Dorman Products (DORM) Scheduled to Post Earnings on Thursday

Dorman Products (NASDAQ:DORM) is scheduled to be releasing its earnings data after the market closes on Thursday, August 1st. Analysts expect Dorman Products to post earnings of $1.19 per share for the quarter. Dorman Products has set its FY24 guidance at $5.40-5.70 EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Dorman Products (NASDAQ:DORM) last announced its earnings results on Tuesday, May 7th. The auto parts company reported $1.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.49. The firm had revenue of $468.70 million for the quarter, compared to analyst estimates of $472.35 million. Dorman Products had a return on equity of 14.61% and a net margin of 8.10%. The business’s revenue was up .4% on a year-over-year basis. During the same quarter last year, the firm posted $0.56 EPS. On average, analysts expect Dorman Products to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Dorman Products Trading Up 0.5 %

Shares of DORM stock opened at $99.80 on Wednesday. The stock’s fifty day moving average is $93.23 and its two-hundred day moving average is $90.42. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.17 and a current ratio of 2.50. The firm has a market capitalization of $3.09 billion, a P/E ratio of 20.08 and a beta of 0.82. Dorman Products has a fifty-two week low of $60.01 and a fifty-two week high of $104.74.

Analysts Set New Price Targets

Separately, Roth Mkm restated a “buy” rating and issued a $116.00 price objective on shares of Dorman Products in a report on Friday, June 14th.

Insider Buying and Selling at Dorman Products

In other Dorman Products news, SVP Jeffery Darby sold 1,400 shares of the firm’s stock in a transaction on Tuesday, July 16th. The stock was sold at an average price of $98.98, for a total value of $138,572.00. Following the completion of the sale, the senior vice president now directly owns 25,071 shares of the company’s stock, valued at approximately $2,481,527.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Dorman Products news, SVP Donna M. Long sold 500 shares of the firm’s stock in a transaction on Friday, May 10th. The stock was sold at an average price of $92.06, for a total value of $46,030.00. Following the completion of the sale, the senior vice president now directly owns 20,126 shares of the company’s stock, valued at approximately $1,852,799.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Jeffery Darby sold 1,400 shares of the firm’s stock in a transaction on Tuesday, July 16th. The stock was sold at an average price of $98.98, for a total value of $138,572.00. Following the completion of the sale, the senior vice president now directly owns 25,071 shares of the company’s stock, valued at $2,481,527.58. The disclosure for this sale can be found here. 10.00% of the stock is currently owned by insiders.

Dorman Products Company Profile

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.