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The closing price of Dana Inc (NYSE: DAN) was $12.46 for the day, up 0.16% from the previous closing price of $12.44. In other words, the price has increased by $0.16 from its previous closing price. On the day, 0.96 million shares were traded. DAN stock price reached its highest trading level at $12.85 during the session, while it also had its lowest trading level at $12.3394.
Ratios:
Our analysis of DAN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.42. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 1.91 whereas as Long-Term Debt/Eq ratio is at 1.85.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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.
Aghili Aziz sold 30,000 shares of DAN for $575,674 on Aug 01 ’23. The EVP &Pres Off-Hwy Technologies now owns 14,975 shares after completing the transaction at $19.19 per share. On Aug 01 ’23, another insider, Kellett James D, who serves as the VP & Chief Accounting Officer of the company, sold 14,437 shares for $19.08 each. As a result, the insider received 275,419 and left with 6,279 shares of the company.
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 1806239104 and an Enterprise Value of 4656241664. As of this moment, Dana’s Price-to-Earnings (P/E) ratio for their current fiscal year is 138.60, and their Forward P/E ratio for the next fiscal year is 8.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.52. 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 1.17. Its current Enterprise Value per Revenue stands at 0.437 whereas that against EBITDA is 6.087.
Stock Price History:
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 -4.17%, while the 200-Day Moving Average is calculated to be -4.27%.
Shares Statistics:
DAN traded an average of 1.18M shares per day over the past three months and 948956 shares per day over the past ten days. A total of 144.39M shares are outstanding, with a floating share count of 143.62M. Insiders hold about 0.92% of the company’s shares, while institutions hold 98.87% stake in the company. Shares short for DAN as of 1719532800 were 5849669 with a Short Ratio of 4.96, compared to 1717113600 on 5951772. Therefore, it implies a Short% of Shares Outstanding of 5849669 and a Short% of Float of 5.6799997.
Dividends & Splits
With its trailing 12-month dividend rate of 0.4, DAN has a forward annual dividend rate of 0.40. Against a Trailing Annual Dividend Yield of 0.032154344The stock’s 5-year Average Dividend Yield is 2.29.
