Dorman Products Stock Today

DORM Stock  USD 97.43  4.39  4.72%   

Performance

8 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 5

 
100  
 
Zero
Very Low
Dorman Products is selling at 97.43 as of the 28th of March 2024; that is 4.72 percent increase since the beginning of the trading day. The stock's lowest day price was 93.02. Dorman Products has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat ok performance during the last 90 days. Equity ratings for Dorman Products are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of September 2023 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Automobiles & Components
IPO Date
12th of March 1991
Category
Consumer Cyclical
Classification
Consumer Discretionary
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. The company was founded in 1918 and is headquartered in Colmar, Pennsylvania. The company has 31.09 M outstanding shares of which 480.8 K shares are currently shorted by private and institutional investors with about 3.07 trading days to cover. More on Dorman Products

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Dorman Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Dorman Products' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Dorman Products or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and President and DirectorMathias Barton
Thematic IdeaAutomobiles and Trucks (View all Themes)
Business ConcentrationAutomotive Parts & Equipment, Automobiles & Components, Consumer Discretionary, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Automobiles and Trucks, Consumer Discretionary, Automobile Components, Auto Parts, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering Dorman Products report their recommendations after researching Dorman Products' financial statements, talking to executives and customers, or listening in on Dorman Products' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Dorman Products. The Dorman consensus assessment is calculated by taking the average forecast from all of the analysts covering Dorman Products.
Financial Strength
Based on the key indicators related to Dorman Products' liquidity, profitability, solvency, and operating efficiency, Dorman Products may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Dorman Products is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.380.8418
Way Up
Pretty Stable
Gross Profit Margin0.430.3552
Fairly Up
Pretty Stable
Total Current Liabilities574.5 M547.2 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total605.9 M577.1 M
Sufficiently Up
Slightly volatile
Total Assets2.4 B2.3 B
Sufficiently Up
Slightly volatile
Total Current Assets1.3 B1.2 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities219.2 M208.8 M
Sufficiently Up
Slightly volatile
Dorman Products' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Dorman Products' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Dorman Products' financial leverage. It provides some insight into what part of Dorman Products' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Dorman Products' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Dorman Products deploys its capital and how much of that capital is borrowed.
Liquidity
Dorman Products cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 683.8 M in liabilities with Debt to Equity (D/E) ratio of 0.31, which is about average as compared to similar companies. Dorman Products has a current ratio of 1.72, which is within standard range for the sector. Debt can assist Dorman Products until it has trouble settling it off, either with new capital or with free cash flow. So, Dorman Products' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Dorman Products sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Dorman to invest in growth at high rates of return. When we think about Dorman Products' use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

(15.08 Million)
Dorman Products (DORM) is traded on NASDAQ Exchange in USA. It is located in 3400 East Walnut Street, Colmar, PA, United States, 18915 and employs 3,872 people. Dorman Products is listed under Automotive Parts & Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.89 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Dorman Products's market, we take the total number of its shares issued and multiply it by Dorman Products's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Dorman Products conducts business under Automobile Components sector and is part of Consumer Discretionary industry. The entity has 31.09 M outstanding shares of which 480.8 K shares are currently shorted by private and institutional investors with about 3.07 trading days to cover. Dorman Products currently holds about 35.44 M in cash with 208.76 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.13.
Check Dorman Products Probability Of Bankruptcy
Ownership Allocation
Dorman Products holds a total of 31.09 Million outstanding shares. The majority of Dorman Products outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Dorman Products to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Dorman Products. Please pay attention to any change in the institutional holdings of Dorman Products as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Dorman Ownership Details

Dorman Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Dorman Products jumping above the current price in 90 days from now is near 1%. The Dorman Products probability density function shows the probability of Dorman Products stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.6802 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Dorman Products will likely underperform. Additionally, dorman Products has an alpha of 0.0545, implying that it can generate a 0.0545 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 97.43HorizonTargetOdds Above 97.43
99.03%90 days
 97.43 
0.96%
Based on a normal probability distribution, the odds of Dorman Products to move above the current price in 90 days from now is near 1 (This Dorman Products probability density function shows the probability of Dorman Stock to fall within a particular range of prices over 90 days) .

Dorman Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Dorman Products that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Dorman Products' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Dorman Products' value.
InstituionRecorded OnShares
Ameriprise Financial Inc2023-09-30
478.9 K
Northern Trust Corp2023-09-30
465.3 K
Loomis, Sayles & Company Lp2023-09-30
399.1 K
Bank Of America Corp2023-09-30
378.7 K
Cooper Creek Partners Management Llc2023-12-31
363.2 K
Southernsun Asset Management, Llc2023-12-31
348.2 K
Abrdn Plc2023-09-30
341.1 K
Wcm Investment Management2023-12-31
314.7 K
Charles Schwab Investment Management Inc2023-09-30
312.8 K
Blackrock Inc2023-09-30
4.1 M
Vanguard Group Inc2023-09-30
M
View Dorman Products Diagnostics

Dorman Products Historical Income Statement

Dorman Products Income Statement is one of the three primary financial statements used for reporting Dorman's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Dorman Products revenue and expense. Dorman Products Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Dorman Products' EBIT is very stable compared to the past year. As of the 28th of March 2024, EBITDA is likely to grow to about 277.6 M, while Income Tax Expense is likely to drop about 21.8 M. View More Fundamentals

Dorman Stock Against Markets

Picking the right benchmark for Dorman Products stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Dorman Products stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Dorman Products is critical whether you are bullish or bearish towards Dorman Products at a given time. Please also check how Dorman Products' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Dorman Products without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Dorman Products Corporate Directors

Dorman Products corporate directors refer to members of a Dorman Products board of directors. The board of directors generally takes responsibility for the Dorman Products' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Dorman Products' board members must vote for the resolution. The Dorman Products board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Kelly RomanoIndependent DirectorProfile
Michael StakiasDirectorProfile
Paul LedererLead Independent DirectorProfile
Richard RileyIndependent DirectorProfile

How to buy Dorman Stock?

Before investing in Dorman Products, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Dorman Products. To buy Dorman Products stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Dorman Products. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Dorman Products stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Dorman Products stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Dorman Products stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Dorman Products, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Dorman Stock please use our How to Invest in Dorman Products guide.

Already Invested in Dorman Products?

The danger of trading Dorman Products is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Dorman Products is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Dorman Products. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Dorman Products is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Dorman Products is a strong investment it is important to analyze Dorman Products' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dorman Products' future performance. For an informed investment choice regarding Dorman Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dorman Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Dorman Products' price analysis, check to measure Dorman Products' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dorman Products is operating at the current time. Most of Dorman Products' value examination focuses on studying past and present price action to predict the probability of Dorman Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dorman Products' price. Additionally, you may evaluate how the addition of Dorman Products to your portfolios can decrease your overall portfolio volatility.
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Is Dorman Products' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dorman Products. If investors know Dorman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dorman Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.855
Earnings Share
4.1
Revenue Per Share
61.351
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0701
The market value of Dorman Products is measured differently than its book value, which is the value of Dorman that is recorded on the company's balance sheet. Investors also form their own opinion of Dorman Products' value that differs from its market value or its book value, called intrinsic value, which is Dorman Products' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dorman Products' market value can be influenced by many factors that don't directly affect Dorman Products' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dorman Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dorman Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dorman Products' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.