Demystifying Dover: Insights From 12 Analyst Reviews

In the last three months, 12 analysts have published ratings on Dover DOV, offering a diverse range of perspectives from bullish to bearish.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Insights from analysts' 12-month price targets are revealed, presenting an average target of $217.33, a high estimate of $236.00, and a low estimate of $200.00. Marking an increase of 3.94%, the current average surpasses the previous average price target of $209.09.

Investigating Analyst Ratings: An Elaborate Study

An in-depth analysis of recent analyst actions unveils how financial experts perceive Dover. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Dover. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Dover compared to the broader market.
• Price Targets: Delving into movements, analysts provide estimates for the future value of Dover's stock. This analysis reveals shifts in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Dover's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on Dover analyst ratings.

Unveiling the Story Behind Dover

Dover Corp., founded in 1955 by George Ohrstrom, has become an industrial behemoth through the acquisition of dozens of esteemed brands. The company organizes itself into five segments through which it designs and manufactures highly engineered components, such as vehicle repair, factory automation, welding, aerospace, fuel dispensing, printing, liquid handling, refrigeration, and can-making equipment. It has operations around the globe but generates over half of its revenue within the United States.

Dover's Financial Performance

Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.

Revenue Growth: Over the 3 months period, Dover showcased positive performance, achieving a revenue growth rate of 1.28% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Dover's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 17.5%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Dover's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 6.28% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): Dover's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.99%, the company showcases efficient use of assets and strong financial health.

Debt Management: Dover's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.59, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

The Significance of Analyst Ratings Explained

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

Breaking: Wall Street's Next Big Mover

Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. Click here for urgent details.

This article was generated by Benzinga's automated content engine and reviewed by an editor.