Dover Corporation stock performance trend indicates that the stock price has rallied 5.42% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 8.23% . Looking at the past 52 week period, the stock price is up at 20.72% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Dover Corporation has a positive value of 18.34 compared to overall market.Dover Corporation is having a Relative Strength Index of 54.36 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Dover Corporation (NYSE:DOV) rallied by 3.76% during the past week but lost 0.3% on a 4-week basis. The company has outperformed the S&P 500 by 3.52% in the past week but underperformed the index by 1.44% in the last 4 weeks.
Company shares have received an average consensus rating of Hold for the current week Dover Corporation (NYSE:DOV) : On Friday heightened volatility was witnessed in Dover Corporation (NYSE:DOV) which led to swings in the share price. The stock opened for trading at $79.73 and hit $79.95 on the upside , eventually ending the session at $79.7, with a gain of 0.45% or 0.36 points. The heightened volatility saw the trading volume jump to 1,625,692 shares. The 52-week high of the share price is $82.56 and the company has a market cap of $12,394 million. The 52-week low of the share price is at $61.64 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Stifel on Jan 27, 2017 to Hold, Raises Price Target to $ 85 from a previous price target of $76 .Company shares were Upgraded by UBS on Jan 6, 2017 to Buy, Raises Price Target to $ 90 from a previous price target of $65 .
Company has reported several Insider transactions to the SEC, on Feb 28, 2017, Michael B Stubbs (director) sold 20,000 shares at 80.30 per share price.On Feb 24, 2017, Sandra A Arkell (Vice President and Controller) sold 1,850 shares at 79.94 per share price.On Nov 15, 2016, Jay L Kloosterboer (Senior Vice President) sold 11,501 shares at 70.25 per share price.
Dover Corp Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.71 EPS for the quarter, missing the analyst consensus estimate by $ -0.04. Analyst had a consensus of $0.75. The company had revenue of $177.96 million for the quarter, compared to analysts expectations of $1707.83 million. The companys revenue was down -89.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.81 EPS.
Dover Corporation is a world-wide, diversified manufacturer of industrial products. The companys businesses are divided into the following four business segments: Dover Diversified; Dover Industries; Dover Resources; and Dover Technologies.