$1.13 EPS Expected for Dover Corp (DOV)

September 17, 2017 - By Richard Conner

 $1.13 EPS Expected for Dover Corp (DOV)
Investors sentiment increased to 0.96 in 2016 Q4. Its up 0.03, from 0.93 in 2016Q3. It is positive, as 50 investors sold Dover Corp shares while 193 reduced holdings. 70 funds opened positions while 163 raised stakes. 130.37 million shares or 0.60% more from 129.60 million shares in 2016Q3 were reported.
Bankshares owns 62,268 shares. Quantitative Systematic Strategies Ltd Llc holds 0.44% or 14,295 shares. 531,950 are held by Wellington Grp Llp. Great West Life Assurance Can invested 0.07% in Dover Corp (NYSE:DOV). Hbk Sorce Advisory Ltd holds 0.06% of its portfolio in Dover Corp (NYSE:DOV) for 4,401 shares. Train Babcock Advsrs Limited Liability Co invested in 0.22% or 7,200 shares. Nj State Employees Deferred Compensation Plan owns 5,000 shares. Moreover, Connors Investor Serv Incorporated has 0.07% invested in Dover Corp (NYSE:DOV) for 5,226 shares. Essex Fincl Services holds 0.05% or 3,101 shares. Wealthtrust has invested 0.01% of its portfolio in Dover Corp (NYSE:DOV). Us Bancshares De has 174,995 shares. Tudor Et Al holds 0.02% in Dover Corp (NYSE:DOV) or 8,015 shares. Missouri-based American Century Companies has invested 0.01% in Dover Corp (NYSE:DOV). Morgan Stanley accumulated 0.02% or 693,298 shares. Archford Capital Strategies Limited Liability has 1,296 shares.

Since May 12, 2017, it had 0 insider purchases, and 3 selling transactions for $5.83 million activity. On Friday, May 12 Fincher C. Anderson sold $1.25 million worth of Dover Corp (NYSE:DOV) or 15,638 shares.

Analysts expect Dover Corp (NYSE:DOV) to report $1.13 EPS on October, 18.They anticipate $0.26 EPS change or 29.89 % from last quarter’s $0.87 EPS. DOV’s profit would be $176.02M giving it 19.87 P/E if the $1.13 EPS is correct. After having $1.04 EPS previously, Dover Corp’s analysts see 8.65 % EPS growth. The stock decreased 0.26% or $0.23 on September 15, reaching $89.81. About 1.12 million shares traded or 21.79% up from the average. Dover Corp (NYSE:DOV) has risen 29.68% since September 17, 2016 and is uptrending. It has outperformed by 12.98% the S&P500.

Dover Corp (NYSE:DOV) Ratings Coverage

Among 21 analysts covering Dover (NYSE:DOV), 12 have Buy rating, 0 Sell and 9 Hold. Therefore 57% are positive. Dover had 70 analyst reports since July 22, 2015 according to SRatingsIntel. As per Friday, June 10, the company rating was upgraded by Bernstein. Stifel Nicolaus maintained Dover Corp (NYSE:DOV) on Friday, July 21 with “Hold” rating. The rating was downgraded by Vertical Research to “Hold” on Tuesday, March 8. As per Thursday, August 24, the company rating was maintained by Robert W. Baird. The stock has “Sell” rating by Vertical Research on Wednesday, August 26. The company was initiated on Tuesday, November 3 by SunTrust. The firm earned “Equal-Weight” rating on Thursday, March 17 by Barclays Capital. On Tuesday, January 3 the stock rating was upgraded by Vertical Research to “Buy”. The firm earned “Buy” rating on Tuesday, May 10 by Bank of America. The company was maintained on Thursday, October 20 by Stifel Nicolaus.

Dover Corporation is a diversified global maker delivering equipment and components, specialty systems, consumable supplies, software and digital solutions and support services. The company has market cap of $13.99 billion. The Company’s divisions include Energy, Engineered Systems, Fluids and Refrigeration & Food Equipment. It has a 22.49 P/E ratio. The Company’s Energy segment is a well-known provider of solutions and services for production and processing of fuels around the world.

More notable recent Dover Corp (NYSE:DOV) news were published by: Marketwatch.com which released: “Dover explores potential sale of Wellsite energy businesses” on September 12, 2017, also Seekingalpha.com with their article: “Dover Looking To Exit Energy” published on September 15, 2017, Nasdaq.com published: “Dover Corporation (DOV) Ex-Dividend Date Scheduled for August 29, 2017” on August 28, 2017. More interesting news about Dover Corp (NYSE:DOV) were released by: Reuters.com and their article: “Dover considering sale of upstream energy unit” published on September 12, 2017 as well as Reuters.com‘s news article titled: “BRIEF-Dover Corp exploring strategic alternatives for the separation of its …” with publication date: September 12, 2017.

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