Currently, there are 144.98M common shares owned by the public and among those 129.34M shares have been available to trade.
The company’s stock has a 5-day price change of 36.26% and 14.37% over the past three months. DAN shares are trading -17.18% year to date (YTD), with the 12-month market performance down to -11.61% lower. It has a 12-month low price of $7.58 and touched a high of $15.07 over the same period. DAN has an average intraday trading volume of 2.12 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 35.39%, 24.18%, and 5.07% respectively.
Institutional ownership of Dana Inc (NYSE: DAN) shares accounts for 89.99% of the company’s 144.98M shares outstanding.
It has a market capitalization of $1.75B and a beta (3y monthly) value of 2.35. The earnings-per-share (ttm) stands at -$0.11. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.94% over the week and 5.24% over the month.
Earnings per share for the fiscal year are expected to increase by 1.95%, and 33.73% over the next financial year. EPS should grow at an annualized rate of 8.56% over the next five years, compared to -38.20% over the past 5-year period.
Looking at the support for the DAN, a number of firms have released research notes about the stock. Exane BNP Paribas stated their Outperform rating for the stock in a research note on Dec-04-24, with the firm’s price target at $9-$16. Barclays coverage for the Dana Inc (DAN) stock in a research note released on December 02, 2024 offered a Overweight rating with a price target of $18. Wells Fargo was of a view on September 20, 2024 that the stock is Underweight, while Deutsche Bank gave the stock Hold rating on September 10, 2024, issuing a price target of $12. Wolfe Research on their part issued Peer Perform rating on September 05, 2024.
