At the time of writing, Dana Inc [DAN] stock is trading at $12.07, up 3.07%. An important factor to consider is whether the stock is rising or falling in short-term value. The DAN shares have gain 2.72% over the last week, with a monthly amount drifted -3.59%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Dana Inc [NYSE: DAN] stock has seen the most recent analyst activity on December 09, 2024, when Deutsche Bank upgraded its rating to a Buy and also boosted its price target to $19 from $9. Previously, Exane BNP Paribas upgraded its rating to Outperform on December 03, 2024, and elevated its price target to $16. On December 02, 2024, upgrade upgraded it’s rating to Overweight but maintained its price target of $18 on the stock. Wells Fargo downgraded its rating to a Underweight and decreased its price target to $9 on September 20, 2024. In a note dated September 13, 2023, UBS initiated an Neutral rating and provided a target price of $17 on this stock.
For the past year, the stock price of Dana Inc fluctuated between $7.58 and $14.22. Currently, Wall Street analysts expect the stock to reach $13 within the next 12 months. Dana Inc [NYSE: DAN] shares were valued at $12.07 at the most recent close of the market. An investor can expect a potential return of 7.71% based on the average DAN price forecast.
Analyzing the DAN fundamentals
According to Dana Inc [NYSE:DAN], the company’s sales were 10.44B for trailing twelve months, which represents an -7.23% 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 -0.01 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.02.
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 11.94 points at the first support level, and at 11.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.20, and for the 2nd resistance point, it is at 12.33.
Ratios To Look Out For
It is important to note that Dana Inc [NYSE:DAN] has a current ratio of 1.49. On the other hand, the Quick Ratio is 0.86, and the Cash Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 0.17, the price to book ratio is 1.18.
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.
