DOV vs. ITW, PH, IR, XYL, IEX, SNA, GGG, PNR, NDSN, and SWK
Should you be buying Dover stock or one of its competitors? The main competitors of Dover include Illinois Tool Works (ITW), Parker-Hannifin (PH), Ingersoll Rand (IR), Xylem (XYL), IDEX (IEX), Snap-on (SNA), Graco (GGG), Pentair (PNR), Nordson (NDSN), and Stanley Black & Decker (SWK). These companies are all part of the "industrial machinery" industry.
Illinois Tool Works (NYSE:ITW) and Dover (NYSE:DOV) are both large-cap industrial products companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, risk, community ranking, media sentiment, analyst recommendations, institutional ownership, dividends, valuation and profitability.
Dover received 135 more outperform votes than Illinois Tool Works when rated by MarketBeat users. Likewise, 61.60% of users gave Dover an outperform vote while only 57.28% of users gave Illinois Tool Works an outperform vote.
Illinois Tool Works currently has a consensus target price of $257.78, indicating a potential upside of 8.25%. Dover has a consensus target price of $185.75, indicating a potential upside of 0.27%. Given Dover's higher probable upside, equities analysts clearly believe Illinois Tool Works is more favorable than Dover.
Illinois Tool Works has a beta of 1.14, indicating that its share price is 14% more volatile than the S&P 500. Comparatively, Dover has a beta of 1.25, indicating that its share price is 25% more volatile than the S&P 500.
Illinois Tool Works pays an annual dividend of $5.60 per share and has a dividend yield of 2.3%. Dover pays an annual dividend of $2.04 per share and has a dividend yield of 1.1%. Illinois Tool Works pays out 55.2% of its earnings in the form of a dividend. Dover pays out 19.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Illinois Tool Works has raised its dividend for 54 consecutive years and Dover has raised its dividend for 69 consecutive years.
79.8% of Illinois Tool Works shares are owned by institutional investors. Comparatively, 84.5% of Dover shares are owned by institutional investors. 1.3% of Illinois Tool Works shares are owned by insiders. Comparatively, 1.3% of Dover shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Illinois Tool Works has higher revenue and earnings than Dover. Dover is trading at a lower price-to-earnings ratio than Illinois Tool Works, indicating that it is currently the more affordable of the two stocks.
Illinois Tool Works has a net margin of 19.07% compared to Illinois Tool Works' net margin of 17.28%. Dover's return on equity of 97.82% beat Illinois Tool Works' return on equity.
In the previous week, Dover had 32 more articles in the media than Illinois Tool Works. MarketBeat recorded 40 mentions for Dover and 8 mentions for Illinois Tool Works. Dover's average media sentiment score of 1.23 beat Illinois Tool Works' score of 0.07 indicating that Illinois Tool Works is being referred to more favorably in the media.
Summary
Dover beats Illinois Tool Works on 11 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding DOV and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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