Dover Corporation posted fourth-quarter 2022 adjusted earnings per share (EPS) from continuing operations of $2.16, exceeding the Zacks Consensus Estimate of $2.15 (according to Zacks Equity Research).
EPS was +21% higher year-over-year, on the back of strong demand and solid backlog rates, coupled with improving price-cost dynamics – which offset the effects of input shortages, inflationary cost pressure and foreign currency headwinds.
Revenues in the quarter were up +7.5% year over year to $2,139 million, beating the Zacks Consensus Estimate of $2,108 million.
Organic growth came in at +9% for the quarter.
The company’s revenue from Engineered Products segment grew +13.4% year-over-year in the quarter, and those from Clean Energy & Fueling segment were up +12.4%. Imaging & Identification segment’s revenues rose +0.3% year over year. Climate & Sustainability Technologies segment’s revenues climbed +17.6%. Pumps & Process Solutions segment’s revenues slipped -6.5%.
Dover projects adjusted EPS in the range of $8.85 to $9.05 for 2023, and expects revenue growth of 3-5%.
The 10-day moving average for DOV crossed bullishly above the 50-day moving average on October 22, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 10 of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 71%.
The Momentum Indicator moved above the 0 level on October 13, 2026. You may want to consider a long position or call options on DOV as a result. In 47 of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 58%.
The Moving Average Convergence Divergence (MACD) for DOV just turned positive on September 22, 2026. Looking at past instances where DOV's MACD turned positive, the stock continued to rise in 21 of 42 cases over the following month. The odds of a continued upward trend are 50%.
DOV moved above its 50-day moving average on October 16, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +3.59% 3-day Advance, the price is estimated to grow further. Considering data from situations where DOV advanced for three days, in 169 of 309 cases, the price rose further within the following month. The odds of a continued upward trend are 55%.
The Aroon Indicator entered an Uptrend today. In 85 of 216 cases where DOV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 39%.
The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DOV declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 53%.
DOV broke above its upper Bollinger Band on October 21, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron PE Growth Rating for this company is 38 (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is 49 (best 1 - 100 worst), indicating steady price growth. DOV’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 51 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 76, placing this stock slightly better than average.
The Tickeron SMR rating for this company is 56 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 69 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.540) is normal, around the industry mean (3.933). P/E Ratio (24.224) is within average values for comparable stocks, (37.557). Projected Growth (PEG Ratio) (1.489) is also within normal values, averaging (1.879). Dividend Yield (0.010) settles around the average of (0.030) among similar stocks. P/S Ratio (3.055) is also within normal values, averaging (186.943).
The Tickeron Seasonality Score of 95 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of specialized industrial equipment and products
Industry IndustrialMachinery