Dover Stock Buy Hold or Sell Recommendation
| DOV Stock | USD 205.56 0.82 0.40% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Dover is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Dover given historical horizon and risk tolerance towards Dover. When Macroaxis issues a 'buy' or 'sell' recommendation for Dover, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Dover Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Dover Stock please use our How to Invest in Dover guide. Note, we conduct extensive research on individual companies such as Dover and provide practical buy, sell, or hold advice based on investors' constraints. Dover. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Dover |
Execute Dover Buy or Sell Advice
The Dover recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Dover. Macroaxis does not own or have any residual interests in Dover or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Dover's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Dover Trading Alerts and Improvement Suggestions
| Over 87.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from thelincolnianonline.com: Dover Reaches New 1-Year High Still a Buy |
Dover Returns Distribution Density
The distribution of Dover's historical returns is an attempt to chart the uncertainty of Dover's future price movements. The chart of the probability distribution of Dover daily returns describes the distribution of returns around its average expected value. We use Dover price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Dover returns is essential to provide solid investment advice for Dover.
| Mean Return | 0.20 | Value At Risk | -1.9 | Potential Upside | 2.20 | Standard Deviation | 1.44 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Dover historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Dover Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Dover, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Dover back and forth among themselves.
| Shares | Wells Fargo & Co | 2024-06-30 | 2.2 M | Wellington Management Company Llp | 2024-06-30 | 2 M | Boston Partners Global Investors, Inc | 2024-09-30 | 1.8 M | Macquarie Group Ltd | 1.7 M | Fisher Asset Management, Llc | 2024-09-30 | 1.6 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.6 M | Norges Bank | 2024-06-30 | 1.5 M | Northern Trust Corp | 2024-09-30 | 1.5 M | Citadel Advisors Llc | 2024-09-30 | 1.2 M | Vanguard Group Inc | 2024-09-30 | 16.2 M | Jpmorgan Chase & Co | 2024-06-30 | 10.9 M |
Dover Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (56.9M) | 10.5M | (297.6M) | (199.0M) | 145.5M | 152.7M | |
| Change In Cash | 1.0M | 115.8M | (127.6M) | (4.6M) | 35.0M | 36.7M | |
| Free Cash Flow | 758.5M | 939.1M | 944.4M | 584.8M | 1.1B | 611.2M | |
| Depreciation | 272.3M | 279.1M | 290.1M | 307.5M | 317.5M | 244.3M | |
| Other Non Cash Items | 61.0M | 629K | (172.4M) | 15.2M | (19.9M) | (20.9M) | |
| Dividends Paid | 282.2M | 284.3M | 286.9M | 287.6M | 284.3M | 180.3M | |
| Capital Expenditures | 186.8M | 165.7M | 171.5M | 221.0M | 192.6M | 200.5M | |
| Net Income | 677.9M | 683.5M | 1.1B | 1.1B | 1.1B | 596.0M | |
| End Period Cash Flow | 397.3M | 513.1M | 385.5M | 380.9M | 415.9M | 428.8M | |
| Change To Netincome | 29.5M | 12.5M | (189.6M) | 11.3M | 10.2M | 10.7M | |
| Investments | (384.3M) | (481.4M) | (992.8M) | (540.9M) | (275.1M) | (288.9M) | |
| Change Receivables | (7.9M) | 122.4M | (201.5M) | (209.0M) | (188.1M) | (178.7M) | |
| Net Borrowings | (93.3M) | (84.7M) | 105M | 629.9M | 566.9M | 595.2M |
Dover Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Dover or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Dover's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Dover stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 1.37 | |
σ | Overall volatility | 1.44 | |
Ir | Information ratio | 0.05 |
Dover Volatility Alert
Dover has relatively low volatility with skewness of 0.5 and kurtosis of 2.1. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Dover's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Dover's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Dover Fundamentals Vs Peers
Comparing Dover's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Dover's direct or indirect competition across all of the common fundamentals between Dover and the related equities. This way, we can detect undervalued stocks with similar characteristics as Dover or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Dover's fundamental indicators could also be used in its relative valuation, which is a method of valuing Dover by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Dover to competition |
| Fundamentals | Dover | Peer Average |
| Return On Equity | 0.29 | -0.31 |
| Return On Asset | 0.0785 | -0.14 |
| Profit Margin | 0.18 % | (1.27) % |
| Operating Margin | 0.18 % | (5.51) % |
| Current Valuation | 31.09 B | 16.62 B |
| Shares Outstanding | 137.19 M | 571.82 M |
| Shares Owned By Insiders | 0.43 % | 10.09 % |
| Shares Owned By Institutions | 87.05 % | 39.21 % |
| Number Of Shares Shorted | 1.32 M | 4.71 M |
| Price To Earning | 17.76 X | 28.72 X |
| Price To Book | 4.93 X | 9.51 X |
| Price To Sales | 3.31 X | 11.42 X |
| Revenue | 8.44 B | 9.43 B |
| Gross Profit | 3.07 B | 27.38 B |
| EBITDA | 1.37 B | 3.9 B |
| Net Income | 1.06 B | 570.98 M |
| Cash And Equivalents | 380.87 M | 2.7 B |
| Cash Per Share | 2.18 X | 5.01 X |
| Total Debt | 3.68 B | 5.32 B |
| Debt To Equity | 0.91 % | 48.70 % |
| Current Ratio | 1.17 X | 2.16 X |
| Book Value Per Share | 41.53 X | 1.93 K |
| Cash Flow From Operations | 1.34 B | 971.22 M |
| Short Ratio | 1.30 X | 4.00 X |
| Earnings Per Share | 11.02 X | 3.12 X |
| Price To Earnings To Growth | 1.45 X | 4.89 X |
| Target Price | 211.84 | |
| Number Of Employees | 25 K | 18.84 K |
| Beta | 1.22 | -0.15 |
| Market Capitalization | 28.09 B | 19.03 B |
| Total Asset | 11.35 B | 29.47 B |
| Retained Earnings | 11 B | 9.33 B |
| Working Capital | 890.4 M | 1.48 B |
Note: Disposition of 1000 shares by Girish Juneja of Dover at 201.62 subject to Rule 16b-3 [view details]
Dover Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Dover . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 6320.67 | |||
| Daily Balance Of Power | 0.3191 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 206.47 | |||
| Day Typical Price | 206.16 | |||
| Price Action Indicator | (0.50) | |||
| Period Momentum Indicator | 0.82 | |||
| Relative Strength Index | 67.06 |
About Dover Buy or Sell Advice
When is the right time to buy or sell Dover? Buying financial instruments such as Dover Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Dover in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Services Thematic Idea Now
Services
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Services Theme or any other thematic opportunities.
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Additional Tools for Dover Stock Analysis
When running Dover's price analysis, check to measure Dover's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dover is operating at the current time. Most of Dover's value examination focuses on studying past and present price action to predict the probability of Dover's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dover's price. Additionally, you may evaluate how the addition of Dover to your portfolios can decrease your overall portfolio volatility.