Dover Corporation (NYSE:DOV)
Deutsche Bank Maintains Dover Corporation (NYSE:DOV)’s stock to Hold with the price target of $1.3. This rating was issued on 9/28/18. The stock recently closed its previous session at $83.49 by showing a percentage change of 1.53% from its previous day closing price of $82.23.
Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.
Several investment firms issued their expert ratings on Dover Corporation (NYSE:DOV) in which Bank of America Maintains Dover Corporation (NYSE:DOV) to Buy by settling a price target of $105 on 9/26/18. Stifel Nicolaus Maintains the stock to Hold on 9/12/18 by stationing a price target of $92. Citigroup Upgrades the company’s stock to Buy on 9/07/18 with no specific Price Target. BMO Capital Downgrades Dover Corporation (NYSE:DOV) to Market Perform with a price target of $90.
Dover Corporation (NYSE:DOV) currently has a consensus Price Target of $92.84. While some analysts have a High Price target for the stock of $105 and a Low Price Target of $82.
Several sell side analysts reviewed their recommendations on Dover Corporation (NYSE:DOV) where 4 analyst have rated the stock as Strong Buy, 2 analysts said it’s a Buy, 12 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)
Zacks Investment Research also rated the stock with a value of 2.37. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.
In the last Quarter, Dover Corporation (NYSE:DOV) reported its Actual EPS of $1.3/share. The analysts offering Earnings Estimates for the company were believing that Dover Corporation (NYSE:DOV) could bring EPS of $1.21/share. The difference between Actual EPS and Estimated EPS was 0.09 Percent. Thus the company showed an Earnings Surprise of 7.4 Percent.
Dover Corporation (NYSE:DOV) has a market capitalization of 12.33 Billion. The stock traded with the volume of 3.27 Million shares in the last trading session. The stock touched its high share price of $90.26 on 09/21/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 04/27/18 as $70.06. The company has a 1 Year high price target of $91.88. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -3.43%. The Moving Average SMA50 is -2.58% while SMA200 is 3.62%.
Dover Corporation (NYSE:DOV) is currently showing its ROA (Return on Assets) of 7.4%. The Return on Investment (ROI) is at 11.4% while it’s Return on Equity (ROE) value stands at 18.7%. The stock currently shows its YTD (Year to Date) performance of 2.42 percent while its Weekly performance value is 2.64%. The Monthly and Yearly performances are -5.56 percent and 10.54 percent respectively. The Relative Volume value measured for Dover Corporation (NYSE:DOV) is 1.97. The Average Volume (3 months) is 1.66 Million.
The stock currently has its Annual Dividend of $1.92 and an annual Dividend Yield of 2.3 Percent. DOV has P/E (Price to Earnings ttm) value of 18.69, Forward P/E of 14.94, P/C (Price to cash per share) of 50.27 and Price to Free Cash Flow (P/FCF) value of 33.48. The stock is showing its Operating Margin of 13.3 percent.
Dover is a diversified global manufacturer. They deliver innovative equipment and components, specialty systems and support services through four major operating segments: Energy, Engineered Systems, Fluids & Refrigeration & Food Equipment. Dover combines global scale with operational agility to lead the markets they serve. Recognized for their entrepreneurial approach for over 60 years, their team of over 29,000 employees takes an ownership mindset, collaborating with customers to redefine what’s possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under DOV.