Dover Stock Analysis

DOV
 Stock
  

USD 143.49  1.00  0.70%   

The modest gains experienced by current holders of Dover could raise concerns from sophisticated investors as the firm is trading at a share price of 143.49 on 679,034 in volume. The company management teams have been quite successful in maneuvering the stock at opportune times to take advantage of all market conditions in November. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.87. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
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The Dover stock analysis report makes it easy to digest most publicly released information about Dover and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Dover Stock analysis module also helps to analyze the Dover price relationship with some important fundamental indicators such as market cap and management efficiency.

Dover Stock Analysis Notes

About 95.0% of the company shares are held by institutions such as insurance companies. The book value of Dover was currently reported as 28.44. The company has Price/Earnings To Growth (PEG) ratio of 1.2. Dover recorded earning per share (EPS) of 8.05. The entity last dividend was issued on the 29th of November 2022. The firm had 1238:1000 split on the 9th of May 2018. 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. It employs 25000 people. To learn more about Dover call Robert Livingston at 630 541 1540 or check out https://www.dovercorporation.com.

Dover Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Dover's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Dover or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Over 95.0% of the company shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Acquisition by Stephen Wagner of 1161 shares of Dover subject to Rule 16b-3

Dover Upcoming and Recent Events

Earnings reports are used by Dover to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Dover previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report27th of January 2022
Next Financial Report19th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End27th of January 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Dover Largest EPS Surprises

Earnings surprises can significantly impact Dover's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2002-01-20
2001-12-310.160.180.0212 
2003-01-26
2002-12-310.30.27-0.0310 
2002-04-14
2002-03-310.250.22-0.0312 
View All Earnings Estimates

Dover SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Dover prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Dover investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Dover specific information freely available to individual and institutional investors to make a timely investment decision.
1st of September 2022
Other Events
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31st of August 2022
Other Events
View
21st of July 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
View
30th of June 2022
Financial Statements and Exhibits. Regulation FD Disclosure
View
9th of May 2022
Submission of Matters to a Vote of Security Holders
View
21st of April 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
View
9th of February 2022
Unclassified Corporate Event
View

Dover Thematic Classifications

In addition to having Dover stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
ESG Investing
Companies that promote environmental, social, and governance factors during their day-to-day operations

Dover Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Dover is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Dover backward and forwards among themselves. Dover's institutional investor refers to the entity that pools money to purchase Dover's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Zweig Advisers LlcCommon Shares124 K12 M
Zweig Advisers LlcCommon Shares129 K10 M
Zurich Insurance Group LtdCommon Shares7.5 K874 K
Zurich Insurance Group LtdCommon Shares7.5 K910 K
Zurich Insurance Group LtdCommon Shares12.9 K1.9 M
Zurich Insurance Group LtdCommon Shares12.9 K1.8 M
Zurich Insurance Group LtdCommon Shares12.9 K1.6 M
Note, although Dover's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Dover Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 20 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 these looking for more risk prefer small-cap and mid-cap equities.

Dover Profitablity

Dover's profitability indicators refer to fundamental financial ratios that showcase Dover's ability to generate income relative to its revenue or operating costs. If, let's say, Dover is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Dover's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Dover's profitability requires more research than a typical breakdown of Dover's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.14 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.16 %, which entails that for every 100 dollars of revenue, it generated 0.0 of operating income.
Last ReportedProjected for 2022
Return on Investment 18.70  18.72 
Return on Average Assets 11.49  10.87 
Return on Average Equity 29.67  23.88 
Return on Invested Capital 0.30  0.25 
Return on Sales 0.19  0.17 

Management Efficiency

The entity has Return on Asset of 0.0818 % which means that on every $100 spent on asset, it made $0.0818 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 0.2955 %, implying that it generated $0.2955 on every 100 dollars invested. Dover management efficiency ratios could be used to measure how well dover manages its routine affairs as well as how well it operates its assets and liabilities. Return on Investment is likely to climb to 18.72 in 2022, whereas Return on Average Assets are likely to drop 10.87 in 2022. Dover Total Assets are fairly stable at the moment as compared to the past year. Dover reported Total Assets of 10.4 Billion in 2021. Current Assets is likely to climb to about 3.3 B in 2022, whereas Tax Assets are likely to drop slightly above 65.4 M in 2022.
Last ReportedProjected for 2022
Book Value per Share 29.11  25.86 
Enterprise Value over EBIT 19.00  18.79 
Enterprise Value over EBITDA 15.84  15.30 
Price to Book Value 6.24  5.44 
Tangible Assets Book Value per Share 31.16  32.54 
Enterprise Value28.5 B24.7 B
Tangible Asset Value4.5 B4.2 B

Technical Drivers

As of the 3rd of December, Dover shows the Coefficient Of Variation of 810.81, mean deviation of 1.47, and Downside Deviation of 1.61. Dover technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Dover, which can be compared to its rivals. Please confirm Dover information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Dover is priced favorably, providing market reflects its regular price of 143.49 per share. Given that Dover has jensen alpha of 0.1209, we urge you to verify Dover's prevailing market performance to make sure the company can sustain itself at a future point.

Dover Price Movement Analysis

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. Dover Triple Exponential Moving Average indicator shows smoothing effect of Dover price series composite of a single exponential moving average, a double exponential moving average and a triple exponential moving average.
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Dover Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Dover insiders, such as employees or executives, is commonly permitted as long as it does not rely on Dover's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Dover insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Dover Outstanding Bonds

Dover issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Dover uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Dover bonds can be classified according to their maturity, which is the date when Dover has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Dover Predictive Daily Indicators

Dover intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Dover stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Dover Forecast Models

Dover time-series forecasting models is one of many Dover's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Dover's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Dover Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Dover prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Dover shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Dover. By using and applying Dover Stock analysis, traders can create a robust methodology for identifying Dover entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 16.21  16.66 
EBITDA Margin 20.87  20.72 
Gross Margin 37.56  41.47 
Profit Margin 14.21  11.87 

Current Dover Analysis - Recommendations

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 PriceAdvice# of Analysts
186.27Buy11Odds
Dover current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Dover analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Dover stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Dover, talking to its executives and customers, or listening to Dover conference calls.
Dover Analyst Advice Details

Dover Stock Analysis Indicators

Dover stock analysis indicators help investors evaluate how Dover stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Dover shares will generate the highest return on investment. By understating and applying Dover stock analysis, traders can identify Dover position entry and exit signals to maximize returns.
Begin Period Cash Flow513075000.00
Logo U R LimglogosUSDov.png
Common Stock Shares Outstanding145440000.00
Total Stockholder Equity4189528000.00
DescriptionDover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The Engineered Product
Total Cashflows From Investing Activities-992753000.00
Tax Provision277008000.00
Quarterly Earnings Growth Y O Y0.105
Property Plant And Equipment Net957310000.00
Retained Earnings9445245000.00
Cash And Short Term Investments385504000.00
Retained Earnings Total Equity9445245000.00
Cash385504000.00
CodeDOV
Accounts Payable1073568000.00
Net Debt2738912000.00
50 Day M A128.7622
Total Current Liabilities105702000.00
Currency CodeUSD
Other Operating Expenses6625573000.00
Non Current Assets Total7820698000.00
Forward Price Earnings15.4321
Common Stock Total Equity259457000.00
Non Currrent Assets Other466264000.00
Continue to Investing Opportunities. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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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 YOY
0.11
Market Capitalization
20 B
Quarterly Revenue Growth YOY
0.069
Return On Assets
0.0818
Return On Equity
0.3
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 Dover value 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.