Dover (DOV) Given Media Sentiment Rating of 0.16
Media headlines about Dover (NYSE:DOV) have been trending somewhat positive on Friday, Accern Sentiment reports. Accern scores the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Dover earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 46.5559687587155 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news stories that may have effected Accern’s rankings:
- Dover Youth to Youth holding Kick Butts logo contest in schools (fosters.com)
- Global Commercial Refrigeration Equipment Market is Growing exponentially and Its Fueled By Various Trends (openpr.com)
- Dover company launches 2.0 version of Daily Nanny app (nhbr.com)
- Port of Dover chief faces inquiry over wave of staff allegations (manxradio.com)
- [$$] Can Theresa May’s customs plan resolve Brexit dilemma? (finance.yahoo.com)
Shares of Dover (DOV) traded down $0.44 during trading hours on Friday, hitting $98.68. The company had a trading volume of 157,298 shares, compared to its average volume of 1,126,925. Dover has a 1 year low of $76.23 and a 1 year high of $109.06. The firm has a market cap of $15,260.00, a P/E ratio of 20.50, a price-to-earnings-growth ratio of 1.30 and a beta of 1.28. The company has a quick ratio of 1.01, a current ratio of 1.40 and a debt-to-equity ratio of 0.68.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 15th. Stockholders of record on Wednesday, February 28th were paid a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 1.91%. The ex-dividend date was Tuesday, February 27th. Dover’s payout ratio is presently 39.00%.
Several equities analysts recently weighed in on DOV shares. SunTrust Banks increased their price target on shares of Dover to $106.00 and gave the stock a “hold” rating in a report on Wednesday, January 31st. UBS Group started coverage on shares of Dover in a report on Monday, January 22nd. They issued a “neutral” rating on the stock. Seaport Global Securities restated a “hold” rating and issued a $110.00 price objective on shares of Dover in a research report on Friday, February 2nd. BMO Capital Markets increased their target price on Dover from $116.00 to $118.00 and gave the company an “outperform” rating in a research report on Thursday, February 1st. Finally, Morgan Stanley increased their target price on Dover from $110.00 to $113.00 and gave the company an “overweight” rating in a research report on Thursday, February 1st. Eleven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $107.83.
In related news, VP Anthony K. Kosinski sold 895 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $104.34, for a total transaction of $93,384.30. Following the completion of the sale, the vice president now owns 8,516 shares in the company, valued at $888,559.44. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Stephen Gary Kennon sold 15,702 shares of the business’s stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $102.01, for a total value of $1,601,761.02. The disclosure for this sale can be found here. Insiders sold a total of 19,897 shares of company stock valued at $2,031,745 in the last quarter. Company insiders own 2.50% of the company’s stock.
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Dover Company Profile
Dover Corporation is a diversified global manufacturer delivering equipment and components, specialty systems, consumable supplies, software and digital solutions and support services. The Company’s segments include Energy, Engineered Systems, Fluids and Refrigeration & Food Equipment. The Company’s Energy segment is a provider of solutions and services for production and processing of fuels around the world.
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