Exchange: NYSE·Updated 11:43 AM EDT
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DOV Dover Corp.

$187.52
$0.47
(0.25%)
Today
EarningsOct 22
Mkt Cap$25.19B
Vol200,548.00

About DOV

Dover Corp. operates as a manufacturer and solutions provider delivering innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services. It operates through the following segments: Engineered Products, Clean Energy and Fueling, Imaging and Identification, Pumps and Process Solutions, and Climate and Sustainability Technologies. The Engineered Products segment provides various equipment, components, software, solutions and services to the vehicle aftermarket, aerospace and defense, industrial winch and hoist, precision soldering and fluid dispensing end-markets. The Clean Energy and Fueling segment focuses on the components, equipment, software, solutions and services enabling safe and reliable storage, transport and dispensing of traditional and clean fuels, cryogenic gases, and other hazardous substances along the supply chain, and safe and efficient operation of convenience retail, retail fueling and vehicle wash establishments, as well as facilities where cryogenic gases are produced, stored or consumed. The Imaging and Identification segment supplies precision marking and coding, product traceability, brand protection and digital textile printing equipment, as well as related consumables, software and services to the global packaged and consumer goods, pharmaceutical, industrial manufacturing, textile and other end-markets. The Pumps and Process Solutions segment consists of specialty pumps and flow meters, highly engineered precision components for rotating and reciprocating machines, fluid connecting solutions and plastics and polymer processing equipment, serving single-use biopharmaceutical production, diversified industrial manufacturing, chemical production, plastics and polymer processing, midstream and downstream oil and gas and other end markets. The Climate and Sustainability Technologies segment refers to innovative and energy-efficient equipment, components and parts for the commercial refrigeration, equipment and systems, heating and cooling, and beverage can-making equipment markets. The company was founded by George L. Ohrstrom in 1947 and is headquartered in Downers Grove, IL.
55

Bullish Sentiment

How do you feel about DOV?

KryptonResearch14
$DOV Wells Fargo upgraded Dover to a Strong Buy on Thursday, the only Strong Buy rating on the stock. Consensus is a Moderate Buy with an average target of 238.21. The setup is the tape. Dover opened Thursday at 191.81, up about 2%, but it still sits below its 50-day and 200-day moving averages. The 52-week range is 158.97 to 237.54, so the average target implies roughly 24% upside from here. The business side: Q2 revenue was 2.19 billion, up 6.8% year over year, with EPS of 2.74 vs 2.72 expected. Full-year guidance is 10.55 to 10.75 EPS. Zacks upgraded the stock to a Buy on September 18 on rising estimates, ranking it in the top 20% for estimate momentum. Wells is now the outlier on conviction.

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