2 weeks Ago By Defense World Staff
Dover (NYSE:DOV – Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data before the market opens on Thursday, April 24th. Analysts expect Dover to post earnings of $2.01 per share and revenue of $1.
88 billion for the quarter. Dover has set its FY 2025 guidance at 9.300-9.
500 EPS.Dover (NYSE:DOV – Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The industrial products company reported $2.
20 earnings per share for the quarter, hitting analysts’ consensus estimates of $2.20. Dover had a return on equity of 21.
03% and a net margin of 32.95%. On average, analysts expect Dover to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.
Dover Trading Up 3.5 %NYSE:DOV opened at $163.55 on Wednesday.
Dover has a 12-month low of $143.04 and a 12-month high of $222.31.
The firm has a market cap of $22.42 billion, a PE ratio of 8.41, a price-to-earnings-growth ratio of 2.
06 and a beta of 1.24. The company has a current ratio of 2.
04, a quick ratio of 1.52 and a debt-to-equity ratio of 0.36.
The stock has a fifty day moving average price of $179.01 and a 200 day moving average price of $190.07.
Dover Dividend AnnouncementThe business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a $0.515 dividend.
This represents a $2.06 annualized dividend and a dividend yield of 1.26%.
The ex-dividend date was Friday, February 28th. Dover’s payout ratio is presently 10.59%.
Wall Street Analyst Weigh InSeveral brokerages recently weighed in on DOV. Barclays reduced their target price on shares of Dover from $205.00 to $180.
00 and set an “equal weight” rating on the stock in a report on Thursday, April 10th. Oppenheimer restated an “outperform” rating and issued a $225.00 price objective (up from $220.
00) on shares of Dover in a report on Friday, January 31st. Royal Bank of Canada boosted their target price on shares of Dover from $196.00 to $214.
00 and gave the stock a “sector perform” rating in a research note on Friday, January 31st. StockNews.com cut Dover from a “buy” rating to a “hold” rating in a research note on Wednesday, March 26th.
Finally, Citigroup dropped their price objective on Dover from $244.00 to $201.00 and set a “buy” rating on the stock in a report on Monday, April 14th.
Six analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $208.17.
Get Our Latest Stock Analysis on DoverInstitutional Inflows and OutflowsA hedge fund recently raised its stake in Dover stock. Brighton Jones LLC lifted its holdings in shares of Dover Co. (NYSE:DOV – Free Report) by 62.
1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,944 shares of the industrial products company’s stock after acquiring an additional 1,128 shares during the period. Brighton Jones LLC’s holdings in Dover were worth $552,000 at the end of the most recent reporting period.
Hedge funds and other institutional investors own 84.46% of the company’s stock. Dover Company Profile (Get Free Report)Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide.
The company's Engineered Products segment provides various equipment, component, software, solution, and services that are used in vehicle aftermarket, waste handling, industrial automation, aerospace and defense, industrial winch and hoist, and fluid dispensing end-market.Read MoreFive stocks we like better than DoverAirline Stocks – Top Airline Stocks to Buy NowHow to Invest in Micro-Cap Stocks Like a ProPros And Cons Of Monthly Dividend StocksInvestors Sell Microsoft Stock on OpenAI News—Time to Buy? 3 Ways To Invest In Coffee, Other Than Drinking ItTake-Two Interactive: A Defensive Play Set to Explode.
