The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
After finishing at $180.78 in the prior trading day, Dover Corp (NYSE: DOV) closed at $182.27, up 0.82%. In other words, the price has increased by $0.82 from its previous closing price. On the day, 0.75 million shares were traded. DOV stock price reached its highest trading level at $183.68 during the session, while it also had its lowest trading level at $180.62.
Ratios:
Our goal is to gain a better understanding of DOV by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 43.06. For the most recent quarter (mrq), Quick Ratio is recorded 1.52 and its Current Ratio is at 2.04. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.39.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on November 13, 2024, initiated with a Neutral rating and assigned the stock a target price of $217.
On October 28, 2024, Wolfe Research Upgraded its rating to Outperform which previously was Peer Perform but kept the price unchanged to $227.
Seaport Research Partners Upgraded its Neutral to Buy on February 05, 2024, while the target price for the stock was maintained at $190.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 06 ’25 when Cerepak Brad M bought 14,428 shares for $208.97 per share.
Cabrera Ivonne M sold 2,500 shares of DOV for $510,775 on Nov 11 ’24. The SVP, General Counsel & Secr. now owns 56,579 shares after completing the transaction at $204.31 per share. On Nov 11 ’24, another insider, Cabrera Ivonne M, who serves as the Officer of the company, bought 2,500 shares for $204.25 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DOV now has a Market Capitalization of 25012000768 and an Enterprise Value of 26301480960. As of this moment, Dover’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.37, and their Forward P/E ratio for the next fiscal year is 17.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.06 while its Price-to-Book (P/B) ratio in mrq is 3.60. Its current Enterprise Value per Revenue stands at 3.396 whereas that against EBITDA is 16.148.
Stock Price History:
The Beta on a monthly basis for DOV is 1.22, which has changed by 0.024564385 over the last 52 weeks, in comparison to a change of 0.08275449 over the same period for the S&P500. Over the past 52 weeks, DOV has reached a high of $222.31, while it has fallen to a 52-week low of $168.20. The 50-Day Moving Average of the stock is -6.23%, while the 200-Day Moving Average is calculated to be -3.75%.
Shares Statistics:
The stock has traded on average 928.41K shares per day over the past 3-months and 1242550 shares per day over the last 10 days, according to various share statistics. A total of 137.22M shares are outstanding, with a floating share count of 136.57M. Insiders hold about 0.48% of the company’s shares, while institutions hold 85.68% stake in the company. Shares short for DOV as of 1740700800 were 2085245 with a Short Ratio of 2.25, compared to 1738281600 on 1671839. Therefore, it implies a Short% of Shares Outstanding of 2085245 and a Short% of Float of 1.97.
Dividends & Splits
In the trailing 12 months, DOV’s forward annual dividend rate was 2.05, compared to 2.06 this year. Against a Trailing Annual Dividend Yield of 0.01133975The stock’s 5-year Average Dividend Yield is 1.41. The current Payout Ratio is 10.54% for DOV, which recently paid a dividend on 2025-02-28 with an ex-dividend date of 1740700800. Stock splits for the company last occurred on 2018-05-09 when the company split stock in a 1238:1000 ratio.
