Dorman Products (DORM) Set to Announce Quarterly Earnings on Monday

Dorman Products (NASDAQ:DORMGet Free Report) will be posting its quarterly earnings results after the market closes on Monday, February 26th. Analysts expect Dorman Products to post earnings of $1.41 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Dorman Products Price Performance

Dorman Products stock opened at $82.73 on Friday. The company’s 50 day simple moving average is $82.55 and its 200-day simple moving average is $78.39. The company has a market capitalization of $2.61 billion, a price-to-earnings ratio of 26.95 and a beta of 0.77. Dorman Products has a 1 year low of $60.01 and a 1 year high of $94.24. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.07 and a current ratio of 2.24.

Institutional Investors Weigh In On Dorman Products

Large investors have recently added to or reduced their stakes in the business. Point72 Hong Kong Ltd acquired a new position in shares of Dorman Products in the 2nd quarter valued at $26,000. Dark Forest Capital Management LP raised its position in Dorman Products by 536.8% in the 1st quarter. Dark Forest Capital Management LP now owns 554 shares of the auto parts company’s stock valued at $48,000 after purchasing an additional 467 shares during the last quarter. State of Wyoming raised its position in Dorman Products by 25.6% in the 2nd quarter. State of Wyoming now owns 884 shares of the auto parts company’s stock valued at $70,000 after purchasing an additional 180 shares during the last quarter. Tower Research Capital LLC TRC raised its position in Dorman Products by 119.6% in the 1st quarter. Tower Research Capital LLC TRC now owns 861 shares of the auto parts company’s stock valued at $74,000 after purchasing an additional 469 shares during the last quarter. Finally, Lazard Asset Management LLC purchased a new stake in Dorman Products in the 1st quarter valued at $94,000. 76.23% of the stock is owned by hedge funds and other institutional investors.

About Dorman Products

(Get Free Report)

Dorman Products, Inc supplies replacement and upgrade parts for passenger cars, light trucks, and medium- and heavy-duty trucks in the automotive aftermarket industry worldwide. It offers powertrain product, including intake and exhaust manifolds, cooling products, harmonic balancers, fluid lines, fluid reservoirs, connectors, 4-wheel drive components and axles, drain plugs, and other engine, and transmission and axle components; chassis products comprising control arms, ball joints, tie-rod ends, brake hardware and hydraulics, wheel and axle hardware, suspension arms, knuckles, links, bushings, leaf springs, and other suspension, steering, and brake components; motor vehicle body products, such as door handles and hinges, window lift motors, window regulators, switches and handles, wiper components, lighting, electrical, and other interior and exterior vehicle body components, including windshields for UTVs; and hardware products comprising threaded bolts and auto body fasteners, automotive and home electrical wiring components, and other hardware assortments and merchandise.

Further Reading

Earnings History for Dorman Products (NASDAQ:DORM)

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