A look at Dover Corp.’s (DOV) recent performance gives investors their first glimpse of hope.

On Tuesday, Dover Corp. (NYSE: DOV) was -0.32% drop from the session before settling in for the closing price of $192.46. A 52-week range for DOV has been $127.25 – $195.68.

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

Industrials Sector giant saw their annual sales surged by 4.16% over the last five years. When this article was written, the company’s average yearly earnings per share was at -7.15%. With a float of $136.55 million, this company’s outstanding shares have now reached $139.90 million.

The firm has a total of 25000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 37.64%, operating margin of 16.5%, and the pretax margin is 22.34%.

Dover Corp. (DOV) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Dover Corp. stocks. The insider ownership of Dover Corp. is 0.47%, while institutional ownership is 86.72%. The most recent insider transaction that took place on Sep 06 ’24, was worth 2,593,150. In this transaction Senior VP & CFO of this company sold 14,818 shares at a rate of $175.00, taking the stock ownership to the 12,324 shares. Before that another transaction happened on Sep 06 ’24, when Company’s Officer proposed sale 14,818 for $173.99, making the entire transaction worth $2,578,247.

Dover Corp. (DOV) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 2.45 earnings per share (EPS) during the time that was better than consensus figure (set at 2.42) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.06 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -7.15% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.17% 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 1.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.15. Likewise, its price to free cash flow for the trailing twelve months is 26.57.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.17, a number that is poised to hit 2.10 in the next quarter and is forecasted to reach 9.41 in one year’s time.

Technical Analysis of Dover Corp. (DOV)

Analysing the last 5-days average volume posted by the [Dover Corp., DOV], we can find that recorded value of 1.42 million was better than the volume posted last year of 0.98 million. As of the previous 9 days, the stock’s Stochastic %D was 58.56%. Additionally, its Average True Range was 3.64.

During the past 100 days, Dover Corp.’s (DOV) raw stochastic average was set at 84.11%, which indicates a significant increase from 69.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.90% in the past 14 days, which was higher than the 23.30% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $187.13, while its 200-day Moving Average is $177.14. Now, the first resistance to watch is $192.98. This is followed by the second major resistance level at $194.13. The third major resistance level sits at $196.07. If the price goes on to break the first support level at $189.89, it is likely to go to the next support level at $187.95. Should the price break the second support level, the third support level stands at $186.80.

Dover Corp. (NYSE: DOV) Key Stats

There are 137,192K outstanding shares of the company, which has a market capitalization of 26.32 billion. As of now, sales total 8,438 M while income totals 1,057 M. Its latest quarter income was 1,984 M while its last quarter net income were 347,100 K.