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 highest price target was 95, implying a possible profit of 13.15 percent. The lowest price target was 80, which equates to a potential downside of -4.72 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates upwards for this quarter, by about 4.13 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 4.13 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 2.63 percent. If we look at the last 90 days instead, we find a net average change of 3.89 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 7 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 9 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
Analysts estimate earnings of DOV to grow at a rate of -1.59 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of DOV is -13.24.
In the trailing 52-weeks, DOV hit 85.31 at the highest peak, while it's lowest trading point was 65.50. Today's price is 28.18 percent above the 52-week low, and 1.58 percent below the high. DOV has a price/earnings 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 stock has a market capitalization of $13.05 billion. DOV will post this quarters earnings in days, on 0000-00-00.