New insider activity at Dorman Products ( (DORM) ) has taken place on March 5, 2025.
Jeffery Darby, the Senior Vice President of Sales and Marketing at Dorman Products, recently sold 1,534 shares of the company’s stock. This transaction was valued at $201,659.
Recent Updates on DORM stock
Dorman Products experienced significant developments recently, with Barrington analyst Gary Prestopino raising the firm’s price target following the company’s Q4 earnings report. The report highlighted record-breaking revenue, surpassing $2 billion in annual sales for the first time, driven by a 4.1% year-over-year net sales growth. The Light Duty segment was particularly successful, with an 11% increase in net sales and a 350 basis point rise in profit margin. Despite this, challenges were noted in the Heavy Duty segment and uncertainties in the Specialty Vehicle market, along with potential tariff impacts. These factors contributed to a tempered overall positive outlook. The company’s strong financial management was evident through significant cash flow generation, debt reduction, and share repurchases. Looking forward, Dorman’s 2025 guidance anticipates 3% to 5% net sales growth, driven by the Light Duty segment, with adjusted diluted EPS projected to grow by 6% to 10%. The firm’s strategic focus remains on innovation and operational excellence, positioning it well for future growth.
More about Dorman Products
YTD Price Performance: 2.36%
Average Trading Volume: 175,083
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.02B