【rise of the runelords pdf】Dover Corporation (NYSE:DOV): What’s The Analyst Consensus Outlook?

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The latest earnings update Dover Corporation (

NYSE:DOV

) released in December 2018 signalled that the company experienced a substantial headwind with earnings declining by -27%. Below, I’ve laid out key growth figures on how market analysts view Dover’s earnings growth trajectory over the next few years and whether the future looks brighter. Note that I will be looking at net income excluding extraordinary items to get a better understanding of the underlying drivers of earnings.

Check out our latest analysis for Dover

Analysts’ outlook for this coming year seems optimistic, with earnings increasing by a robust 20%. This growth seems to continue into the following year with rates reaching double digit 32% compared to today’s earnings, and finally hitting US$766m by 2022.

NYSE:DOV Future Profit February 1st 19

While it’s informative understanding the growth rate each year relative to today’s figure, it may be more valuable determining the rate at which the company is moving on average every year. The benefit of this method is that we can get a better picture of the direction of Dover’s earnings trajectory over the long run, irrespective of near term fluctuations, be more volatile. To compute this rate, I put a line of best fit through analyst consensus of forecasted earnings. The slope of this line is the rate of earnings growth, which in this case is 11%. This means that, we can anticipate Dover will grow its earnings by 11% every year for the next few years.

Next Steps:

For Dover, I’ve put together three pertinent aspects you should further examine:

Financial Health

: Does it have a healthy balance sheet? Take a look at our

free balance sheet analysis with six simple checks

on key factors like leverage and risk.

Valuation

: What is DOV worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The

intrinsic value infographic in our free research report

helps visualize whether DOV is currently mispriced by the market.

Other High-Growth Alternatives

: Are there other high-growth stocks you could be holding instead of DOV? Explore

our interactive list of stocks with large growth potential

to get an idea of what else is out there you may be missing!

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at

[email protected]

.

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