Dana Incorporated (DAN) - What Are Analysts Thinking About This Stock?

Key Points

• Analysts have a “Moderate Buy” consensus on Dana, split evenly between four buy and four hold ratings, with an average 12-month price target of $36.67.
• Dana reported quarterly revenue of $2.01 billion, above estimates, but earnings per share of $0.19 fell well short of the $0.70 consensus. Revenue increased 3.9% year over year.
• The company maintains a quarterly dividend of $0.12, equal to a 1.6% annualized yield, while institutional investors own approximately 96.8% of the stock.

Dana Incorporated (NYSE:DAN - Get Free Report) has been given an average recommendation of "Moderate Buy" by the eight brokerages that are presently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $36.67.

DAN has been the subject of several recent research reports. Wells Fargo & Company cut 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 report on Friday, August 7th. Barclays increased their price target on shares of Dana from $33.00 to $35.00 and gave the stock an "equal weight" rating in a research report on Friday, August 14th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Dana from $40.00 to $39.00 and set a "buy" rating on the stock in a research note on Tuesday, July 7th. Zacks Research upgraded Dana from a "strong sell" rating to a "hold" rating in a research note on Tuesday, September 8th. Finally, Weiss Ratings cut Dana from a "hold (c+)" rating to a "hold (c)" rating in a report on Tuesday, August 11th.

Dana Stock Up 0.9%

Dana stock opened at $29.29 on Friday. Dana has a one year low of $17.89 and a one year high of $39.56. The stock has a fifty day moving average of $29.62 and a 200 day moving average of $31.25. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.03 and a current ratio of 1.49. The stock has a market cap of $3.15 billion, a PE ratio of 2.91 and a beta of 2.05.

Dana (NYSE:DAN - Get Free Report) last released 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). Dana had a net margin of 14.55% and a return on equity of 4.07%. The firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $1.93 billion. During the same quarter in the prior year, the firm earned $0.13 earnings per share. The company's revenue for the quarter was up 3.9% compared to the same quarter last year. Dana has set its FY 2026 guidance at 1.750-2.250 EPS. As a group, sell-side analysts predict that Dana will post 1.93 EPS for the current year.

Dana Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 7th were paid a $0.12 dividend. The ex-dividend date of this dividend was Friday, August 7th. This represents a $0.48 annualized dividend and a dividend yield of 1.6%. Dana's dividend payout ratio (DPR) is 4.78%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. GAMMA Investing LLC raised its stake in Dana by 15.1% during the 3rd quarter. GAMMA Investing LLC now owns 5,311 shares of the auto parts company's stock worth $145,000 after acquiring an additional 695 shares during the period. Farther Finance Advisors LLC lifted its holdings in Dana by 216.4% during the third quarter. Farther Finance Advisors LLC now owns 2,661 shares of the auto parts company's stock valued at $73,000 after purchasing an additional 1,820 shares in the last quarter. Tidal Investments LLC boosted its position in shares of Dana by 185.2% in the second quarter. Tidal Investments LLC now owns 44,850 shares of the auto parts company's stock worth $1,220,000 after purchasing an additional 29,123 shares during the period. Engineers Gate Manager LP boosted its position in shares of Dana by 59.1% in the second quarter. Engineers Gate Manager LP now owns 152,871 shares of the auto parts company's stock worth $4,160,000 after purchasing an additional 56,766 shares during the period. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of Dana in the second quarter worth $72,000. 96.79% of the stock is owned by hedge funds and other institutional investors.

About Dana

Dana Incorporated NYSE: DAN is a global supplier of drivetrain, propulsion, thermal-management and sealing technologies for the automotive, commercial-vehicle, off-highway and industrial markets. The company develops systems that help vehicles transmit power, manage heat, reduce emissions and improve efficiency across conventional, hybrid and battery-electric platforms.

Its products include axles, driveshafts, transmissions, differentials, power-transfer units, sealing solutions, thermal-management systems and electric propulsion components.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.