How to Buy Dover Stock
Dover Corp
Dover is a specialty industrial machinery company located in Illinois, United States, which is part of the Industrials sector, and is traded under the ticker DOV on the NYSE exchange.
Dover stock last closed at $198.71, down 0.22% from the previous day, and has increased 34.25% in one year. It has overperformed other stocks in the Specialty Industrial Machinery industry by 0.09 percentage points. Dover stock is currently +33.86% from its 52-week low of $148.45, and -4.59% from its 52-week high of $208.26.
At the moment, there are 137.19M shares of DOV outstanding. The market cap of DOV is $27.26B. In the past 24 hours, 589,009 DOV shares were traded.
How to Buy Dover Stock
Not sure how to invest in Dover stock? Here's how.
- Decide where to buy Dover stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Dover stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Select your method of payment and add your details.
- Analyze Dover stock: The Dover ticker symbol is DOV. Is Dover stock a good investment? Should you buy shares of DOV? How do DOV's underlying business fundamentals look? Do top analysts think Dover is a good buy? Why has DOV's stock price moved recently? (Hint: Our stock market research tools can help you figure out if DOV is a good stock to buy).
- Place your DOV purchase: Decide if you will purchase DOV shares at the current market price or use a limit order to buy DOV stock at a specific price.
- Track your DOV investment: Create a watchlist to important updates regarding your new investment in Dover stock.
Step 1: Decide where to buy Dover stock
You need a brokerage account in order to access the NYSE market and buy DOV stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal details so you can buy DOV stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start a new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've filled out your info on a mobile trading app, you need to deposit funds:
Check out the video below to see the process of transferring funds into your new investment account.
Step 4: Analyze Dover stock
Once you have identified the best place to buy Dover stock, it's critical to analyze their stock prior to buying, so you actually understand the risk as well as the upside.
Dover stock at a glance
DOV Fundamentals
WallStreetZen was designed to help part-time investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on DOV's stock page.
What is the fair value of DOV stock?
Analysts use many financial metrics, analyses, models, and charts to gauge DOV's true value.
Using relative valuations methods:
- DOV could be undervalued based on its P/E ratio of 17.66x, relative to Specialty Industrial Machinery industry P/E ratio of 29.37x
- DOV may be undervalued based on its P/B ratio of 4.78x, relative to Specialty Industrial Machinery industry P/B ratio of 5.78x
You can do more valuation research on DOV's stock here.
DOV Financial Health Overview
Passed Financial Due Diligence Checks:
- DOV profit margin has gone up from 12.4% to 18.6% in the past year.
- Total DOV debt is lower than 5 years ago, relative to shareholder equity.
- DOV earnings of $2.04B is not sufficient to cover its interest payments.
- DOV's operating cash flow of $1.17B allows it to safely service it's debt of $3.39B.
- There are more short-term assets than short-term liabilities on the DOV balance sheet.
Failed Financial Due Diligence Checks:
- DOV has a relatively high debt to equity ratio of 1.09.
- There are more long-term liabilities than short-term assets on the DOV balance sheet.
Do Wall Street analysts think it's a good time to buy DOV stock
Out of 11 Equities analysts who give forecasts on DOV, the consensus analyst rating on Dover is a Buy
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
Latest DOV Analyst Ratings
Amit Mehrotra, a top 19% analyst from UBS initiates coverage on DOV with a hold rating and announces their DOV price target of $217.00, on Nov 13, 2024.
Nigel Coe, a top 22% analyst from Wolfe Research upgrades DOV to a buy rating and announces their DOV price target of $227.00, on Oct 28, 2024.
Brett Linzey, a top 5% analyst from Mizuho maintains DOV with a buy rating and raises their DOV price target from $200.00 to $220.00, on Oct 17, 2024.
Bryan Blair, a top 7% analyst from Oppenheimer reiterates DOV with a buy rating and raises their DOV price target from $210.00 to $215.00, on Oct 16, 2024.
Deane Dray, a top 6% analyst from RBC Capital maintains DOV with a hold rating and raises their DOV price target from $192.00 to $193.00, on Jul 26, 2024.
You can dive deeper into what analysts are projecting on the Dover stock forecast page.
DOV Momentum
DOV Performance Metrics
Last year, DOV earnings were $1.56B. During the past five year, DOV's earnings have gone up by 20.27% per year. This was faster than the Specialty Industrial Machinery industry average of 10.62%.
Last year, DOV revenue was $8.36B. During the last 5 year, DOV's revenue has gone up by 3.12% per year. This was slower than the Specialty Industrial Machinery industry average of 4.74%.
Find out more about DOV's earnings and revenue performance here.
Who is buying/selling DOV?
Over the last 12 months, executives and large shareholders at DOV have sold more shares than they have bought.
Deborah L. Dehaas, Director of DOV, was the latest DOV insider to buy. They bought $175,026.60 worth of DOV shares on Nov 15, 2024.
Learn more about who owns DOV shares here.
Does DOV provide a stable income stream?
Dover pays a dividend of 0.77%, compared to the Specialty Industrial Machinery industry's average dividend yield of 1.09%. If you owned $1,000 of DOV stock, you would have received $7.75 in the past year.
Dover dividend payments have consistently grown over the past decade and have remained stable.
Dig into more data about Dover dividend yield and history here.
What others are saying about DOV
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your DOV purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually fine. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount limit, use a limit order.
Hit the Open Trade button and your broker will place the order.
If you want additional assistance investing in stocks on eToro, click the helpful video below:
Step 6: Track your DOV investment
Now that you own some shares in DOV, you'll want to stay up-to-date on your new shares.
Put DOV on a watchlist to get notified of the latest news about your DOV stock.
DOV Feed
How to Buy Stock in Dover
To reiterate, here are the 6 steps for buying Dover stock:
- Decide where to buy Dover stock
- Open a brokerage account
- Fund your investment account
- Analyze Dover stock
- Place your DOV purchase
- Track your DOV investment
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Dover, get started below.
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