At the time of writing, Dana Inc [DAN] stock is trading at $12.46, up 2.98%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The DAN shares have gain 9.01% over the last week, with a monthly amount drifted -4.52%, and not 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.
For the past year, the stock price of Dana Inc fluctuated between $11.10 and $19.75. Currently, Wall Street analysts expect the stock to reach $14.75 within the next 12 months. Dana Inc [NYSE: DAN] shares were valued at $12.46 at the most recent close of the market. An investor can expect a potential return of 18.38% based on the average DAN price forecast.
Analyzing the DAN fundamentals
According to Dana Inc [NYSE:DAN], the company’s sales were 10.65B for trailing twelve months, which represents an 3.44% jump. Gross Profit Margin for this corporation currently stands at 0.08% 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 1.73.
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 12.27 points at the first support level, and at 12.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.57, and for the 2nd resistance point, it is at 12.68.
Ratios To Look Out For
It is important to note that Dana Inc [NYSE:DAN] has a current ratio of 1.60. Further, the Quick Ratio stands at 0.97, while the Cash Ratio is 0.14. Considering the valuation of this stock, the price to sales ratio is 0.17, the price to book ratio is 1.17 and price to earnings (TTM) ratio is 138.60.
Transactions by insiders
Recent insider trading involved Kellett James D, VP & Chief Accounting Officer, that happened on May 16 ’24 when 4357.0 shares were sold. EVP &Pres Off-Hwy Technologies, Aghili Aziz completed a deal on Aug 01 ’23 to sell 30000.0 shares. Meanwhile, VP & Chief Accounting Officer Kellett James D sold 14437.0 shares on Aug 01 ’23.
