Dover Corp [DOV] stock is trading at $194.48, up 1.96%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DOV shares have gain 3.88% over the last week, with a monthly amount drifted -3.25%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Dover Corp [NYSE: DOV] stock has seen the most recent analyst activity on November 13, 2024, when UBS initiated its Neutral rating and assigned the stock a price target of $217. Previously, Wolfe Research upgraded its rating to Outperform on October 28, 2024, and kept the price target unchanged to $227. On February 05, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $190 on the stock. Credit Suisse started tracking the stock assigning a Outperform rating and suggested a price target of $171 on December 13, 2022. Barclays downgraded its rating to a Equal Weight and reduced its price target to $160 on April 08, 2022. Oppenheimer upgraded its rating to Outperform for this stock on January 07, 2022, but kept the price target unchanged to $205. In a note dated December 20, 2021, Wells Fargo upgraded an Equal Weight rating on this stock and boosted its target price from $165 to $184.
Dover Corp [DOV] stock has fluctuated between $143.96 and $208.26 over the past year. Currently, Wall Street analysts expect the stock to reach $211.22 within the next 12 months. Dover Corp [NYSE: DOV] shares were valued at $194.48 at the most recent close of the market. An investor can expect a potential return of 8.61% based on the average DOV price forecast.
Analyzing the DOV fundamentals
Dover Corp [NYSE:DOV] reported sales of 8.36B for the trailing twelve months, which represents a drop of -7.88%. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.29 and Total Capital is 0.14. 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 191.46 points at the first support level, and at 188.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 196.08, and for the 2nd resistance point, it is at 197.69.
Ratios To Look Out For
For context, Dover Corp’s Current Ratio is 1.57. In addition, the Quick Ratio stands at 1.06 and the Cash Ratio stands at 0.16. Considering the valuation of this stock, the price to sales ratio is 3.19, the price to book ratio is 4.68 and price to earnings (TTM) ratio is 17.40.
Transactions by insiders
Recent insider trading involved Cabrera Ivonne M, SVP, General Counsel & Secr., that happened on Nov 11 ’24 when 2500.0 shares were sold. Officer, Cabrera Ivonne M completed a deal on Nov 11 ’24 to buy 2500.0 shares. Meanwhile, Senior VP & CDO Juneja Girish sold 1000.0 shares on Nov 07 ’24.
