Dover (NYSE:DOV) Issues FY 2025 Earnings Guidance

Dover (NYSE:DOV) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 9.300-9.500 for the period, compared to the consensus EPS 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.

Dover Stock Down 0.4 %

DOV stock opened at $197.27 on Thursday. The firm 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 debt-to-equity ratio of 0.53, a current ratio of 1.57 and a quick ratio of 1.06. Dover has a 1-year low of $148.45 and a 1-year high of $208.26. The firm has a market cap of $27.06 billion, a price-to-earnings ratio of 17.64, a PEG ratio of 2.04 and a beta of 1.23.

Dover Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Investors 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 annualized dividend and a yield of 1.04%. Dover’s dividend payout ratio (DPR) is 18.43%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on DOV. Barclays upped their target price on Dover from $190.00 to $205.00 and gave the company an “equal weight” rating in a report on Thursday, December 5th. UBS Group started coverage on Dover in a research report on Wednesday, November 13th. They issued a “neutral” rating and a $217.00 target price on the stock. The Goldman Sachs Group boosted their price target on shares of Dover from $202.00 to $223.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Mizuho lifted their price objective on shares of Dover from $200.00 to $220.00 and gave the company an “outperform” rating in a research report on Thursday, October 17th. Finally, Oppenheimer restated an “outperform” rating and issued a $215.00 target price (up previously from $210.00) on shares of Dover in a research report on Wednesday, October 16th. Five analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $212.55.

About Dover

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.