With 1.66 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.75 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 2.09 billion, DAN has annualized dividend of $0.40 while the current yield stands at 2.77%. Beta for the stock currently stands at 2.27.
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 -7.38%, but this was down by -8.26% over a month. Three-month performance surged to 44.30% while six-month performance rose 27.81%. The stock gained 13.27% in the past year, while it has gained 24.83% so far this year. A look at the trailing 12-month EPS for DAN yields -0.39 with Next year EPS estimates of 2.09. For the next quarter, that number is 0.18. This implies an EPS growth rate of 63.17% for this year and 36.54% for next year.
Float and Shares Shorts:
At present, 144.99 million DAN shares are outstanding with a float of 129.21 million shares on hand for trading.
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 $0.38.
Summary of Insider Activity:
Insiders traded DAN stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
