Dover Corporation (NYSE:DOV) went up by 7.83% from its latest closing price when compared to the 1-year high value of $120.26 and move down -49.22%, while DOV stocks collected +15.36% of gains with the last five trading sessions. Press Release reported on 03/24/20 that Rotary Lift’s New ARO22 High-Capacity Alignment Lift Provides Flexible Repair Options
Dover Corporation (NYSE:DOV) Worth an Investment?
Dover Corporation (NYSE: DOV) scored price to earnings ratio above its average ratio, recording 17.47 times of increase in earnings at the present.
DOV Market Performance
DOV stocks went up by 15.36% for the week, with the monthly drop of -26.78% and a quarterly performance of -30.44%, while its annual performance rate touched -12.49%. The simple moving average for the period of the last 20 days is -11.32% for DOV stocks with the simple moving average of -21.80% for the last 200 days.
Analysts’ Opinion on Dover Corporation (NYSE:DOV)
Many brokerage firms have already submitted their reports for DOV stocks, with Morgan Stanley repeating the rating for DOV shares by setting it to “Overweight”. The predicted price for DOV socks in the upcoming period according to Morgan Stanley is $86 based on the research report published on March 23, 2020.
JP Morgan, on the other hand, stated in their research note that they expect to see DOV stock at the price of $94. The rating they have provided for DOV stocks is “Overweight” according to the report published on March 18, 2020.
Robert W. Baird gave “ Neutral” rating to DOV stocks, setting the target price at $94 in the report published on April 22, 2019.
DOV Stocks -24.59% Far from 50 Day Moving Average
After a stumble in the market that brought DOV to its low price for the period of the last 52 weeks, Dover Corporation was unable to take a rebound, for now settling with -32.99% of loss for the given period.
The stock volatility was left at 7.61%, however, within the period of a single month, the volatility rate increased by 10.91%, while the shares sank at the distance of -25.59% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -31.20% lower at the present time.
In the course of the last 5 trading sessions, DOV went up by +15.36%, which changed the moving average for the period of 200 days to the total of -16.56% of losses for the stock in comparison to the 20-day moving average settled at $89.49. In addition, Dover Corporation saw -30.08% in overturn over the period of a single year with a tendency to cut further losses.
DOV Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Dover Corporation (DOV), starting from Spiegel Eric A., who bought 500 shares at the price of $79.00 back on Mar 16. After this action, Rushing now owns 5,682 shares of Dover Corporation, valued at $39,500 with the latest closing price.
Malinas David J., the SVP Operations of Dover Corporation, bought 500 shares at the value of $93.35 during a trade that took place back on Mar 09, which means that Malinas David J. is holding 1,251 shares at the value of $46,675 based on the most recent closing price.
DOV Stock Fundamentals
The current profitability levels are settled at +14.77 for the present operating margin and +36.85 for gross margin. The net margin for Dover Corporation stands at +9.50. Total capital return value is set at 17.27, while invested capital returns managed to touch 11.56. Equity return holds the value 22.90%, with 7.80% for asset returns.
Based on Dover Corporation (DOV), the company’s capital structure generated 101.24 points for debt to equity in total, while total debt to capital is set at the value of 50.31. Total debt to assets is settled at the value of 37.41 with long-term debt to equity ratio rests at 8.12 and long-term debt to capital is 98.45.
The value for Enterprise to Sales is 2.82 with debt to enterprise value settled at 0.16. The receivables turnover for Dover Corporation is 5.81 with the total asset turnover at the value of 0.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.46.