On July 29, 2022, 3:19 a.m., Dover shares are listed on their home market in New York at a price of USD 130.1. The company belongs to the “Industrial Machines” segment.
In a complex analysis process, analysts at our company rated Dover on the basis of a total of 8 evaluation criteria. All individual criteria lead to a classification as “Buy”, “Hold” or “Sell”. From this, a general classification of the share is calculated in the final overall assessment.
1. Investors: The discussions surrounding Dover on social media platforms give a clear signal about the assessments and sentiments surrounding the stock. Currently, negative opinions have been piling up in the comments and opinions over the past two weeks. In contrast, mostly positive topics related to value were addressed in the past few days. Our editorial team has come to the conclusion that the company should be classified as a “hold”. After all, three trading signals can also be determined at this level in the past period. The picture shows 3 buy and 0 sell signals. This result ultimately leads to a classification as a “buy” stock. In summary, the editors believe that Dover stock is appropriately rated “Hold” based on investor sentiment.
2. Analyst Rating: On a long-term basis, analysts rate Dover stock as a “hold” stock. A total of 18 analysts provided these ratings: 5 buy, 6 hold, 1 sell. In more recent reports, analysts have come to the same conclusion on average – the bottom line is that the rating for the Dover security from last month is “Hold” (1 Buy, 4 Hold, 0 Sell). On average, the analysts expect a target price of USD 155.42. This translates to an expectation of 19.46 percent as the closing price is currently $130.1, which is a “buy” rating. Based on all analysts’ estimates, we therefore give the rating “Hold”.
3. Industry comparison Share price: Dover achieved a performance of -18.34 percent over the past 12 months. Similar stocks in the “Machinery” industry are up an average of 52.59 percent, resulting in an underperformance of -70.93 percent for Dover’s industry peers. The “industrial” sector had a median return of 59.18 percent last year. Dover was 77.52 percent below that average. Underperformance in both industry and sector comparisons leads to a “Sell” rating in this category.
Buy, hold or sell – your Dover analysis dated 29.07. gives the answer:
How will Dover develop now? Is an entry worthwhile or should investors rather sell? Find out the answers to these questions and why you need to act now in the current Dover analysis.