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Dover Corp Stock Research

DOV

137.03USD+1.81(+1.34%)Market Closed

Market Summary

USD137.03+1.81
Market Closed
1.34%

DOV Stock Price

DOV RSI Chart

DOV Valuation

Market Cap

19.2B

Price/Earnings (Trailing)

17.93

Price/Sales (Trailing)

2.24

EV/EBITDA

10.82

Price/Free Cashflow

23.81

DOV Price/Sales (Trailing)

DOV Profitability

Return on Equity

24.85%

Return on Assets

9.78%

Free Cashflow Yield

4.2%

DOV Fundamentals

DOV Revenue

Revenue (TTM)

8.5B

Revenue Y/Y

1.32%

Revenue Q/Q

-2.81%

DOV Earnings

Earnings (TTM)

1.1B

Earnings Y/Y

1.07%

Earnings Q/Q

-13.28%

Price Action

52 Week Range

113.69160.11
(Low)(High)

Last 7 days

-1.8%

Last 30 days

-2.7%

Last 90 days

-7.3%

Trailing 12 Months

4.5%

DOV Financial Health

Current Ratio

1.23

Debt/Equity

0.66

Debt/Cashflow

0.28

DOV Investor Care

Dividend Yield

1.47%

Dividend/Share (TTM)

2.02

Buy Backs (1Y)

3.01%

Diluted EPS (TTM)

7.5

Peers (Alternatives to Dover)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
118.3B
61.7B
-2.03% 0.80%
17.64
1.99
17.14% 3.25%
106.3B
55.7B
-4.64% 3.17%
12.98
1.91
25.13% 45.08%
33.1B
30.1B
-6.67% 6.52%
15.16
1.18
23.97% 0.88%
19.2B
8.5B
-2.68% 4.52%
17.93
2.24
5.49% -4.42%
MID-CAP
10.0B
313.9M
11.27% 30.71%
21.37
31.88
-83.74% 42.51%
9.5B
4.2B
9.88% 15.61%
19.25
2.29
6.47% -9.04%
8.6B
12.7B
-6.66% -7.39%
8.82
0.68
13.58% 8.06%
3.1B
4.4B
9.34% 39.29%
10.4
0.71
13.66% 35.81%
3.4B
2.2B
0.50% -11.90%
25.73
1.51
15.97% 11.71%
2.1B
2.1B
2.70% -6.33%
16.64
1
2.98% -10.34%
SMALL-CAP
1.1B
935.8M
11.65% 23.03%
23.01
1.14
11.48% 69.08%
858.5M
3.7B
-1.92% 36.32%
-11.59
0.24
17.31% 88.95%
669.6M
596.0M
0.03% -3.69%
22.77
1.12
10.23% 12.93%
525.4M
2.1B
-1.25% 18.56%
-4.77
0.25
14.08% -740.70%

Financials for Dover

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue0.3%8,5358,5088,3588,2188,091
Gross Profit0.1%3,0673,0643,0193,0012,991
  S&GA Expenses-0.7%1,6731,6841,7091,7201,723
EBITDA0.2%1,8061,802---
EBITDA Margin-1.3%0.22*0.22*---
EBT Margin-1.5%0.17*0.17*---
Interest Expenses6.6%124116110106106
Net Income0.2%1,0681,0651,1651,1421,117
Net Income Margin-10.1%0.13*0.14*0.14*0.14*-
Free Cahsflow1.2%585578682772-
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets-0.8%10,80510,89710,65210,80710,501
  Current Assets-3.1%3,3163,4233,3773,5913,232
    Cash Equivalents-28.5%272381306515290
  Inventory2.8%1,4051,3671,4081,3821,322
  Net PPE0.7%1,0121,005959964960
  Goodwill0.2%4,6814,6694,5321534,526
  Current Liabilities-9.5%2,5082,7732,8892,5482,247
.    Short Term Borrowings-30.1%515736789--
  Long Term Debt-3.2%2,8432,9362,982--
    LT Debt, Non Current0.6%2,9612,9432,8432,9362,982
Shareholder's Equity4.1%4,4614,2863,9914,3894,330
  Retained Earnings-10,223----
  Additional Paid-In Capital-868----
Shares Outstanding-1.9%140143144144-
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations27.0%1,023806794881962
  Share Based Compensation3.8%32.0031.0031.0031.0031.00
Cashflow From Investing0.6%-537-540-1,108-957-1,010
Cashflow From Financing-88.9%-491-260-108-4.43-200
  Dividend Payments-0.5%286288289288288
  Buy Backs0%58558585.000.00-

Risks for DOV

What is the probability of a big loss on DOV?

