Dorman Products (NASDAQ:DORM) Releases FY 2026 Earnings Guidance

Dorman Products (NASDAQ:DORM) updated its FY 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 8.500-8.800 for the period, compared to the consensus estimate of 8.270. The company issued revenue guidance of -, compared to the consensus revenue estimate of $2.3 billion.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on DORM shares. Zacks Research upgraded shares of Dorman Products from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. Wells Fargo & Company raised their price objective on shares of Dorman Products from $140.00 to $155.00 and gave the company an “overweight” rating in a report on Tuesday, July 21st. Weiss Ratings raised shares of Dorman Products from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 10th. Finally, Barrington Research reiterated an “outperform” rating and set a $150.00 target price on shares of Dorman Products in a research note on Monday, May 4th. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $159.50.

Dorman Products Price Performance

Shares of NASDAQ:DORM opened at $147.70 on Wednesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.28 and a current ratio of 3.29. Dorman Products has a one year low of $98.44 and a one year high of $166.89. The company has a 50-day simple moving average of $132.61 and a 200-day simple moving average of $121.79. The stock has a market capitalization of $4.41 billion, a price-to-earnings ratio of 23.82 and a beta of 0.98.

Dorman Products (NASDAQ:DORM) last posted its quarterly earnings results on Monday, August 3rd. The auto parts company reported $3.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $1.19. The firm had revenue of $544.60 million during the quarter, compared to analysts’ expectations of $582.24 million. Dorman Products had a net margin of 10.18% and a return on equity of 19.50%. The firm’s revenue for the quarter was up .7% on a year-over-year basis. During the same period in the prior year, the company posted $2.06 earnings per share. Dorman Products has set its FY 2026 guidance at 8.500-8.800 EPS. On average, analysts predict that Dorman Products will post 8.22 EPS for the current year.

Hedge Funds Weigh In On Dorman Products

Hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC boosted its holdings in shares of Dorman Products by 594.1% during the second quarter. EverSource Wealth Advisors LLC now owns 236 shares of the auto parts company’s stock worth $29,000 after purchasing an additional 202 shares during the last quarter. Miller Capital Partners Inc. acquired a new position in shares of Dorman Products during the 4th quarter valued at about $37,000. Kestra Advisory Services LLC acquired a new position in shares of Dorman Products during the 4th quarter valued at about $48,000. Kemnay Advisory Services Inc. purchased a new position in shares of Dorman Products during the 4th quarter worth about $60,000. Finally, Acadian Asset Management LLC purchased a new position in shares of Dorman Products during the 1st quarter worth about $71,000. Hedge funds and other institutional investors own 84.70% of the company’s stock.

About Dorman Products

Dorman Products, Inc is a leading independent global supplier of automotive aftermarket parts and hardware. Headquartered in Colmar, Pennsylvania, the company specializes in the design, manufacture and distribution of replacement components for passenger cars, light trucks and commercial vehicles. Dorman’s offerings span both mechanical and electrical systems, providing solutions that help repair shops and retailers address wear-out and collision-related failures on domestic and import vehicles.

The company’s extensive product portfolio includes steering and suspension components, brake system parts, engine management and cooling products, exterior and body hardware, and an array of fasteners, clips and brackets.