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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 11010.24. Since its IPO date on the 7/1/1985, Dover Corporation, DOV performance year to date is 16.80%. Today Dover Corporation, DOV has gained 1.42%, with a current price of 71.66.

Ownership of the company is 0.30% for insider ownership while institutional ownership is 90.70%. 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 15.47%. The 52-week high is -2.61%, and the 52-week low is 42.65%. The average volume for Dover Corporation, DOV is 466826.

With a target price of 72.79, can Dover Corporation, DOV reach this target? Looking at the value indicators of Dover Corporation, DOV. Dover Corporation has a P/E of 20.43 and a forward P/E of 18.05. Perhaps the more useful indicator than P/E, is PEG which has a value of 1.99. Dover Corporation also has a P/S and a P/B of 1.62 and 2.95 respectively. For P/cash, Dover Corporation has a value of 43.16, while it is 26.25 for P/free cash flow.

At the current price of 71.66, Dover Corporation has a dividend yield of 2.38%. 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 17.08% 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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