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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 10840.32. Since its IPO date on the 7/1/1985, Dover Corporation, DOV performance year to date is 16.75%. Today Dover Corporation, DOV has gained 4.89%, with a current price of 73.19.

Ownership of the company is 0.70% for insider ownership while institutional ownership is 88.40%. The management of the company have seen the company have a payout ratio of 53.80%. Return of assets are at 5.50%, 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 0.69. While Total debt/equity is 0.83. With a profit margin of 7.30%, this is combined with a gross margin of 37.00%, and operating margin of 11.30%. Dover Corporation ability to meet debt levels, with a current ratio of 1.4, while the quick ratio is 1.

For the last year Dover Corporation, DOV has seen a EPS growth of -18.80%. A performance for the year of 8.62%. The 52-week high is -1.09%, and the 52-week low is 47.47%. The average volume for Dover Corporation, DOV is 393742.

With a target price of 72.46, can Dover Corporation, DOV reach this target? Looking at the value indicators of Dover Corporation, DOV. Dover Corporation has a P/E of 22.52 and a forward P/E of 19.22. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.99. Dover Corporation also has a P/S and a P/B of 1.62 and 2.86 respectively. For P/cash, Dover Corporation has a value of 21.06, while it is 24.44 for P/free cash flow.

At the current price of 73.19, Dover Corporation has a dividend yield of 2.52%. We see a return on equity of 13.20%.

Looking more long-term Dover Corporation, is projected to get an EPS growth for the next five years of 7.54%. In the short-term an EPS growth of 20.35% 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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