<p>吉姆·克莱默最近对 Dorman Products（DORM）发表的 “远离” 言论，恰逢该公司重申其 2025 年增长指引，令该股票在错误的焦点下备受关注。</p>
<p>查看我们对 Dorman Products 的最新分析。</p>
<p>这些评论在 Dorman 面临的尴尬时刻出现，目前股价约为 128.01 美元，90 天股价回报率大约为负 21%，而三年总股东回报率仍然接近 59%。这表明，尽管短期动能明显减弱，但长期持有者仍然处于领先地位。</p>
<p>如果这场汽车零部件的拉锯战让你重新评估增长和信心的真正所在，扫描汽车制造商以寻找该领域的其他想法可能是值得的。</p>
<p>尽管重申了 2025 年两位数的盈利增长，Dorman 的股价仍以相对较大的折扣交易于分析师目标价之下，关键问题是 Dorman 是否被市场低估，还是市场已经看到增长即将达到顶峰。</p>
<h2>最受欢迎的叙述：26.2% 被低估</h2>
<p>在最广泛关注的叙述中，合理价值远高于最近的 128.01 收盘价，辩论的焦点从动能转向预期是否过于雄心勃勃。</p>
<blockquote>
<p><em>Dorman 持续推出新的高利润专有产品，特别是那些 “新进入售后市场” 或解决 OE 零件缺陷的产品，进一步扩大了毛利率和营业利润率，最近几个季度的毛利率扩张主要归因于这些创新的强劲采用。</em></p>
</blockquote>
<p>阅读完整叙述。</p>
<p>想看看是什么推动了这一上涨预期？这个叙述悄然依赖于稳定的收入增长、韧性的利润率和更高的未来盈利倍数。好奇哪些假设在合理价值标签背后起到了重要作用？</p>
<p><strong>结果：合理价值为 173.50 美元（被低估）</strong></p>
<p>完整阅读叙述，了解预测背后的原因。</p>
<p>然而，持续的关税不确定性和比预期更快的电动车采用可能会压缩利润率并削弱长期需求，这将挑战当前的低估情况。</p>
<p>了解 Dorman Products 叙述的关键风险。</p>
<h2>自建 Dorman Products 叙述</h2>
<p>如果你对这种观点不信服，或者只是想自己深入数字，你可以在几分钟内构建一个自定义论点：按你的方式进行。</p>
<p>进行 Dorman Products 研究的一个良好起点是我们的分析，强调 4 个关键回报和 1 个重要警示信号，这可能会影响你的投资决策。</p>
<h2>寻找更多投资想法？</h2>
<p>当市场充满被忽视的机会时，不要只停留在单一股票上；使用 Simply Wall Street 筛选器探索更广泛的可能性。</p>
<ul>
<li>通过扫描这些 3614 只财务状况良好的便士股票，及早识别潜在的突破性股票，这些股票的价格标签小而财务实力强。</li>
<li>通过瞄准这 30 只正在改变全球医疗交付和规模的医疗 AI 股票，为你的投资组合定位结构性增长。</li>
<li>通过关注这些 13 只收益率超过 3% 的股息股票，寻求稳定的现金流潜力，这些股票结合了定期分红和可持续的商业模式。</li>
</ul>
<p><em>这篇文章由 Simply Wall St 撰写，内容具有一般性。<strong>我们提供基于历史数据和分析师预测的评论，仅使用无偏见的方法，我们的文章并不旨在提供财务建议。</strong> 它不构成买入或卖出任何股票的推荐，也不考虑你的目标或财务状况。我们旨在为你提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>
<p>移动基础设施用于国防和灾难</p>
<p>下一波机器人技术不是类人机器人，而是能够在 30 分钟内提供 5G、ISR 和雷达的全自动塔，适用于任何地方。</p>
<p>在下一轮合同之前获取投资者简报</p>
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Dorman产品

<p>吉姆·克莱默对 Dorman Products（DORM）表示谨慎，尽管该公司重申了 2025 年的增长指引。该股目前价格为 128.01 美元，在 90 天内下跌了 21%，但三年回报率仍保持在 59%。分析师认为该股被低估，合理价值为 173.50 美元，主要受新产品发布和利润率扩张的推动。然而，风险包括关税不确定性和电动车的普及。投资者被鼓励探索 Dorman 以外的更广泛市场机会</p>

<p>Jim Cramer’s recent “stay away” remarks about Dorman Products (DORM), coming right after the company reaffirmed its 2025 growth guidance, have put the stock under a spotlight for all the wrong reasons.</p>
<div class="lb-trans"><p>吉姆·克莱默最近对 Dorman Products（DORM）发表的 “远离” 言论，恰逢该公司重申其 2025 年增长指引，令该股票在错误的焦点下备受关注。</p>
</div><p>See our latest analysis for Dorman Products.</p>
<div class="lb-trans"><p>查看我们对 Dorman Products 的最新分析。</p>
</div><p>Those comments have landed at a tricky moment for Dorman, with the share price now around $128.01 and a 90 day share price return of roughly negative 21 percent contrasting with a still solid three year total shareholder return near 59 percent. This suggests long term holders remain ahead even as near term momentum has clearly cooled.</p>
<div class="lb-trans"><p>这些评论在 Dorman 面临的尴尬时刻出现，目前股价约为 128.01 美元，90 天股价回报率大约为负 21%，而三年总股东回报率仍然接近 59%。这表明，尽管短期动能明显减弱，但长期持有者仍然处于领先地位。</p>
</div><p>If this tug of war in auto parts has you reassessing where growth and conviction really lie, it could be worth scanning auto manufacturers for other ideas in the space.</p>
<div class="lb-trans"><p>如果这场汽车零部件的拉锯战让你重新评估增长和信心的真正所在，扫描汽车制造商以寻找该领域的其他想法可能是值得的。</p>
</div><p>With shares trading at a sizeable discount to analyst targets despite reaffirmed double digit earnings growth for 2025, the key question now is whether Dorman is quietly undervalued or if the market already sees growth topping out.</p>
<div class="lb-trans"><p>尽管重申了 2025 年两位数的盈利增长，Dorman 的股价仍以相对较大的折扣交易于分析师目标价之下，关键问题是 Dorman 是否被市场低估，还是市场已经看到增长即将达到顶峰。</p>
</div><h2>Most Popular Narrative Narrative: 26.2% Undervalued</h2>
<div class="lb-trans"><h2>最受欢迎的叙述：26.2% 被低估</h2>
</div><p>With the most widely followed narrative placing fair value well above the recent 128.01 close, the debate shifts from momentum to whether expectations are too ambitious.</p>
