Dover Stock Today

DOV
 Stock
  

USD 121.26  0.52  0.43%   

Market Performance
0 of 100
Odds Of Distress
Less than 30
Dover Corp is selling for under 121.26 as of the 29th of June 2022; that is -0.43 percent decrease since the beginning of the trading day. The stock's lowest day price was 119.27. Dover Corp has about a 30 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Dover Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of July 2020 and ending today, the 29th of June 2022. Click here to learn more.
CUSIP
260003108
Fiscal Year End
December
Business Domain
Capital Goods
IPO Date
1st of July 1985
Category
Industrials
Classification
Industrials
ISIN
US2600031080
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. The company has 143.98 M outstanding shares of which 2.01 M shares are currently shorted by investors with about 1.83 days to cover. More on Dover Corp

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Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Dover Corp Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Dover Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Dover Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
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
Latest headline from www.marketscreener.com: OPW Launches Legend By Belanger Product Brand for Tunnel Car Washes - Marketscreener.com
ESG SustainabilitySome studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Dover Corp's sustainability indicators can be used to identify a proper investment strutegies using environmental, social, and governance scores that are crucial to Dover Corp's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
Older SymbolDOV
CEO and President and DirectorRobert Livingston
Thematic IdeaESG Investing (view all)
Fama & French Classification
Average Analyst Recommendation
Analysts covering Dover Corp report their recommendations after researching Dover Corp's financial statements, talking to executives and customers, or listening in on Dover Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Dover Corp. The Dover consensus assessment is calculated by taking the average forecast from all of the analysts covering Dover Corp.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Dover Corp 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 Corp 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 Shares142.9 M143.9 M
Slightly Down
Decreasing
Slightly volatile
Weighted Average Shares Diluted143.6 M145.3 M
Fairly Down
Decreasing
Slightly volatile
Net Cash Flow from OperationsB1.1 B
Moderately Down
Decreasing
Stable
Total Assets9.5 B10.4 B
Significantly Down
Decreasing
Stable
Total Liabilities6.5 B6.2 B
Sufficiently Up
Increasing
Slightly volatile
Current Assets2.8 B3.1 B
Moderately Down
Decreasing
Slightly volatile
Current Liabilities2.2 B2.3 B
Fairly Down
Increasing
Slightly volatile
Total Debt3.4 B3.1 B
Significantly Up
Increasing
Slightly volatile
Return on Average Assets0.09590.115
Fairly Down
Decreasing
Very volatile
Gross Margin0.360.376
Sufficiently Down
Decreasing
Slightly volatile
Asset Turnover0.860.807
Notably Up
Increasing
Stable
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 Corp's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Financial Strength
Dover Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Dover Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Dover Corp's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Dover Corp's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
N/A ( Average Bond Rating ) Not Rated
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 Corp's financial leverage. It provides some insight into what part of Dover Corp's 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 Corp's 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 Corp deploys its capital and how much of that capital is borrowed.
Liquidity
Dover Corp 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 3.1 B in debt with debt to equity (D/E) ratio of 0.71, which is OK given its current industry classification. Dover Corp has a current ratio of 1.41, which is typical for the industry and considered as normal. Debt can assist Dover Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Dover Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Dover Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Dover to invest in growth at high rates of return. When we think about Dover Corp's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

1.01 BillionShare
Dover Corp (DOV) is traded on New York Stock Exchange in USA. It is located in 3005 Highland Parkway, Downers Grove, IL 60515, United States and employs 25,000 people. Dover Corp was previously known as DOVER CORP and was traded on New York Stock Exchange under the symbol DOV. Dover Corp is listed under Machinery category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with total capitalization of 17.74 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Dover Corp's market, we take the total number of its shares issued and multiply it by Dover Corp'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 Corp runs under Industrials sector within Specialty Industrial Machinery industry. The entity has 143.98 M outstanding shares of which 2.01 M shares are currently shorted by investors with about 1.83 days to cover. Dover Corp has about 289.98 M in cash with 962.36 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.01.
Check Dover Corp Probability Of Bankruptcy
Ownership
Dover Corp retains a total of 143.98 Million outstanding shares. The majority of Dover Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Dover Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Dover Corp. Please pay attention to any change in the institutional holdings of Dover Corp as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Dover Ownership Details

Dover Stock Price Odds Analysis

What are Dover Corp's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Dover Corp jumping above the current price in 90 days from now is about 91.1%. The Dover Corp probability density function shows the probability of Dover Corp stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.0581 suggesting Dover Corp market returns are correlated to returns on the market. As the market goes up or down, Dover Corp is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Dover Corp is significantly underperforming DOW.
  Odds Below 121.26HorizonTargetOdds Above 121.26
8.84%90 days
 121.26 
91.10%
Based on a normal probability distribution, the odds of Dover Corp to move above the current price in 90 days from now is about 91.1 (This Dover Corp probability density function shows the probability of Dover Stock to fall within a particular range of prices over 90 days) .

Dover Corp Historical Income Statement

Dover Corp 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 Corp revenue and expense. Dover Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Dover Corp Direct Expenses is fairly stable at the moment as compared to the past year. Dover Corp reported Direct Expenses of 4.94 Billion in 2021. Cost of Revenue is likely to climb to about 5.1 B in 2022, whereas Earning Before Interest and Taxes EBIT is likely to drop slightly above 1.3 B in 2022. View More Fundamentals

Dover Stock Against Markets

Picking the right benchmark for Dover Corp 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 Corp 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 Corp is critical whether you are bullish or bearish towards Dover Corp 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 Corp 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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Dover Corp Corporate Directors

Dover Corp corporate directors refer to members of a Dover Corp board of directors. The board of directors generally takes responsibility for the Dover Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Dover Corp's board members must vote for the resolution. The Dover Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
JeanPierre Ergas - Independent DirectorProfile
Bernard Rethore - Independent DirectorProfile
Keith Wandell - Independent DirectorProfile
Kristiane Graham - Independent DirectorProfile

Investing Dover Corp

You need to understand the risk of investing before taking a position in Dover Corp. The danger of trading Dover Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Dover Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Dover Corp. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Dover Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Investing Opportunities. 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Dover Corp price analysis, check to measure Dover Corp's 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 Corp is operating at the current time. Most of Dover Corp's value examination focuses on studying past and present price action to predict the probability of Dover Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Dover Corp's price. Additionally, you may evaluate how the addition of Dover Corp to your portfolios can decrease your overall portfolio volatility.
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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.