Dover Stock Target Price and Analyst Consensus

DOV Stock  USD 202.49  4.36  2.20%   
The current analyst and expert consensus on Dover is Strong Buy with 5 hold recommendations. The current projected Dover target price consensus is 162.33 with 17 analyst opinions. One of the most common ways Dover analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Dover vendors, executives, and/or customers. Dover recommendation module provides expert sentiment on the projected Dover target price to derive its highest and lowest estimates based on target price standard deviation of 1.4531.
Lowest Forecast
147.72
Highest Forecast
180.19
Target Price
162.33
Gross Profit is likely to drop to about 2.1 B in 2024. Pretax Profit Margin is likely to drop to 0.1 in 2024. At this time, Dover's Total Permanent Equity is fairly stable compared to the past year. Additional Paid In Capital is likely to climb to about 1.1 B in 2024, whereas Other Current Liabilities is likely to drop slightly above 500.6 M in 2024.
  
It's important to approach Dover's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Dover price targets

Dover's stock target price is an estimate of its future price, usually made by analysts. Using Dover's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Dover's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Dover's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Dover Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Dover is a key component of Dover valuation and have some predictive power on the future returns of a Dover.
Hype
Prediction
LowEstimatedHigh
201.06202.51203.96
Details
Intrinsic
Valuation
LowRealHigh
154.64156.09222.74
Details
Naive
Forecast
LowNextHigh
194.78196.22197.67
Details
Earnings
Estimates (0)
LowProjected EPSHigh
2.032.042.06
Details

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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.