Dover (DOV, $149.20) tops consensus expectations
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%.
DOV in downward trend: price dove below 50-day moving average on July 01, 2026
DOV moved below its 50-day moving average on July 01, 2026 date and that indicates a change from an upward trend to a downward trend. In of 48 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on July 01, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on DOV as a result. In of 79 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for DOV turned negative on July 01, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 41 similar instances when the indicator turned negative. In of the 41 cases the stock turned lower in the days that followed. This puts the odds of success at .
The 10-day moving average for DOV crossed bearishly below the 50-day moving average on July 10, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
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 of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 57 cases where DOV's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DOV advanced for three days, in of 312 cases, the price rose further within the following month. The odds of a continued upward trend are .
DOV may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 241 cases where DOV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued 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 (3.851) is normal, around the industry mean (6.171). P/E Ratio (26.769) is within average values for comparable stocks, (52.071). Projected Growth (PEG Ratio) (1.784) is also within normal values, averaging (2.044). Dividend Yield (0.010) settles around the average of (0.019) among similar stocks. P/S Ratio (3.549) is also within normal values, averaging (136.521).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 74, placing this stock slightly better than average.
The Tickeron PE Growth Rating for this company is (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 Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued 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 Tickeron Price Growth Rating for this company is (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 SMR rating for this company is (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.
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General Information
a manufacturer of specialized industrial equipment and products
Industry IndustrialMachinery
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