Analysts See $1.22 EPS for Dover Corporation (DOV)

June 15, 2018 - By Dolores Ford

Dover Corporation (NYSE:DOV) LogoInvestors sentiment decreased to 0.84 in 2018 Q1. Its down 0.15, from 0.99 in 2017Q4. It worsened, as 39 investors sold Dover Corporation shares while 214 reduced holdings. 72 funds opened positions while 140 raised stakes. 129.71 million shares or 1.85% less from 132.15 million shares in 2017Q4 were reported.
Nbt National Bank N A New York reported 0.04% in Dover Corporation (NYSE:DOV). 125,165 are owned by Hgk Asset Inc. Thrivent For Lutherans owns 6,501 shares for 0% of their portfolio. Riverhead Ltd Liability Corporation stated it has 0.02% in Dover Corporation (NYSE:DOV). 29,971 were reported by Nomura Asset Management Com. Salem Capital Inc reported 0.14% of its portfolio in Dover Corporation (NYSE:DOV). Cadence Management Ltd Limited Liability Company stated it has 0.04% in Dover Corporation (NYSE:DOV). Sun Life Incorporated has invested 0% of its portfolio in Dover Corporation (NYSE:DOV). 712 are owned by San Francisco Sentry Invest Grp Incorporated (Ca). Aristotle Mngmt Ltd Liability Company holds 0% or 7,170 shares. Magnetar Finance Limited Co holds 11,526 shares. New York-based Tower Capital Ltd Limited Liability Company (Trc) has invested 0.01% in Dover Corporation (NYSE:DOV). Commonwealth National Bank Of Aus has 0.02% invested in Dover Corporation (NYSE:DOV). First City Capital Mngmt accumulated 5,980 shares. Duncker Streett And invested 0.53% in Dover Corporation (NYSE:DOV).

Since February 26, 2018, it had 1 insider buy, and 6 sales for $2.79 million activity. $61,908 worth of Dover Corporation (NYSE:DOV) was bought by Burns Patrick on Friday, March 2. On Friday, March 9 Somasundaram Sivasankaran sold $511,965 worth of Dover Corporation (NYSE:DOV) or 5,000 shares. $336,600 worth of Dover Corporation (NYSE:DOV) shares were sold by Goldberg Paul. The insider WINSTON MARY A sold $197,146. 14,745 Dover Corporation (NYSE:DOV) shares with value of $1.16 million were sold by Kloosterboer Jay L.

Analysts expect Dover Corporation (NYSE:DOV) to report $1.22 EPS on July, 19.They anticipate $0.18 EPS change or 17.31 % from last quarter’s $1.04 EPS. DOV’s profit would be $188.71M giving it 15.59 P/E if the $1.22 EPS is correct. After having $1.16 EPS previously, Dover Corporation’s analysts see 5.17 % EPS growth. The stock decreased 2.22% or $1.73 during the last trading session, reaching $76.06. About 2.99M shares traded or 67.68% up from the average. Dover Corporation (NYSE:DOV) has risen 19.15% since June 15, 2017 and is uptrending. It has outperformed by 6.58% the S&P500.

Dover Corporation (NYSE:DOV) Ratings Coverage

Among 12 analysts covering Dover Corp (NYSE:DOV), 4 have Buy rating, 0 Sell and 8 Hold. Therefore 33% are positive. Dover Corp had 23 analyst reports since January 3, 2018 according to SRatingsIntel. The company was maintained on Monday, April 30 by BMO Capital Markets. The rating was maintained by Stifel Nicolaus with “Hold” on Tuesday, January 16. The company was maintained on Monday, April 30 by Morgan Stanley. The stock has “Overweight” rating by Morgan Stanley on Thursday, February 1. The stock of Dover Corporation (NYSE:DOV) has “Buy” rating given on Wednesday, January 31 by BMO Capital Markets. The rating was maintained by Barclays Capital with “Overweight” on Monday, April 30. Stifel Nicolaus maintained it with “Hold” rating and $102 target in Monday, April 16 report. The firm has “Buy” rating given on Thursday, January 25 by BMO Capital Markets. JP Morgan downgraded the shares of DOV in report on Monday, March 26 to “Neutral” rating. As per Friday, January 12, the company rating was maintained by Susquehanna.

Dover Corporation manufactures and sells a range of equipment and components, specialty systems, software and digital solutions, and support services worldwide. The company has market cap of $11.77 billion. The firm operates in four divisions: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. It has a 14.77 P/E ratio. The Energy segment provides solutions and services for the production and processing of fuels to drilling and production, bearings and compression, and automation end markets.

More news for Dover Corporation (NYSE:DOV) were recently published by: Seekingalpha.com, which released: “Honeywell, Dover among companies exiting Iran presence before sanctions” on June 05, 2018. Seekingalpha.com‘s article titled: “Wall Street Breakfast: ECB Steps Toward Exiting QE” and published on June 06, 2018 is yet another important article.

Dover Corporation (NYSE:DOV) Institutional Positions Chart

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