Dover Story

<div class='circular--portrait' style='background:#347AFC;color: #ffffff;font-size:3em;'>DOV</div>
DOV -- USA Stock  

USD 123.54  2.40  1.98%

Dover PPandE Turnover is fairly stable at the moment as compared to the past year. Dover reported PPandE Turnover of 8.66 in 2019. Receivables Turnover is likely to climb to 6.69 in 2020, whereas Revenue Per Employee is likely to drop slightly above 264.7 K in 2020. This short post will focus on Dover as a possible investment alternative for your portfolios. We will provide a perspective on Dover future direction.
Published over a month ago
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Our projection for Dover (NYSE:DOV) in November
This firm has a beta of 0.0715. Let's try to break down what Dover's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Dover will likely underperform. The beta indicator helps investors understand whether Dover moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Dover deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns.
There are currently many different techniques concerning forecasting the market as a whole as well as predicting future values of individual securities such as Dover. Regardless of method or technology, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.

Predictive Modules for Dover


How important is Dover's Liquidity

Dover financial leverage refers to using borrowed capital as a funding source to finance Dover ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Dover financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Dover's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for Dover, but it might be worth checking our own buy vs. sell analysis

A Deeper Perspective

Dover has relatively low volatility with skewness of -0.66 and kurtosis of 1.73. However, we advise all investors to independently investigate Dover to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns.

Margin Breakdown

Operating Margin15.54
EBITDA Margin0.17
Gross Margin0.35
Profit Margin0.0963

Will price continue to climb in November 2020?

Latest maximum drawdown is at 7.69. Dover has relatively low volatility with skewness of -0.66 and kurtosis of 1.73. However, we advise all investors to independently investigate Dover to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns.

Our Bottom Line On Dover

While some other entities within the specialty industrial machinery industry are still a little expensive, even after the recent corrections, Dover may offer a potential longer-term growth to sophisticated investors. The inconsistency in the assessment between current Dover valuation and our trade advice on Dover is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Dover.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Dover. Please refer to our Terms of Use for any information regarding our disclosure principles.

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