BMO Capital has initiated coverage on Dorman Products Inc (DORM) with an Outperform rating, marking the firm's first assessment of the company. This rating reflects BMO's analysis of Dorman's business, industry dynamics, and growth prospects.
Dorman Products, headquartered in Colmar, Pennsylvania, specializes in supplying automotive replacement and upgrade parts for the motor vehicle aftermarket. The company operates across three segments: Light Duty, Heavy Duty, and Specialty Vehicle. The Light Duty segment focuses on designing and marketing replacement parts primarily for passenger cars and light trucks. Meanwhile, the Heavy Duty segment caters to medium and heavy trucks, and the Specialty Vehicle segment manufactures aftermarket parts for the powersports market.
As of September 17, 2025, Dorman's stock is priced at $129.66, with a market capitalization of $3.9 billion. The company has a P/E ratio of 15.87 and an EPS of 8.04. Upcoming earnings are anticipated on August 3, 2026, with estimates of $2.33 EPS and $583.4 million in revenue.
Analyst ratings provide insights based on research and financial models, but they are not guarantees of future performance. Investors should consider a range of factors, including company fundamentals and industry trends, when making decisions. Analyst opinions can change as new information arises, and different analysts may offer varying perspectives on the same company.
Recent analyst activity reflects this dynamic environment. Following BMO's initiation, Roth Capital maintained a Buy rating, while Wells Fargo initiated coverage with an Overweight rating. As of November 1, 2025, the consensus among analysts is a Buy, with 4 Strong Buy, 8 Buy, and 2 Hold ratings documented.
Such decisions reflect a growing interest in Dorman Products as it continues to navigate the evolving automotive parts market.