Dover Corporation (DOV) – Much Better Than You Think

Anderson Carrie L, Vice President and Controller, subtracted 911 shares of Dover Corporation (DOV) from its portfolio at the rate of $91.22 per share valuing $83,101 on Feb 26. The insider left behind 0 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Dover Corporation (DOV) was $97.63. Currently, the 1st Resistance Point for this stock is $98.80, with a 2nd Resistance Point sitting at $99.98. Meanwhile, this company’s stock has a 1st Support Level at $96.59 and a 2nd Support Level at $95.55. Dover Corporation (DOV) stock has lost -$5.76, or -5.57%, in the past five days. In the last full month, these shares have gained $1.26, or 1.31%. In the past three months, this stock’s price has risen by $1.82, or 1.90%. This year-to-date, Dover Corporation (DOV) shares have gained $26.68, or 37.60%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Dover Corporation (DOV) stock, 40% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 25% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Buy .”

With 145,329 K shares outstanding, this company currently has a market capitalization of $14,188,469K. Dover Corporation (DOV) generates $6,992 M in annual sales, amounting to annual net income of $570,270 K. This stock has generated a 1-Year Total Return of 33.12%, a 3-Year Total Return of 65.29%, and a 5-year Total Return of 36.21%. This stock’s 5-Year Dividend Growth is 1,277.93%, with its most recent dividend valued at $0.480 per share on 05/30/19. Its Annual Dividend Yield is 1.95%, and its Annual Dividend Rate is 1.92.

In the most recently-reported fiscal quarter, which ended in Mar-19, Dover Corporation (DOV) reported earnings of $1.24 per share. Wall Street analysts, on average, were expecting the company to report earnings of $1.10 per share, representing a 0.14 difference and 12.28% surprise. In the previous quarter ending in Dec-18, the reported earnings of $1.43 represented a 0.14 difference from the consensus estimate calling for $1.29 per share, which was a 11.14% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $1.55 per share. This estimate came from a total of 8 Wall Street Analysts. Of those market experts, the high estimate was $1.64 and the low estimate was $1.51. In the year-ago quarter, Dover Corporation (DOV) generated per-share earnings of $1.30. If the analysts are correct about the current quarter’s earnings, the growth will be +19.23% .

Turning our focus now to insider trading activity, there have been 0 purchases (0 shares in total) and 0 sale (0 shares in total) in the last 3 months. In the last 6 months, there have been 19 insider buys amounting to 202,274 shares and 41 insider sales amounting to 201,402 shares. In the past full year, 31 insider purchases were made (involving 218,851 shares) and 45 insider sell-offs equivalent to 268,986 shares.

Moving onto liquidity, Dover Corporation (DOV) has a Current Ratio of 1.37, a Quick Ratio of 0.96 and a Cash Ratio of 0.22. Looking at this company’s capital structure, its Total Debt to Total Equity is 114.28, its Total Debt to Total Capital is 53.33, and its Total Debt to Total Assets is now 37.82. Looking even further ahead into the future, its Long-Term Debt to Equity is 106.32 and its Long-Term Debt to Total Capital is 49.62.