The price of Dana Inc (NYSE: DAN) closed at $12.19 in the last session, down -3.48% from day before closing price of $12.63. In other words, the price has decreased by -$0.44 from its previous closing price. On the day, 1414314 shares were traded.
Ratios:
We take a closer look at DAN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 1.58. In the meantime, Its Debt-to-Equity ratio is 1.89 whereas as Long-Term Debt/Eq ratio is at 1.83.
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 this company, UBS on September 13, 2023, initiated with a Neutral rating and assigned the stock a target price of $17.
On February 15, 2023, Barclays started tracking the stock assigning a Equal Weight rating and target price of $20.
RBC Capital Mkts Downgraded its Outperform to Sector Perform on October 28, 2022, whereas the target price for the stock was revised from $15 to $16.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 01 when Aghili Aziz sold 30,000 shares for $19.19 per share. The transaction valued at 575,674 led to the insider holds 14,975 shares of the business.
Kellett James D sold 14,437 shares of DAN for $275,419 on Aug 01. The VP & Chief Accounting Officer now owns 6,279 shares after completing the transaction at $19.08 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DAN now has a Market Capitalization of 1.76B and an Enterprise Value of 4.21B. As of this moment, Dana’s Price-to-Earnings (P/E) ratio for their current fiscal year is 46.31, and their Forward P/E ratio for the next fiscal year is 7.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.34. 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 1.12. Its current Enterprise Value per Revenue stands at 0.40 whereas that against EBITDA is 5.63.
Stock Price History:
The Beta on a monthly basis for DAN is 2.50, which has changed by -20.27% over the last 52 weeks, in comparison to a change of 28.18% over the same period for the S&P500. Over the past 52 weeks, DAN has reached a high of $19.75, while it has fallen to a 52-week low of $11.10. The 50-Day Moving Average of the stock is 13.71, while the 200-Day Moving Average is calculated to be 14.63.
Shares Statistics:
According to the various share statistics, DAN traded on average about 992.92K shares per day over the past 3-months and 1.27M shares per day over the past 10 days. A total of 144.39M shares are outstanding, with a floating share count of 143.04M. Insiders hold about 0.93% of the company’s shares, while institutions hold 97.95% stake in the company. Shares short for DAN as of Jan 31, 2024 were 5.68M with a Short Ratio of 5.72, compared to 5.28M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 3.93% and a Short% of Float of 3.96%.
Dividends & Splits
The forward annual dividend rate for DAN is 0.40, which was 0.40 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 3.17%, it implies a Forward Annual Dividend Yield of 3.28%. The stock’s 5-year Average Dividend Yield is 2.22.
Earnings Estimates
The company has 6 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.23 for the current quarter, with a high estimate of $0.34 and a low estimate of $0.07, while EPS last year was $0.25. The consensus estimate for the next quarter is $0.33, with high estimates of $0.42 and low estimates of $0.14.
Analysts are recommending an EPS of between $1.52 and $0.4 for the fiscal current year, implying an average EPS of $1.12. EPS for the following year is $1.65, with 8 analysts recommending between $2.74 and $0.61.
Revenue Estimates
According to 6 analysts, the current quarter’s revenue is expected to be $2.7B. It ranges from a high estimate of $2.8B to a low estimate of $2.61B. As of the current estimate, Dana Inc’s year-ago sales were $2.64B, an estimated increase of 2.00% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $2.79B, an increase of 1.70% less than the figure of $2.00% in the same quarter last year. There is a high estimate of $2.81B for the next quarter, whereas the lowest estimate is $2.77B.
A total of 8 analysts have provided revenue estimates for DAN’s current fiscal year. The highest revenue estimate was $11.09B, while the lowest revenue estimate was $10.74B, resulting in an average revenue estimate of $10.94B. In the same quarter a year ago, actual revenue was $10.55B, up 3.60% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $11.48B in the next fiscal year. The high estimate is $11.83B and the low estimate is $11.26B. The average revenue growth estimate for next year is up 5.00% from the average revenue estimate for this year.
