Dover Stock Performance
| DOV Stock | USD 171.44 0.85 0.49% |
On a scale of 0 to 100, Dover holds a performance score of 16. The firm shows a Beta (market volatility) of 1.24, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Dover will likely underperform. Please check Dover's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Dover's price patterns will revert.
Risk-Adjusted Performance
16 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Dover are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of fairly inconsistent basic indicators, Dover showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (0.05) | Five Day Return 1.84 | Year To Date Return 13.65 | Ten Year Return 147.53 | All Time Return 28.5 K |
Forward Dividend Yield 0.0118 | Payout Ratio 0.2315 | Last Split Factor 1238:1000 | Forward Dividend Rate 2.04 | Dividend Date 2024-03-15 |
1 | Dover Corps Dividend Analysis | 02/27/2024 |
| Dover dividend paid on 15th of March 2024 | 03/15/2024 |
2 | Disposition of tradable shares by Ryan Paulson of Dover at 175.065 subject to Rule 16b-3 | 03/22/2024 |
3 | Cracking The Code Understanding Analyst Reviews For Dover - Dover - Benzinga | 03/28/2024 |
4 | Baird lifts Dover Corp shares target on market improvements, remains optimistic | 04/01/2024 |
5 | Global Aseptic Connectors Industry Research 2023-2033 Single-Use Technology and Innovation, Strategic Partnerships and Collaborations Shaping the Landscape | 04/08/2024 |
6 | Possible Bearish Signals With Dover Insiders Disposing Stock | 04/11/2024 |
7 | Markem-Imaje Unveils Multipurpose Ink for Clear Coding on Cable and Other Extruded Products | 04/16/2024 |
8 | RegO Introduces Innovative Device and App Update for LPG Tank and Regulator Testing | 04/18/2024 |
9 | Analysts Estimate Barnes Group to Report a Decline in Earnings What to Look Out for | 04/19/2024 |
10 | OPW Retail Fueling Adds VSE Vent Transition And GSE Grade-Level Transition Sump Models To Its E-Series Sump Product Portfolio | 04/23/2024 |
| Begin Period Cash Flow | 380.9 M |
Dover |
Dover Relative Risk vs. Return Landscape
If you would invest 14,996 in Dover on January 25, 2024 and sell it today you would earn a total of 2,148 from holding Dover or generate 14.32% return on investment over 90 days. Dover is generating 0.2181% of daily returns assuming volatility of 1.0496% on return distribution over 90 days investment horizon. In other words, 9% of stocks are less volatile than Dover, and above 96% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Dover Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dover's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Dover, and traders can use it to determine the average amount a Dover's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2078
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | DOV | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Dover is performing at about 16% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Dover by adding it to a well-diversified portfolio.
Dover Fundamentals Growth
Dover Stock prices reflect investors' perceptions of the future prospects and financial health of Dover, and Dover fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Dover Stock performance.
| Return On Equity | 0.23 | |||
| Return On Asset | 0.0797 | |||
| Profit Margin | 0.13 % | |||
| Operating Margin | 0.18 % | |||
| Current Valuation | 27.4 B | |||
| Shares Outstanding | 137.38 M | |||
| Price To Earning | 17.76 X | |||
| Price To Book | 4.63 X | |||
| Price To Sales | 2.80 X | |||
| Revenue | 8.44 B | |||
| Gross Profit | 3.07 B | |||
| EBITDA | 1.37 B | |||
| Net Income | 1.06 B | |||
| Cash And Equivalents | 380.87 M | |||
| Cash Per Share | 2.18 X | |||
| Total Debt | 3.68 B | |||
| Debt To Equity | 0.91 % | |||
| Current Ratio | 1.17 X | |||
| Book Value Per Share | 36.50 X | |||
| Cash Flow From Operations | 1.34 B | |||
| Earnings Per Share | 7.51 X | |||
| Market Capitalization | 23.67 B | |||
| Total Asset | 11.35 B | |||
| Retained Earnings | 11 B | |||
| Working Capital | 890.4 M | |||
| Current Asset | 2.42 B | |||
| Current Liabilities | 1.37 B | |||
About Dover Performance
To evaluate Dover Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Dover generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Dover Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Dover market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Dover's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 83.55 | 56.06 | |
| Return On Tangible Assets | 0.21 | 0.13 | |
| Return On Capital Employed | 0.15 | 0.20 | |
| Return On Assets | 0.09 | 0.1 | |
| Return On Equity | 0.21 | 0.14 |
Things to note about Dover performance evaluation
Checking the ongoing alerts about Dover for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Dover help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 88.0% of the company shares are held by institutions such as insurance companies | |
| On 15th of March 2024 Dover paid $ 0.51 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: OPW Retail Fueling Adds VSE Vent Transition And GSE Grade-Level Transition Sump Models To Its E-Series Sump Product Portfolio |
- Analyzing Dover's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Dover's stock is overvalued or undervalued compared to its peers.
- Examining Dover's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Dover's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Dover's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Dover's stock. These opinions can provide insight into Dover's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dover. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Dover Stock please use our How to Invest in Dover guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Dover Stock analysis
When running Dover's price analysis, check to measure Dover's 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 Dover is operating at the current time. Most of Dover's value examination focuses on studying past and present price action to predict the probability of Dover's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dover's price. Additionally, you may evaluate how the addition of Dover to your portfolios can decrease your overall portfolio volatility.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |
Is Dover's 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 Dover. If investors know Dover 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 Dover 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 0.128 | Dividend Share 2.03 | Earnings Share 7.51 | Revenue Per Share 60.338 | Quarterly Revenue Growth (0.02) |
The market value of Dover is measured differently than its book value, which is the value of Dover that is recorded on the company's balance sheet. Investors also form their own opinion of Dover's value that differs from its market value or its book value, called intrinsic value, which is Dover's 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 Dover's market value can be influenced by many factors that don't directly affect Dover's 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 Dover's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dover is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dover's 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.