Dover Stock Target Price and Analyst Consensus

DOV Stock  USD 168.61  0.89  0.53%   
The current analyst and expert consensus on Dover is Buy with 8 hold recommendations. The current projected Dover target price consensus is 162.33 with 18 analyst opinions. One of the most common ways Dover analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Dover vendors, executives, and/or customers. Dover recommendation module provides expert sentiment on the projected Dover target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Dover to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Dover Stock please use our How to Invest in Dover guide.
Lowest Forecast
147.72
Highest Forecast
180.19
Target Price
162.33
Gross Profit is likely to drop to about 2.1 B in 2024. Pretax Profit Margin is likely to drop to 0.1 in 2024. At this time, Dover's Total Permanent Equity is fairly stable compared to the past year. Additional Paid In Capital is likely to climb to about 1.1 B in 2024, whereas Other Current Liabilities is likely to drop slightly above 513.2 M in 2024.
  
It's important to approach Dover's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Dover price targets

Dover's stock target price is an estimate of its future price, usually made by analysts. Using Dover's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Dover's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Dover's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Dover Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Dover is a key component of Dover valuation and have some predictive power on the future returns of a Dover.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Dover's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
167.47168.57169.67
Details
Intrinsic
Valuation
LowRealHigh
151.75178.97180.07
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.801.912.21
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Dover. Your research has to be compared to or analyzed against Dover's peers to derive any actionable benefits. When done correctly, Dover's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Dover.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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When determining whether Dover is a strong investment it is important to analyze Dover's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dover's future performance. For an informed investment choice regarding Dover Stock, refer to the following important reports:
Check out Macroaxis Advice on Dover to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Dover Stock please use our How to Invest in Dover guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Dover's price analysis, check to measure Dover's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dover is operating at the current time. Most of Dover's value examination focuses on studying past and present price action to predict the probability of Dover's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dover's price. Additionally, you may evaluate how the addition of Dover to your portfolios can decrease your overall portfolio volatility.
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The data published in Dover's official financial statements usually reflect Dover's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Dover. For example, before you start analyzing numbers published by Dover accountants, it's critical to develop an understanding of what Dover's liquidity, profitability, and earnings quality are in the context of the Machinery space in which it operates.
Please note, the presentation of Dover's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Dover's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Dover's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Dover. Please utilize our Beneish M Score to check the likelihood of Dover's management manipulating its earnings.