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Is Dover Corporation(NYSE: DOV), a large market cap stock a smart buy?

With a market cap of has a large market cap size. Dover Corporation (NYSE: DOV) has been on the stock market since its IPO date on the 7/1/1985. Dover Corporation is in the Diversified Machinery industry and Industrial Goods sector. Average volume for Dover Corporation, is 1347.64, and so far today it has a volume of 567160. Performance year to date since the 7/1/1985 is 20.62%.

To help you determine whether Dover Corporation is undervalued the following values will help you decide. P/E is 19.86 and forward P/E is 18.61. PEG perhaps more useful shows that Dover Corporation has a value for PEG of 2.19. P/S ratio is 1.64 and the P/B ratio is 3.06. The P/Cash and P/Free cash flow is 46.11 and 27.31 respectively.

At the current price Dover Corporation is trading at, 73.26 (0.40% today), Dover Corporation has a dividend yield of 2.30%, and this is covered by a payout ratio of 34.20%. Earnings per share (EPS) is 3.67, and this is looking to grow in the next year to 12.83% after growing -18.80% this past year. EPS growth quarter over quarter is -11.30%, and -5.40% for sales growth quarter over quarter.

The number of shares outstanding is 154, and the number of shares float is 153.55. The senior management bring insider ownership to 0.50%, and institutional ownership is at 90.60%. The float short is 2.26%, with the short ratio at a value of 2.57. Management has seen a return on assets of 8.80%, and also a return on investment of 11.20%.

The ability for Dover Corporation, to deal with debt, means it current ratio is 1.4, and quick ratio is 0.9. Long term debt/equity is 0.71 and total debt/equity is 0.82. In terms of margins, Dover Corporation has a gross margin of 37.20%, with its operating margin at 12.90%, and Dover Corporation has a profit margin of 11.10%.

The 52 week high is -0.31%, with 45.84% being its 52 week low. The 20 day simple moving average is 7.10% and the 200 day simple moving average is 16.09%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.


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Peter Clarke

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