Insights Into Dana Incorporated (DAN) Exposure By Institutions

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Dana Incorporated (DAN) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.40, or -2.97%, to $13.07. Volume reached 172,079 shares, with price reaching a high of $13.07 and a low of $13.07. Most recently, Yahoo Finance reported about the stock as it publicized that Dana Introduces New Brevini EvoMax™ Helical and Bevel-helical Gearbox Range for Marine, Offshore Applications at SMM 2022.


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Stocks Info

Dana Incorporated is listed on the NYSE in the Consumer Cyclical sector while operating in the Auto Parts industry. At the end of the last regular session, the stock closed at $13.07 and fluctuated between $13.62 as its day high and $13.01 as its day low. The current market capitalization of Dana Incorporated is $1.89B. A total of 1.49 million shares were traded on the day, compared to an average of 1.18M shares.

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, DAN has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 49 BUYs and 26 SELLs from insiders. Insiders purchased 469,312 shares during that period but sold 216,437.

In the most recent transaction, Foster Byron S. bought 8,500 shares of DAN for 16.31 per share on Mar 04. After the transaction, the Pres, Light Veh Drive Systems now owns 9,786 company shares. In a previous transaction on Nov 05, Aghili Aziz sold 26,504 shares at 23.56 per share. DAN shares that EVP &Pres Off-Hwy Technologies owns now total 0.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Dana Incorporated pays an annual dividend of $0.40, resulting in a dividend yield of 3.06%, and it has a price to earnings (P/E) ratio of 19.42. DAN’s most recent ex-dividend date was 08/11/2022 when it declared a $0.10 quarterly dividend that was paid in cash on 09/02/2022. Previously, the company paid the dividend on 05/27/2022 with an ex-dividend date of 05/05/2022. The dividend was $0.10 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for DAN in the last 3 months, the mean price target is $16.67 with high estimates of $18.00 and low estimates of $15.00. In terms of 52-week highs and lows, DAN has a high of $25.59 and a low of $13.06.

As of this writing, DAN has an earnings estimate of $0.26 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.3 per share and a lower estimate of $0.21. The company reported an EPS of $0.08 in the last quarter, which was -61.9% lower than expectations of $0.21.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 8 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DAN is Overweight with a score of 3.71. A total of 3 analysts rated the stock as Buy while 0 rated it as Overweight while 5 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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