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Dover (DOV) Looks Good: Stock Adds 6.1% in Session

Zacks Equity Research
Updated

Dover DOV was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $2.30 to $3.50 in the past one-month time frame.

The company has seen five positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Dover. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Dover (DOV) currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Dover Corporation Price

Dover Corporation Price | Dover Corporation Quote

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A better-ranked stock in the Industrial Products sector is Barnes Group, Inc. B, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is DOV going up? Or down? Predict to see what others think: Up or Down.

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Dover Corporation (DOV) : Free Stock Analysis Report
 
Barnes Group, Inc. (B) : Free Stock Analysis Report
 
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Zacks Investment Research