Dover Corp (NYSE: DOV) on Tuesday, plunged -0.21% from the previous trading day, before settling in for the closing price of $201.74. Within the past 52 weeks, DOV’s price has moved between $143.52 and $208.26.
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A company in the Industrials sector has jumped its sales by 4.16% annually for the last half of the decade. The company achieved an average annual earnings per share of -7.14%. With a float of $136.53 million, this company’s outstanding shares have now reached $137.19 million.
In an organization with 25000 employees, it is important to assess its efficiency. 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 and Institutional Ownership
Observing investor behavior towards Specialty Industrial Machinery industry stocks is more important than anything else. The insider ownership of Dover Corp is 0.48%, while institutional ownership is 86.19%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -7.14% 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
Dover Corp (DOV) is currently performing well based on its current performance indicators. A quick ratio of 1.06 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.30. Likewise, its price to free cash flow for the trailing twelve months is 27.88.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 0.54 million. That was inferior than the volume of 0.94 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 17.42%. Additionally, its Average True Range was 2.98.
During the past 100 days, Dover Corp’s (DOV) raw stochastic average was set at 81.06%, which indicates a significant increase from 40.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.66% in the past 14 days, which was lower than the 22.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $196.32, while its 200-day Moving Average is $183.63. However, in the short run, Dover Corp’s stock first resistance to watch stands at $203.31. Second resistance stands at $205.31. The third major resistance level sits at $207.61. If the price goes on to break the first support level at $199.00, it is likely to go to the next support level at $196.70. The third support level lies at $194.70 if the price breaches the second support level.
Dover Corp (NYSE: DOV) Key Stats
Market capitalization of the company is 27.62 billion based on 137,192K outstanding shares. Right now, sales total 8,438 M and income totals 1,057 M. The company made 1,984 M in profit during its latest quarter, and 347,100 K in sales during its previous quarter.
