Dover Stock Future Price Prediction

DOV
 Stock
  

USD 123.22  4.64  3.91%   

Dover Corp stock price prediction is an act of determining the future value of Dover Corp shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Dover Corp's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Dover Corp and does not consider all of the tangible or intangible factors available from Dover Corp's fundamental data. We analyze noise-free headlines and recent hype associated with Dover Corp, which may create opportunities for some arbitrage if properly timed.
Continue to Dover Corp Basic Forecasting Models to cross-verify your projections.
  
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It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Dover Corp based on different types of headlines from major news networks to social media. The Dover stock price prediction module provides an analysis of price elasticity to changes in media outlook on Dover Corp over a specific investment horizon.
Quarterly Earnings Growth YOY
-0.031
EPS Estimate Current Year
8.48
EPS Estimate Next Year
9.26
Wall Street Target Price
169.6
EPS Estimate Current Quarter
1.83
Quarterly Revenue Growth YOY
0.099
Using Dover Corp hype-based prediction, you can estimate the value of Dover Corp from the perspective of Dover Corp response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Dover Corp using Dover Corp's options and short interest. It helps to benchmark the overall future attitude of investors towards Dover using crowd psychology based on the activity and movement of Dover Corp's stock price.
Dover Corp Net Current Assets as percentage of Total Assets are fairly stable at the moment as compared to the past year. Dover Corp reported Net Current Assets as percentage of Total Assets of 7.80 in 2021. Asset Turnover is likely to climb to 0.86 in 2022, whereas Long Term Debt to Equity is likely to drop 0.67 in 2022.

Dover Corp Implied Volatility

    
  35.8  
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.
This module is based on analyzing investor sentiment around taking a position in Dover Corp. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Dover Corp to buy its stock at a price that has no basis in reality. In that case, they are not buying Dover because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Dover Corp after-hype prediction price

    
  $ 122.25  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Dover Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Dover Corp in the context of predictive analytics.
Intrinsic
Valuation
LowReal ValueHigh
110.90141.19143.21
Details
Naive
Forecast
LowNext ValueHigh
115.63117.65119.67
Details
12 Analysts
Consensus
LowTarget PriceHigh
147.00186.27206.00
Details
Earnings
Estimates (7)
LowProjected EPSHigh
7.487.517.59
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dover Corp. Your research has to be compared to or analyzed against Dover Corp's peers to derive any actionable benefits. When done correctly, Dover Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Dover Corp.

Dover Corp After-Hype Price Prediction Density Analysis

As far as predicting the price of Dover Corp at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Dover Corp or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many smart people who confused the symmetrical distributions of stock prices, such as prices of Dover Corp, with the unreliable approximations that try to describe financial returns.
 Next price density 
      Expected price to next headline 

Dover Corp Estimiated After-Hype Price Volatility

In the context of predicting Dover Corp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Dover Corp's historical news coverage. Dover Corp's after-hype downside and upside margins for the prediction period are 120.23 and 124.27, respectively. We have considered Dover Corp's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value 123.22
120.23
Downside
122.25
After-hype Price
124.27
Upside
Dover Corp is very steady asset. Analysis and calculation of next after-hype price of Dover Corp is based on 3 months time horizon.

Dover Corp Stock Price Prediction Analysis

Have you ever been surprised when a price of a company such as Dover Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Dover Corp backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Dover Corp, there might be something going there, and it might present an excellent short sale opportunity.
Daily Expected returnPeriod VolatilityHype elasticityRelated hype elasticityAverage news densityRelated news densityNext Expected Hype
  0.37  2.02   0.97   0.12  3 Events / Month8 Events / MonthIn about 3 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
123.22122.250.79 
77.39  

Dover Corp Hype Timeline

On the 26th of June Dover Corp is traded for 123.22. The entity has historical hype elasticity of -0.97 and average elasticity to hype of competition of 0.12. Dover is estimated to decline in value after the next headline with price expected to drop to 122.25. The average volatility ofmedia hypeimpact on the company stock price is about 77.39%. The price depreciation on the next newsis expected to be -0.79% whereas the daily expected return is currently at -0.37%. The volatility of related hype on Dover Corp is about 600.0% with expected price after next announcement by competition of 123.34. About 94.0% of the company shares are held by institutions such as insurance companies. The book value of Dover Corp was currently reported as 27.03. The company has Price/Earnings To Growth (PEG) ratio of 1.19. Dover Corp recorded earning per share (EPS) of 6.49. The entity next dividend is scheduled to be issued on the 27th of May 2022. The firm had 1205:1000 split on the 9th of May 2018. Considering the 90-day investment horizon the next estimatedpress releasewill be in about 3 days.
Continue to Dover Corp Basic Forecasting Models to cross-verify your projections.

Dover Corp Related Hype Analysis

Having access to credible news sources related to Dover Corp's direct competition is more important than ever and may enhance your ability to predict Dover Corp's future price movements. Getting to know how Dover Corp rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Dover Corp may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
BBarnes Group(1.38) 12 per month 0.00 (0.11)  2.87 (4.44)  11.02 
CRCrane Holdings CO(2.03) 12 per month 0.00 (0.07)  3.86 (3.97)  9.01 
GEGeneral Electric(0.45) 8 per month 0.00 (0.14)  2.88 (4.93)  13.22 
HIHillenbrand(0.11) 8 per month 0.00  0.0141  2.83 (3.37)  9.30 
HONHoneywell International 1.94 9 per month 0.00  0.0253  2.67 (2.71)  8.35 
REMRFAtlas Salt 0.24 3 per month 4.94  0.13  13.64 (7.83)  49.47 
PGProcter Gamble 1.65 10 per month 0.00  0.05  2.54 (2.30)  8.89 
IBMInternational Business Machines 1.67 9 per month 1.39  0.19  2.47 (2.47)  11.05 
JPMJP Morgan Chase 1.50 8 per month 0.00 (0.07)  2.98 (3.00)  10.78 

Dover Corp Additional Predictive Modules

Most predictive techniques to examine Dover price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Dover using various technical indicators. When you analyze Dover charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Dover Corp Predictive Indicators

The successful prediction of Dover Corp stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Dover Corp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Dover Corp based on analysis of Dover Corp hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Dover Corp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Dover Corp's related companies.
 2019 2020 2022 (projected)
Long Term Debt to Equity0.980.920.67
Interest Coverage8.428.6111.8

Story Coverage note for Dover Corp

The number of cover stories for Dover Corp depends on current market conditions and Dover Corp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Dover Corp is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Dover Corp's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Dover Corp Short Properties

Dover Corp's future price predictability will typically decrease when Dover Corp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Dover Corp often depends not only on the future outlook of the potential Dover Corp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Dover Corp's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out1.40%
Trailing Annual Dividend Rate1.99
Short Percent Of Float1.59%
Float Shares143.49M
Average Daily Volume Last 10 Day1.03M
Shares Short Prior Month1.04M
Average Daily Volume In Three Month1M
Date Short Interest29th of April 2022
Trailing Annual Dividend Yield1.67%
Continue to Dover Corp Basic Forecasting Models to cross-verify your projections. 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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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
17.8 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.