For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Dana Inc’s stock clocked out at $12.06, up 2.46% from its previous closing price of $11.77. In other words, the price has increased by $2.46 from its previous closing price. On the day, 1.5 million shares were traded.
Ratios:
To gain a deeper understanding of DAN’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.11. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 1.45. In the meantime, Its Debt-to-Equity ratio is 2.19 whereas as Long-Term Debt/Eq ratio is at 1.99.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on January 27, 2025, Upgraded its rating to Equal Weight and sets its target price to $16 from $10 previously.
On January 16, 2025, UBS Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $11 to $18.
Deutsche Bank Upgraded its Hold to Buy on December 09, 2024, whereas the target price for the stock was revised from $9 to $19.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 16 ’24 when Kellett James D sold 4,357 shares for $14.01 per share. The transaction valued at 61,040 led to the insider holds 6,279 shares of the business.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 1.31.
Stock Price History:
Over the past 52 weeks, DAN has reached a high of $16.90, while it has fallen to a 52-week low of $7.58. The 50-Day Moving Average of the stock is -12.28%, while the 200-Day Moving Average is calculated to be 1.68%.
Shares Statistics:
A total of 144.99M shares are outstanding, with a floating share count of 129.83M. Insiders hold about 10.90% of the company’s shares, while institutions hold 91.22% stake in the company.
