Dana Inc [DAN] stock prices are up 2.31% to $10.19 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DAN shares have gain 7.38% over the last week, with a monthly amount drifted -6.08%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
On September 13, 2023, UBS initiated with a Neutral rating and assigned a price target of $17 on the stock. Barclays started tracking the stock assigning a Equal Weight rating and suggested a price target of $20 on February 15, 2023. RBC Capital Mkts downgraded its rating to a Sector Perform and raised its price target to $16 on October 28, 2022. Deutsche Bank downgraded its rating to Hold for this stock on August 04, 2022, and downed its price target to $15. In a note dated April 12, 2022, Wells Fargo downgraded an Equal Weight rating on this stock and revised its target price from $23 to $17.
The stock price of Dana Inc [DAN] has been fluctuating between $9.16 and $15.45 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 $10.19 at the most recent close of the market. An investor can expect a potential return of 44.75% based on the average DAN price forecast.
Analyzing the DAN fundamentals
The Dana Inc [NYSE:DAN] reported sales of 10.64B for trailing twelve months, representing a drop of -0.36%. 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 10.08 points at the first support level, and at 9.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.32, and for the 2nd resistance point, it is at 10.44.
Ratios To Look Out For
It’s worth pointing out that Dana Inc [NYSE:DAN]’s Current Ratio is 1.48. As well, the Quick Ratio is 0.90, while the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 0.14, the price to book ratio is 1.00.
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.
