Dover stock: cause for celebration? ()

Using a proven scheme, we rated Dover at the current level. The stock is evaluated for 8 factors, each of which is given the rating “Buy”, “Hold” or “Sell”. This results in an overall assessment in the last step.

1. Fundamental: Dover stock is considered undervalued on a price-to-earnings (P/E) multiple basis. Because: The P/E ratio of 17.8 is 63 percent lower than the industry average in the “Machinery” segment, which is 48.53. Against this background, the share receives a “buy” rating from the point of view of fundamental analysis.

2. Sentiment and buzz: Significant changes in the mood or the frequency of communication allow precise conclusions to be drawn about the current image of a share in social media. At Dover, no significant changes in the mood could be identified in the past four weeks. Therefore, we rate the stock as “Hold”. However, an increase in communication frequency was registered. i.e. In recent weeks there has been more talk about the company. Overall, Dover is therefore given a “buy” rating at this level.

3. Technical Analysis: The average closing price of Dover stock for the last 200 trading days is currently $154.06. The last closing price (127.44 USD) deviates -17.28 percent, which corresponds to a “sell” rating from a technical point of view. Let’s look at the average from the last 50 trading days. For this value ($126.58), the last close is close to the moving average (+0.68 percent). This results in a different rating for Dover stock in this case, namely a “hold” rating. The bottom line is that Dover stock receives a “Hold” rating for basic charting.