Dana Incorporated (NYSE:DAN) Stock Rated “Moderate Buy” by Sell-Side Brokerages

Dana Incorporated (NYSE:DAN) has received a consensus recommendation of “Moderate Buy” from the eight analysts that are currently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $36.67.

A number of analysts have commented on DAN shares. Deutsche Bank Aktiengesellschaft lowered their price target on Dana from $40.00 to $39.00 and set a “buy” rating for the company in a research report on Tuesday, July 7th. Royal Bank Of Canada increased their price objective on Dana from $33.00 to $37.00 and gave the company an “outperform” rating in a report on Friday, August 7th. Wells Fargo & Company cut their price objective on Dana from $33.00 to $28.00 and set an “equal weight” rating on the stock in a report on Friday, August 7th. Weiss Ratings cut Dana from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Finally, Zacks Research raised Dana from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 8th.

Dana Stock Performance

NYSE:DAN traded up $0.43 during trading hours on Friday, hitting $28.93. 1,179,088 shares of the company were exchanged, compared to its average volume of 1,489,542. 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 has a 52-week low of $18.65 and a 52-week high of $39.56. The stock has a market capitalization of $3.11 billion, a price-to-earnings ratio of 2.88 and a beta of 2.05. The company’s 50 day moving average price is $29.67 and its 200-day moving average price is $31.08.

Dana (NYSE:DAN) 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). Dana had a return on equity of 4.07% and a net margin of 14.55%. The company had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $1.93 billion. During the same period in the prior year, the business posted $0.13 EPS. The company’s quarterly revenue was up 3.9% on a year-over-year basis. Dana has set its FY 2026 guidance at 1.750-2.250 EPS. As a group, research analysts forecast that Dana will post 1.93 earnings per share for the current year.

Dana Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 7th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, August 7th. This represents a $0.48 dividend on an annualized basis and a yield of 1.7%. Dana’s dividend payout ratio (DPR) is currently 4.78%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. BlackRock Inc. acquired a new position in Dana during the second quarter valued at $496,741,000. Nykredit A S acquired a new stake in Dana during the 2nd quarter worth about $84,700,000. JB Capital Partners LP purchased a new position in shares of Dana during the 2nd quarter valued at about $50,400,893. Bank of New York Mellon Corp purchased a new position in shares of Dana during the 2nd quarter valued at about $25,571,000. Finally, SG Americas Securities LLC raised its stake in shares of Dana by 1,341.4% during the 1st quarter. SG Americas Securities LLC now owns 690,454 shares of the auto parts company’s stock valued at $23,234,000 after buying an additional 642,552 shares during the last quarter. Hedge funds and other institutional investors own 96.79% of the company’s stock.

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.