On Tuesday, Dover Corp. (NYSE: DOV) was -0.02% drop from the session before settling in for the closing price of $176.99. A 52-week range for DOV has been $127.25 – $188.64.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Industrials sector has jumped its sales by 4.16% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 3.37%. With a float of $136.75 million, this company’s outstanding shares have now reached $139.90 million.
In an organization with 25000 employees, it is important to assess its efficiency.
Dover Corp. (DOV) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Dover Corp. stocks. The insider ownership of Dover Corp. is 0.50%, while institutional ownership is 87.95%. The most recent insider transaction that took place on Mar 13 ’24, was worth 1,060,260. In this transaction Senior VP & CFO of this company sold 6,000 shares at a rate of $176.71, taking the stock ownership to the 17,909 shares. Before that another transaction happened on Mar 07 ’24, when Company’s Director sold 1,500 for $171.19, making the entire transaction worth $256,785. This insider now owns 22,955 shares in total.
Dover Corp. (DOV) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 3/31/2024, it has been observed that the corporation posted 2.05 earnings per share (EPS) during the time that was less than consensus figure (set at 2.2) by -0.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.47 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 3.37% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.70% during the next five years compared to 14.92% growth over the previous five years of trading.
Dover Corp. (NYSE: DOV) Trading Performance Indicators
You can see what Dover Corp. (DOV) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.88. Likewise, its price to free cash flow for the trailing twelve months is 22.67.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.41, a number that is poised to hit 2.20 in the next quarter and is forecasted to reach 9.95 in one year’s time.
Technical Analysis of Dover Corp. (DOV)
Let’s dig in a bit further. During the last 5-days, its volume was 1.0 million. That was inferior than the volume of 1.01 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 17.64%. Additionally, its Average True Range was 3.16.
During the past 100 days, Dover Corp.’s (DOV) raw stochastic average was set at 61.64%, which indicates a significant increase from 18.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.96% in the past 14 days, which was higher than the 16.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $180.80, while its 200-day Moving Average is $159.23. However, in the short run, Dover Corp.’s stock first resistance to watch stands at $177.61. Second resistance stands at $178.25. The third major resistance level sits at $178.91. If the price goes on to break the first support level at $176.31, it is likely to go to the next support level at $175.65. Assuming the price breaks the second support level, the third support level stands at $175.01.
Dover Corp. (NYSE: DOV) Key Stats
There are 137,430K outstanding shares of the company, which has a market capitalization of 24.32 billion. As of now, sales total 8,438 M while income totals 1,057 M. Its latest quarter income was 2,094 M while its last quarter net income were 632,220 K.
