Dover Corporation (NYSE:DOV) closed its last session at $76.95. The stock traded within a range of $76.60 and $77.37. The company operates in the Industrials sector with a market capitalization of 11.87 Million. Trading volume for Dover Corporation was 1.54 Million in its previous trading session. Currently, Dover Corporation (NYSE:DOV) has an average volume of 2.05 Million.
Dover is a diversified global manufacturer. They deliver innovative equipment and components, specialty systems and support services through four major operating segments: Energy, Engineered Systems, Fluids & Refrigeration & Food Equipment. Dover combines global scale with operational agility to lead the markets they serve. Recognized for their entrepreneurial approach for over 60 years, their team of over 29,000 employees takes an ownership mindset, collaborating with customers to redefine what’s possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under DOV.
Dover Corporation (NYSE:DOV) received a Buy rating from 0 analysts. 0 analysts gave its stock an Outperform rating. 5 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.
EPS & Financials
Dover Corporation (NYSE:DOV) reported its EPS in the last quarter as $1.16/Share beating the analyst estimate of $1.12/Share by a difference of $0.04. This showed a surprise of 3.6% in the last quarter earnings.
For the current quarter, 10 analysts are projecting a mean EPS of $1.53/share. According to their observations and findings, the stock could provide a high EPS of $1.57/share and a low EPS of $1.46/share.
Analysts believe that the company has the potential to earn average revenue of $2.07 Billion for the current quarter. According to their predictions high & low revenue estimates are 2.11 Billion and 2.03 Billion respectively.
By taking a look at the stock’s current statistics it can gauged that the stock candle is BEARISH with HIGH volatility. Dover Corporation (NYSE:DOV) has a 20-Day average volume of 2.2 Million. According to today’s trading volume Dover Corporation is BELOW its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.
Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BEARISH signal. The 100-Day trend also shows a BEARISH trend as well.
The company currently has an insider ownership of 0.8 Percent and Institutional ownership of 93.3 Percent. The return on assets stands at 7.3%, Return on Equity currently is 18% and the Return on Investment value is 11.4%.
Dover Corporation (NYSE:DOV) gross margin percentage stands at 37.3% while its operating margin for the past trailing twelve month is 13.2 percent and its overall profit margin (ttm) is 9.7 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 1.53% with a 50-Day Simple Moving Average of -1.09 percent. As of today, the company has a SMA200 (200-day simple moving average) of 0.02 Percent. The Stock has YTD (year to date) performance of -5.6 percent.
The TTM operating margin for the company stands at 13.2%. The return on invested capital is at 11.4%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 42.85.
The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 0.02%, and has a solid year to date (YTD) performance of -5.6% which means that the stock is constantly adding to its value from the previous fiscal year end price.