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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 11421.13. Since its IPO date on the 7/1/1985, Dover Corporation, DOV performance year to date is 22.08%. Today Dover Corporation, DOV has gained -0.38%, with a current price of 73.41.

Ownership of the company is 0.30% for insider ownership while institutional ownership is 90.10%. 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 21.59%. The 52-week high is -1.40%, and the 52-week low is 47.02%. The average volume for Dover Corporation, DOV is 542200.

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 21.22 and a forward P/E of 18.73. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.06. Dover Corporation also has a P/S and a P/B of 1.68 and 3.07 respectively. For P/cash, Dover Corporation has a value of 44.77, while it is 27.23 for P/free cash flow.

At the current price of 73.41, Dover Corporation has a dividend yield of 2.40%. 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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Peter Clarke

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