With 0.77 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.01 million shares. The 52-week range on DAN shows that it touched its highest point at $16.90 and its lowest point at $7.58 during that stretch. It currently has a 1-year price target of $20.14. With its current market cap of 2.26 billion, DAN has annualized dividend of $0.40 while the current yield stands at 2.57%. Beta for the stock currently stands at 2.41.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DAN was down-trending over the past week, with a drop of -5.00%, but this was down by -0.32% over a month. Three-month performance surged to 88.16% while six-month performance rose 40.36%. The stock gained 23.36% in the past year, while it has gained 34.78% so far this year. A look at the trailing 12-month EPS for DAN yields -0.39 with Next year EPS estimates of 2.06. For the next quarter, that number is 0.18. This implies an EPS growth rate of 51.63% for this year and 44.23% for next year.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DAN since 5 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.88819 being high and $0.83655 being low. For DAN, this leads to a yearly average estimate of $0.86753. Based on analyst estimates, the high estimate for the next quarter is $0.44 and the low estimate is $0.33. The average estimate for the next quarter is thus $0.37.
