Dover Corp. (DOV) Stock Forecast & Predictions

Dover Corp. DOV: $163.54

3005 Highland Pkwy Ste 200, Downers Grove, Illinois, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.dovercorporation.com

  • Market Cap$23.54B
  • Change (52 Weeks)54.20%
  • Low (52 Weeks)$104.34
  • Dover Corp. (DOV) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, Dover Corp. (DOV) stock price is $163.54 and the 52 weeks low is $104.34, which means the Dover Corp. stock price is up 54.20% in the last 12 months.

    Dover Corp. (DOV) Stock Price has been Trending Strongly with an ADX reading of 29.89 as per the Weekly Chart.

    A Upward trend indicates that Dover Corp. (DOV) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that DOV Stock price might rise further, 18.75% indicating that DOV Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall DOV stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Dover Corp. (DOV) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Dover Corp. (DOV) is based on 21 Institutional Analyst Ratings where 38.10% are on Strong Buy, 19.05% on Moderate Buy, 42.86% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 21 Institutional Analysts, majority recommended DOV stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Dover Corp..

    Dover Corp. (DOV) Stock Price Prediction By Analysts


    HighLowAverage
    $205.80$166.65$184.81
    $184.8113% Upside
    Updated: 2021-09-19 00:00:00

    The Average Price target for DOV set by the institutional analysts is $184.81 where High Estimate is $205.80, Median $182.58 and Low $166.65.

    The average price target for DOV by Institutional Analysts is $184.81, which is 13% Upside from the current price. So according to the Institutional Analysts, DOV Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Dover Corp. (DOV) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 478,822 investor portfolio.

    Our algorithm has analysed 478,822 investor portfolio with DOV stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about DOV and holding their positions hoping for a further rise in the stock price and more profit.

    Dover Corp. (DOV) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    RBC CapitalSector PerformMaintained
    Morgan StanleyEqual-WeightMaintained
    Deutsche BankHoldMaintained
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    Deutsche BankHoldMaintained
    Morgan StanleyEqual-WeightMaintained
    Deutsche BankHoldMaintained
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    Deutsche BankHoldMaintained
    Morgan StanleyEqual-WeightMaintained
    BarclaysOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    Wolfe ResearchPeer PerformDowngraded
    Morgan StanleyEqual-WeightDowngraded
    Morgan StanleyOverweightMaintained
    B of A SecuritiesBuyMaintained
    Morgan StanleyOverweightMaintained
    BairdOutperformUpgraded
    Morgan StanleyOverweightMaintained
    RBC CapitalSector PerformMaintained
    Morgan StanleyOverweightMaintained
    BarclaysOverweightMaintained
    Morgan StanleyOverweightMaintained
    Deutsche BankHoldMaintained
    CitigroupBuyMaintained
    Goldman SachsBuyUpgraded
    Morgan StanleyOverweightUpgraded
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    CitigroupBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Deutsche BankHoldMaintained
    Morgan StanleyEqual-WeightMaintained
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    BairdNeutralMaintained
    JP MorganNeutralMaintained
    BairdNeutralMaintained
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    BairdNeutralDowngraded
    BarclaysOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    UBSBuyUpgraded
    Morgan StanleyEqual-WeightDowngraded
    BarclaysOverweightMaintained
    BMO CapitalMarket PerformMaintained
    BarclaysOverweightMaintained
    Deutsche BankHoldMaintained
    Bank of AmericaBuyMaintained
    Stifel NicolausHoldMaintained
    CitigroupBuyUpgraded
    BMO CapitalMarket PerformDowngraded
    UBSNeutralMaintained
    Morgan StanleyOverweightMaintained
    CitigroupNeutralMaintained
    BMO CapitalOutperformMaintained
    BarclaysOverweightMaintained
    CitigroupNeutralMaintained
    BarclaysOverweightMaintained
    Stifel NicolausHoldMaintained
    Morgan StanleyOverweightMaintained
    CitigroupNeutralMaintained
    BMO CapitalOutperformMaintained
    BarclaysOverweightMaintained
    Stifel NicolausHoldMaintained
    JP MorganNeutralDowngraded
    BarclaysOverweightInitiated
    Morgan StanleyOverweightMaintained
    BMO CapitalOutperformMaintained
    UBSNeutralInitiated
    CitigroupNeutralMaintained
    CitigroupNeutralMaintained
    Morgan StanleyOverweightMaintained
    JP MorganOverweightUpgraded
    Morgan StanleyOverweightMaintained
    CitigroupNeutralMaintained
    Seaport GlobalNeutralDowngraded
    BMO CapitalOutperformUpgraded
    Morgan StanleyOverweightUpgraded
    BMO CapitalMarket PerformInitiated
    UBSBuyUpgraded
    Vertical ResearchBuyUpgraded
    CitigroupNeutralMaintained
    BarclaysEqual-WeightMaintained
    SusquehannaNeutralInitiated
    BarclaysEqual-WeightMaintained
    BernsteinOutperformUpgraded
    CitigroupNeutralMaintained
    BairdOutperformUpgraded
    Bank of AmericaBuyUpgraded
    Seaport GlobalNeutralDowngraded
    CitigroupNeutralMaintained
    BarclaysEqual-WeightMaintained
    CitigroupNeutralMaintained
    CitigroupNeutralMaintained
    Credit SuisseOutperformMaintained
    Vertical ResearchHoldDowngraded
    NomuraBuyMaintained
    CitigroupNeutralInitiated
    BarclaysEqual-WeightMaintained
    BernsteinMarket PerformDowngraded
    UBSSellDowngraded
    Goldman SachsNeutralUpgraded
    William BlairMarket PerformDowngraded
    Credit SuisseOutperformMaintained
    OppenheimerPerformInitiated
    SunTrust Robinson HumphreyBuyInitiated
    BarclaysEqual-WeightMaintained
    JP MorganNeutralUpgraded
    BernsteinOutperformUpgraded
    Vertical ResearchBuyUpgraded
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    Deutsche BankHoldUpgraded
    NomuraBuyMaintained
    BMO CapitalOutperformMaintained
    BarclaysEqual-WeightMaintained
    NomuraBuyInitiated
    BarclaysEqual-WeightDowngraded
    BarclaysOverweightMaintained
    JP MorganUnderweightMaintained
    Credit SuisseOutperformMaintained
    BarclaysOverweightMaintained
    JP MorganUnderweightMaintained
    Credit SuisseOutperformMaintained
    BarclaysOverweightMaintained
    JP MorganUnderweightMaintained
    Deutsche BankSellDowngraded
    Bank of AmericaNeutralDowngraded
    Seaport GlobalNeutralDowngraded
    Goldman SachsSellDowngraded
    JP MorganUnderweightDowngraded
    Vertical ResearchSellDowngraded
    RBC CapitalSector PerformInitiated
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseOutperformMaintained
    BarclaysOverweightMaintained
    Bank of AmericaNeutralDowngraded
    BarclaysOverweightMaintained
    JP MorganNeutralMaintained
    Credit SuisseOutperformMaintained
    BarclaysOverweightMaintained
    Stifel NicolausHoldDowngraded
    Credit SuisseOutperformUpgraded
    Goldman SachsNeutralInitiated
    Morgan StanleyEqual-WeightMaintained
    CitigroupHoldMaintained
    Stifel NicolausBuyMaintained
    CitigroupNeutralMaintained
    CitigroupNeutralMaintained
    Morgan StanleyEqual-weightDowngraded
    Global Hunter SecuritiesBuyUpgraded
    Ascendiant CapitalNeutralDowngraded
    NomuraBuyMaintained
    Bank of AmericaBuyUpgraded
    Credit SuisseNeutralMaintained
    Deutsche BankHoldMaintained
    CitigroupNeutralMaintained
    Ascendiant CapitalBuyInitiated
    Morgan StanleyOverweightUpgraded
    BMO CapitalOutperformMaintained
    Credit SuisseNeutralMaintained
    BarclaysOverweightMaintained
    BairdOutperformUpgraded
    CitigroupNeutralMaintained
    Deutsche BankHoldInitiated
    Stifel NicolausBuyMaintained
    CitigroupNeutralInitiated
    BarclaysOverweightUpgraded
    JP MorganNeutralUpgraded
    Morgan StanleyEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    Stifel NicolausBuyMaintained
    Goldman SachsBuyMaintained
    Morgan StanleyEqual-WeightUpgraded
    BMO CapitalOutperformInitiated

