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Dover NYSE:DOV Stock Report

Last Price

US$201.18

Market Cap

US$27.7b

7D

-0.2%

1Y

46.0%

Updated

15 Nov, 2024

Data

Company Financials +

Dover Corporation

NYSE:DOV Stock Report

Market Cap: US$27.7b

DOV Stock Overview

Provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. More details

DOV fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance5/6
Financial Health4/6
Dividends4/6

Rewards

Trading at 20.2% below our estimate of its fair value

Earnings grew by 61.5% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 11.4% per year for the next 3 years

Significant insider selling over the past 3 months

Has a high level of debt

Large one-off items impacting financial results


Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
WarrenAI
Based on Analyst Price Targets

Shrinking Profit Margins Overshadow Potential Revenue Growth In The Clean Energy Sector

Key Takeaways Strategic shifts to growth platforms and divestitures are enhancing margins and capital deployment capacity, potentially driving future earnings. Increased production capacity and integration of acquisitions in Clean Energy & Fueling are expected to improve margins and stabilize revenue growth.
View narrative
US$211.37
FV
4.8% undervalued intrinsic discount
1.58%
Revenue growth p.a.
0users have liked this narrative
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2users have followed this narrative
2 days ago author updated this narrative

Dover Corporation Competitors

Fortive

NYSE:FTV

US$26.2b

Otis Worldwide

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US$39.8b

Snap-on

NYSE:SNA

US$18.8b

Xylem

NYSE:XYL

US$29.5b

Price History & Performance

Summary of all time highs, changes and price drops for Dover
Historical stock prices
Current Share PriceUS$201.18
52 Week HighUS$204.93
52 Week LowUS$136.50
Beta1.22
11 Month Change4.35%
3 Month Change11.87%
1 Year Change46.00%
33 Year Change14.27%
5 Year Change83.76%
Change since IPO44,587.30%

Recent News & Updates

Dover (NYSE:DOV) Has Affirmed Its Dividend Of $0.515

Nov 12
Dover (NYSE:DOV) Has Affirmed Its Dividend Of $0.515

Getting In Cheap On Dover Corporation (NYSE:DOV) Is Unlikely

Nov 05
Getting In Cheap On Dover Corporation (NYSE:DOV) Is Unlikely

Recent updates

Dover (NYSE:DOV) Has Affirmed Its Dividend Of $0.515

Nov 12
Dover (NYSE:DOV) Has Affirmed Its Dividend Of $0.515

Getting In Cheap On Dover Corporation (NYSE:DOV) Is Unlikely

Nov 05
Getting In Cheap On Dover Corporation (NYSE:DOV) Is Unlikely

At US$194, Is Dover Corporation (NYSE:DOV) Worth Looking At Closely?

Oct 19
At US$194, Is Dover Corporation (NYSE:DOV) Worth Looking At Closely?

Dover's (NYSE:DOV) Returns Have Hit A Wall

Oct 08
Dover's (NYSE:DOV) Returns Have Hit A Wall

Dover Corporation: Continued Portfolio Optimization

Sep 18

Does Dover (NYSE:DOV) Deserve A Spot On Your Watchlist?

Sep 05
Does Dover (NYSE:DOV) Deserve A Spot On Your Watchlist?

Dover (NYSE:DOV) Has Affirmed Its Dividend Of $0.515

Aug 21
Dover (NYSE:DOV) Has Affirmed Its Dividend Of $0.515

Is Dover (NYSE:DOV) A Risky Investment?

Aug 20
Is Dover (NYSE:DOV) A Risky Investment?

Earnings Beat: Dover Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Jul 29
Earnings Beat: Dover Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Some Shareholders Feeling Restless Over Dover Corporation's (NYSE:DOV) P/E Ratio

Jul 22
Some Shareholders Feeling Restless Over Dover Corporation's (NYSE:DOV) P/E Ratio

Is Dover Corporation (NYSE:DOV) Potentially Undervalued?

Jul 11
Is Dover Corporation (NYSE:DOV) Potentially Undervalued?

Dover: Excellent Economics Well Captured At Current Multiples

Jul 04

Is Dover Corporation (NYSE:DOV) Trading At A 26% Discount?

Jun 29
Is Dover Corporation (NYSE:DOV) Trading At A 26% Discount?

Investors Met With Slowing Returns on Capital At Dover (NYSE:DOV)

Jun 18
Investors Met With Slowing Returns on Capital At Dover (NYSE:DOV)

Dover: Quality Growth Ahead, But This Dividend Aristocrat Is Fairly Priced

May 21

Do Dover's (NYSE:DOV) Earnings Warrant Your Attention?

May 14
Do Dover's (NYSE:DOV) Earnings Warrant Your Attention?

