Significant negative changes in fundamentals have recently occurred for Dana Inc (NYSE: DAN): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.
Dana Inc (NYSE: DAN) has recently experienced meaningful negative changes in investment behavior: its shorter term price trend turned down.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, DAN is expected to continue to be an important Value Builder.
Dana has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Dana has a good Appreciation Score of 74 but a poor Power Rating of 21, with the Low Neutral Value Trend Rating the result.
Recent Price Action
Dana Inc (NYSE: DAN) stock declined modestly by -1.6% on 10/25/24. The stock closed at $10.14. However, trading volume in this decline was unusually low at 59% of normal. The stock has been weak relative to the market over the last nine months and has declined -8.6% during the last week.
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