Analysts Point To Dana Inc (NYSE: DAN) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Recently, Yahoo Finance discussed the stock, revealing that Dana Incorporated to Participate in BofA Securities 2024 Automotive Summit.

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Stocks Info

As a NYSE listed company, DAN falls under the Consumer Cyclical sector while operating within the Auto Parts industry segment. The current market capitalization of Dana Inc is $1.77B. A total of 2.69 million shares were traded on the day, compared to an average of 1.18M shares.

In the most recent transaction, Aghili Aziz sold 30,000 shares of DAN for 19.19 per share on Aug 01 ’23. After the transaction, the EVP &Pres Off-Hwy Technologies now owns 14,975 company shares. In a previous transaction on Aug 01 ’23, 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

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Dana Inc pays an annual dividend of $0.40, resulting in a dividend yield of 3.26%, and it has a price to earnings (P/E) ratio of 46.58. DAN’s most recent ex-dividend date was 2/29/2024 when it declared a $0.10 quarterly dividend that was paid in cash on 3/22/2024. Previously, the company paid the dividend on 12/1/2023 with an ex-dividend date of 11/9/2023. The DAN stock dividend was $0.10 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. 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 $0.17 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.28 per share and a lower estimate of $0.07. The company reported an EPS of $0.3 in the last quarter, which was 130.80% higher than expectations of $0.13.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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 $10.91, while its Total Shareholder’s Equity was $2.17B.

Analysts Opinion

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. 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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