Dover stock: buy or sell?

DOV stock price: $105.24 -2.38% At close on February 27th, 2020

Updated on:
February 27th, 2020

1

Dover eased -2.38% today to $105.24 after reaching all time highs on Feb/19. With Thursday it's been 4 sliding days in a row, loosing $-13.66 (-11.53%).

Dover Corporation provides equipment and components, specialty systems, consumable supplies, software and digital solutions, and support services worldwide.

Should I buy Dover stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Dover stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Dover stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for DOV stock for the last 30 days.

Dover stock analysis

Daily outlook

Dover eased -2.38% today to $105.24 after reaching all time highs on Feb/19.

Dover eased -2.38% today to $105.24 after topping to all time highs on February 19th. Since SMA50d and SMA100d crossed up on October, DOV price climbed $3.04 per share (2.97%). On February/19, DOV hit new all time highs, pushing higher previous ATH of $119.72 recorded on February/18. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

DOV stock chart (daily)

Weekly outlook

Dover ended this week at $105.24 and plummed a spooky -11.49%.

Not so far away is the last all-time high Dover marked last week. Late August 2019 DOV price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Since SMA10d and SMA20w crossed up late October 2019, DOV price climbed $3.93 per share (3.88%).

DOV stock chart (weekly)

Dover stock price history

Dover stock went public on March 17th, 1980 with a price of $0.001. Since then, DOV stock surged a inf%, with a yearly average of inf%. If you had invested $1,000 in Dover stock in 1980, it would worth $inf today.

1: Adjusted price after possible price splits or reverse-splits.

Dover stock historical price chart

DOV stock reached all-time highs on February/19 with a price of $119.72.

Dover stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price prediction for Dover stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since last April, when Dover presented its last earnings report, it . As soon as we get its actual EPS from the earnings report, we will update this report.
DOV earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a1.05n/a
2017-Q32017-10-191.121.141.8%
2017-Q42018-01-301.041.8476.9%
2018-Q12018-04-271.131.162.7%
2018-Q22018-07-191.211.37.4%
2018-Q32018-10-181.291.365.4%
2018-Q42019-01-291.291.4310.9%
2019-Q12019-04-251.13n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw a slightly fine growth of 2.51% to $6,992.12 M dollars. When comparing 2018 vs 2017, nonetheless, profit margin (that is, the net income divided by revenues) declined a -3.74% to 8.16%.

Dover presents anual results in December, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Dover TTM sales up to March 2019 were $7,079.20 and income $544.54 M USD. When comparing this TTM figures with the last reported annuality, we can esteem Dover business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, appreciated a tiny 1.25%. Regarding profit margin, Dover stayed steady -0.46% to 8.16%

DOV annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$7,160 M-$798 M11.1%-
2014$7,753 M8.28%$775 M10.0%-2.80%
2015$6,956 M-10.27%$870 M12.5%12.20%
2016$6,794 M-2.33%$509 M7.5%-41.50%
2017$6,821 M0.39%$812 M11.9%59.50%
2018$6,992 M2.51%$570 M8.2%-29.74%
TTM $7,079 M1.25%$545 M7.7%-4.51%

Quarterly financial results

Dover posted $1,724.76 M in revenues for 2019-Q1, a -4.65% decline compared to previous quarter. Reported quarter income marked $105.71 M with a profit margin of 6.13%. Profit margin slightly fell a -1.70% compared to previous quarter when profit margin was 7.83%. When comparing sales to same quarter last year, Dover sales marked a terrible drop down and collapsed a -10.24%.
DOV quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$1,990 M-$164 M8.2%-
2017-Q3$2,010 M1.01%$179 M8.9%9.05%
2017-Q4$2,762 M37.42%$296 M10.7%65.70%
2018-Q1$1,922 M-30.43%$131 M6.8%-55.66%
2018-Q2$1,798 M-6.43%$140 M7.8%6.49%
2018-Q3$1,747 M-2.82%$157 M9.0%12.39%
2018-Q4$1,809 M3.52%$142 M7.8%-10.00%
2019-Q1$1,725 M-4.65%$106 M6.1%-25.33%

Dover ownership

When you are planning to buy a stock, it's always worth to have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Dover, 1.69% of all outstanding shares are owned by its staff.

Bearish positions for DOV stock account 0.00%, no big difference from last month.

For a better understanding, the following table shows ownership data compared to other related companies:

DOV
Market cap$15.3 B
Total shares145.3 M
Float shares143.5 M
  - Institutional holdings (%)88.6%
  - Insider holdings (%)1.7%
Shares in short selling0.0%

Dover summary

Thursday, February 27th, 2020
Open$106.17
Close$105.24
Day range$105.03 - $109.96
Previous close$107.81
Session gain-2.38%
Average true range$2.67
50d mov avg$115.79
100d mov avg$110.56
200d mov avg$102.45
Daily patternlt06c
Weekly pattern

Dover performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For Dover, the comparison is made against .
Stock3m6m12m
DOVDover-5.17%13.27%17.97%

Dover competitors

Unfortunately, we could not find any public company that could be defined as Dover competitor. This doesn't mean Dover does not have any competitor in the market, it's just we could not detected it.

    Latest Dover stock news