Dover Corporation

Company Profile

Dover Corporation had its IPO on 1985-07-01 under the ticker symbol DOV.

The company operates in the Industrials sector and Specialty Industrial Machinery industry. Dover Corporation has a staff strength of 25,000 employees.

Stock update

Shares of Dover Corporation opened at $139.53 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $138.75 - $141.64, and closed at $140.87.

This is a +0.46% increase from the previous day's closing price.

A total volume of 706,089 shares were traded at the close of the day’s session.

In the last one week, shares of Dover Corporation have slipped by -5.27%.

Dover Corporation's Key Ratios

Dover Corporation has a market cap of $19.28 billion, indicating a price to book ratio of 4.8276 and a price to sales ratio of 2.3627.

In the last 12-months Dover Corporation’s revenue was $8.54 billion with a gross profit of $3.07 billion and an EBITDA of $1.74 billion. The EBITDA ratio measures Dover Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Dover Corporation’s operating margin was 16.83% while its return on assets stood at 8.43% with a return of equity of 24.3%.

In Q1, Dover Corporation’s quarterly earnings growth was a positive 4.5% while revenue growth was a positive 1.3%.

Dover Corporation’s PE and PEG Ratio

Forward PE

15.1976

Trailing PE

18.4085

PEG

1.1811

Its diluted EPS in the last 12-months stands at $7.49 per share while it has a forward price to earnings multiple of 15.1976 and a PEG multiple of 1.1811. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Dover Corporation’s profitability.

Dover Corporation stock is trading at a EV to sales ratio of 2.7033 and a EV to EBITDA ratio of 12.2982. Its price to sales ratio in the trailing 12-months stood at 2.3627.

Dover Corporation stock pays annual dividends of $2.015 per share, indicating a yield of 1.47% and a payout ratio of 23.76%.

Balance sheet and cash flow metrics

Total Assets

$10.80 billion

Total Liabilities

$2.51 billion

Operating Cash Flow

$-43556000.00

Capital Expenditure

$48.38 million

Dividend Payout Ratio

23.76%

Dover Corporation ended 2024 with $10.80 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $10.80 billion while shareholder equity stood at $4.46 billion.

Dover Corporation ended 2024 with $358.83 million in deferred long-term liabilities, $2.51 billion in other current liabilities, 259794000.00 in common stock, $10.38 billion in retained earnings and $4.68 billion in goodwill. Its cash balance stood at $272.43 million and cash and short-term investments were $272.43 million. The company’s total short-term debt was $514,567,000 while long-term debt stood at $2.96 billion.

Dover Corporation’s total current assets stands at $3.32 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $1.46 billion compared to accounts payable of $1.04 billion and inventory worth $1.41 billion.

In 2024, Dover Corporation's operating cash flow was $-43556000.00 while its capital expenditure stood at $48.38 million.

Comparatively, Dover Corporation paid $0.24 in dividends in 2024.

Other key metrics

Current Trading Price

$140.87

52-Week High

$159.5228

52-Week Low

$113.2676

Analyst Target Price

$163.73

Dover Corporation stock is currently trading at $140.87 per share. It touched a 52-week high of $159.5228 and a 52-week low of $159.5228. Analysts tracking the stock have a 12-month average target price of $163.73.

Its 50-day moving average was $144.57 and 200-day moving average was $143.03 The short ratio stood at 2.99 indicating a short percent outstanding of 0%.

Around 49.7% of the company’s stock are held by insiders while 9603% are held by institutions.