Dover Stock Buy Hold or Sell Recommendation

DOV
 Stock
  

USD 122.41  1.09  0.90%   

Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Dover Corp is 'Strong Hold'. Macroaxis provides Dover Corp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding DOV positions. The advice algorithm takes into account all of Dover Corp's available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from Dover Corp's buy-and-hold perspective. Continue to Dover Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Dover and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Dover Corp.

Execute Dover Corp Buy or Sell Advice

The Dover recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Dover Corp. Macroaxis does not own or have any residual interests in Dover Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Dover Corp's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Dover CorpBuy Dover Corp
Strong Hold

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

UndervaluedDetails

Odds of Distress

Below AverageDetails

Economic Sensitivity

Almost mirrors the marketDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Dover Corp has a Risk Adjusted Performance of (0.29), Jensen Alpha of (0.22), Total Risk Alpha of (0.15) and Treynor Ratio of (0.40)
Macroaxis provides advice on Dover Corp to complement and cross-verify current analyst consensus on Dover Corp. Our investment recommendation engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Dover Corp is not overpriced, please confirm all Dover Corp fundamentals, including its gross profit, short ratio, current liabilities, as well as the relationship between the total debt and market capitalization . Given that Dover Corp has a price to earning of 18.99 X, we urge you to verify Dover Corp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Dover Corp Trading Alerts and Improvement Suggestions

Dover Corp generated a negative expected return over the last 90 days
Dover Corp was previously known as DOVER CORP and was traded on New York Stock Exchange under the symbol DOV.
Over 94.0% of the company shares are held by institutions such as insurance companies

Dover Corp current analysts advice

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 Mean Price174.73
Target Median Price175.00
Target High Price205.00
Recommendation Mean2.20
Number Of Analyst Opinions15
Target Low Price155.00
Average Consensus Buy
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Dover Corp Returns Distribution Density

The distribution of Dover Corp's historical returns is an attempt to chart the future uncertainty of Dover Corp's future price movements. The chart of the probability distribution of Dover Corp stock daily returns describes the distribution of returns around its average expected value. We use Dover Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Dover Corp returns is essential to provide solid investment advice for Dover Corp stock.
Mean Return-0.41Value At Risk-3.47
Potential Upside2.53Standard Deviation1.95
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Dover Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Dover Corp Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure(158.29 M)(165.09 M)(182.64 M)(158.49 M)(164.4 M)(177.37 M)
Depreciation Amortization and Accretion283.28 M282.58 M272.29 M279.05 M290.12 M315.31 M
Net Cash Flow or Change in Cash and Cash Equivalents404.82 M(357.74 M)1.03 M115.82 M(127.57 M)(137.64 M)
Net Cash Flow Business Acquisitions and Disposals345.48 M(64.62 M)(191.47 M)(320.39 M)(837.09 M)(903.18 M)
Issuance Purchase of Equity Shares(105.02 M)(894.98 M)(143.28 M)(106.28 M)(21.64 M)(23.35 M)
Issuance Repayment of Debt Securities(182.6 M)(360.72 M)(93.29 M)(84.7 M)105 M105.02 M
Payment of Dividends and Other Cash Distributions(283.96 M)(283.57 M)(282.2 M)(284.31 M)(286.9 M)(309.55 M)
Net Cash Flow from Financing(594.14 M)(897.84 M)(558.04 M)(506.29 M)(249.88 M)(269.61 M)
Net Cash Flow from Investing161.85 M(269.19 M)(384.25 M)(481.38 M)(992.75 M)(1.07 B)
Net Cash Flow from Operations835.63 M798.63 M945.31 M1.1 B1.12 B1.01 B
Effect of Exchange Rate Changes on Cash1.47 M10.64 M(1.98 M)(1.32 M)(803 K)(866.39 K)
Share Based Compensation24.07 M23.7 M29.7 M25.03 M31.11 M27.9 M

Dover Corp Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Dover Corp or Industrials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Dover Corp stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Dover stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.22
β
Beta against DOW1.03
σ
Overall volatility
1.97
Ir
Information ratio -0.12

Dover Corp Volatility Alert

Dover Corp exhibits very low volatility with skewness of -0.69 and kurtosis of 1.71. However, we advise investors to further study Dover Corp technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Dover Corp's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Dover Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Dover Corp Implied Volatility

Dover Corp's implied volatility exposes the market's sentiment of Dover Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Dover Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Dover Corp stock will not fluctuate a lot when Dover Corp's options are near their expiration.

Dover Corp Fundamentals Vs Peers

Comparing Dover Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Dover Corp's direct or indirect competition across all of the common fundamentals between Dover Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Dover Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Dover Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Dover Corp by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Dover Corp to competition
FundamentalsDover CorpPeer Average
Return On Equity28.54 %(0.31) %
Return On Asset8.23 %(0.14) %
Profit Margin13.81 %(1.27) %
Operating Margin19.74 %(5.51) %
Current Valuation22.02 B16.62 B
Shares Outstanding143.98 M571.82 M
Shares Owned by Insiders1.11 %10.09 %
Shares Owned by Institutions94.46 %39.21 %
Number of Shares Shorted2.01 M4.71 M
Price to Earning18.99 X28.72 X
Price to Book4.56 X9.51 X
Price to Sales2.19 X11.42 X
Revenue8.09 B9.43 B
Gross Profit2.98 B27.38 B
EBITDA1.6 B3.9 B
Net Income1.12 B570.98 M
Cash and Equivalents289.98 M2.7 B
Cash per Share2.01 X5.01 X
Total Debt3.1 B5.32 B
Debt to Equity0.71 %48.70 %
Current Ratio1.44 X2.16 X
Book Value Per Share27.03 X1.93 K
Cash Flow from Operations962.36 M971.22 M
Short Ratio1.83 X4.00 X
Earnings Per Share6.49 X3.12 X
Price to Earnings To Growth1.19 X4.89 X
Number of Employees25 K18.84 K
Beta1.38-0.15
Market Capitalization17.74 B19.03 B
Total Asset8.61 B29.47 B
Retained Earnings8.55 B9.33 B
Working Capital1.05 B1.48 B
Current Asset2.42 B9.34 B
   Dover Corp exotic insider transaction detected [view details]

About Dover Corp Buy or Sell Advice

When is the right time to buy or sell Dover Corp? Buying financial instruments such as Dover Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Dover Corp investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2019 2020 2021 2022 (projected)
Receivables1.22 B1.14 B1.35 B1.23 B
Inventories806.14 M835.8 M1.19 B988.82 M

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In addition to having Dover Corp in your portfolios, you can quickly 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 investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Software Theme or any other thematic opportunities.
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Continue to Dover Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Dover Corp information on this page should be used as a complementary analysis to other Dover Corp's 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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Is Dover Corp'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 Corp. 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 Corp 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 YOY
-0.031
Market Capitalization
17.5 B
Quarterly Revenue Growth YOY
0.099
Return On Assets
0.0823
Return On Equity
0.29
The market value of Dover Corp 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 Corp's value that differs from its market value or its book value, called intrinsic value, which is Dover Corp'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 Corp's market value can be influenced by many factors that don't directly affect Dover Corp'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 Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Dover Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dover Corp'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.