Dorman Products (NASDAQ:DORM – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 7.550-7.850 for the period, compared to the consensus earnings per share estimate of 7.530. The company issued revenue guidance of -, compared to the consensus revenue estimate of $2.1 billion.
Wall Street Analyst Weigh In
DORM has been the topic of several research analyst reports. Roth Mkm reissued a “buy” rating and issued a $153.00 price objective (up from $126.00) on shares of Dorman Products in a research report on Monday, November 4th. StockNews.com cut shares of Dorman Products from a “strong-buy” rating to a “buy” rating in a report on Tuesday, February 11th.
Read Our Latest Stock Report on Dorman Products
Dorman Products Stock Performance
Dorman Products (NASDAQ:DORM – Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The auto parts company reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.99 by $0.21. Dorman Products had a return on equity of 16.95% and a net margin of 9.43%. The company had revenue of $533.77 million during the quarter, compared to the consensus estimate of $523.95 million. On average, equities research analysts anticipate that Dorman Products will post 6.9 EPS for the current year.
Insider Activity
In other news, insider John Mcknight sold 8,185 shares of the business’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $139.34, for a total value of $1,140,497.90. Following the transaction, the insider now owns 8,902 shares in the company, valued at approximately $1,240,404.68. The trade was a 47.90 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Steven L. Berman sold 8,524 shares of the stock in a transaction on Wednesday, January 29th. The stock was sold at an average price of $131.79, for a total transaction of $1,123,377.96. Following the sale, the director now owns 773,094 shares of the company’s stock, valued at approximately $101,886,058.26. This trade represents a 1.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 49,533 shares of company stock valued at $6,619,683. Insiders own 10.00% of the company’s stock.
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.
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