We Think You Should Be Aware Of Some Concerning Factors In Dover's (NYSE:DOV) Earnings

May 03
We Think You Should Be Aware Of Some Concerning Factors In Dover's (NYSE:DOV) Earnings

Dover Corporation's (NYSE:DOV) Share Price Could Signal Some Risk

Mar 30
Dover Corporation's (NYSE:DOV) Share Price Could Signal Some Risk

Dover Corporation's (NYSE:DOV) Intrinsic Value Is Potentially 38% Above Its Share Price

Mar 18
Dover Corporation's (NYSE:DOV) Intrinsic Value Is Potentially 38% Above Its Share Price

Here's What To Make Of Dover's (NYSE:DOV) Decelerating Rates Of Return

Mar 06
Here's What To Make Of Dover's (NYSE:DOV) Decelerating Rates Of Return

Dover Corporation Is Not A Buy At Its New High

Mar 05

Dover Corporation (NYSE:DOV) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Feb 13
Dover Corporation (NYSE:DOV) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Dover's (NYSE:DOV) Dividend Will Be $0.51

Feb 12
Dover's (NYSE:DOV) Dividend Will Be $0.51

Is Dover Corporation (NYSE:DOV) Potentially Undervalued?

Jan 27
Is Dover Corporation (NYSE:DOV) Potentially Undervalued?

Dover Corporation: Continued Transformation, Continued Growth Challenges

Jan 16

Is Dover (NYSE:DOV) Using Too Much Debt?

Jan 15
Is Dover (NYSE:DOV) Using Too Much Debt?

Dover Corporation's (NYSE:DOV) Business Is Trailing The Market But Its Shares Aren't

Dec 21
Dover Corporation's (NYSE:DOV) Business Is Trailing The Market But Its Shares Aren't

Dover (NYSE:DOV) Is Looking To Continue Growing Its Returns On Capital

Nov 20
Dover (NYSE:DOV) Is Looking To Continue Growing Its Returns On Capital

Dover Corporation: Government's Push For Greener Environment Serves As Catalyst

Nov 08

Dover (NYSE:DOV) Has Affirmed Its Dividend Of $0.51

Nov 06
Dover (NYSE:DOV) Has Affirmed Its Dividend Of $0.51

Is There An Opportunity With Dover Corporation's (NYSE:DOV) 38% Undervaluation?

Oct 18
Is There An Opportunity With Dover Corporation's (NYSE:DOV) 38% Undervaluation?

At US$138, Is It Time To Put Dover Corporation (NYSE:DOV) On Your Watch List?

Oct 06
At US$138, Is It Time To Put Dover Corporation (NYSE:DOV) On Your Watch List?

Dover: Too Expensive Despite Potential Growth Prospects

Oct 05

Dover (NYSE:DOV) Is Paying Out A Larger Dividend Than Last Year

Aug 28
Dover (NYSE:DOV) Is Paying Out A Larger Dividend Than Last Year

Is Dover (NYSE:DOV) Using Too Much Debt?

Aug 20
Is Dover (NYSE:DOV) Using Too Much Debt?

Dover (NYSE:DOV) Is Increasing Its Dividend To $0.51

Aug 07
Dover (NYSE:DOV) Is Increasing Its Dividend To $0.51

Shareholder Returns

DOVUS MachineryUS Market
7D-0.2%-1.3%-2.2%
1Y46.0%28.7%30.1%

Return vs Industry: DOV exceeded the US Machinery industry which returned 30.7% over the past year.

Return vs Market: DOV exceeded the US Market which returned 32.3% over the past year.

Price Volatility

Is DOV's price volatile compared to industry and market?
DOV volatility
DOV Average Weekly Movement3.2%
Machinery Industry Average Movement5.6%
Market Average Movement6.2%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: DOV has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: DOV's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
194725,000Rich Tobinwww.dovercorporation.com

Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The company’s Engineered Products segment provides various equipment, component, software, solution, and services that are used in vehicle aftermarket, waste handling, industrial automation, aerospace and defense, industrial winch and hoist, and fluid dispensing end-market. This segment offers manual and power clamp, rotary and linear mechanical indexer, conveyor, pick and place unit, glove port, and manipulator, as well as end-of-arm robotic gripper, slide, and end effector; winches, hoists, bearings, drives, and electric monitoring system; and radio frequency and microwave filters and switches, and signal intelligence solutions.

Dover Corporation Fundamentals Summary

How do Dover's earnings and revenue compare to its market cap?
DOV fundamental statistics
Market capUS$27.73b
Earnings (TTM)US$1.53b
Revenue (TTM)US$8.47b

18.0x

P/E Ratio

3.3x

P/S Ratio

Is DOV overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DOV income statement (TTM)
RevenueUS$8.47b
Cost of RevenueUS$5.29b
Gross ProfitUS$3.18b
Other ExpensesUS$1.65b
EarningsUS$1.53b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)11.17
Gross Margin37.58%
Net Profit Margin18.09%
Debt/Equity Ratio59.4%

How did DOV perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

18%

Payout Ratio

Does DOV pay a reliable dividends?

See DOV dividend history and benchmarks
When do you need to buy DOV by to receive an upcoming dividend?
Dover dividend dates
Ex Dividend DateNov 29 2024
Dividend Pay DateDec 16 2024
Days until Ex dividend12 days
Days until Dividend pay date29 days

Does DOV pay a reliable dividends?

See DOV dividend history and benchmarks