Dana Inc (DAN) concluded trading on Wednesday at a closing price of $13.26, with 3.59 million shares of worth about $47.64 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 13.43% during that period and on May 01, 2024 the price saw a gain of about 6.68%. Currently the company’s common shares owned by public are about 144.39M shares, out of which, 143.04M shares are available for trading.
Stock saw a price change of 6.08% in past 5 days and over the past one month there was a price change of 7.02%. Year-to-date (YTD), DAN shares are showing a performance of -9.24% which decreased to -6.75% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $11.10 but also hit the highest price of $19.75 during that period. The average intraday trading volume for Dana Inc shares is 1.38 million. The stock is currently trading 7.41% above its 20-day simple moving average (SMA20), while that difference is up 7.68% for SMA50 and it goes to -4.98% lower than SMA200.
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Dana Inc (NYSE: DAN) currently have 144.39M outstanding shares and institutions hold larger chunk of about 98.10% of that.
The stock has a current market capitalization of $1.91B and its 3Y-monthly beta is at 2.46. PE ratio of stock for trailing 12 months is 147.50, while it has posted earnings per share of $0.09 in the same period. Its PEG reads 4.18 and has Quick Ratio of 0.97 while making debt-to-equity ratio of 1.91. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DAN, volatility over the week remained 3.80% while standing at 2.67% over the month.
Analysts are in expectations that Dana Inc (DAN) stock would likely to be making an EPS of $0.19 in the current quarter, while forecast for next quarter EPS is $0.29 and it is $1.67 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.07 which is $0.32 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.25 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 9.13% while it is estimated to increase by 61.18% in next year. EPS is likely to grow at an annualized rate of 35.30% for next 5-years, compared to annual growth of -38.20% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on September 13, 2023 offering a Neutral rating for the stock and assigned a target price of $17 to it. Coverage by Barclays stated Dana Inc (DAN) stock as an Equal weight in their note to investors on February 15, 2023, suggesting a price target of $20 for the stock. On October 28, 2022, RBC Capital Mkts Downgrade their recommendations, while on August 04, 2022, Deutsche Bank Downgrade their ratings for the stock with a price target of $15. Stock get an Equal weight rating from Wells Fargo on April 12, 2022.
