$882.95K in average volume shows that Dover Corp (DOV) is heading in the right direction

Dover Corp (NYSE: DOV) kicked off on Tuesday, down -0.90% from the previous trading day, before settling in for the closing price of $200.53. Over the past 52 weeks, DOV has traded in a range of $136.50-$204.93.

Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 4.16%. While this was happening, its average annual earnings per share was recorded -7.13%. With a float of $136.54 million, this company’s outstanding shares have now reached $139.90 million.

Considering the fact that the conglomerate employs 25000 people, you should pay attention to its efficiency factor. 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

Our next focus will be how large-scale investors are participating in this stock of the Specialty Industrial Machinery Industry. The insider ownership of Dover Corp is 0.47%, while institutional ownership is 86.51%. The most recent insider transaction that took place on Nov 11 ’24, was worth 510,775. In this transaction SVP, General Counsel & Secr. of this company sold 2,500 shares at a rate of $204.31, taking the stock ownership to the 56,579 shares. Before that another transaction happened on Nov 11 ’24, when Company’s Officer proposed sale 2,500 for $204.25, making the entire transaction worth $510,636.

Dover Corp (DOV) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -7.13% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.23% during the next five years compared to 14.92% growth over the previous five years of trading.

Dover Corp (NYSE: DOV) Trading Performance Indicators

Take a look at Dover Corp’s (DOV) current performance indicators. Last quarter, stock had a quick ratio of 1.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.26. Likewise, its price to free cash flow for the trailing twelve months is 27.52.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.17, a number that is poised to hit 2.08 in the next quarter and is forecasted to reach 9.41 in one year’s time.

Technical Analysis of Dover Corp (DOV)

Compared to the last year’s volume of 0.96 million, its volume of 0.62 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 34.91%. Additionally, its Average True Range was 3.52.

During the past 100 days, Dover Corp’s (DOV) raw stochastic average was set at 81.43%, which indicates a significant increase from 62.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.69% in the past 14 days, which was higher than the 24.06% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $192.32, while its 200-day Moving Average is $180.70. Nevertheless, the first resistance level for the watch stands at $199.54 in the near term. At $200.34, the stock is likely to face the second major resistance level. The third major resistance level sits at $201.47. If the price goes on to break the first support level at $197.60, it is likely to go to the next support level at $196.47. Should the price break the second support level, the third support level stands at $195.67.

Dover Corp (NYSE: DOV) Key Stats

The company with the Market Capitalisation of 27.26 billion has total of 137,192K Shares Outstanding. Its annual sales at the moment are 8,438 M in contrast with the sum of 1,057 M annual income. Company’s last quarter sales were recorded 1,984 M and last quarter income was 347,100 K.