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.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on DOV. Oppenheimer restated an “outperform” rating and issued a $225.00 price objective (up previously from $220.00) on shares of Dover in a research note on Friday. Barclays boosted their price objective on shares of Dover from $205.00 to $213.00 and gave the stock an “equal weight” rating in a report on Friday. The Goldman Sachs Group increased their target price on shares of Dover from $202.00 to $223.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Citigroup lowered their price target on Dover from $236.00 to $222.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Finally, UBS Group reduced their price objective on Dover from $217.00 to $211.00 and set a “neutral” rating for the company in a research report on Friday. Five investment 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 has an average rating of “Moderate Buy” and an average price target of $218.91.

Dover Trading Down 1.0 %

DOV opened at $203.42 on Friday. The company has a current ratio of 1.57, a quick ratio of 1.06 and a debt-to-equity ratio of 0.53. Dover has a 1-year low of $148.45 and a 1-year high of $214.57. The company has a fifty day moving average price of $195.57 and a two-hundred day moving average price of $190.34. The company has a market cap of $27.91 billion, a P/E ratio of 18.19, a price-to-earnings-growth ratio of 2.03 and a beta of 1.23.

Dover (NYSE:DOV) last posted its earnings results on Thursday, January 30th. The industrial products company reported $2.20 EPS for the quarter, hitting the consensus estimate of $2.20. Dover had a net margin of 18.63% and a return on equity of 23.61%. Analysts predict that Dover will post 8.17 EPS for the current fiscal year.

Dover Dividend Announcement

The firm also recently announced 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. This represents a $2.06 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date of this dividend was Friday, November 29th. Dover’s payout ratio 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.