Dana Inc [DAN] stock prices are up 6.68% to $13.26 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DAN shares have gain 6.08% over the last week, with a monthly amount glided 7.02%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Dana Inc [NYSE: DAN] stock has seen the most recent analyst activity on September 13, 2023, when UBS initiated its Neutral rating and assigned the stock a price target of $17. Previously, Barclays started tracking the stock with Equal Weight rating on February 15, 2023, and set its price target to $20. On October 28, 2022, downgrade downgraded it’s rating to Sector Perform and revised its price target to $16 on the stock. Deutsche Bank downgraded its rating to a Hold and decreased its price target to $15 on August 04, 2022. Wells Fargo downgraded its rating to a Equal Weight and reduced its price target to $17 on April 12, 2022. In a note dated April 07, 2022, Barclays downgraded an Equal Weight rating on this stock and revised its target price from $24 to $18.
The stock price of Dana Inc [DAN] has been fluctuating between $11.10 and $19.75 over the past year. Currently, Wall Street analysts expect the stock to reach $14.75 within the next 12 months. Dana Inc [NYSE: DAN] shares were valued at $13.26 at the most recent close of the market. An investor can expect a potential return of 11.24% based on the average DAN price forecast.
Analyzing the DAN fundamentals
The Dana Inc [NYSE:DAN] reported sales of 10.65B for trailing twelve months, representing a surge of 3.44%. Gross Profit Margin for this corporation currently stands at 0.09% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.91.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 12.70 points at the first support level, and at 12.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.68, and for the 2nd resistance point, it is at 14.10.
Dana Inc [DAN] reported earnings per share of -$0.08 for its fiscal quarter that ended on 12/31/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.06/share, meaning a difference of -$0.02 and a surprise factor of -33.30%. By comparison, the stated earnings for the previous quarter ended on 9/30/2023 were $0.3 per share as compared to estimates of $0.13 per share, a difference of $0.17 representing a surprise of 130.80%.
Ratios To Look Out For
It’s worth pointing out that Dana Inc [NYSE:DAN]’s Current Ratio is 1.60. In addition, the Quick Ratio stands at 0.97 and the Cash Ratio stands at 0.14. Considering the valuation of this stock, the price to sales ratio is 0.18, the price to book ratio is 1.25 and price to earnings (TTM) ratio is 147.50.
Transactions by insiders
Recent insider trading involved Aghili Aziz, EVP &Pres Off-Hwy Technologies, that happened on Aug 01 ’23 when 30000.0 shares were sold. VP & Chief Accounting Officer, Kellett James D completed a deal on Aug 01 ’23 to sell 14437.0 shares.
