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Dover (DOV) Competitors

Dover logo
$196.55 -3.20 (-1.60%)
(As of 12/17/2024 ET)

DOV vs. PH, ITW, IR, XYL, SNA, PNR, IEX, GGG, NDSN, and SWK

Should you be buying Dover stock or one of its competitors? The main competitors of Dover include Parker-Hannifin (PH), Illinois Tool Works (ITW), Ingersoll Rand (IR), Xylem (XYL), Snap-on (SNA), Pentair (PNR), IDEX (IEX), Graco (GGG), Nordson (NDSN), and Stanley Black & Decker (SWK). These companies are all part of the "industrial machinery" industry.

Dover vs.

Dover (NYSE:DOV) and Parker-Hannifin (NYSE:PH) are both large-cap industrial products companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, dividends, valuation, community ranking, risk, analyst recommendations, media sentiment, earnings and profitability.

Dover has a net margin of 18.63% compared to Parker-Hannifin's net margin of 14.47%. Parker-Hannifin's return on equity of 27.95% beat Dover's return on equity.

Company Net Margins Return on Equity Return on Assets
Dover18.63% 23.61% 10.82%
Parker-Hannifin 14.47%27.95%11.33%

84.5% of Dover shares are held by institutional investors. Comparatively, 82.4% of Parker-Hannifin shares are held by institutional investors. 1.3% of Dover shares are held by insiders. Comparatively, 0.4% of Parker-Hannifin shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Dover received 20 more outperform votes than Parker-Hannifin when rated by MarketBeat users. However, 63.78% of users gave Parker-Hannifin an outperform vote while only 61.47% of users gave Dover an outperform vote.

CompanyUnderperformOutperform
DoverOutperform Votes
742
61.47%
Underperform Votes
465
38.53%
Parker-HannifinOutperform Votes
722
63.78%
Underperform Votes
410
36.22%

Dover pays an annual dividend of $2.06 per share and has a dividend yield of 1.0%. Parker-Hannifin pays an annual dividend of $6.52 per share and has a dividend yield of 1.0%. Dover pays out 18.4% of its earnings in the form of a dividend. Parker-Hannifin pays out 29.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Dover has increased its dividend for 70 consecutive years and Parker-Hannifin has increased its dividend for 69 consecutive years. Dover is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Parker-Hannifin has higher revenue and earnings than Dover. Dover is trading at a lower price-to-earnings ratio than Parker-Hannifin, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Dover$8.47B3.18$1.06B$11.1817.58
Parker-Hannifin$19.99B4.29$2.84B$22.1430.08

Dover has a beta of 1.22, suggesting that its share price is 22% more volatile than the S&P 500. Comparatively, Parker-Hannifin has a beta of 1.43, suggesting that its share price is 43% more volatile than the S&P 500.

In the previous week, Dover had 32 more articles in the media than Parker-Hannifin. MarketBeat recorded 52 mentions for Dover and 20 mentions for Parker-Hannifin. Parker-Hannifin's average media sentiment score of 1.32 beat Dover's score of 0.46 indicating that Parker-Hannifin is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Dover
21 Very Positive mention(s)
4 Positive mention(s)
17 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Neutral
Parker-Hannifin
14 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Dover presently has a consensus price target of $213.91, suggesting a potential upside of 8.83%. Parker-Hannifin has a consensus price target of $709.65, suggesting a potential upside of 6.56%. Given Dover's higher probable upside, equities research analysts clearly believe Dover is more favorable than Parker-Hannifin.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Dover
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.67
Parker-Hannifin
0 Sell rating(s)
2 Hold rating(s)
15 Buy rating(s)
0 Strong Buy rating(s)
2.88

Summary

Parker-Hannifin beats Dover on 12 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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DOV vs. The Competition

MetricDoverConstruction, mining, & materials handling machinery & equipment IndustryIndustrial SectorNYSE Exchange
Market Cap$26.97B$7.21B$9.63B$19.67B
Dividend Yield1.02%2.05%2.02%3.51%
P/E Ratio17.587.9521.1943.80
Price / Sales3.181.325.3217.65
Price / Cash18.1110.0319.2921.73
Price / Book5.382.904.655.46
Net Income$1.06B$517.97M$398.18M$987.68M
7 Day Performance-2.28%-5.79%-1.92%-2.32%
1 Month Performance-1.98%-5.95%3.96%0.63%
1 Year Performance29.49%1.25%26.70%16.39%

Dover Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DOV
Dover
4.5444 of 5 stars
$196.55
-1.6%
$213.91
+8.8%
+29.1%$26.97B$8.47B17.5825,000Analyst Revision
PH
Parker-Hannifin
4.596 of 5 stars
$673.50
+0.3%
$709.65
+5.4%
+46.8%$86.69B$19.99B30.3861,120Positive News
ITW
Illinois Tool Works
3.8473 of 5 stars
$271.02
-0.4%
$267.90
-1.2%
+3.7%$80.03B$15.95B23.5445,000Positive News
IR
Ingersoll Rand
4.5275 of 5 stars
$100.05
-1.0%
$107.67
+7.6%
+30.3%$40.32B$7.16B49.3218,000Short Interest ↓
Positive News
XYL
Xylem
4.9882 of 5 stars
$121.39
+0.7%
$152.20
+25.4%
+9.1%$29.49B$8.42B35.262,300
SNA
Snap-on
4.5925 of 5 stars
$352.14
-0.8%
$345.40
-1.9%
+21.9%$18.49B$4.71B18.282,700Positive News
PNR
Pentair
4.7067 of 5 stars
$108.03
+0.8%
$109.38
+1.2%
+48.7%$17.85B$4.10B26.7910,500Dividend Increase
Positive News
IEX
IDEX
4.3137 of 5 stars
$223.85
+0.4%
$243.14
+8.6%
+5.2%$16.95B$3.19B34.528,800Short Interest ↓
Positive News
GGG
Graco
3.8987 of 5 stars
$87.87
-0.1%
$89.25
+1.6%
+1.3%$14.84B$2.13B31.074,000Positive News
NDSN
Nordson
4.5606 of 5 stars
$226.00
-0.2%
$279.00
+23.5%
-11.1%$12.92B$2.69B27.927,900Earnings Report
Analyst Upgrade
Analyst Revision
SWK
Stanley Black & Decker
4.6842 of 5 stars
$83.17
+0.4%
$102.29
+23.0%
-16.6%$12.82B$15.38B-60.4450,500

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This page (NYSE:DOV) was last updated on 12/18/2024 by MarketBeat.com Staff
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