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 -7.15% and 8.97% over the past three months. DAN shares are trading -22.66% year to date (YTD), with the 12-month market performance down to -23.34% 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 2.41 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 -0.27%, 15.54%, and 2.49% respectively.
Institutional ownership of Dana Inc (NYSE: DAN) shares accounts for 89.86% of the company’s 144.98M shares outstanding.
It has a market capitalization of $1.64B and a beta (3y monthly) value of 2.33. 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 4.54% over the week and 5.18% over the month.
Analysts forecast that Dana Inc (DAN) will achieve an EPS of 0.08 for the current quarter, 0.22 for the next quarter and 1.05 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.07 while analysts give the company a high EPS estimate of -0.07. Comparatively, EPS for the current quarter was -0.08 a year ago. Earnings per share for the fiscal year are expected to increase by 2.00%, and 18.23% over the next financial year. EPS should grow at an annualized rate of 1.98% 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. Deutsche Bank stated their Buy rating for the stock in a research note on December 09, 2024, with the firm’s price target at $9-$19. Exane BNP Paribas coverage for the Dana Inc (DAN) stock in a research note released on December 03, 2024 offered a Outperform rating with a price target of $16. Barclays was of a view on December 02, 2024 that the stock is Overweight, while Wells Fargo gave the stock Underweight rating on September 20, 2024, issuing a price target of $13- $9. Deutsche Bank on their part issued Hold rating on September 10, 2024.
