Dover Stock Analysis
DOV Stock | USD 177.19 0.03 0.02% |
Dover is overvalued with Real Value of 165.77 and Target Price of 162.33. The main objective of Dover stock analysis is to determine its intrinsic value, which is an estimate of what Dover is worth, separate from its market price. There are two main types of Dover's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Dover's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Dover's stock to identify patterns and trends that may indicate its future price movements.
The Dover stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Dover is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Dover Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Dover's ongoing operational relationships across important fundamental and technical indicators.
Dover |
Dover Stock Analysis Notes
About 88.0% of the company shares are held by institutions such as insurance companies. The book value of Dover was currently reported as 36.5. The company has Price/Earnings To Growth (PEG) ratio of 1.29. Dover recorded earning per share (EPS) of 7.52. The entity last dividend was issued on the 28th of February 2024. The firm had 1238:1000 split on the 9th of May 2018. Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The company was incorporated in 1947 and is headquartered in Downers Grove, Illinois. Dover Corp operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 25000 people. To learn more about Dover call Robert Livingston at 630 541 1540 or check out https://www.dovercorporation.com.Dover Quarterly Total Revenue |
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Dover Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Dover's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Dover or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
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: Em-tec Announces Release of SonoTT aQuila System |
Dover Upcoming and Recent Events
Earnings reports are used by Dover to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Dover previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
1st of February 2024 Upcoming Quarterly Report | View | |
24th of April 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
1st of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Dover Largest EPS Surprises
Earnings surprises can significantly impact Dover's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2002-01-20 | 2001-12-31 | 0.16 | 0.18 | 0.02 | 12 | ||
1994-04-15 | 1994-03-31 | 0.17 | 0.19 | 0.02 | 11 | ||
1993-07-14 | 1993-06-30 | 0.16 | 0.18 | 0.02 | 12 |
Dover Thematic Classifications
In addition to having Dover stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
MachineryUSA Equities from Machinery industry as classified by Fama & French | ||
ESG InvestingCompanies that promote environmental, social, and governance factors during their day-to-day operations |
Dover Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Dover is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Dover backward and forwards among themselves. Dover's institutional investor refers to the entity that pools money to purchase Dover's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 2.3 M | Macquarie Group Ltd | 2023-12-31 | 2.1 M | Adage Capital Partners Gp Llc | 2023-12-31 | 1.9 M | Northern Trust Corp | 2023-12-31 | 1.7 M | Fisher Asset Management, Llc | 2023-12-31 | 1.6 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.4 M | Bank Of New York Mellon Corp | 2023-12-31 | 1.3 M | Wellington Management Company Llp | 2023-12-31 | 1.2 M | Proshare Advisors Llc | 2023-12-31 | 1.2 M | Vanguard Group Inc | 2023-12-31 | 16.5 M | Jpmorgan Chase & Co | 2023-12-31 | 14.4 M |
Dover Market Capitalization
The company currently falls under 'Large-Cap' category with a total capitalization of 24.25 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Dover's market, we take the total number of its shares issued and multiply it by Dover'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.Dover Profitablity
Dover's profitability indicators refer to fundamental financial ratios that showcase Dover's ability to generate income relative to its revenue or operating costs. If, let's say, Dover is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Dover's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Dover's profitability requires more research than a typical breakdown of Dover's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.13 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.18 %, which entails that for every 100 dollars of revenue, it generated $0.18 of operating income. Last Reported | Projected for 2024 | ||
Return On Capital Employed | 0.15 | 0.20 | |
Return On Assets | 0.09 | 0.1 | |
Return On Equity | 0.21 | 0.14 |
Management Efficiency
Dover has Return on Asset of 0.0797 % which means that on every $100 spent on assets, it made $0.0797 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.225 %, implying that it generated $0.225 on every 100 dollars invested. Dover's management efficiency ratios could be used to measure how well Dover manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Dover's Return On Capital Employed is fairly stable compared to the past year. Return On Assets is likely to climb to 0.1 in 2024, whereas Return On Equity is likely to drop 0.14 in 2024. At this time, Dover's Non Currrent Assets Other are fairly stable compared to the past year. Return On Assets is likely to climb to 0.1 in 2024, whereas Non Current Assets Total are likely to drop slightly above 4.3 B in 2024.Last Reported | Projected for 2024 | ||
