Dana Incorporated (NYSE:DAN) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on Dana, with four buy and four hold ratings and an average 12-month price target of $37.
• Dana reported quarterly revenue of $2.01 billion, exceeding estimates, but adjusted earnings of $0.19 per share fell well short of the $0.70 consensus forecast. Analysts expect full-year EPS of approximately $1.93.
• The company pays a quarterly dividend of $0.12 per share, equivalent to a 1.6% yield, while institutional investors own approximately 96.8% of Dana’s outstanding stock.

Dana Incorporated (NYSE:DAN - Get Free Report) has been given a consensus rating of "Moderate Buy" by the eight ratings firms that are presently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $37.00.

DAN has been the subject of a number of recent research reports. Wells Fargo & Company cut their price objective on shares of Dana from $33.00 to $28.00 and set an "equal weight" rating for the company in a report on Friday, August 7th. UBS Group dropped their price target on shares of Dana from $39.00 to $38.00 and set a "buy" rating for the company in a research report on Friday, August 7th. Zacks Research upgraded shares of Dana from a "strong sell" rating to a "hold" rating in a research report on Tuesday, September 8th. Barclays boosted their price target on Dana from $33.00 to $35.00 and gave the company an "equal weight" rating in a research note on Friday, August 14th. Finally, Royal Bank Of Canada increased their price target on Dana from $33.00 to $37.00 and gave the stock an "outperform" rating in a research report on Friday, August 7th.

Dana Stock Performance

DAN opened at $30.33 on Tuesday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.49 and a quick ratio of 1.03. The business has a fifty day simple moving average of $28.95 and a 200 day simple moving average of $31.81. Dana has a 1 year low of $17.74 and a 1 year high of $39.56. The company has a market capitalization of $3.26 billion, a PE ratio of 3.02 and a beta of 2.01.

Dana (NYSE:DAN - Get Free Report) last posted its earnings results on Thursday, August 6th. The auto parts company reported $0.19 earnings per share for the quarter, missing analysts' consensus estimates of $0.70 by ($0.51). The firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $1.93 billion. Dana had a return on equity of 4.07% and a net margin of 14.55%.The firm's quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.13 EPS. Dana has set its FY 2026 guidance at 1.750-2.250 EPS. Research analysts expect that Dana will post 1.93 EPS for the current year.

Dana Announces Dividend

The business also recently announced 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 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, August 7th. Dana's dividend payout ratio is 4.78%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of DAN. Tidal Investments LLC lifted its position in Dana by 185.2% during 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 raised its position in shares of Dana by 59.1% in the 2nd quarter. Engineers Gate Manager LP now owns 152,871 shares of the auto parts company's stock valued at $4,160,000 after buying an additional 56,766 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in shares of Dana in the 2nd quarter valued at approximately $72,000. Squarepoint Ops LLC raised its position in shares of Dana by 96.8% in the 2nd quarter. Squarepoint Ops LLC now owns 245,894 shares of the auto parts company's stock valued at $6,691,000 after buying an additional 120,978 shares in the last quarter. Finally, Nykredit A S bought a new stake in shares of Dana during the 2nd quarter worth approximately $61,081,000. Institutional investors and hedge funds own 96.79% of the company's stock.

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.

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.