Dover Stock Today
| DOV Stock | USD 170.45 0.95 0.56% |
Performance15 of 100
| Odds Of DistressLess than 5
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Dover is selling for under 170.45 as of the 18th of April 2024; that is 0.56 percent up since the beginning of the trading day. The stock's lowest day price was 168.2. Dover has under 5 % chance of experiencing financial distress over the next 2 years and had a good performance during the last 90 days. Equity ratings for Dover are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 1st of July 1985 | Category Industrials |
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. The company has 137.38 M outstanding shares of which 3.87 M shares are currently shorted by investors with about 3.86 days to cover. More on Dover
Moving together with Dover Stock
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Moving against Dover Stock
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Dover Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Dover's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Dover or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Dover's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Dover's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO and President and Director | Robert Livingston | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | DOVER CORP. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Industrial Machinery & Supplies & Components, Specialty Industrial Machinery, Industrials, NYSE Composite, SP 500 Index, ESG Investing, Machinery, Industrials, Machinery, Specialty Industrial Machinery, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Dover report their recommendations after researching Dover's financial statements, talking to executives and customers, or listening in on Dover's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Dover. The Dover consensus assessment is calculated by taking the average forecast from all of the analysts covering Dover. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Dover's profitability, liquidity, and operating efficiency, Dover may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Dover is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Dover's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Dover's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Dover's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Dover's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Dover's financial leverage. It provides some insight into what part of Dover's total assets is financed by creditors.
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Dover (DOV) is traded on New York Stock Exchange in USA. It is located in 3005 Highland Parkway, Downers Grove, IL, United States, 60515 and employs 25,000 people. Dover is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 23.51 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 runs under Machinery sector within Industrials industry. The entity has 137.38 M outstanding shares of which 3.87 M shares are currently shorted by investors with about 3.86 days to cover.
Dover has about 380.87 M in cash with 1.34 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.18.
Check Dover Probability Of Bankruptcy
Ownership AllocationDover holds a total of 137.38 Million outstanding shares. The majority of Dover outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Dover to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Dover. Please pay attention to any change in the institutional holdings of Dover as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Dover Ownership Details
Dover Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Dover jumping above the current price in 90 days from now is about 29.61%. The Dover probability density function shows the probability of Dover stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.2809 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Dover will likely underperform. Additionally, dover has an alpha of 0.1522, implying that it can generate a 0.15 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Dover to move above the current price in 90 days from now is about 29.61 (This Dover probability density function shows the probability of Dover Stock to fall within a particular range of prices over 90 days) .
Dover Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Dover that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Dover's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Dover's value.| Instituion | Recorded On | 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 Historical Income Statement
Dover Income Statement is one of the three primary financial statements used for reporting Dover's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Dover revenue and expense. Dover Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Interest Expense is likely to climb to about 137.9 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 229.7 M in 2024. View More FundamentalsDover Stock Against Markets
Picking the right benchmark for Dover stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Dover stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Dover is critical whether you are bullish or bearish towards Dover at a given time. Please also check how Dover's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Dover without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Dover Corporate Directors
Dover corporate directors refer to members of a Dover board of directors. The board of directors generally takes responsibility for the Dover's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Dover's board members must vote for the resolution. The Dover board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| JeanPierre Ergas | Independent Director | Profile | |
| Bernard Rethore | Independent Director | Profile | |
| Keith Wandell | Independent Director | Profile | |
| Kristiane Graham | Independent Director | Profile |
How to buy Dover Stock?
Before investing in Dover, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Dover. To buy Dover stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Dover. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Dover stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Dover stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Dover stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Dover, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Dover Stock please use our How to Invest in Dover guide.
Already Invested in Dover?
The danger of trading Dover is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Dover is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Dover. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Dover is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Dover is a strong investment it is important to analyze Dover's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dover's future performance. For an informed investment choice regarding Dover Stock, refer to the following important reports: 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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 7.51 | 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.