Dover Corporation delivers equipment and components, specialty systems and support services through four major operating segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. The company was founded in 1947 and is based in Downers Grove, Illinois.
DOV Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for DOV, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that DOVER Corp ranked in the 34th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for DOV, they are:
As a business, DOV is generating more cash flow than 84.89% of positive cash flow stocks in the Industrials.
DOVER Corp's weighted average cost of capital (WACC) is 7%; for context, that number is higher than just 24.17% of tickers in our DCF set.
DOV's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than just 24.17% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as DOV, try SWK, LMB, MNTX, TWI, and DCI.
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]
The Stock Price May Not Firm Up Soon Source Dover Corporation (DOV) faces various moving factors that are pulling its outlook at different directions post-COVID-19. In the current environment, waste handling solutions, solutions related to the pharmaceutical and hygiene industry, and increased adoption of EMV have kept the top line...
Dover (NYSE: DOV) announced today that it will release second quarter 2020 earnings at 6:00 a.m. Central time (7:00 a.m. Eastern time) on Wednesday, July 22, 2020. Later that morning, Dover will host a conference call at 8:00 a.m. Central time (9:00 a.m. Eastern time) to discuss these results.
CPC (Colder Products Company), part of Dover (NYSE: DOV) and maker of a broad range of single-use connectors, has introduced the 1" MPU Series connector for use with high-volume, large-flow fluid transfer in biopharmaceutical manufacturing.