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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 10938.57. Since its IPO date on the 7/1/1985, Dover Corporation, DOV performance year to date is 16.27%. Today Dover Corporation, DOV has gained 2.34%, with a current price of 70.34.

Ownership of the company is 0.40% for insider ownership while institutional ownership is 90.60%. The management of the company have seen the company have a payout ratio of 34.20%. Return of assets are at 8.80%, 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 0.71. While Total debt/equity is 0.82. With a profit margin of 11.10%, this is combined with a gross margin of 37.20%, and operating margin of 12.90%. Dover Corporation ability to meet debt levels, with a current ratio of 1.4, 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 7.47%. The 52-week high is -2.79%, and the 52-week low is 40.03%. The average volume for Dover Corporation, DOV is 1850642.

With a target price of 70.57, can Dover Corporation, DOV reach this target? Looking at the value indicators of Dover Corporation, DOV. Dover Corporation has a P/E of 19.15 and a forward P/E of 17.99. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.1. Dover Corporation also has a P/S and a P/B of 1.59 and 2.95 respectively. For P/cash, Dover Corporation has a value of 44.89, while it is 26.58 for P/free cash flow.

At the current price of 70.34, Dover Corporation has a dividend yield of 2.39%. We see a return on equity of 21.00%.

Looking more long-term Dover Corporation, is projected to get an EPS growth for the next five years of 9.12%. In the short-term an EPS growth of 12.03% 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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Mark Hines

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