Dover (DOV) Competitors

$171.42
-0.87 (-0.50%)
(As of 04/24/2024 ET)

DOV vs. AXON, TS, HUBB, IEX, AVY, PKG, XYL, CNHI, NDSN, and GGG

Should you be buying Dover stock or one of its competitors? The main competitors of Dover include Axon Enterprise (AXON), Tenaris (TS), Hubbell (HUBB), IDEX (IEX), Avery Dennison (AVY), Packaging Co. of America (PKG), Xylem (XYL), CNH Industrial (CNHI), Nordson (NDSN), and Graco (GGG). These companies are all part of the "industrial products" sector.

Dover vs.

Dover (NYSE:DOV) and Axon Enterprise (NASDAQ:AXON) are both large-cap industrial products companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, media sentiment, community ranking, earnings, analyst recommendations, valuation, risk, dividends and institutional ownership.

Dover received 300 more outperform votes than Axon Enterprise when rated by MarketBeat users. However, 63.93% of users gave Axon Enterprise an outperform vote while only 61.57% of users gave Dover an outperform vote.

CompanyUnderperformOutperform
DoverOutperform Votes
729
61.57%
Underperform Votes
455
38.43%
Axon EnterpriseOutperform Votes
429
63.93%
Underperform Votes
242
36.07%

Dover has a net margin of 12.52% compared to Axon Enterprise's net margin of 11.14%. Dover's return on equity of 25.95% beat Axon Enterprise's return on equity.

Company Net Margins Return on Equity Return on Assets
Dover12.52% 25.95% 11.29%
Axon Enterprise 11.14%14.11%6.61%

Dover has higher revenue and earnings than Axon Enterprise. Dover is trading at a lower price-to-earnings ratio than Axon Enterprise, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Dover$8.44B2.79$1.06B$7.5222.80
Axon Enterprise$1.56B14.60$174.23M$2.30131.48

84.5% of Dover shares are held by institutional investors. Comparatively, 79.1% of Axon Enterprise shares are held by institutional investors. 1.3% of Dover shares are held by company insiders. Comparatively, 5.7% of Axon Enterprise shares are held by company 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.

Dover presently has a consensus price target of $175.13, indicating a potential upside of 2.16%. Axon Enterprise has a consensus price target of $312.64, indicating a potential upside of 3.38%. Given Axon Enterprise's stronger consensus rating and higher possible upside, analysts clearly believe Axon Enterprise is more favorable than Dover.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Dover
0 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.67
Axon Enterprise
0 Sell rating(s)
1 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.91

In the previous week, Dover had 34 more articles in the media than Axon Enterprise. MarketBeat recorded 49 mentions for Dover and 15 mentions for Axon Enterprise. Axon Enterprise's average media sentiment score of 0.54 beat Dover's score of -0.04 indicating that Axon Enterprise is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Dover
6 Very Positive mention(s)
4 Positive mention(s)
16 Neutral mention(s)
8 Negative mention(s)
5 Very Negative mention(s)
Neutral
Axon Enterprise
4 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Dover has a beta of 1.27, indicating that its share price is 27% more volatile than the S&P 500. Comparatively, Axon Enterprise has a beta of 0.93, indicating that its share price is 7% less volatile than the S&P 500.

Summary

Dover beats Axon Enterprise on 10 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

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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DOV vs. The Competition

MetricDoverConstruction, mining, & materials handling machinery & equipment IndustryIndustrial SectorNYSE Exchange
Market Cap$23.55B$6.74B$9.41B$17.42B
Dividend Yield1.20%2.56%2.06%3.56%
P/E Ratio22.8011.5921.4425.15
Price / Sales2.791.307.9511.60
Price / Cash15.3313.2926.6617.62
Price / Book4.704.383.724.91
Net Income$1.06B$578.27M$471.33M$964.49M
7 Day Performance1.13%-4.60%1.50%2.27%
1 Month Performance-2.83%-9.41%-3.45%-2.05%
1 Year Performance15.36%-3.79%9.57%89.06%

Dover Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AXON
Axon Enterprise
2.7164 of 5 stars
$300.31
-1.0%
$312.64
+4.1%
+34.7%$22.66B$1.56B130.574,260Analyst Report
TS
Tenaris
1.2585 of 5 stars
$38.05
-0.4%
$41.27
+8.5%
+24.9%$22.46B$14.87B5.7329,134Upcoming Earnings
HUBB
Hubbell
2.6034 of 5 stars
$396.38
-1.5%
$383.57
-3.2%
+71.5%$21.26B$5.37B28.2118,317Upcoming Earnings
IEX
IDEX
4.3656 of 5 stars
$229.12
-0.6%
$238.00
+3.9%
+2.9%$17.34B$3.27B29.228,800Earnings Report
Analyst Downgrade
News Coverage
AVY
Avery Dennison
3.8289 of 5 stars
$211.11
-0.1%
$221.00
+4.7%
+18.6%$17.00B$8.36B34.0035,000Analyst Upgrade
News Coverage
Gap Up
PKG
Packaging Co. of America
4.4444 of 5 stars
$179.53
-0.5%
$171.29
-4.6%
+20.0%$16.11B$7.80B21.1714,900Earnings Report
Analyst Upgrade
XYL
Xylem
4.6484 of 5 stars
$128.02
+0.6%
$135.44
+5.8%
+25.0%$31.03B$7.36B47.072,300Upcoming Earnings
CNHI
CNH Industrial
3.5121 of 5 stars
$12.55
-1.2%
$15.20
+21.2%
-19.3%$15.76B$24.69B7.1740,220Analyst Report
NDSN
Nordson
3.75 of 5 stars
$262.66
-0.2%
$278.00
+5.8%
+19.1%$15.02B$2.63B30.727,900Positive News
GGG
Graco
3.672 of 5 stars
$89.03
-0.3%
$84.80
-4.8%
+26.6%$15.00B$2.20B30.284,000

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This page (NYSE:DOV) was last updated on 4/25/2024 by MarketBeat.com Staff

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