William Spurgeon - Dover CEO

DOV Stock  USD 177.22  2.44  1.40%   

CEO

Mr. William W. Spurgeon, Jr., serves as Vice President, President and Chief Executive Officer Dover Fluids of the Company. He was Vice President of Dover and President and Chief Executive Officer of Dover Fluids prior thereto President and Chief Executive Officer of Dover Engineered Systems prior thereto President and Chief Executive Officer of Dover Energy prior thereto President and Chief Executive Officer of Dover Fluid Management. since 2013.
Age 59
Tenure 11 years
Address 3005 Highland Parkway, Downers Grove, IL, United States, 60515
Phone630 541 1540
Webhttps://www.dovercorporation.com

Dover Management Efficiency

The company has Return on Asset of 0.0797 % which means that on every $100 spent on assets, it made $0.0797 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.225 %, implying that it generated $0.225 on every 100 dollars invested. Dover's management efficiency ratios could be used to measure how well Dover manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Dover's Return On Capital Employed is fairly stable compared to the past year. Return On Assets is likely to climb to 0.1 in 2024, whereas Return On Equity is likely to drop 0.14 in 2024. At this time, Dover's Non Currrent Assets Other are fairly stable compared to the past year. Return On Assets is likely to climb to 0.1 in 2024, whereas Non Current Assets Total are likely to drop slightly above 4.3 B in 2024.
The company has 3.68 B in debt with debt to equity (D/E) ratio of 0.91, which is OK given its current industry classification. Dover has a current ratio of 1.15, demonstrating that it is not liquid enough and may have problems paying out its financial commitments when the payables are due. Debt can assist Dover until it has trouble settling it off, either with new capital or with free cash flow. So, Dover's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Dover sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Dover to invest in growth at high rates of return. When we think about Dover's use of debt, we should always consider it together with cash and equity.

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Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The company was incorporated in 1947 and is headquartered in Downers Grove, Illinois. Dover Corp operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 25000 people. Dover (DOV) is traded on New York Stock Exchange in USA. It is located in 3005 Highland Parkway, Downers Grove, IL, United States, 60515 and employs 25,000 people. Dover is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Dover Leadership Team

Elected by the shareholders, the Dover's board of directors comprises two types of representatives: Dover inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Dover. The board's role is to monitor Dover's management team and ensure that shareholders' interests are well served. Dover's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Dover's outside directors are responsible for providing unbiased perspectives on the board's policies.
JeanPierre Ergas, Independent Director
Michael Zhang, Vice President and Presidentident, Asia
Robert Cremin, Independent Chairman of the Board
Robert Livingston, CEO and President and Director
James Moran, Vice President Treasurer
Kevin Buchanan, Vice President - Taxation
William Johnson, VP, CEO of The Refrigeration and Food Equipment Segments and President of The Refrigeration and Food Equipment Segments
Bernard Rethore, Independent Director
Raymond McKay, Vice President Controller
Keith Wandell, Independent Director
Kristiane Graham, Independent Director
Ivonne Cabrera, Senior Vice President General Counsel, Secretary
Patrick Burns, Senior Vice President Strategy
Adrian Sakowicz, Vice Communications
Brad Cerepak, Chief Financial Officer, Senior Vice President
Jay Kloosterboer, Senior Vice President - Human Resources
William Bosway, Vice President of Dover and Presidentident and CEO- Dover Refrigeration & Food Equipment
Stephen Wagner, Independent Director
Clenon Fincher, Vice President
Brian Moore, Vice President Treasurer
Kimberly Bors, Senior Vice President - Human Resources
Paul Goldberg, Vice President - Investor Relations
Ryan Paulson, Vice President Controller
Deborah DeHaas, Independent Director
Stephen Todd, Independent Director
Peter Francis, Independent Director
Eric Spiegel, Independent Director
William Spurgeon, Vice President, President and Chief Executive Officer - Dover Fluids
Sandra Arkell, Vice President Controller
Richard Tobin, President, Chief Executive Officer, Director
Mary Winston, Independent Director
H Gilbertson, Independent Director
Stephen Sellhausen, Sr. VP of Corporate Devel. and Strategy
Sivasankaran Somasundaram, Vice President and President & CEO of the Energy Segment
David Malinas, Senior Vice President - Operations
Karl Buscher, President Group
Andrey Galiuk, Vice Relations
Carrie Anderson, Principal Accounting Officer, Vice President Controller
Richard Lochridge, Independent Director
Russell Toney, Senior Vice President - Global Sourcing
Anthony Kosinski, Vice President - Tax
Michael Johnston, Independent Chairman of the Board
Michael Stubbs, Independent Director
Stephen Kennon, Senior Vice President
John Gilbertson, Independent Director
Girish Juneja, Chief Digital Officer, Senior Vice President
Jack Dickens, Senior Director of Investor Relations

Dover Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Dover a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Dover Investors Sentiment

The influence of Dover's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Dover. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Dover's public news can be used to forecast risks associated with an investment in Dover. The trend in average sentiment can be used to explain how an investor holding Dover can time the market purely based on public headlines and social activities around Dover. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Dover's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Dover's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Dover's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Dover.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dover in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dover's short interest history, or implied volatility extrapolated from Dover options trading.

Pair Trading with Dover

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dover position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dover will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Dover could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dover when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dover - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dover to buy it.
The correlation of Dover is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dover moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dover moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dover can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dover. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Dover Stock please use our How to Invest in Dover guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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Is Dover's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dover. If investors know Dover will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dover listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.128
Dividend Share
2.03
Earnings Share
7.52
Revenue Per Share
60.338
Quarterly Revenue Growth
(0.02)
The market value of Dover is measured differently than its book value, which is the value of Dover that is recorded on the company's balance sheet. Investors also form their own opinion of Dover's value that differs from its market value or its book value, called intrinsic value, which is Dover's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dover's market value can be influenced by many factors that don't directly affect Dover's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dover's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dover is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dover's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.