Dana Inc Stock Today
| DAN Stock | USD 12.48 0.24 1.96% |
Performance0 of 100
| Odds Of DistressLess than 10
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Dana is selling at 12.48 as of the 26th of April 2024; that is 1.96 percent increase since the beginning of the trading day. The stock's open price was 12.24. Dana has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Dana Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of March 2024 and ending today, the 26th of April 2024. Click here to learn more.
Business Domain Automobiles & Components | IPO Date 2nd of January 2008 | Category Consumer Cyclical | Classification Consumer Discretionary |
Dana Incorporated provides power-conveyance and energy-management solutions for vehicles and machinery in North America, Europe, South America, and the Asia Pacific. Dana Incorporated was founded in 1904 and is headquartered in Maumee, Ohio. Dana operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. The company has 144.95 M outstanding shares of which 5.82 M shares are currently shorted by investors with about 3.3 days to cover. More on Dana Inc
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Dana Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Dana's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Dana or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Roger Wood | ||||
| Thematic Ideas | (View all Themes) | ||||
| Old Names | [Dane-Elec Memory SA, Danone S.A] | ||||
| Business Concentration | Automotive Parts & Equipment, Automobiles & Components, Consumer Discretionary, NYSE Composite, SP Small-Cap 600, Cars, Trump Equities, Automobiles and Trucks, Consumer Discretionary, Automobile Components, Auto Parts, Consumer Cyclical (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Dana report their recommendations after researching Dana's financial statements, talking to executives and customers, or listening in on Dana's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Dana Inc. The Dana consensus assessment is calculated by taking the average forecast from all of the analysts covering Dana. | |||||
Dana's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Dana's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Dana's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Dana's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Dana's financial leverage. It provides some insight into what part of Dana's total assets is financed by creditors.
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Dana Inc (DAN) is traded on New York Stock Exchange in USA. It is located in 3939 Technology Drive, Maumee, OH, United States, 43537 and employs 41,800 people. Dana is listed under Automotive Parts & Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.81 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Dana's market, we take the total number of its shares issued and multiply it by Dana's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Dana Inc runs under Automobile Components sector within Consumer Discretionary industry. The entity has 144.95 M outstanding shares of which 5.82 M shares are currently shorted by investors with about 3.3 days to cover.
Dana Inc has about 425 M in cash with 476 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.68.
Check Dana Probability Of Bankruptcy
Ownership AllocationDana Inc retains a total of 144.95 Million outstanding shares. The majority of Dana Inc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Dana Inc to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Dana. Please pay attention to any change in the institutional holdings of Dana Inc as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Dana Ownership Details
Dana Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Dana jumping above the current price in 90 days from now is about 60.18%. The Dana Inc probability density function shows the probability of Dana stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.5313 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Dana will likely underperform. Additionally, dana Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Dana to move above the current price in 90 days from now is about 60.18 (This Dana Inc probability density function shows the probability of Dana Stock to fall within a particular range of prices over 90 days) .
Dana Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Dana that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Dana's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Dana's value.| Instituion | Recorded On | Shares | |
| Nuveen Asset Management, Llc | 2023-12-31 | 2.5 M | |
| Gabelli Funds Llc | 2023-12-31 | 2.3 M | |
| Fisher Asset Management, Llc | 2023-12-31 | 2.2 M | |
| American Century Companies Inc | 2023-12-31 | 2.2 M | |
| Bank Of New York Mellon Corp | 2023-12-31 | 1.7 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.6 M | |
| Jacobs Levy Equity Management, Inc. | 2023-09-30 | 1.6 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 1.6 M | |
| Northern Trust Corp | 2023-12-31 | 1.5 M | |
| Blackrock Inc | 2023-12-31 | 24.5 M | |
| Vanguard Group Inc | 2023-12-31 | 16.2 M |
Dana Historical Income Statement
Dana Inc Income Statement is one of the three primary financial statements used for reporting Dana's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Dana Inc revenue and expense. Dana Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Dana's Discontinued Operations is very stable compared to the past year. View More FundamentalsDana Stock Against Markets
Picking the right benchmark for Dana stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Dana stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Dana is critical whether you are bullish or bearish towards Dana Inc at a given time. Please also check how Dana's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Dana without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Dana Corporate Directors
Dana corporate directors refer to members of a Dana board of directors. The board of directors generally takes responsibility for the Dana's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Dana's board members must vote for the resolution. The Dana board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Virginia Kamsky | Independent Director | Profile | |
| Raymond Mabus | Independent Director | Profile | |
| Ernesto Hernandez | Independent Director | Profile | |
| Rachel Gonzalez | Independent Director | Profile |
How to buy Dana Stock?
Before investing in Dana, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Dana. To buy Dana stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Dana. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Dana stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Dana Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Dana Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Dana Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Dana Stock please use our How to Invest in Dana guide.
Already Invested in Dana Inc?
The danger of trading Dana Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Dana is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Dana. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Dana Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Dana Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dana's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dana Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dana Inc Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dana Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Dana Inc information on this page should be used as a complementary analysis to other Dana's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Dana Stock analysis
When running Dana's price analysis, check to measure Dana's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dana is operating at the current time. Most of Dana's value examination focuses on studying past and present price action to predict the probability of Dana's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dana's price. Additionally, you may evaluate how the addition of Dana to your portfolios can decrease your overall portfolio volatility.
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| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |
Is Dana's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dana. If investors know Dana will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dana listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.727 | Dividend Share 0.4 | Earnings Share 0.26 | Revenue Per Share 73.096 | Quarterly Revenue Growth (0.02) |
The market value of Dana Inc is measured differently than its book value, which is the value of Dana that is recorded on the company's balance sheet. Investors also form their own opinion of Dana's value that differs from its market value or its book value, called intrinsic value, which is Dana's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dana's market value can be influenced by many factors that don't directly affect Dana's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dana's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dana is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dana's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.