The company in question is, Dover Corporation (NYSE:DOV) currently with a stock price of 71.13 (-1.08% today). The market cap for Dover Corporation is 11074.14, and is in the sector Industrial Goods, and Diversified Machinery industry. The target price for Dover Corporation is 70.57. Currently Dover Corporation is trading with a P/E of 19.57, and a forward P/E of 18.34. Average volume for Dover Corporation is 1368.26 and so far today it is 691494.
Performance in the last year for Dover Corporation has been 14.45%. For EPS growth, Dover Corporation has seen a growth of -18.80%, and is looking to grow in the next year to 12.83%. More long term stats show that EPS growth has been 2.70% over the last five years and could be 9.07% for the next five years. Dover Corporation has seen sales growth quarter over quarter at -5.40%, with EPS growth quarter over quarter at -11.30%. The 20-day simple moving average is 3.48%, with the 200-day simple moving average coming to 12.46%.
Since the IPO date for Dover Corporation on the 7/1/1985, Dover Corporation has seen performance year to date to be 18.87%. With Dover Corporation trading at 71.13, the dividend yield is 2.34%, and the EPS is 3.67.
So could Dover Corporation, be undervalued? Well as said before P/E is 19.57. The PEG is 2.16, P/S is 1.61 and the P/B is at 3.02. The P/cash is 45.44, with P/free cash flow at 26.91.
Dover Corporation ability to deal with debt shows that the current ratio is 1.4, and the quick ratio is 0.9. This is with long term debt/equity at 0.71, and total debt/equity at 0.82.
In terms of margins, Dover Corporation has a gross margin of 37.20%, an operating margin of 12.90% and a profit margin of 11.10%.Payout ratio for Dover Corporation is 34.20%. Return on assets come to 8.80% with return on investment coming to 11.20%.
Insider ownership for Dover Corporation, is at 0.50% and institutional ownership comes to 90.60%. Outstanding shares are at 154. While shares float is 153.55. The float short is currently 2.26%, and short ratio is 2.53.