<div class="lb-trans"><p>在最广泛关注的叙述中，合理价值远高于最近的 128.01 收盘价，辩论的焦点从动能转向预期是否过于雄心勃勃。</p>
</div><blockquote>
<p><em>Dorman's continuous launch of new, high margin, proprietary products especially those &#34;new to the aftermarket&#34; or addressing OE part flaws further expands gross and operating margins, with recent quarters evidencing margin expansion primarily attributed to strong adoption of these innovations.</em></p>
</blockquote>
<div class="lb-trans"><blockquote>
<p><em>Dorman 持续推出新的高利润专有产品，特别是那些 “新进入售后市场” 或解决 OE 零件缺陷的产品，进一步扩大了毛利率和营业利润率，最近几个季度的毛利率扩张主要归因于这些创新的强劲采用。</em></p>
</blockquote>
</div><p>Read the complete narrative.</p>
<div class="lb-trans"><p>阅读完整叙述。</p>
</div><p>Want to see what powers that upside call? This narrative quietly leans on steady top line expansion, resilient margins and a richer future earnings multiple. Curious which assumptions do the heavy lifting behind that fair value label?</p>
<div class="lb-trans"><p>想看看是什么推动了这一上涨预期？这个叙述悄然依赖于稳定的收入增长、韧性的利润率和更高的未来盈利倍数。好奇哪些假设在合理价值标签背后起到了重要作用？</p>
</div><p><strong>Result: Fair Value of $173.50 (UNDERVALUED)</strong></p>
<div class="lb-trans"><p><strong>结果：合理价值为 173.50 美元（被低估）</strong></p>
</div><p>Have a read of the narrative in full and understand what's behind the forecasts.</p>
<div class="lb-trans"><p>完整阅读叙述，了解预测背后的原因。</p>
</div><p>However, persistent tariff uncertainty and faster than expected EV adoption could compress margins and dent long term demand, which would challenge the current undervaluation case.</p>
<div class="lb-trans"><p>然而，持续的关税不确定性和比预期更快的电动车采用可能会压缩利润率并削弱长期需求，这将挑战当前的低估情况。</p>
</div><p>Find out about the key risks to this Dorman Products narrative.</p>
<div class="lb-trans"><p>了解 Dorman Products 叙述的关键风险。</p>
</div><h2>Build Your Own Dorman Products Narrative</h2>
<div class="lb-trans"><h2>自建 Dorman Products 叙述</h2>
</div><p>If you are unconvinced by this view, or simply want to dig into the numbers yourself, you can build a custom thesis in minutes: Do it your way.</p>
<div class="lb-trans"><p>如果你对这种观点不信服，或者只是想自己深入数字，你可以在几分钟内构建一个自定义论点：按你的方式进行。</p>
</div><p>A great starting point for your Dorman Products research is our analysis highlighting 4 key rewards and 1 important warning sign that could impact your investment decision.</p>
<div class="lb-trans"><p>进行 Dorman Products 研究的一个良好起点是我们的分析，强调 4 个关键回报和 1 个重要警示信号，这可能会影响你的投资决策。</p>
</div><h2>Looking for more investment ideas?</h2>
<div class="lb-trans"><h2>寻找更多投资想法？</h2>
</div><p>Do not stop at a single stock when the market is full of overlooked opportunities; use the Simply Wall Street Screener to explore a wider range of possibilities.</p>
<div class="lb-trans"><p>当市场充满被忽视的机会时，不要只停留在单一股票上；使用 Simply Wall Street 筛选器探索更广泛的可能性。</p>
</div><ul>
<li>Identify potential breakout names early by scanning these 3614 penny stocks with strong financials that pair small price tags with solid financial strength.</li>
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</ul>
<div class="lb-trans"><ul>
<li>通过扫描这些 3614 只财务状况良好的便士股票，及早识别潜在的突破性股票，这些股票的价格标签小而财务实力强。</li>
<li>通过瞄准这 30 只正在改变全球医疗交付和规模的医疗 AI 股票，为你的投资组合定位结构性增长。</li>
<li>通过关注这些 13 只收益率超过 3% 的股息股票，寻求稳定的现金流潜力，这些股票结合了定期分红和可持续的商业模式。</li>
</ul>
</div><p><em>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</em></p>
<div class="lb-trans"><p><em>这篇文章由 Simply Wall St 撰写，内容具有一般性。<strong>我们提供基于历史数据和分析师预测的评论，仅使用无偏见的方法，我们的文章并不旨在提供财务建议。</strong> 它不构成买入或卖出任何股票的推荐，也不考虑你的目标或财务状况。我们旨在为你提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>
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<div class="lb-trans"><p>下一波机器人技术不是类人机器人，而是能够在 30 分钟内提供 5G、ISR 和雷达的全自动塔，适用于任何地方。</p>
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在 Jim Cramer 发出警告并重申 2025 年增长指导后，评估 Dorman 产品（DORM）的估值