How to buy Dana Incorporated stock - 19 April

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How to buy Dana Incorporated stock

Own Dana Incorporated stock in just a few minutes.

Dana Incorporated is an auto parts business based in the US. Dana Incorporated shares (DAN) are listed on the NYSE and all prices are listed in US Dollars. Dana Incorporated employs 38,200 staff and has a trailing 12-month revenue of around USD0.00.

How to buy shares in Dana Incorporated

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Dana Incorporated. Find the stock by name or ticker symbol: DAN. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Dana Incorporated reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Dana Incorporated, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Dana Incorporated. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Dana Incorporated share price

Use our graph to track the performance of DAN stocks over time.

Dana Incorporated shares at a glance

Information last updated 2021-04-15.
52-week rangeUSD$7.85 - USD$27.47
50-day moving average USD$24.89
200-day moving average USD$19.96
Wall St. target priceUSD$26.89
PE ratio 216.3917
Dividend yield USD$0.1 (0.38%)
Earnings per share (TTM) USD$0.10

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Dana Incorporated stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Dana Incorporated under- or over-valued?

Valuing Dana Incorporated stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Dana Incorporated's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Dana Incorporated's P/E ratio

Dana Incorporated's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 216x. In other words, Dana Incorporated shares trade at around 216x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Dana Incorporated's PEG ratio

Dana Incorporated's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 6.8516. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Dana Incorporated's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Dana Incorporated's EBITDA

Dana Incorporated's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$542 million.

The EBITDA is a measure of a Dana Incorporated's overall financial performance and is widely used to measure a its profitability.

Dana Incorporated financials

Revenue TTM USD$7.1 billion
Operating margin TTM 2.49%
Gross profit TTM USD$621 million
Return on assets TTM 1.52%
Return on equity TTM -2.46%
Profit margin -0.44%
Book value $12.17
Market capitalisation USD$3.9 billion

TTM: trailing 12 months

Shorting Dana Incorporated shares

There are currently 2.5 million Dana Incorporated shares held short by investors – that's known as Dana Incorporated's "short interest". This figure is 13% down from 2.9 million last month.

There are a few different ways that this level of interest in shorting Dana Incorporated shares can be evaluated.

Dana Incorporated's "short interest ratio" (SIR)

Dana Incorporated's "short interest ratio" (SIR) is the quantity of Dana Incorporated shares currently shorted divided by the average quantity of Dana Incorporated shares traded daily (recently around 1.2 million). Dana Incorporated's SIR currently stands at 2.04. In other words for every 100,000 Dana Incorporated shares traded daily on the market, roughly 2040 shares are currently held short.

However Dana Incorporated's short interest can also be evaluated against the total number of Dana Incorporated shares, or, against the total number of tradable Dana Incorporated shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Dana Incorporated's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Dana Incorporated shares in existence, roughly 20 shares are currently held short) or 0.0199% of the tradable shares (for every 100,000 tradable Dana Incorporated shares, roughly 20 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Dana Incorporated.

Find out more about how you can short Dana Incorporated stock.

Dana Incorporated share dividends

26%

Dividend payout ratio: 25.64% of net profits

Recently Dana Incorporated has paid out, on average, around 25.64% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.51% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Dana Incorporated shareholders could enjoy a 1.51% return on their shares, in the form of dividend payments. In Dana Incorporated's case, that would currently equate to about $0.1 per share.

While Dana Incorporated's payout ratio might seem fairly standard, it's worth remembering that Dana Incorporated may be investing much of the rest of its net profits in future growth.

Dana Incorporated's most recent dividend payout was on 25 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 3 March 2021 (the "ex-dividend date").

Have Dana Incorporated's shares ever split?

Dana Incorporated's shares were split on a 1:2 basis on 31 May 2007. So if you had owned 2 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Dana Incorporated shares – just the quantity. However, indirectly, the new 100% higher share price could have impacted the market appetite for Dana Incorporated shares which in turn could have impacted Dana Incorporated's share price.

Dana Incorporated share price volatility

Over the last 12 months, Dana Incorporated's shares have ranged in value from as little as $7.8478 up to $27.47. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Dana Incorporated's is 2.6354. This would suggest that Dana Incorporated's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Dana Incorporated overview

Dana Incorporated provides power-conveyance and energy-management solutions for vehicles and machinery in North America, Europe, South America, and the Asia Pacific. It offers sealing solutions, thermal-management technologies, and digital solutions to vehicle and engine manufacturers. The company operates in four segments: Light Vehicle Drive Systems, Commercial Vehicle Drive and Motion Systems, Off-Highway Drive and Motion Systems, and Power Technologies. The Light Vehicle Drive Systems segment offers front drive steer rigid axles, rear drive rigid axles, driveshafts/propshafts, front/rear drive units, AWD systems, power transfer units, electromechanical propulsion systems, EV gearboxes, and differentials for use in light trucks, sport utility vehicles, crossover utility vehicles, vans, and passenger cars. The Commercial Vehicle Drive and Motion Systems segment provides steer and drive axles, driveshafts, tire inflation systems, high and low voltage motors and inverters, vehicle integration services, and connected software solutions for medium and heavy duty trucks, buses, and specialty vehicles. The Off-Highway Drive and Motion Systems segment manufactures front and rear axles; driveshafts; transmissions; torque converters; wheel, track, and winch planetary drives; industrial gear boxes; custom gears and shifting solutions; tire inflation systems; electronic controls; hydraulic valves, pumps and motors; and EV motors and inverter for use in construction, earth moving, agricultural, mining, forestry, material handling, and industrial stationary applications. The Power Technologies segment offers gaskets, cover modules, heat shields, engine sealing systems, cooling products, and heat transfer products for light vehicle, medium/heavy vehicle, and off-highway markets.

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