Dover (NYSE:DOV) Releases FY 2025 Earnings Guidance

Dover (NYSE:DOV) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 9.300-9.500 for the period, compared to the consensus earnings per share 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.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on DOV shares. Oppenheimer reiterated an “outperform” rating and issued a $215.00 price objective (up previously from $210.00) on shares of Dover in a research note on Wednesday, October 16th. Citigroup lowered their price target on shares of Dover from $236.00 to $222.00 and set a “buy” rating for the company in a report on Monday, January 13th. The Goldman Sachs Group raised their price objective on shares of Dover from $202.00 to $223.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Wolfe Research upgraded shares of Dover from a “peer perform” rating to an “outperform” rating and set a $227.00 target price for the company in a research note on Monday, October 28th. Finally, UBS Group assumed coverage on Dover in a research note on Wednesday, November 13th. They issued a “neutral” rating and a $217.00 price target on the stock. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $212.55.

Dover Stock Performance

DOV traded up $10.69 during trading on Thursday, hitting $208.05. 470,687 shares of the stock were exchanged, compared to its average volume of 776,979. The firm has a market capitalization of $28.54 billion, a P/E ratio of 18.65, a PEG ratio of 2.04 and a beta of 1.23. Dover has a 1-year low of $148.45 and a 1-year high of $214.57. The stock has a fifty day moving average price of $195.54 and a two-hundred day moving average price of $190.11. The company has a quick ratio of 1.06, a current ratio of 1.57 and a debt-to-equity ratio of 0.53.

Dover (NYSE:DOV) last released its quarterly earnings results on Thursday, January 30th. The industrial products company reported $2.20 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $2.20. Dover had a return on equity of 23.61% and a net margin of 18.63%. As a group, sell-side analysts predict that Dover will post 8.17 earnings per share for the current year.

Dover Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were paid a dividend of $0.515 per share. The ex-dividend date was Friday, November 29th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 0.99%. Dover’s dividend payout ratio (DPR) is 18.43%.

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.