Dover (NYSE:DOV) Updates FY 2025 Earnings Guidance

Dover (NYSE:DOV) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 9.300-9.500 for the period, compared to the consensus EPS estimate of 9.310. The company issued revenue guidance of $7.9 billion-$8.1 billion, compared to the consensus revenue estimate of $8.1 billion.

Dover Trading Down 0.3 %

DOV stock traded down $0.68 during midday trading on Friday, reaching $204.75. 93,551 shares of the company’s stock traded hands, compared to its average volume of 815,445. Dover has a fifty-two week low of $148.45 and a fifty-two week high of $214.57. The business has a 50-day moving average price of $195.60 and a two-hundred day moving average price of $190.22. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.57 and a quick ratio of 1.06. The company has a market capitalization of $28.09 billion, a P/E ratio of 18.28, a PEG ratio of 2.03 and a beta of 1.23.

Dover (NYSE:DOV) last announced its quarterly earnings data on Thursday, January 30th. The industrial products company reported $2.20 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.20. Dover had a return on equity of 23.61% and a net margin of 18.63%. Equities research analysts forecast that Dover will post 8.17 EPS for the current fiscal year.

Dover Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were paid a $0.515 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $2.06 annualized dividend and a dividend yield of 1.01%. Dover’s dividend payout ratio is currently 18.43%.

Analyst Upgrades and Downgrades

DOV has been the topic of several recent research reports. Barclays upped their price target on Dover from $205.00 to $213.00 and gave the stock an “equal weight” rating in a research note on Friday. UBS Group started coverage on Dover in a research note on Wednesday, November 13th. They set a “neutral” rating and a $217.00 price target on the stock. Oppenheimer reissued an “outperform” rating and issued a $215.00 target price (up previously from $210.00) on shares of Dover in a research note on Wednesday, October 16th. Wolfe Research upgraded Dover from a “peer perform” rating to an “outperform” rating and set a $227.00 price target on the stock in a research report on Monday, October 28th. Finally, The Goldman Sachs Group raised their price objective on shares of Dover from $202.00 to $223.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $213.27.

Dover Company Profile

Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The company's Engineered Products segment provides various equipment, component, software, solution, and services that are used in vehicle aftermarket, waste handling, industrial automation, aerospace and defense, industrial winch and hoist, and fluid dispensing end-market.