on aggregate information from My MarketBeat watchlists, some companies that other Dorman Products investors own include AbbVie (ABBV), Intel (INTC), Exxon Mobil (XOM), International Business Machines (IBM), Gilead Sciences (GILD), Wells Fargo & Company (WFC), Abbott Laboratories (ABT), General Motors (GM), JPMorgan Chase & Co. (JPM) and 3M (MMM). What is Dorman Products' stock symbol? Dorman Products trades on the NASDAQ under the ticker symbol "DORM." Who are Dorman Products' major shareholders? Dorman Products' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.45%), State Street Corp (3.03%), Dimensional Fund Advisors LP (2.70%), Ameriprise Financial Inc. (2.14%), Royce & Associates LP (1.95%) and GW&K Investment Management LLC (1.76%). Insiders that own company stock include Eric Luftig, James Darrell Thomas, Jeffery Darby, John J Gavin, Michael Kealey and Steven L Berman. View institutional ownership trends. How do I buy shares of Dorman Products? Shares of DORM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Dorman Products' stock price today? One share of DORM stock can currently be purchased for approximately $84.87. How much money does Dorman Products make? Dorman Products (NASDAQ:DORM) has a market capitalization of $2.67 billion and generates $1.73 billion in revenue each year. The auto parts company earns $121.55 million in net income (profit) each year or $2.92 on an earnings per share basis. How many employees does Dorman Products have? The company employs 3,786 workers across the globe. Does Dorman Products have any subsidiaries? The following companies are subsidiares of Dorman Products: RB Distribution Inc., and RB Management Inc..Read More How can I contact Dorman Products? Dorman Products' mailing address is 3400 East Walnut Street, Colmar PA, 18915. The official website for the company is www.dormanproducts.com. The auto parts company can be reached via phone at (215) 997-1800, via email at investorrelations@dormanproducts.com, or via fax at 215-997-1741. This page (NASDAQ:DORM) was last updated on 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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