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NYSE:DOV

Dover (DOV) Stock Price, News & Analysis

$185.26
-1.06 (-0.57%)
(As of 07/26/2024 ET)
Today's Range
$184.52
$188.11
50-Day Range
$175.13
$191.55
52-Week Range
$127.25
$192.31
Volume
1.41 million shs
Average Volume
1.02 million shs
Market Capitalization
$25.46 billion
P/E Ratio
17.80
Dividend Yield
1.10%
Price Target
$192.63

Dover MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
4.0% Upside
$192.63 Price Target
Short Interest
Healthy
1.86% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.00
Upright™ Environmental Score
News Sentiment
0.28mentions of Dover in the last 14 days
Based on 45 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.12%
From $9.10 to $9.93 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.30 out of 5 stars

Industrial Products Sector

39th out of 172 stocks

Construction, Mining, & Materials Handling Machinery & Equipment Industry

1st out of 2 stocks

DOV stock logo

About Dover Stock (NYSE:DOV)

Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The company's Engineered Products segment provides various equipment, component, software, solution, and services that are used in vehicle aftermarket, waste handling, industrial automation, aerospace and defense, industrial winch and hoist, and fluid dispensing end-market. This segment offers manual and power clamp, rotary and linear mechanical indexer, conveyor, pick and place unit, glove port, and manipulator, as well as end-of-arm robotic gripper, slide, and end effector; winches, hoists, bearings, drives, and electric monitoring system; and radio frequency and microwave filters and switches, and signal intelligence solutions. Its Clean Energy & Fueling segment offers component, equipment, and software and service solution enabling safe storage and transport of fuel, cryogenic gases, and hazardous fluids, as well as operation of retail fueling and vehicle wash establishment. The company's Imaging & Identification segment provides precision marking and coding, product traceability equipment, brand protection, and digital textile printing equipment and solution, as well as related consumable, software, and service to packaged and consumer goods, pharmaceutical, manufacturing, fashion and apparel, and other end-market. Its Pumps & Process Solutions segment manufactures specialty pump, connector, flow meter, fluid connecting solution, plastics and polymer processing equipment, and engineered components for rotating and reciprocating machines. The company's Climate & Sustainability Technologies segment manufactures refrigeration system, refrigeration display case, commercial glass refrigerator and freezer door, and brazed plate heat exchanger for industrial heating and cooling, and residential climate control applications. The company was incorporated in 1947 and is headquartered in Downers Grove, Illinois.

DOV Stock Price History

DOV Stock News Headlines

Brace Yourself: Experts calling for Bitcoin to hit $100k
For the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range. But that could change soon. Very soon.
Dover Corporation (DOV) Q2 2024 Earnings Call Transcript
Dover Corp Q2 Profit Increases, Beats Estimates
Brace Yourself: Experts calling for Bitcoin to hit $100k
For the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range. But that could change soon. Very soon.
Dover (NYSE:DOV) Beats Q2 Sales Targets
Dover (NYSE:DOV) Releases FY 2024 Earnings Guidance
Dover Reports Second Quarter 2024 Results
Brokers Issue Forecasts for Dover Co.'s FY2025 Earnings (NYSE:DOV)
PSG Biotech Launches New Integral Display Transmitter
Robert W. Baird Reiterates "Outperform" Rating for Dover (NYSE:DOV)
See More Headlines
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Company Calendar

Ex-Dividend for 6/14 Dividend
5/31/2024
Dividend Payable
6/14/2024
Last Earnings
7/25/2024
Today
7/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Construction, mining, & materials handling machinery & equipment
Sub-Industry
Industrial Machinery
CUSIP
26000310
Employees
25,000
Year Founded
1955

Price Target and Rating

Average Stock Price Target
$190.75
High Stock Price Target
$208.00
Low Stock Price Target
$162.00
Potential Upside/Downside
-0.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$1.06 billion
Pretax Margin
21.09%

Debt

Sales & Book Value

Annual Sales
$8.44 billion
Cash Flow
$11.78 per share
Book Value
$36.50 per share

Miscellaneous

Free Float
135,643,000
Market Cap
$25.68 billion
Optionable
Optionable
Beta
1.22

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Should I Buy Dover Stock? DOV Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Dover Co.:

  • Dover Corporation provides a wide range of equipment, components, consumable supplies, aftermarket parts, software, and digital solutions globally, offering diversified revenue streams.
  • The company's Engineered Products segment offers innovative solutions that are used in various industries, showcasing a commitment to technological advancements and market relevance.
  • Recent developments in Dover Co. have shown a strong focus on enhancing support services, ensuring customer satisfaction and loyalty, which can lead to long-term growth and stability.
  • With a consistent track record of adapting to market trends and customer needs, Dover Co. has demonstrated resilience and agility in navigating changing business environments.
  • Investors may find Dover Co. attractive due to its current stock price, which reflects the company's potential for growth and profitability in the market.

Cons

Investors should be bearish about investing in Dover Co. for these reasons:

  • The competitive landscape in the industry where Dover Co. operates may pose challenges in maintaining market share and profitability, requiring continuous innovation and strategic positioning.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these Dover pros and cons to contact@marketbeat.com.

DOV Stock Analysis - Frequently Asked Questions

How have DOV shares performed this year?

Dover's stock was trading at $153.81 on January 1st, 2024. Since then, DOV stock has increased by 20.4% and is now trading at $185.26.
View the best growth stocks for 2024 here
.

How were Dover's earnings last quarter?

Dover Co. (NYSE:DOV) posted its quarterly earnings results on Thursday, July, 25th. The industrial products company reported $2.36 EPS for the quarter, topping analysts' consensus estimates of $2.21 by $0.15. The firm's quarterly revenue was up 3.7% on a year-over-year basis.

What is Richard J. Tobin's approval rating as Dover's CEO?

38 employees have rated Dover Chief Executive Officer Richard J. Tobin on Glassdoor.com. Richard J. Tobin has an approval rating of 80% among the company's employees.

Does Dover have any subsidiaries?

Dover subsidiaries include these companies: Malema, RegO Products, Acme Cryogenics, LIQAL, Espy, CDS Visual, Blue Bite LLC, and others.

Who are Dover's major shareholders?

Top institutional shareholders of Dover include Bank of New York Mellon Corp (0.85%), Sumitomo Mitsui Trust Holdings Inc. (0.25%), Ceredex Value Advisors LLC (0.13%) and Retirement Systems of Alabama (0.13%). Insiders that own company stock include Stephen M Todd, Brad M Cerepak, Anthony K Kosinski, David J Malinas and Richard J Tobin.
View institutional ownership trends
.

How do I buy shares of Dover?

Shares of DOV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Dover own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Dover investors own include Johnson & Johnson (JNJ), CVS Health (CVS), Chevron (CVX), Intel (INTC), Procter & Gamble (PG), PepsiCo (PEP) and AT&T (T).

This page (NYSE:DOV) was last updated on 7/26/2024 by MarketBeat.com Staff

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