57.3%


Probability that Dover stock will be more than 20% underwater in next one year

31.1%


Probability that Dover stock will be more than 30% underwater in next one year.

18.5%


Probability that Dover stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does DOV drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Dover was unfortunately bought at previous high price.

Drawdowns

Returns for DOV

Cumulative Returns on DOV

12.1%


10-Year Cumulative Returns

16.4%


7-Year Cumulative Returns

13.6%


5-Year Cumulative Returns

14.8%


3-Year Cumulative Returns

What are the long-term rolling returns for DOV?

FIve years rolling returns for Dover.

Annualized Returns

Which funds bought or sold DOV recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-24
Old North State Trust, LLC
added
3.00
6,000
47,000
0.03%
2023-05-23
Toroso Investments, LLC
added
118
659,000
1,114,000
0.02%
2023-05-23
Front Row Advisors LLC
added
46.51
4,000
10,000
-%
2023-05-23
Brookfield Corp /ON/
reduced
-16.53
-455,261
6,722,280
0.03%
2023-05-22
Raleigh Capital Management Inc.
added
7.71
43,215
250,534
0.12%
2023-05-22
American Trust
reduced
-7.34
109,029
2,852,980
0.20%
2023-05-22
FDx Advisors, Inc.
unchanged
-
-
479,000
0.02%
2023-05-22
AMERIPRISE FINANCIAL INC
added
8.58
6,877,820
38,368,800
0.01%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
reduced
-2.79
2,663,000
32,008,000
0.04%
2023-05-18
SkyView Investment Advisors, LLC
new
-
-
-
-%

1–10 of 46

Latest Funds Activity

Are funds buying DOV calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own DOV
No. of Funds

Dover News

Nasdaq
Guru Fundamental Report for DOV - Peter Lynch.
Nasdaq,
16 hours ago
Marketscreener.com

Schedule 13G FIlings of Dover

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 06, 2023
jpmorgan chase & co
10.0%
14,019,056
SC 13G/A
Feb 09, 2023
vanguard group inc
11.88%
16,671,320
SC 13G/A
Jan 31, 2023
blackrock inc.
7.0%
10,071,936
SC 13G/A
Jan 20, 2023
jpmorgan chase & co
9.1%
12,861,359
SC 13G/A
Feb 09, 2022
vanguard group inc
11.58%
16,671,379
SC 13G/A
Feb 09, 2022
state street corp
4.86%
7,002,476
SC 13G/A
Feb 01, 2022
blackrock inc.
7.4%
10,713,313
SC 13G/A
Jan 10, 2022
jpmorgan chase & co
7.8%
11,268,963
SC 13G/A
Feb 12, 2021
boston partners
2.91%
4,196,019
SC 13G/A
Feb 10, 2021
vanguard group inc
11.15%
16,069,537
SC 13G/A

DOV Fair Value

Dover fair value in different scenarios

The table shows the Fair Value estimates for Dover for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

69.52

-49.27%

83.65

-38.95%

107.66

-21.43%

164.54

20.08%

205.14

49.70%
Current Inflation

64.34

-53.05%

76.50

-44.17%

96.83

-29.34%

144.80

5.67%

178.92

30.57%
Very High Inflation

57.85

-57.78%

67.73

-50.57%

83.86

-38.80%

121.76

-11.14%

148.61

8.45%

Historical Dover Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Dover

View All Filings
Date Filed Form Type Document
May 10, 2023
8-K
Current Report
Apr 26, 2023
10-Q
Quarterly Report
Apr 26, 2023
8-K
Current Report
Apr 18, 2023
DEFA14A
DEFA14A
Apr 11, 2023
8-K
Current Report
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading

