Dover Corp. [DOV] stock prices are down -0.14% to $184.26 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DOV shares have gain 4.50% over the last week, with a monthly amount glided 4.11%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Dover Corp. [NYSE: DOV] stock has seen the most recent analyst activity on February 05, 2024, when Seaport Research Partners upgraded its rating to a Buy but kept the price target unchanged to $190 for it. Previously, Credit Suisse started tracking the stock with Outperform rating on December 13, 2022, and set its price target to $171. On April 08, 2022, downgrade downgraded it’s rating to Equal Weight and revised its price target to $160 on the stock. Oppenheimer upgraded its rating to a Outperform but stick to its price target of $205 on January 07, 2022. Wells Fargo upgraded its rating to a Equal Weight and raised its price target to $184 on December 20, 2021. Mizuho started tracking with a Buy rating for this stock on December 17, 2021, and assigned it a price target of $195. In a note dated October 08, 2021, Wells Fargo initiated an Underweight rating and provided a target price of $152 on this stock.
The stock price of Dover Corp. [DOV] has been fluctuating between $127.25 and $192.31 over the past year. Currently, Wall Street analysts expect the stock to reach $175.22 within the next 12 months. Dover Corp. [NYSE: DOV] shares were valued at $184.26 at the most recent close of the market. An investor can expect a potential drop of -4.91% based on the average DOV price forecast.
Analyzing the DOV fundamentals
The Dover Corp. [NYSE:DOV] reported sales of 8.53B for trailing twelve months, representing a surge of 3.72%. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.29 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.59.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 183.13 points at the first support level, and at 182.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 186.06, and for the 2nd resistance point, it is at 187.87.
Ratios To Look Out For
It’s worth pointing out that Dover Corp. [NYSE:DOV]’s Current Ratio is 1.53. Also, the Quick Ratio is 0.95, while the Cash Ratio stands at 0.15. Considering the valuation of this stock, the price to sales ratio is 2.97, the price to book ratio is 4.72 and price to earnings (TTM) ratio is 17.18.
Transactions by insiders
Recent insider trading involved Cerepak Brad M, Officer, that happened on Jul 31 ’24 when 4341.0 shares were purchased. Senior VP & CFO, Cerepak Brad M completed a deal on Mar 13 ’24 to sell 6000.0 shares. Meanwhile, Director Todd Stephen M. sold 1500.0 shares on Mar 07 ’24.
