Stock To Watch: Dover Corporation (NYSE:DOV)


The leading market experts have placed a mean price target of $72.79 on Dover Corporation (NYSE:DOV) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.93 a share for the upcoming quarter and $3.34 for the current fiscal. Technical View The technical analysis of Dover Corporation Common Stock plainly substantiates that the 50-day moving average of Dover Corporation Common Stock is $70.41, and stock is hovering 0.67 or +0.96% distant from $70.41. It is noted that the 200-day MA is $65.16, and Dover Corporation Common Stock stock is $5.92 or +9.09% off from this point. Dover Corporation (NYSE:DOV) 52-week high is $73.58 and the 52-week low is $50.91. This explains if the stock moves $-2.50, it will post a 52-week high. In event of $+39.62% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Dover Corporation Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Dover Corporation (NYSE:DOV) ratio came in at 20.44. The stock last ended the trading session at $71.08 and registered a market cap of $11.03B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Dover Corporation (NYSE:DOV) PEG ratio is at 2.03.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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