    Dover Corp. (DOV) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.743
    The average consensus EPS for DOV is $1.743 with a high estimate of $1.964 and Low of $1.617 for the period 2021-12-31 and based on 16 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $2.06$1.8558752021-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$1.9313222021-09-30
    $2.06$1.8558752021-06-30
    $1.81$1.4670252021-03-31
    $1.55$1.39519380000000022020-12-31
    $1.6$1.33615932020-09-30
    $1.13$0.93481560000000012020-06-30
    $1.39$1.22498862020-03-31
    $1.54$1.46778252019-12-31
    $1.6$1.52894812019-09-30
    $1.56$1.54170442019-06-30
    $1.24$1.11548440000000022019-03-31
    $1.43$1.29957712018-12-31
    $1.36$1.30215262018-09-30
    $1.3$1.22077692018-06-30
    $1.16$1.12722062018-03-31
    $1.84$1.04945060000000012017-12-31
    $1.16$1.13179592017-09-30
    $1.04$1.01683772017-06-30
    $1.09$0.61354469999999992017-03-31
    $1.03$0.96199470000000012016-12-31
    $0.83$0.82999782016-09-30
    $0.76$0.85975242016-06-30
    $0.52$0.60583842016-03-31
    $0.81$0.75021792015-12-31
    $1.14$1.07924562015-09-30
    $0.97$1.00340472015-06-30
    $0.72$0.71383772015-03-31
    $1.01$0.95336930000000012014-12-31
    $1.35$1.32576642014-09-30
    $1.29$1.28901250000000012014-06-30
    $1.01$1.02407942014-03-31
    $1.28$1.29336562013-12-31
    $1.54$1.51168720000000012013-09-30
    $1.36$1.29835500000000012013-06-30
    $1.1$1.08799220000000022013-03-31
    $1.09$1.08204329999999982012-12-31
    $1.32$1.287752012-09-30
    $1.15$1.13841142012-06-30
    $1.05$1.03236142012-03-31
    $1.12$1.04198672011-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).