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A look at a High Market Cap Stock: Dover Corporation, DOV

Dover Corporation, DOV is in the exchange NYSE and its industry is Diversified Machinery in the sector of Industrial Goods. Based in USA, Dover Corporation, DOV  has a market cap of 11021.22. Since its IPO date on the 7/1/1985, Dover Corporation, DOV performance year to date is 12.40%. Today Dover Corporation, DOV has gained -0.08%, with a current price of 67.54.

Ownership of the company is 0.20% for insider ownership while institutional ownership is 90.20%. The management of the company have seen the company have a payout ratio of 47.70%. Return of assets are at 6.20%, with return on investment at 11.20%.

In terms of debt levels and profit levels, Dover Corporation, DOV is seeing a long-term debt/equity of 0.7. While Total debt/equity is 0.79. With a profit margin of 8.00%, this is combined with a gross margin of 37.20%, and operating margin of 12.20%. Dover Corporation ability to meet debt levels, with a current ratio of 1.5, while the quick ratio is 0.9.

For the last year Dover Corporation, DOV has seen a EPS growth of -18.80%. A performance for the year of 13.10%. The 52-week high is -9.29%, and the 52-week low is 35.25%. The average volume for Dover Corporation, DOV is 33290.

With a target price of 73.5, can Dover Corporation, DOV reach this target? Looking at the value indicators of Dover Corporation, DOV. Dover Corporation has a P/E of 19.54 and a forward P/E of 17.24. Perhaps the more useful indicator than P/E, is PEG which has a value of 1.9. Dover Corporation also has a P/S and a P/B of 1.62 and 2.82 respectively. For P/cash, Dover Corporation has a value of 43.2, while it is 26.27 for P/free cash flow.

At the current price of 67.54, Dover Corporation has a dividend yield of 2.60%. We see a return on equity of 14.90%.

Looking more long-term Dover Corporation, is projected to get an EPS growth for the next five years of 10.29%. In the short-term an EPS growth of 17.22% in the next year is forecasted. This is after a EPS growth of -18.80% for this year and for the last five years a 2.70% growth has been seen.

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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Tony Dabbs

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