Free Trial
NASDAQ:DORM

Dorman Products (DORM) Stock Price, News & Analysis

$91.62
-0.38 (-0.41%)
(As of 05/28/2024 ET)
Today's Range
$91.11
$92.55
50-Day Range
$87.45
$97.60
52-Week Range
$60.01
$98.55
Volume
82,100 shs
Average Volume
116,096 shs
Market Capitalization
$2.84 billion
P/E Ratio
18.43
Dividend Yield
N/A
Price Target
$103.00

Dorman Products MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
12.4% Upside
$103.00 Price Target
Short Interest
Healthy
1.30% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.39mentions of Dorman Products in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$46,030 Sold Last Quarter
Proj. Earnings Growth
11.52%
From $5.64 to $6.29 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.33 out of 5 stars

Auto/Tires/Trucks Sector

45th out of 82 stocks

Motor Vehicle Parts & Accessories Industry

22nd out of 34 stocks

DORM stock logo

About Dorman Products Stock (NASDAQ:DORM)

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. The company also provides air tanks, shock absorbers, and air springs; transmission control modules, variable geometry timing actuators, and other control modules and sensors; new control arms, suspension components, door lock actuators, and handles for electric vehicles; and leaf springs, intake manifolds, exhaust manifolds, window regulators, radiator fan assemblies, tire pressure monitor sensors, exhaust gas recirculation coolers, UTV windshields, and complex electronics modules. It markets its products under the DORMAN, DORMAN OE FIX, HELP!, Conduct-Tite, Dayton Parts, SuperATV, Keller Performance Products, Assault Industries, Gboost, and GDP brands. Dorman Products, Inc. was founded in 1918 and is headquartered in Colmar, Pennsylvania.

DORM Stock Price History

DORM Stock News Headlines

Dorman Products: Q1 Earnings Snapshot
Snap-on (SNA) Receives a Rating Update from a Top Analyst
DORM Apr 2024 100.000 call
See More Headlines
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.

Company Calendar

Last Earnings
5/07/2024
Today
5/28/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motor vehicle parts & accessories
Sub-Industry
Auto Parts & Equipment
Current Symbol
NASDAQ:DORM
CUSIP
25827810
Employees
3,872
Year Founded
1918

Price Target and Rating

Average Stock Price Target
$103.00
High Stock Price Target
$116.00
Low Stock Price Target
$90.00
Potential Upside/Downside
+12.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$129.26 million
Pretax Margin
10.65%

Debt

Sales & Book Value

Annual Sales
$1.93 billion
Cash Flow
$6.26 per share
Book Value
$37.10 per share

Miscellaneous

Free Float
27,912,000
Market Cap
$2.84 billion
Optionable
Optionable
Beta
0.83

Social Links

7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

Key Executives


DORM Stock Analysis - Frequently Asked Questions

Should I buy or sell Dorman Products stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dorman Products in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DORM shares.
View DORM analyst ratings
or view top-rated stocks.

What is Dorman Products' stock price target for 2024?

2 brokerages have issued twelve-month target prices for Dorman Products' shares. Their DORM share price targets range from $90.00 to $116.00. On average, they expect the company's stock price to reach $103.00 in the next year. This suggests a possible upside of 12.4% 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 2024?

Dorman Products' stock was trading at $83.41 at the beginning of 2024. Since then, DORM stock has increased by 9.8% and is now trading at $91.62.
View the best growth stocks for 2024 here
.

Are investors shorting Dorman Products?

Dorman Products saw a decline in short interest in May. As of May 15th, there was short interest totaling 339,900 shares, a decline of 15.1% from the April 30th total of 400,200 shares. Based on an average daily trading volume, of 117,600 shares, the days-to-cover ratio is currently 2.9 days. Approximately 1.3% of the shares of the stock are sold short.
View Dorman Products' Short Interest
.

When is Dorman Products' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our DORM earnings forecast
.

How were Dorman Products' earnings last quarter?

Dorman Products, Inc. (NASDAQ:DORM) announced its quarterly earnings data on Tuesday, May, 7th. The auto parts company reported $1.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.49. The auto parts company had revenue of $468.70 million for the quarter, compared to analyst estimates of $472.35 million. Dorman Products had a trailing twelve-month return on equity of 14.61% and a net margin of 8.10%. The firm's revenue for the quarter was up .4% on a year-over-year basis. During the same period in the prior year, the business posted $0.56 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) and First Trust Nasdaq Transportation ETF (FTXR).SPDR S&P 600 Small Cap ETF (SLY).

What guidance has Dorman Products issued on next quarter's earnings?

Dorman Products updated its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of 5.400-5.700 for the period, compared to the consensus earnings per share estimate of 5.550. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 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).

Who are Dorman Products' major shareholders?

Dorman Products' stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.77%), Geneva Capital Management LLC (1.89%), WCM Investment Management LLC (0.96%), Jennison Associates LLC (0.91%), Pembroke Management LTD (0.87%) and Summit Creek Advisors LLC (0.73%). Insiders that own company stock include Donna M Long, Eric Luftig, G Michael Stakias, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Dorman Products have any subsidiaries?
The following companies are subsidiares of Dorman Products: RB Distribution Inc., and RB Management Inc..
Read More
This page (NASDAQ:DORM) was last updated on 5/29/2024 by MarketBeat.com Staff

From Our Partners