Investors’ Patience Is Being Tested Right Now By Dana Inc (NYSE: DAN)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Yahoo Finance discussed the stock recently as it posted Dana Earns ‘Top Employer 2024’ Awards in 16 Countries, Regional Distinction for Europe, North America.

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Stocks Info

Dana Inc is listed on the NYSE as a member of the Consumer Cyclical sector and is a part of the Auto Parts industry. The current market capitalization of Dana Inc is $1.93B. A total of 0.76 million shares were traded on the day, compared to an average of 1.19M shares.

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, DAN has seen 2 BUY and 1 SELL insider trades, representing the acquisition of 5,252 and the disposition of 1,997 shares. Over the last 12 months, there were 64 BUYs and 33 SELLs from insiders. Insiders purchased 636,063 shares during that period but sold 322,545.

In the most recent transaction, Aghili Aziz sold 30,000 shares of DAN for 19.19 per share on Aug 01. After the transaction, the EVP &Pres Off-Hwy Technologies now owns 14,975 company shares. In a previous transaction on Aug 01, Kellett James D sold 14,437 shares at 19.08 per share. DAN shares that VP & Chief Accounting Officer owns now total 6,279.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. DAN’s most recent ex-dividend date was 11/9/2023 when it declared a $0.10 quarterly dividend that was paid in cash on 12/1/2023. Previously, the company paid the dividend on 9/1/2023 with an ex-dividend date of 8/10/2023. The DAN stock dividend was $0.10 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for DAN in the last 3 months, the mean price target is $16.13 with high estimates of $21.00 and low estimates of $14.00. In terms of 52-week highs and lows, DAN has a high of $19.75 and a low of $11.10.

As of this writing, DAN has an earnings estimate of -$0.06 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $0.13 per share and a lower estimate of -$0.17. The company reported an EPS of $0.37 in the last quarter, which was 117.60% higher than expectations of $0.17.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. DAN’s latest balance sheet shows that the firm has $285.00M in Cash & Short Term Investments as of fiscal 2021. There were $2.67B in debt and $2.17B in liabilities at the time. Its Book Value Per Share was $11.01, while its Total Shareholder’s Equity was $2.17B.

Analysts Opinion

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. Currently, 0 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 Buy with a score of 3.57.

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