At the time of writing, Dana Inc [DAN] stock is trading at $10.37, down -1.24%. 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 2.07% over the last week, with a monthly amount drifted -6.41%, 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 20, 2024, when Wells Fargo downgraded its rating to a Underweight and also revised its price target to $9 from $13. UBS started tracking the stock assigning a Neutral rating and suggested a price target of $17 on September 13, 2023. Barclays initiated its recommendation with a Equal Weight and recommended $20 as its price target on February 15, 2023. RBC Capital Mkts downgraded its rating to Sector Perform for this stock on October 28, 2022, and upped its price target to $16. In a note dated August 04, 2022, Deutsche Bank downgraded an Hold rating on this stock and revised its target price from $18 to $15.
For the past year, the stock price of Dana Inc fluctuated between $9.16 and $15.27. Currently, Wall Street analysts expect the stock to reach $13.25 within the next 12 months. Dana Inc [NYSE: DAN] shares were valued at $10.37 at the most recent close of the market. An investor can expect a potential return of 27.77% based on the average DAN price forecast.
Analyzing the DAN fundamentals
According to Dana Inc [NYSE:DAN], the company’s sales were 10.64B for trailing twelve months, which represents an -0.36% plunge. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.8.
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 10.30 points at the first support level, and at 10.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.47, and for the 2nd resistance point, it is at 10.57.
Ratios To Look Out For
It is important to note that Dana Inc [NYSE:DAN] has a current ratio of 1.48. In addition, the Quick Ratio stands at 0.90 and the Cash Ratio stands at 0.16. Considering the valuation of this stock, the price to sales ratio is 0.14, the price to book ratio is 1.02.
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.
