Dana (NYSE:DAN) Rating Increased to Buy at Wall Street Zen

Key Points

• Wall Street Zen upgraded Dana from a "hold" to a "buy", and several other firms (UBS, Deutsche Bank, Zacks, RBC) have recently raised ratings or price targets; the consensus is a "Moderate Buy" with an average target of $36.67.
• Shares are trading near their 1‑year high (opened at $36.44 vs $36.67 high) with a market cap of about $3.99 billion, but the stock carries a high PE (63.92) and elevated leverage (debt/equity 2.85).
• Fundamentals are mixed despite upgrades: Q4 reported EPS was $0.85 on $1.87 billion revenue, with a low net margin (1.13%) and negative ROE (−3.06%), while institutional ownership is very high at 96.79%.

Dana (NYSE:DAN - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued on Saturday.

Several other brokerages have also commented on DAN. UBS Group upped their price target on Dana from $35.00 to $40.00 and gave the stock a "buy" rating in a research note on Thursday, February 19th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $36.00 price target on shares of Dana in a report on Thursday, January 22nd. Zacks Research raised Dana from a "hold" rating to a "strong-buy" rating in a report on Monday, March 23rd. Royal Bank Of Canada increased their target price on Dana from $32.00 to $40.00 and gave the stock an "outperform" rating in a report on Thursday, February 19th. Finally, Wells Fargo & Company increased their price target on Dana from $30.00 to $35.00 and gave the stock an "equal weight" rating in a research report on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, Dana presently has an average rating of "Moderate Buy" and an average target price of $36.67.

Dana Stock Up 0.8%

Dana stock opened at $36.44 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 1-year low of $10.26 and a 1-year high of $36.67. The company has a market cap of $3.99 billion, a PE ratio of 63.92 and a beta of 2.05. The stock's 50 day moving average price is $33.13 and its 200 day moving average price is $26.29.

Dana (NYSE:DAN - Get Free Report) last posted its earnings results 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 fiscal year.

Institutional Trading of Dana

A number of institutional investors and hedge funds have recently modified their holdings of DAN. EverSource Wealth Advisors LLC increased its position in shares of Dana by 39.2% during the fourth 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 increased its position in shares of Dana by 11.3% during the fourth 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 second quarter valued at approximately $176,000. Catalyst Funds Management Pty Ltd bought a new stake in shares of Dana during the fourth quarter valued at approximately $309,000. Finally, SG Americas Securities LLC bought a new stake in shares of Dana during the third quarter valued at approximately $488,000. 96.79% of the stock is currently owned by institutional investors.

Dana Company Profile

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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