Dover Corporation Already 11% Down, Almost Two Hours Before The Market Open

(VIANEWS) – The NYSE opens in less than two hours and Dover Corporation‘s pre-market value is already 11.01% down.

Dover Corporation’s last close was $147.73, 8.05% below its 52-week high of $160.66.

The last session, NYSE finished with Dover Corporation (DOV) jumping 0.44% to $147.73. NYSE fell 0.2% to $15,795.12, following the last session’s downward trend on what was a somewhat bearish trend exchanging session.

About Dover Corporation

Dover Corporation provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide. The company's Engineered Products segment provides various equipment, component, software, solution, and services that are used in aftermarket vehicle service, solid waste handling, industrial automation, aerospace and defense, industrial winch and hoist, and fluid dispensing end-market. This segment also offers manual and power clamp, rotary and linear mechanical indexer, conveyor, pick and place unit, glove port, and manipulator, as well as end-of-arm robotic gripper, slide, and end effector. Its Clean Energy & Fueling segment offers component, equipment, and software and service solution enabling safe transport of traditional and clean fuel, and other hazardous substance along with supply chain, as well as operation of convenience retail, retail fueling, and vehicle wash establishment. The company's Imaging & Identification segment provides precision marking and coding; packaging intelligence; product traceability equipment; brand protection; and digital textile printing equipment, as well as related consumable, software, and service to packaged and consumer good, pharmaceutical, industrial manufacturing, fashion and apparel, and other end-market. Its Pumps & Process Solutions segment manufactures specialty pump, connector, and flow meter, fluid connecting solution, plastics and polymer processing equipment, and engineered components for rotating and reciprocating machines. The company's Climate & Sustainability Technologies segment manufactures refrigeration system, refrigeration display case, commercial glass refrigerator and freezer door, and brazed plate heat exchanger for industrial heating and cooling, and residential climate control applications. It sells its products directly and through a network of distributors. The company was incorporated in 1947 and is headquartered in Downers Grove, Illinois.

Earnings Per Share

As for profitability, Dover Corporation has a trailing twelve months EPS of $7.52.

PE Ratio

Dover Corporation has a trailing twelve months price to earnings ratio of 19.64. Meaning, the purchaser of the share is investing $19.64 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 24.3%.

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