
Dover (DOV) Stock Forecast & Price Target
Dover (DOV) Analyst Ratings
Bulls say
Dover has demonstrated a strong resilience in its financial performance, with organic sales growth of 4.6% year-over-year, aligning with company estimates and surpassing consensus expectations. The company's emphasis on targeted structural cost-outs and productivity improvements led to impressive segment margin expansions, particularly with a 260 basis points increase in the Pumps & Process Solutions segment. Furthermore, a notable 8% growth in bookings during the third quarter showcases robust demand across key sectors such as biopharma and climate technologies, indicating a positive trajectory for future revenue growth.
Bears say
The financial outlook for Dover appears negative due to several concerning factors, including a total booked-to-billed ratio of 0.96x, signaling weaker demand trends. Additionally, the Engineered Products segment experienced a decline of 6.1%, coupled with overall margin contraction of 40 basis points year-over-year to 19.2%, primarily attributed to reduced revenue from vehicle wash solutions. Furthermore, ongoing issues related to global industrial demand, execution challenges, and difficulties in M&A integration raise further concerns about the company's future performance and profitability.
This aggregate rating is based on analysts' research of Dover and is not a guaranteed prediction by Public.com or investment advice.
Dover (DOV) Analyst Forecast & Price Prediction
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