Dover Stock Today

DVD -  USA Stock  

USD 2.32  0.02  0.87%

Dover Downs is trading at 2.32 as of the 27th of September 2021, a 0.87 percent up since the beginning of the trading day. The stock's lowest day price was 2.28. Dover Downs has 48 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Dover Downs Entertainment are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of October 2020 and ending today, the 27th of September 2021. Click here to learn more.
 Market Performance
1 of 100
  Odds Of Distress
Less than 48

Dover Downs Stock Profile

The next fiscal quarter end is expected on the 30th of September 2021. Dover Motorsports, Inc. markets and promotes motorsports entertainment in the United States. Dover Motorsports, Inc. was founded in 1969 and is based in Dover, Delaware. Dover Downs operates under Leisure classification in the United States and is traded on New York Stock Exchange. It employs 52 people. more on Dover Downs
About 15.0% of the company shares are held by company insiders
Dover Downs Fama & French Entertainment
Entertainment
Fama & French Classification
Dover Downs Entertainment SEC Filings
Dover Downs SEC Filings Security & Exchange Commission EDGAR Reports
Legal NameDover Downs Entertainment
CEODenis McGlynn  (View All)
Thematic Classifications
Active investing themes Dover currently participates. (view all). An investing theme is an unweighted collection of funds, stocks, ETFs or cryptocurrencies
    Entertainment
    Sports
Average Analyst Recommendation
Analysts covering Dover Downs report their recommendations after researching Dover Downs' financial statements, talking to executives and customers, or listening in on Dover Downs' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Dover Downs Entertainment. The Dover consensus assessment is calculated by taking the average forecast from all of the analysts covering Dover Downs.
Strong Buy1 Opinion
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Dover Downs Entertainment based on its profitability, leverage, liquidity, source of funds, and operating efficiency. it is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Dover Downs Entertainment financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 6 - HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares34.6 M36.4 M
Notably Down
Decreasing
Slightly volatile
Weighted Average Shares Diluted41.7 M42.9 M
Sufficiently Down
Increasing
Slightly volatile
Net Cash Flow from Operations4.4 M3.2 M
Significantly Up
Decreasing
Stable
Total Assets83.8 M87.5 M
Sufficiently Down
Decreasing
Slightly volatile
Total Liabilities24.3 M18.5 M
Significantly Up
Decreasing
Slightly volatile
Current Assets16.7 M20.6 M
Significantly Down
Increasing
Slightly volatile
Current Liabilities5.4 M5.9 M
Significantly Down
Decreasing
Slightly volatile
Total Debt33.9 K33 K
Fairly Up
Decreasing
Slightly volatile
Return on Average Assets0.09610.089
Significantly Up
Increasing
Slightly volatile
Gross Margin0.350.346
Fairly Up
Decreasing
Slightly volatile
Asset Turnover0.530.458
Fairly Up
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Dover Downs' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Dover Downs' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Dover Downs' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
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 Downs' financial leverage. It provides some insight into what part of Dover Downs' total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Dover Downs' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Dover Downs deploys its capital and how much of that capital is borrowed.
Liquidity
Dover Downs cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 218 K in debt with debt to equity (D/E) ratio of 0.0, which may show that the company is not taking advantage of profits from borrowing. Dover Downs Entertainment has a current ratio of 1.5, which is typical for the industry and considered as normal.

Operating Cash Flow

4.44 MillionShare
Dover Downs Entertainment (DVD) is traded on New York Stock Exchange in USA. It is located in 1131 North DuPont Highway and employs 52 people. Dover Downs is listed under Entertainment category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with total capitalization of 84.55 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Dover Downs's market, we take the total number of its shares issued and multiply it by Dover Downs'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 these looking for more risk prefer small-cap and mid-cap equities. Dover Downs Entertainment runs under Consumer Cyclical sector within Leisure industry. The entity has 17.94 M outstanding shares of which 27.95 K shares are currently shorted by investors with about 1.63 days to cover shorted positions. Dover Downs Entertainment has about 10.86 M in cash with 6.5 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.3.
Check Dover Downs Probability Of Bankruptcy
Ownership
Dover Downs holds a total of seventeen million nine hundred fourty thousand outstanding shares. 30% of Dover Downs Entertainment outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulation than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or about to change. Please note that no matter how much 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.

Ownership Allocation (%)

Check Dover Ownership Details

Dover Stock Price Odds Analysis

What are Dover Downs' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Dover Downs jumping above the current price in 90 days from now is about 74.12%. The Dover Downs Entertainment probability density function shows the probability of Dover Downs stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Dover Downs has a beta of 0.3359 suggesting as returns on the market go up, Dover Downs average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Dover Downs Entertainment will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0391, implying that it can generate a 0.0391 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 2.32HorizonTargetOdds Up 2.32 
25.73%90 days
 2.32 
74.12%
Based on a normal probability distribution, the odds of Dover Downs to move above the current price in 90 days from now is about 74.12 (This Dover Downs Entertainment probability density function shows the probability of Dover Stock to fall within a particular range of prices over 90 days) .

Dover Downs Historical Income Statement

Dover Downs Entertainment 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 Downs Entertainment revenue and expense. Dover Downs Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Dover Downs Cost of Revenue is projected to decrease significantly based on the last few years of reporting. The past year's Cost of Revenue was at 25.22 Million. The current year Gross Profit is expected to grow to about 14.7 M, whereas Operating Income is forecasted to decline to about 6.9 M. View More Fundamentals

Dover Stock Against Markets

Picking the right benchmark for Dover Downs 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 Downs 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 Downs is critical whether you are bullish or bearish towards Dover Downs Entertainment at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Dover Downs without increasing your portfolio risk or giving up 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.

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Continue to Investing Opportunities. Note that the Dover Downs Entertainment information on this page should be used as a complementary analysis to other Dover Downs' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Dover Downs Entertainment price analysis, check to measure Dover Downs' 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 Downs is operating at the current time. Most of Dover Downs' value examination focuses on studying past and present price action to predict the probability of Dover Downs' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Dover Downs' price. Additionally, you may evaluate how the addition of Dover Downs to your portfolios can decrease your overall portfolio volatility.
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The market value of Dover Downs Entertainment 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 Downs' value that differs from its market value or its book value, called intrinsic value, which is Dover Downs' 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 Downs' market value can be influenced by many factors that don't directly affect Dover Downs Entertainment underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dover Downs' value and its price as these two are different measures arrived at by different means. Investors typically determine Dover Downs value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dover Downs' 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.