The stock of Dover Corp (NYSE: DOV) has decreased by -0.36 when compared to last closing price of 198.08. Despite this, the company has experienced a -0.73% fall in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-29 that DOWNERS GROVE, Ill., Jan. 29, 2025 /PRNewswire/ — CPC (Colder Products Company), part of Dover (NYSE: DOV) and a leading manufacturer of connection technologies used in biopharmaceutical processing, today announced the launch of its new MicroCNX® Nano Series aseptic connectors, designed to significantly simplify cell and gene therapy (CGT) closed sterile processing.
Is It Worth Investing in Dover Corp (NYSE: DOV) Right Now?
Dover Corp (NYSE: DOV) has a higher price-to-earnings ratio of 17.66x compared to its average ratio. DOV has 36-month beta value of 1.23. Analysts have mixed views on the stock, with 9 analysts rating it as a “buy,” 3 as “overweight,” 7 as “hold,” and 0 as “sell.”
The public float for DOV is 136.55M, and currently, short sellers hold a 1.14% ratio of that float. The average trading volume of DOV on January 30, 2025 was 715.48K shares.
DOV’s Market Performance
The stock of Dover Corp (DOV) has seen a -0.73% decrease in the past week, with a 3.38% rise in the past month, and a 5.55% gain in the past quarter. The volatility ratio for the week is 1.52%, and the volatility levels for the past 30 days are at 1.62% for DOV. The simple moving average for the past 20 days is 2.88% for DOV’s stock, with a 5.69% simple moving average for the past 200 days.
Analysts’ Opinion of DOV
Many brokerage firms have already submitted their reports for DOV stocks, with UBS repeating the rating for DOV by listing it as a “Neutral.” The predicted price for DOV in the upcoming period, according to UBS is $217 based on the research report published on November 13, 2024 of the previous year 2024.
Wolfe Research, on the other hand, stated in their research note that they expect to see DOV reach a price target of $227. The rating they have provided for DOV stocks is “Outperform” according to the report published on October 28th, 2024.
Seaport Research Partners gave a rating of “Buy” to DOV, setting the target price at $190 in the report published on February 05th of the previous year.
DOV Trading at 0.57% from the 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, the company was unable to rebound, for now settling with -5.24% of loss for the given period.
Volatility was left at 1.62%, however, over the last 30 days, the volatility rate increased by 1.52%, as shares surge +4.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.25% lower at present.
During the last 5 trading sessions, DOV fell by -0.73%, which changed the moving average for the period of 200-days by +13.90% in comparison to the 20-day moving average, which settled at $191.84. In addition, Dover Corp saw 5.20% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DOV starting from Cabrera Ivonne M, who sale 2,500 shares at the price of $204.31 back on Nov 11 ’24. After this action, Cabrera Ivonne M now owns 56,579 shares of Dover Corp, valued at $510,775 using the latest closing price.
Cabrera Ivonne M, the Officer of Dover Corp, proposed sale 2,500 shares at $204.25 during a trade that took place back on Nov 11 ’24, which means that Cabrera Ivonne M is holding shares at $510,636 based on the most recent closing price.
Stock Fundamentals for DOV
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.38 for the gross margin
The net margin for Dover Corp stands at 0.19. The total capital return value is set at 0.14. Equity return is now at value 28.93, with 13.43 for asset returns.
Based on Dover Corp (DOV), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at 0.38. The debt to equity ratio resting at 0.59. The interest coverage ratio of the stock is 10.31.
Currently, EBITDA for the company is 1.72 billion with net debt to EBITDA at 1.28. When we switch over and look at the enterprise to sales, we see a ratio of 3.6. The receivables turnover for the company is 5.85for trailing twelve months and the total asset turnover is 0.7. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.57.
Conclusion
To put it simply, Dover Corp (DOV) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