Latest Insider Trading transactions for DOV

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-15
Moran James M
sold (taxes)
-12,612
140
-90.00
vice president and treasurer
2023-03-15
Juneja Girish
sold (taxes)
-35,595
140
-254
svp and chief digital officer
2023-03-15
Tobin Richard J
sold (taxes)
-795,715
140
-5,678
ceo and president
2023-03-15
BORS KIMBERLY K
sold (taxes)
-30,830
140
-220
svp, human resources
2023-03-15
Paulson Ryan
sold (taxes)
-12,612
140
-90.00
vp, controller
2023-03-15
Malinas David J.
sold (taxes)
-29,149
140
-208
svp, operations
2023-03-15
Cabrera Ivonne M
sold (taxes)
-76,376
140
-545
svp and general counsel
2023-03-15
Cerepak Brad M
sold (taxes)
-215,816
140
-1,540
senior vice president and cfo
2023-03-15
Kosinski Anthony K
sold (taxes)
-14,574
140
-104
vice president, tax
2023-03-13
Cerepak Brad M
sold
-5,009,640
143
-34,972
senior vice president and cfo

1–10 of 50

Richard J. Tobin
25000
Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The Engineered Products segment provides various equipment, component, software, solution, and services that are used in aftermarket vehicle service, solid waste handling, industrial automation, aerospace and defense, industrial winch and hoist, and fluid dispensing end-market. This segment also offers manual and power clamp, rotary and linear mechanical indexer, conveyor, pick and place unit, glove port, and manipulator, as well as end-of-arm robotic gripper, slide, and end effector. Its Clean Energy & Fueling segment offers component, equipment, and software and service solution enabling safe transport of traditional and clean fuel, and other hazardous substance along with supply chain, as well as operation of convenience retail, retail fueling, and vehicle wash establishment. The Imaging and Identification segment provides precision marking and coding; packaging intelligence; product traceability equipment; brand protection; and digital textile printing equipment, as well as related consumable, software, and service to packaged and consumer good, pharmaceutical, industrial manufacturing, fashion and apparel, and other end-market. Its Pumps and Process Solutions segment manufactures specialty pump, connector, and flow meter, fluid connecting solution, plastics and polymer processing equipment, and engineered components for rotating and reciprocating machines. The Climate & Sustainability Technologies segment manufactures refrigeration system, refrigeration display case, commercial glass refrigerator and freezer door, and brazed plate heat exchanger for industrial heating and cooling, and residential climate control applications. It sells its products directly and through a network of distributors. The company was incorporated in 1947 and is headquartered in Downers Grove, Illinois.

DOV Income Statement

2023-03-31
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]  
Revenue$ 2,079,023$ 2,051,901
Cost of goods and services1,332,0041,308,707
Gross profit747,019743,194
Selling, general and administrative expenses432,414443,843
Operating earnings314,605299,351
Interest expense34,21426,552
Interest income(2,091)(775)
Other income, net(3,808)(2,129)
Earnings before provision for income taxes286,290275,703
Provision for income taxes57,71649,550
Net earnings$ 228,574$ 226,153
Net earnings per share:  
Basic (in dollars per share)$ 1.64$ 1.57
Diluted (in dollars per share)$ 1.63$ 1.56
Weighted average shares outstanding:  
Basic (in shares)139,757144,087
Diluted (in shares)140,616145,329

DOV Balance Sheet

2023-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 272,426$ 380,868
Receivables, net1,460,9701,516,871
Inventories, net1,405,4161,366,608
Prepaid and other current assets177,038159,118
Total current assets3,315,8503,423,465
Property, plant and equipment, net1,011,7071,004,825
Goodwill4,680,7134,669,494
Intangible assets, net1,301,6961,333,735
Other assets and deferred charges494,679465,000
Total assets10,804,64510,896,519
Current liabilities:  
Short-term borrowings514,567735,772
Accounts payable1,039,1621,068,144
Accrued compensation and employee benefits191,687269,785
Deferred revenue285,209256,933
Accrued insurance94,57392,876
Other accrued expenses320,435318,337
Federal and other income taxes62,86031,427
Total current liabilities2,508,4932,773,274
Long-term debt2,961,3622,942,513
Deferred income taxes358,831375,150
Noncurrent income tax payable44,31344,313
Other liabilities471,085474,903
Stockholders' equity:  
Total stockholders' equity4,460,5614,286,366
Total liabilities and stockholders' equity$ 10,804,645$ 10,896,519