Some Facts on Dover Shares

During the afternoon session, Dover moved 2.8%, compared to 0.5% for the S&P 500.

Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. Based in Downers Grove, United States the company has 25,000 full time employees and a market cap of $20,671,336,949. Dover currently offers its equity investors a dividend that yields 1.4% per year.

The company is now trading -2.25% away from its average analyst target price of $150.67 per share. The 15 analysts following the stock have set target prices ranging from $130 to $180, and on average give Dover a rating of buy.

Over the last year, DOV shares have gone down by -15.5%, which represents a difference of -3.9% when compared to the S&P 500. The stock's 52 week high is $171.41 per share and its 52 week low is $114.49. Based on Dover's increasing revenues and average gross margin growth of 1.1% over the last four years, its core business remains strong and the stock price may recover in the long term.

Date Reported Revenue ($ MM) Cost of Revenue ($ MM) Gross Margins (%) YoY Growth (%)
2021-12-31 7,907 4,937 37.56 1.46
2020-12-31 6,684 4,210 37.02 0.79
2019-12-31 7,136 4,515 36.73 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.