Price Book Value Ratio | 4.21 | 4.42 | |
Enterprise Value Multiple | 14.42 | 15.15 | |
Price Fair Value | 4.21 | 4.42 |
The analysis of Dover's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Dover's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Dover Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0117 | Forward Dividend Yield 0.0117 | Forward Dividend Rate 2.04 | Beta 1.27 |
Technical Drivers
As of the 28th of March, Dover shows the Mean Deviation of 0.7933, downside deviation of 0.8514, and Coefficient Of Variation of 459.54. Dover technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Dover, which can be compared to its rivals. Please confirm Dover information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Dover is priced favorably, providing market reflects its regular price of 177.19 per share. Given that Dover has jensen alpha of 0.0538, we urge you to verify Dover's prevailing market performance to make sure the company can sustain itself at a future point.Dover Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Dover middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Dover. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Dover Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Dover insiders, such as employees or executives, is commonly permitted as long as it does not rely on Dover's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Dover insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Ryan Paulson few days ago Disposition of tradable shares by Ryan Paulson of Dover at 175.065 subject to Rule 16b-3 | ||
Keith Wandell over three months ago Acquisition by Keith Wandell of 1189 shares of Dover subject to Rule 16b-3 |
Dover Outstanding Bonds
Dover issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Dover uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Dover bonds can be classified according to their maturity, which is the date when Dover has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
DOVER P 315 Corp BondUS260003AM01 | View | |
US260003AP32 Corp BondUS260003AP32 | View |
Dover Predictive Daily Indicators
Dover intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Dover stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 7707.09 | |||
Daily Balance Of Power | (0.02) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 177.24 | |||
Day Typical Price | 177.22 | |||
Price Action Indicator | (0.07) | |||
Period Momentum Indicator | (0.03) |
Dover Corporate Filings
21st of March 2024 Other Reports | ViewVerify | |
F4 | 19th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 13th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8th of March 2024 Other Reports | ViewVerify | |
8K | 7th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 29th of February 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 27th of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 12th of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Dover Forecast Models
Dover's time-series forecasting models are one of many Dover's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Dover's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Dover Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Dover prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Dover shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Dover. By using and applying Dover Stock analysis, traders can create a robust methodology for identifying Dover entry and exit points for their positions.
Last Reported | Projected for 2024 | ||
Pretax Profit Margin | 0.15 | 0.1 | |
Operating Profit Margin | 0.16 | 0.1 | |
Net Profit Margin | 0.13 | 0.07 | |
Gross Profit Margin | 0.37 | 0.29 |
Current Dover Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Dover analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Dover analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
162.33 | Strong Buy | 17 | Odds |
Most Dover analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Dover stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Dover, talking to its executives and customers, or listening to Dover conference calls.
Dover Stock Analysis Indicators
Dover stock analysis indicators help investors evaluate how Dover stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Dover shares will generate the highest return on investment. By understating and applying Dover stock analysis, traders can identify Dover position entry and exit signals to maximize returns.
Begin Period Cash Flow | 380.9 M | |
Long Term Debt | 3 B | |
Common Stock Shares Outstanding | 140.6 M | |
Total Stockholder Equity | 5.1 B | |
Tax Provision | 240 M | |
Quarterly Earnings Growth Y O Y | 0.128 | |
Property Plant And Equipment Net | 1 B | |
Cash And Short Term Investments | 398.6 M | |
Cash | 398.6 M | |
Accounts Payable | 958.5 M | |
Net Debt | 3.3 B | |
50 Day M A | 162.7146 | |
Total Current Liabilities | 2.5 B | |
Other Operating Expenses | 7.1 B | |
Non Current Assets Total | 8 B | |
Forward Price Earnings | 19.305 | |
Non Currrent Assets Other | 560.9 M | |
Stock Based Compensation | 31.5 M |
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.
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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 7.52 | 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.