Dorman Products Inc

Dorman Products Inc Stock Forecast & Price Prediction

Live Dorman Products Inc Stock (DORM) Price
$139.98

4

Ratings

  • Buy 3
  • Hold 1
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$139.98

P/E Ratio

23.36

Volume Traded Today

$60,400

Dividend

$1.5

52 Week High/low

146.60/74.09

Dorman Products Inc Market Cap

$4.26B

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DORM Summary

From what 4 stock analysts predict, the share price for Dorman Products Inc (DORM) might decrease by 1.06% in the next year. This is based on a 12-month average estimation for DORM. Price targets go from $116 to $153. The majority of stock analysts believe DORM is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

DORM Analyst Ratings

Dorman Products Inc has a total of 4 Wall St Analyst ratings. There are 3 buy ratings, 1 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Dorman Products Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

DORM stock forecast by analyst

These are the latest 20 analyst ratings of DORM.

Analyst/Firm

Rating

Price Target

Change

Date

Scott Stember
Roth MKM

Buy

$153

Reiterates

Nov 4, 2024
Scott Stember
Roth MKM

Buy

$116

Reiterates

Jun 14, 2024
Scott Stember
Roth MKM

Buy

$116

Reiterates

Mar 25, 2024
Gary Prestopino
Barrington Research

Outperform

$90

Reiterates

Feb 27, 2024
Gary Prestopino
Barrington Research

Outperform

$127

Reiterates

Jul 28, 2023
Gary Prestopino
Barrington Research

Outperform

$127

Maintains

May 3, 2023
Daniel Imbro
Stephens & Co.

Equal-Weight

$92

Maintains

May 3, 2023
Daniel Imbro
Stephens & Co.

Equal-Weight

$90

Maintains

Mar 2, 2023
Gary Prestopino
Barrington Research

Outperform

$130

Maintains

Mar 2, 2023
Daniel Imbro
Stephens & Co.

Equal-Weight

$87

Maintains

Oct 25, 2022
Scott Stember
MKM Partners

Buy

$118

Maintains

Oct 25, 2022
Gary Prestopino
Barrington Research

Outperform

$104

Maintains

Oct 25, 2022
Daniel Imbro
Stephens & Co.

Equal-Weight

$101

Maintains

Aug 22, 2022

MKM Partners

Buy


Initiates

May 19, 2022
Daniel Imbro
Stephens & Co.

Equal-Weight

$60

Maintains

Apr 28, 2020
Daniel Imbro
Stephens & Co.

Equal-Weight

$57

Maintains

Apr 16, 2020
Chris Van Horn
B. Riley Securities

Neutral

$55

Maintains

Mar 17, 2020

B. Riley FBR

Neutral


Maintains

Mar 17, 2020

B. Riley Securities

Neutral

$60

Maintains

Feb 25, 2020

Stephens & Co.

Equal-Weight

$65

Maintains

Feb 25, 2020

DORM Company Information

What They Do: Supplies aftermarket auto parts and components.

Business Model: Dorman Products, Inc. operates in the motor vehicle aftermarket, providing a wide range of replacement and upgrade parts for various vehicles. The company generates revenue by selling its products, which include engine, undercar, steering and suspension, body, electronics, and hardware components, under multiple brand names. Its extensive product offerings cater to diverse vehicle types, allowing it to capture a broad customer base both domestically and internationally.

Other Information: Founded in 1918 and headquartered in Colmar, Pennsylvania, Dorman has established a strong presence in the automotive aftermarket industry. The company's product innovation and expansion into electric vehicle components indicate a commitment to adapting to changing market demands. Its well-recognized brands enhance customer loyalty and market visibility.
DORM
Dorman Products Inc (DORM)

When did it IPO

1991

Staff Count

3,872

Country

United States

Sector/Industry

Consumer Cyclical/Auto Parts

CEO

Mr. Kevin M. Olsen CPA

Market Cap

$4.26B

Dorman Products Inc (DORM) Financial Data

In 2023, DORM generated $1.93B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that DORM's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$1.93B

0.00 %
From Previous Year
  • Revenue TTM $1.97B
  • Operating Margin TTM 18.1%
  • Gross profit TTM $685.4M
  • Return on assets TTM 9.3%
  • Return on equity TTM 15.7%
  • Profit Margin 9.4%
  • Book Value Per Share 40.46%
  • Market capitalisation $4.26B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $1.93B
  • EPS this year (TTM) $5.97

Dorman Products Inc (DORM) Latest News

News Image

Thu, 14 Nov 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - Dorman Products (DORM) and REE Automotive Ltd. (REE) have been evaluated against their sector's performance for the year to date. Further details on their specific performance were not provided.

Why It Matters - Performance comparisons highlight potential investment opportunities or risks, influencing portfolio decisions and market sentiment regarding Dorman Products and REE Automotive.

News Image

Fri, 08 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Dorman Products (DORM) is being evaluated for its potential as a top stock pick for momentum investors. Further analysis is needed to assess its suitability.

Why It Matters - Dorman Products' potential as a top pick for momentum investors suggests possible stock growth, influencing buying decisions and market sentiment.

News Image

Wed, 06 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Dorman Products (DORM) has reached a 52-week high, prompting an analysis of its fundamentals to assess potential for future gains.

Why It Matters - Dorman Products reaching a 52-week high signals strong market performance, prompting investors to assess fundamentals for potential future growth and sustainability of gains.

News Image

Wed, 06 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Dorman Products (DORM) has been upgraded to a Zacks Rank #1 (Strong Buy), indicating increased optimism about its earnings prospects.

Why It Matters - Dorman Products' upgrade to a Zacks Rank #1 signals strong earnings potential, likely boosting investor confidence and potentially driving stock price appreciation.

News Image

Wed, 06 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Dorman Products (DORM) is expected to outperform the market due to above-average growth in its financial performance.

Why It Matters - Dorman Products' above-average financial growth suggests strong future performance, potentially leading to increased stock value and investor returns.

News Image

Fri, 01 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Dorman Products, Inc. (NASDAQ:DORM) will hold its Q3 2024 earnings conference call on November 1, 2024, at 8:00 AM ET, featuring key executives and analysts.

Why It Matters - Dorman's Q3 2024 earnings call will provide insights into financial performance and strategic direction, influencing stock valuations and investor sentiment.

...

DORM Frequently asked questions

The highest forecasted price for DORM is $153 from Scott Stember at Roth MKM.

The lowest forecasted price for DORM is $116 from Scott Stember from Roth MKM

The DORM analyst ratings consensus are 3 buy ratings, 1 hold ratings, and 0 sell ratings.