A new trading day began on Monday, with Dana Inc (NYSE: DAN) stock price up 13.30% from the previous day of trading, before settling in for the closing price of $10.00. DAN’s price has ranged from $7.58 to $15.07 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 6.33%. Meanwhile, its annual earnings per share averaged 1.95%. With a float of $129.34 million, this company’s outstanding shares have now reached $144.98 million.
Considering the fact that the conglomerate employs 41800 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 8.49%, operating margin of 3.3%, and the pretax margin is 1.23%.
Dana Inc (DAN) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Auto Parts Industry. The insider ownership of Dana Inc is 10.79%, while institutional ownership is 89.94%. The most recent insider transaction that took place on May 16 ’24, was worth 61,040. In this transaction VP & Chief Accounting Officer of this company sold 4,357 shares at a rate of $14.01, taking the stock ownership to the 6,279 shares.
Dana Inc (DAN) Recent Fiscal highlights
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.08 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.95% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.56% during the next five years compared to -38.20% drop over the previous five years of trading.
Dana Inc (NYSE: DAN) Trading Performance Indicators
Here are Dana Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.16. Likewise, its price to free cash flow for the trailing twelve months is 28.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.11, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 1.15 in one year’s time.
Technical Analysis of Dana Inc (DAN)
Compared to the last year’s volume of 1.45 million, its volume of 3.57 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 90.58%. Additionally, its Average True Range was 0.56.
During the past 100 days, Dana Inc’s (DAN) raw stochastic average was set at 64.77%, which indicates a significant decrease from 91.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.53% in the past 14 days, which was higher than the 60.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.71, while its 200-day Moving Average is $11.52. Nevertheless, the first resistance level for the watch stands at $11.80 in the near term. At $12.26, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.86. If the price goes on to break the first support level at $10.74, it is likely to go to the next support level at $10.14. Now, if the price goes above the second support level, the third support stands at $9.68.
Dana Inc (NYSE: DAN) Key Stats
With a market capitalization of 1.64 billion, the company has a total of 144,979K Shares Outstanding. Currently, annual sales are 10,555 M while annual income is 38,000 K. The company’s previous quarter sales were 2,476 M while its latest quarter income was 4,000 K.
