Dana Incorporated (NYSE:DAN – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the eight brokerages that are presently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $37.00.
Several brokerages recently issued reports on DAN. Royal Bank Of Canada raised their price target on Dana from $33.00 to $37.00 and gave the stock an “outperform” rating in a report on Friday, August 7th. Zacks Research upgraded Dana from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 8th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Dana from $40.00 to $39.00 and set a “buy” rating for the company in a research report on Tuesday, July 7th. Wells Fargo & Company reduced their target price on shares of Dana from $33.00 to $28.00 and set an “equal weight” rating for the company in a research note on Friday, August 7th. Finally, Barclays lifted their price target on Dana from $33.00 to $35.00 and gave the company an “equal weight” rating in a report on Friday, August 14th.
Read Our Latest Stock Analysis on Dana
Hedge Funds Weigh In On Dana
Dana Stock Up 0.7%
DAN stock opened at $30.01 on Tuesday. The firm has a market cap of $3.23 billion, a price-to-earnings ratio of 2.99 and a beta of 2.01. Dana has a 1-year low of $17.74 and a 1-year high of $39.56. The firm has a fifty day moving average price of $29.32 and a two-hundred day moving average price of $31.65. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.49 and a quick ratio of 1.03.
Dana (NYSE:DAN – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The auto parts company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.51). The business had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $1.93 billion. Dana had a return on equity of 4.07% and a net margin of 14.55%.The company’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.13 earnings per share. Dana has set its FY 2026 guidance at 1.750-2.250 EPS. Research analysts predict that Dana will post 1.93 EPS for the current year.
Dana Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 7th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, August 7th. Dana’s dividend payout ratio (DPR) is 4.78%.
About Dana
Dana Incorporated (NYSE:DAN) is a global supplier of drivetrain, propulsion, and thermal-management technologies for the automotive, commercial vehicle, and off-highway markets. The company develops and manufactures systems that help vehicles transmit power, manage heat, and improve efficiency across conventional, hybrid, and electric powertrains.
Its product portfolio includes axles, driveshafts, differentials, transmissions, sealing and thermal-management systems, and electrified propulsion components such as electric motors, inverters, gearboxes, and complete e-Propulsion systems.
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