How to Buy Dana Stock
Dana Inc
Dana is a auto part company located in Ohio, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker DAN on the NYSE exchange.
Dana stock last closed at $12.43, down 1.51% from the previous day, and has decreased 12.59% in one year. It has underperformed other stocks in the Auto Parts industry by 0.05 percentage points. Dana stock is currently +12.03% from its 52-week low of $11.10, and -37.06% from its 52-week high of $19.75.
At the moment, there are 144.96M shares of DAN outstanding. The market cap of DAN is $1.80B. In the past 24 hours, 2.25M DAN shares were traded.
How to Buy Dana Stock
Wondering how to invest in Dana stock? Here's how.
- Decide where to buy Dana stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Dana stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Pick your payment method and add your info.
- Evaluate Dana stock: The Dana ticker symbol is DAN. Is Dana stock a good investment? Should you buy shares of DAN? How do DAN's underlying business fundamentals look? Do top analysts think Dana is a good buy? Why has DAN's stock price moved recently? (Hint: Our stock research tools can help you decide if DAN is a good stock to buy).
- Make your DAN trade: Decide if you will purchase DAN shares at the current market price or use a limit order to purchase DAN stock at a given price.
- Track your DAN position: Create a watchlist to important updates regarding your position in Dana shares.
Step 1: Decide where to buy Dana stock
You will need a brokerage account in order to access the NYSE market and buy DAN shares.
Our preferred brokerage: eToro
In our opinion, eToro is the best place to buy stocks. Here's why:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to global financial markets: From Technology to Healthcare, New York to Shanghai — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, you need to fill out some personal details so you are able to buy DAN stock today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open your new trading account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've filled out your info on app for investing, you need to deposit funds:
Check out the video below for more details depositing money into your new investment account.
Step 4: Evaluate Dana stock
After you have selected the best place to buy Dana stock, it's crucial to research their stock prior to investing, so you actually comprehend the risk as well as the upside.
Dana Numbers
Dana Overview
WallStreetZen was built to help average investors perform better fundamental analysis.
You can see all of the due diligence checks on DAN's stock page.
Is DAN stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge DAN's intrinsic value.
Using relative valuations methods:
- DAN could be undervalued based on its P/E ratio of 138.11x, relative to Auto Parts industry P/E ratio of -129.32x
- DAN could be undervalued based on its P/B ratio of 1.17x, relative to Auto Parts industry P/B ratio of 1.74x
- DAN could be undervalued based on its PEG ratio of 0.24x
You can do more valuation analysis on DAN's stock here.
DAN Financial Health
Passed Financial Due Diligence Checks:
- DAN profit margin has gone up from -2.2% to 0.1% in the past year.
- There are more short-term assets than short-term liabilities on the DAN balance sheet.
- There are more short-term assets than long-term liabilities on the DAN balance sheet.
Failed Financial Due Diligence Checks:
- DAN earnings of $300.00M is not sufficient to cover its interest payments.
- Total DAN debt is higher than 5 years ago, relative to shareholder equity.
- DAN's operating cash flow of $544.00M allows it to safely service it's debt of $2.94B.
- DAN has a relatively high debt to equity ratio of 3.94.
Do Wall Street analysts think it's a good time to buy DAN stock
Out of 4 Equities analysts who research DAN, the consensus analyst rating on Dana is a Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Dana stock forecast page.
DAN Technical Indicators
DAN Performance Metrics
Last year, DAN earnings were $13.00M. Over the last 5 year, DAN's earnings have gone up by -50% per year. This was slower than the Auto Parts industry average of 5.17%.
Last year, DAN revenue was $10.65B. During the last 5 year, DAN's revenue has increased by 5.44% per year. This was slower than the Auto Parts industry average of 9.16%.
Learn more about DAN's earnings and revenue performance here.
Are DAN executives and large shareholders buying or selling the stock?
Over the last 12 months, insiders at DAN have sold more shares than they have bought.
Byron S. Foster, Pres Light Veh Drive Systems of DAN, was the latest DAN insider to sell. They sold $14,950.00 worth of DAN stock on Feb 22, 2024.
Learn more about who owns DAN stock here.
Does DAN provide a stable income stream?
Dana pays a dividend of 3.22%, compared to the Auto Parts industry's average dividend yield of 2.69%. If you owned $1,000 of DAN stock, you would have been paid $32.18 last year.
Dana dividend payments have consistently grown over the past decade and have remained stable.
Get more info about Dana dividend yield and history here.
What do other traders have to say about DAN?
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your DAN trade
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount, use a limit order.
Click the Open button and eToro will execute your order.
If you require additional info about buying stocks on eToro, watch the helpful video below:
Step 6: Track your DAN position
Now that you own some DAN stock, you'll want to stay up-to-date on your new shares.
Make a watchlist to monitor your DAN stock.
DAN Feed
How to Buy Stock in Dana
To reiterate, here are the 6 steps to buy stock in Dana:
- Decide where to buy Dana stock
- Open your brokerage account
- Put funds into your brokerage account
- Evaluate Dana stock
- Make your DAN trade
- Track your DAN position
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get updates on your investment in Dana, hit the button below to create your watchlist.
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