28-Mar-2024
TipRanks (Mon, 25-Mar 5:40 AM ET)
Globe Newswire (Tue, 12-Mar 7:30 AM ET)
Dorman Products, Inc. Reports Fourth Quarter and Full Year 2023 Results; Issues 2024 Guidance
Globe Newswire (Mon, 26-Feb 4:30 PM ET)
Globe Newswire (Thu, 15-Feb 7:00 AM ET)
Globe Newswire (Mon, 12-Feb 5:00 PM ET)
Dorman releases fifth edition of award-winning OE FIX Guide
Globe Newswire (Mon, 5-Feb 7:00 AM ET)
Globe Newswire (Mon, 22-Jan 7:00 AM ET)
Dorman Products Inc is a supplier of original equipment parts for automobiles. The company produces automotive and heavy-duty replacement parts, automotive hardware, brake parts, and fasteners for the automotive and heavy-duty aftermarket. The products are sold under the Dorman brand and its sub-brands OE Solutions, Help!, Conduct-Tite, and HD Solutions through aftermarket retailers, regional and local warehouse distributors, specialty markets, and salvage yards. It operates as a single reportable operating segment, namely, the sale of replacement and upgrades parts in the motor vehicle aftermarket industry, serving passenger cars, light-, medium-, and heavy-duty trucks as well as specialty vehicles. The company operates in the United States.
Dorman Prods trades on the NASDAQ stock market under the symbol DORM.
As of March 28, 2024, DORM stock price declined to $96.39 with 117,506 million shares trading.
DORM has a beta of 1.08, meaning it tends to be more sensitive to market movements. DORM has a correlation of 0.20 to the broad based SPY ETF.
DORM has a market cap of $3.03 billion. This is considered a Mid Cap stock.
Last quarter Dorman Prods reported $494 million in Revenue and $1.57 earnings per share. This fell short of revenue expectation by $-2 million and exceeded earnings estimates by $.16.
In the last 3 years, DORM stock traded as high as $122.96 and as low as $60.01.
The top ETF exchange traded funds that DORM belongs to (by Net Assets): IJR, VTI, VB, IWM, VXF.
DORM stock has underperformed the market in the last year with a return of +16.0%, while SPY returned +33.6%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in DORM shares. However, DORM has outperformed the market in the last 3 month and 2 week periods, returning +13.5% and +6.2%, while SPY returned +10.1% and +1.7%, respectively. This indicates DORM has been having a stronger performance recently.
DORM support price is $95.51 and resistance is $99.35 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DORM stock will trade within this expected range on the day.