Dover Corp (DOV) Files 10-K for the Fiscal Year Ended on December 31, 2018

Dover Corp (DOV, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Dover Corp is a multi-business operator in North America. It has footprint in engineered systems, energy, fluids and refrigeration and food equipment businesses. Dover Corp has a market cap of $13.35 billion; its shares were traded at around $91.20 with a P/E ratio of 24.26 and P/S ratio of 1.91. The dividend yield of Dover Corp stocks is 2.07%. Dover Corp had annual average EBITDA growth of 3.40% over the past ten years.

For the last quarter Dover Corp reported a revenue of $1.8 billion, compared with the revenue of $2 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $7 billion, a decrease of 10.7% from the previous year. For the last five years Dover Corp had an average revenue decline of 3.1% a year.

The reported diluted earnings per share was $3.75 for the year, a decline of 27.2% from the previous year. Over the last five years Dover Corp had an average EPS decline of 6.5% a year. The Dover Corp had a decent operating margin of 12.06%, compared with the operating margin of 11.68% a year before. The 10-year historical median operating margin of Dover Corp is 13.88%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Dover Corp has the cash and cash equivalents of $396.2 million, compared with $754.0 million in the previous year. The long term debt was $2.9 billion, compared with $3 billion in the previous year. The interest coverage to the debt is 6.4. Dover Corp has a financial strength rank of 5 (out of 10).

At the current stock price of $91.20, Dover Corp is traded at 68.7% premium to its historical median P/S valuation band of $54.05. The P/S ratio of the stock is 1.91, while the historical median P/S ratio is 1.13. The stock gained 15.71% during the past 12 months.

Directors and Officers Recent Trades:

  • Vice President, Tax Anthony K Kosinski sold 2,184 shares of DOV stock on 02/14/2019 at the average price of $90.07. The price of the stock has increased by 1.25% since.
  • Senior Vice President Ivonne M Cabrera sold 7,272 shares of DOV stock on 02/12/2019 at the average price of $88.23. The price of the stock has increased by 3.37% since.
  • Vice President William Spurgeon sold 13,102 shares of DOV stock on 02/07/2019 at the average price of $87.19. The price of the stock has increased by 4.6% since.
  • Senior Vice President Jay L Kloosterboer sold 12,363 shares of DOV stock on 02/05/2019 at the average price of $87.53. The price of the stock has increased by 4.19% since.

For the complete 20-year historical financial data of DOV, click here.