Currently, Dana Inc [DAN] is trading at $11.04, up 0.36%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DAN shares have gain 1.56% over the last week, with a monthly amount drifted -6.20%, and not seem to be holding up well over a long-time horizon.
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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.
This stock has fluctuated between a low of $10.09 and a high of $16.47 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $14.75 within the next 12 months. Dana Inc [NYSE: DAN] shares were valued at $11.04 at the most recent close of the market. An investor can expect a potential return of 33.61% based on the average DAN price forecast.
Analyzing the DAN fundamentals
Trailing Twelve Months sales for Dana Inc [NYSE:DAN] were 10.64B which represents -0.36% decline. 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 -0.0 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 1.8.
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 10.87 points at the first support level, and at 10.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.19, and for the 2nd resistance point, it is at 11.34.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Dana Inc [NYSE:DAN] is 1.48. Also, the Quick Ratio is 0.90, while the Cash Ratio stands at 0.16. Considering the valuation of this stock, the price to sales ratio is 0.15, the price to book ratio is 1.09.
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.
