Dana Inc (NYSE: DAN) is -14.72% lower on its value in year-to-date trading and has touched a low of $11.10 and a high of $19.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DAN stock was last observed hovering at around $12.44 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $12.46, the stock is 3.15% and -4.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.96 million and changing 0.16% at the moment leaves the stock -4.27% off its SMA200. DAN registered -30.78% loss for a year compared to 6-month loss of -3.04%.
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The stock witnessed a -2.43% gain in the last 1 month and extending the period to 3 months gives it a 4.88%, and is 3.75% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.66% over the week and 2.61% over the month.
Dana Inc (DAN) has around 41800 employees, a market worth around $1.81B and $10.65B in sales. Current P/E ratio is 138.60 and Fwd P/E is 8.46. Profit margin for the company is 0.12%. Distance from 52-week low is 12.30% and -36.91% from its 52-week high. The company has generated returns on investments over the last 12 months (0.30%).
Dana Inc quarterly earnings per share for the current quarter are estimated at $0.29 with sales reaching $2.78B over the same period.The EPS is expected to grow by 0.57% this year, but quarterly earnings will post 2.90% year-over-year. Quarterly sales are estimated to grow 1.30% in year-over-year returns.
The shares outstanding are 144.39M, and float is at 143.62M with Short Float at 4.07%.
Dana Inc (DAN) Insider Activity
The most recent transaction is an insider sale by Kellett James D, the company’s VP & Chief Accounting Officer. SEC filings show that Kellett James D sold 4,357 shares of the company’s common stock on May 16 ’24 at a price of $14.01 per share for a total of $61040.0. Following the sale, the insider now owns 6279.0 shares.
Dana Inc disclosed in a document filed with the SEC on Aug 01 ’23 that Aghili Aziz (EVP &Pres Off-Hwy Technologies) sold a total of 30,000 shares of the company’s common stock. The trade occurred on Aug 01 ’23 and was made at $19.19 per share for $0.58 million. Following the transaction, the insider now directly holds 14975.0 shares of the DAN stock.
Still, SEC filings show that on Aug 01 ’23, Kellett James D (VP & Chief Accounting Officer) disposed off 14,437 shares at an average price of $19.08 for $0.28 million. The insider now directly holds 6,279 shares of Dana Inc (DAN).
