With 0.97 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.76 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 $17.57. With its current market cap of 2.13 billion, DAN has annualized dividend of $0.40 while the current yield stands at 2.74%. Beta for the stock currently stands at 2.06.
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 up-trending over the past week, with a rise of 12.47%, but this was up by 29.75% over a month. Three-month performance dropped to -7.88% while six-month performance rose 90.48%. The stock gained 9.68% in the past year, while it has gained 26.38% so far this year. A look at the trailing 12-month EPS for DAN yields -0.24 with Next year EPS estimates of 1.84. For the next quarter, that number is 0.34. This implies an EPS growth rate of 41.67% for this year and 37.91% for next year.
Float and Shares Shorts:
At present, 145.73 million DAN shares are outstanding with a float of 129.85 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.
