Analyst Ratings for Dover Corp. (DOV)Updated: 2017-07-29
An average rating of Overweight has been given to Dover Corp. (NYSE:DOV) by analysts covering the stock. Last month, DOV received an average rating of Hold.
A buy rating was issued by 4 analysts, 2 gave an overweight rating, 14 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
A number of analysts gave price targets for DOV. The most optimistic price target was 95, implying a possible profit of 13.15 percent. The most pessimistic analyst gave a price target of 80, implying a possible loss of -4.72 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 4.13 percent. The average change in earnings estimates over the last 90 days is 4.13 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 2.63 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.89 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 7 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. During this time, 9 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
The growth rate of DOV's earnings is estimated by analysts to be -1.59 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. DOV has a PEG ratio of -13.24.
DOV has a 52-week high of 85.31 and a 52-week low of 65.50. Today's price is 28.18 percent above the 52-week low, and 1.58 percent below the high. DOV has a P/E ratio of 21.05. Investors typically compare the P/E ratio to a company's peers in the industry. The DOV value stock report compares DOV to some of its peers using value stock charts. The market cap of DOV is $13.05 billion. DOV's next earnings release will be on 0000-00-00, which is days away.