Dorman Products (NASDAQ:DORM – Get Rating) is set to issue its quarterly earnings data before the market opens on Monday, April 25th. Analysts expect the company to announce earnings of $1.23 per share for the quarter. Dorman Products has set its FY22 guidance at $5.35-5.55 EPS and its FY 2022 guidance at $5.350-$5.550 EPS.
Dorman Products (NASDAQ:DORM – Get Rating) last announced its quarterly earnings results on Tuesday, February 22nd. The auto parts company reported $1.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.35 by ($0.02). The firm had revenue of $398.18 million for the quarter, compared to analyst estimates of $367.44 million. Dorman Products had a net margin of 9.78% and a return on equity of 16.42%. The business’s revenue was up 32.2% compared to the same quarter last year. During the same period last year, the firm posted $1.19 EPS. On average, analysts expect Dorman Products to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.
DORM stock opened at $93.93 on Friday. The company has a market capitalization of $2.96 billion, a P/E ratio of 22.80 and a beta of 0.77. The company has a 50-day simple moving average of $95.33 and a 200 day simple moving average of $102.18. Dorman Products has a fifty-two week low of $88.43 and a fifty-two week high of $122.96.
Hedge funds and other institutional investors have recently modified their holdings of the business. Sei Investments Co. lifted its position in shares of Dorman Products by 2.0% during the 4th quarter. Sei Investments Co. now owns 5,719 shares of the auto parts company’s stock worth $670,000 after buying an additional 113 shares during the last quarter. Deutsche Bank AG grew its stake in Dorman Products by 2.0% in the fourth quarter. Deutsche Bank AG now owns 18,337 shares of the auto parts company’s stock valued at $2,072,000 after acquiring an additional 366 shares during the period. Stifel Financial Corp lifted its holdings in shares of Dorman Products by 2.6% in the fourth quarter. Stifel Financial Corp now owns 17,726 shares of the auto parts company’s stock valued at $2,003,000 after purchasing an additional 452 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of Dorman Products by 21.2% in the fourth quarter. Cetera Investment Advisers now owns 3,041 shares of the auto parts company’s stock valued at $344,000 after purchasing an additional 531 shares in the last quarter. Finally, California State Teachers Retirement System lifted its holdings in Dorman Products by 1.8% during the fourth quarter. California State Teachers Retirement System now owns 38,763 shares of the auto parts company’s stock worth $4,381,000 after acquiring an additional 682 shares during the period. 80.84% of the stock is currently owned by hedge funds and other institutional investors.
Dorman Products Company Profile (Get Rating)
Dorman Products, Inc supplies replacement parts and fasteners for passenger cars, light trucks, and medium- and heavy-duty trucks in the automotive aftermarket industry worldwide. It offers original equipment dealer products, such as intake and exhaust manifolds, window regulators, radiator fan assemblies, tire pressure monitor sensors, exhaust gas recirculation coolers, and complex electronics modules; fluid reservoirs, variable valve timing components, complex electronics, and integrated door lock actuators; and oil drain plugs, and wheel bolts and lug nuts.
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