The predictions have plunged for Dover Corp (NYSE:DOV) Q1 results in the month leading up to the firm’s earnings declaration scheduled for Wednesday, April 17, 2013. The consensus analyst anticpates has plunged from $1.12 per share to the present predicts of earnings of $1.08 per share.
Analysts are forecasting a 2.9 percent surge from the year-ago quarter, at what time Dover declared earnings of $1.05 a share.
The average forecaster has plunged over the previous quarter from $1.17. The analysts are predicitng earnings of $5.25 a share for the fiscal year. Revenue is anticipated to be $2.08B for the quarter, 0.8 percent improver than the year-earlier total of $2.06B. The revenue is anticipated to roll in at $8.73B for the year.
Moving readers toward the broader market, let’s consider percentage change in stocks prices of other stocks in the similar sector who contribute major role in the market that includes Dresser-Rand Group Inc. (NYSE:DRC) lost -1.77%, Danaher Corporation (NYSE:DHR) edged down -0.61%, 3D Systems Corporation (NYSE:DDD) which also increased +0.91% and China Yuchai International Limited (NYSE:CYD) closed down -2.16%.
Dover Corp (NYSE:DOV) stock’s trade at beginning with a price of $74.40 and throughout the trading session climbed at a high of $74.64 other than when day-trade ended the stock finally declined -1.73% to $73.41.
The stock is going forward its 52 week low with 48.46% and lagging behind from its 52 week high price with -1.81%. DOV last month stock price volatility remained 1.58%.
DOV stock institutional ownership remained 92.03% while insider ownership included 0.65%. In its share capital DOV has 171.83 million outstanding shares among them 167.33 million shares have been floated in market exchange.
Company’s beta coefficient included 1.34. Beta factors measures the amount of market risk associated with market trade.
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