Dana Inc [NYSE: DAN] slipped around -0.2 points on Thursday, while shares priced at $10.69 at the close of the session, down -1.84%.
Compared to the average trading volume of 1.20M shares, DAN reached a trading volume of 2282774 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about Dana Inc [DAN]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DAN shares is $13.29 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DAN stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wells Fargo have made an estimate for Dana Inc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on September 20, 2024. While these analysts kept the previous recommendation, Deutsche Bank raised their target price to Hold. The new note on the price target was released on September 10, 2024, representing the official price target for Dana Inc stock.
The Average True Range (ATR) for Dana Inc is set at 0.42, with the Price to Sales ratio for DAN stock in the period of the last 12 months amounting to 0.15. The Price to Book ratio for the last quarter was 1.05, with the Price to Cash per share for the same quarter was set at 2.97. Price to Free Cash Flow for DAN in the course of the last twelve months was 23.48 with Quick ratio for the last quarter at 0.90.
How has DAN stock performed recently?
Dana Inc [DAN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.23. With this latest performance, DAN shares gained by 1.04% in over the last four-week period, additionally sinking by -14.00% over the last 6 months – not to mention a drop of -22.54% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DAN stock in for the last two-week period is set at 52.76, with the RSI for the last a single of trading hit 55.30, and the three-weeks RSI is set at 50.46 for Dana Inc [DAN]. The present Moving Average for the last 50 days of trading for this stock 10.70, while it was recorded at 10.72 for the last single week of trading, and 12.40 for the last 200 days.
Dana Inc [DAN]: Deeper insight into the fundamentals
Dana Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.90 and a Current Ratio set at 1.48.
Earnings analysis for Dana Inc [DAN]
With the latest financial reports released by the company, Dana Inc posted 0.3/share EPS, while the average EPS was predicted by analysts to be reported at 0.13/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.17. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DAN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Dana Inc go to 43.10%.
Insider trade positions for Dana Inc [DAN]
There are presently around $103.11%, or 104.08%% of DAN stock, in the hands of institutional investors. The top three institutional holders of DAN stocks are: BLACKROCK INC. with ownership of 23.54 million shares, which is approximately 16.2541%. VANGUARD GROUP INC, holding 16.31 million shares of the stock with an approximate value of $$197.7 million in DAN stocks shares; and VANGUARD GROUP INC, currently with $$173.15 million in DAN stock with ownership which is approximately 9.8664%.
