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Dover Corp DOV

Morningstar Rating
$143.69 +0.48 (0.34%)
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Company Report

Dover: Dropping Coverage

We will discontinue analyst coverage of Dover on or about Dec. 21. We provide analyst research and ratings on over 1,500 companies globally and periodically adjust our coverage according to investor interest and staffing.

Price vs Fair Value

DOV is trading at a 17% discount.
Price
$143.69
Fair Value
$993.00
Uncertainty
Medium
1-Star Price
$721.70
5-Star Price
$875.90
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Dover is a vastly different business from the days it held Apergy and its returns on invested capital should continue to materially improve and eventually take it to the 20s.

Bears

Dover will struggle to keep up with the pace of innovation in its engineered systems segment, which has inherently shorter product lifecycles.

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News

Trading Information

Previous Close Price
$143.21
Day Range
$142.44143.78
52-Week Range
$127.25158.37
Bid/Ask
$114.49 / $155.00
Market Cap
$20.10 Bil
Volume/Avg
782,051 / 831,398

Key Statistics

Price/Earnings (Normalized)
16.90
Price/Sales
2.39
Dividend Yield
1.41%
Dividend Yield (Forward)
1.42%
Total Yield
1.41%

Company Profile

Dover is a diversified industrial manufacturing company with products and services that include digital printing for fast-moving consuming goods, marking and coding for the food and beverage industry, loaders for the waste collection industry, pumps for the transport of fluids, including petroleum and natural gas, and commercial refrigerators used in groceries and convenience stores. Most of the business operates in the United States. After the spinoff of Apergy, the company operates through five segments: engineered systems, clean energy and fueling solutions, imaging and identification, pumps and process solutions, and climate and sustainability technologies equipment.
Sector
Industrials
Industry
Specialty Industrial Machinery
Stock Style Box
Mid Core
Total Number of Employees
25,000

Competitors

Valuation

Metric
DOV
ITW
IEX
Price/Earnings (Normalized)
16.9025.9924.48
Price/Book Value
4.1624.814.59
Price/Sales
2.394.704.73
Price/Cash Flow
15.0122.5722.68
Price/Earnings
DOV
ITW
IEX

Financial Strength

Metric
DOV
ITW
IEX
Quick Ratio
0.841.042.04
Current Ratio
1.581.583.11
Interest Coverage
10.3916.8516.01
Quick Ratio
DOV
ITW
IEX

Profitability

Metric
DOV
ITW
IEX
Return on Assets (Normalized)
11.07%19.64%11.61%
Return on Equity (Normalized)
26.90%99.66%20.25%
Return on Invested Capital (Normalized)
16.28%29.07%14.59%
Return on Assets
DOV
ITW
IEX

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