Dana (NYSE:DAN - Get Free Report) is projected to issue its quarterly earnings data before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $0.10 per share and revenue of $2.33 billion for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.
Dana Stock Performance
Shares of DAN traded up $0.26 during mid-day trading on Friday, hitting $16.35. 1,128,420 shares of the company's stock were exchanged, compared to its average volume of 1,819,092. Dana has a fifty-two week low of $7.58 and a fifty-two week high of $16.86. The firm has a market capitalization of $2.37 billion, a P/E ratio of -148.58, a P/E/G ratio of 0.71 and a beta of 2.33. The business's 50 day moving average is $13.35 and its two-hundred day moving average is $11.29. The company has a current ratio of 1.49, a quick ratio of 0.86 and a debt-to-equity ratio of 1.58.
Dana Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, February 28th will be given a $0.10 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.40 dividend on an annualized basis and a yield of 2.45%. Dana's payout ratio is currently -363.60%.
Analyst Upgrades and Downgrades
A number of brokerages recently commented on DAN. UBS Group raised their price objective on shares of Dana from $18.00 to $20.00 and gave the company a "buy" rating in a research report on Monday, January 27th. Wells Fargo & Company upgraded shares of Dana from an "underweight" rating to an "equal weight" rating and raised their price objective for the company from $10.00 to $16.00 in a research report on Monday, January 27th. Deutsche Bank Aktiengesellschaft upgraded shares of Dana from a "hold" rating to a "buy" rating and raised their price objective for the company from $9.00 to $19.00 in a research report on Monday, December 9th. BNP Paribas upgraded shares of Dana from a "neutral" rating to an "outperform" rating and raised their price objective for the company from $9.00 to $16.00 in a research report on Tuesday, December 3rd. Finally, Barclays raised their price objective on shares of Dana from $18.00 to $23.00 and gave the company an "overweight" rating in a research report on Tuesday, January 28th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $18.86.
View Our Latest Research Report on DAN
About Dana
(
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Dana Incorporated, together with its subsidiaries, provides power-conveyance and energy-management solutions for vehicles and machinery in North America, Europe, South America, and the Asia Pacific. The company operates through four segments: Light Vehicle Drive Systems, Commercial Vehicle Drive and Motion Systems, Off-Highway Drive and Motion Systems, and Power Technologies.
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