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, which equates to a potential upside of 13.15 percent. The most pessimistic price target was 80, implying potential capital losses of -4.72 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 4.13 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 4.13 percent. Meanwhile, fiscal year estimates have been revised upwards by 2.63 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.89 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 7 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Over the same time period, 9 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
The growth rate of DOV's earnings is estimated by analysts to be -1.59 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 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.
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 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.