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

Key Points

• "Moderate Buy" is the consensus from nine analysts (3 hold, 5 buy, 1 strong buy) with an average 1‑year price target of $37, and several firms have recently raised targets (Barclays $41, RBC $40).
• In the latest quarter Dana reported $0.85 EPS on $1.87 billion in revenue, has a negative ROE (-3.06%) and a thin net margin (1.13%), while the stock trades at a high PE (~65) and near its one‑year high.
• Dana raised its quarterly dividend to $0.12 ($0.48 annualized) for a ~1.3% yield, though the dividend payout ratio is elevated at about 84%.

Dana Incorporated (NYSE:DAN - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the nine research firms that are currently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $37.00.

Several equities research analysts recently commented on the company. Royal Bank Of Canada increased their price objective on Dana from $32.00 to $40.00 and gave the company an "outperform" rating in a research report on Thursday, February 19th. Wells Fargo & Company boosted their price target on Dana from $30.00 to $35.00 and gave the company an "equal weight" rating in a research note on Thursday, February 19th. Barclays boosted their price target on Dana from $32.00 to $41.00 and gave the company an "overweight" rating in a research note on Monday, March 30th. Weiss Ratings upgraded Dana from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Thursday, March 19th. Finally, Wall Street Zen upgraded Dana from a "hold" rating to a "buy" rating in a research note on Saturday, April 11th.

Dana Trading Up 5.0%

Dana stock opened at $37.09 on Friday. The company has a debt-to-equity ratio of 2.85, a current ratio of 1.17 and a quick ratio of 0.86. Dana has a one year low of $11.06 and a one year high of $37.85. The stock has a market capitalization of $4.06 billion, a PE ratio of 65.07 and a beta of 2.05. The business's fifty day moving average is $33.71 and its 200 day moving average is $26.86.

Dana (NYSE:DAN - Get Free Report) last released its quarterly earnings data on Friday, February 27th. The auto parts company reported $0.85 EPS for the quarter. Dana had a negative return on equity of 3.06% and a net margin of 1.13%.The company had revenue of $1.87 billion for the quarter. On average, sell-side analysts predict that Dana will post 1.5 EPS for the current year.

Dana Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, February 27th were paid a dividend of $0.12 per share. The ex-dividend date was Friday, February 27th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.3%. This is an increase from Dana's previous quarterly dividend of $0.10. Dana's dividend payout ratio is presently 84.21%.

Institutional Investors Weigh In On Dana

A number of large investors have recently made changes to their positions in DAN. EverSource Wealth Advisors LLC grew its stake in shares of Dana by 39.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,580 shares of the auto parts company's stock valued at $38,000 after purchasing an additional 445 shares during the period. GAMMA Investing LLC grew its stake in shares of Dana by 11.3% during the 4th quarter. GAMMA Investing LLC now owns 4,315 shares of the auto parts company's stock valued at $103,000 after purchasing an additional 439 shares during the period. Captrust Financial Advisors bought a new stake in shares of Dana during the 2nd quarter valued at about $176,000. Catalyst Funds Management Pty Ltd bought a new stake in shares of Dana during the 4th quarter valued at about $309,000. Finally, SG Americas Securities LLC purchased a new position in shares of Dana during the 3rd quarter valued at about $488,000. 96.79% of the stock is currently owned by institutional investors.

About Dana

Dana Incorporated is a global leader in the design and manufacture of drivetrain, sealing, and thermal-management technologies for the automotive, commercial vehicle, off-highway and industrial markets. The company's product portfolio includes axles, driveshafts, transmissions, e-Propulsion systems and thermal-management assemblies that help improve fuel efficiency, reduce emissions and enhance vehicle performance. Dana's expertise spans internal combustion and electrified powertrains, positioning it to support both traditional and next-generation mobility solutions.

Founded in 1904 by Clarence W.

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