Dana (DAN) Stock Price, News & Analysis

Company Overview

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. It offers drive systems, including axles, driveshafts, transmission, and wheel and track drives; motion systems, such as winches, slew drives, and hub drives; and electrodynamic technologies comprised of motors, inverters, software and control systems, battery-management systems, and fuel cell plates. The company also provides sealing solutions, such as gaskets, seals, cam covers, and oil pan modules; thermal-management technologies, including transmission and engine oil cooling, battery and electronics cooling, charge air cooling, and thermal-acoustical protective shielding; and digital solutions that include active and passive system controls, as well as descriptive and predictive analytics. It serves vehicle manufacturers in the global light vehicle, medium/heavy vehicle, and off-highway markets, as well as the stationary industrial market. The company was formerly known as Dana Holding Corporation and changed its name to Dana Incorporated in August 2016. Dana Incorporated was founded in 1904 and is headquartered in Maumee, Ohio.

Key Stats

• Today's Range: $11.25 to $11.80
• 50-Day Range: $7.67 to $13.01
• 52-Week Range: $7.58 to $15.07
• Volume: 3.80 million shs
• Average Volume: 1.53 million shs
• Market Capitalization: $1.67 billion
• P/E Ratio: N/A
• Dividend Yield: 3.48%
• Price Target: $15.29
• Consensus Rating: Moderate Buy

Dana Stock Analysis - MarketRank™

Dana scored higher than 90% of companies evaluated by MarketBeat, and ranked 13th out of 91 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Dana has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 2 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Dana has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 52.94%

Earnings Growth

Earnings for Dana are expected to grow by 52.94% in the coming year, from $0.85 to $1.30 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Dana is -104.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Dana is -104.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Dana has a PEG Ratio of 1.26. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Dana has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.46% of the float of Dana has been sold short.

Short Interest Ratio / Days to Cover

Dana has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Dana has recently increased by 40.00%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Dana pays a meaningful dividend of 3.21%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Dana does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Dana will have a dividend payout ratio of 30.77% next year. This indicates that Dana will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -5.37

Percentage of Shares Shorted

3.46% of the float of Dana has been sold short.

Short Interest Ratio / Days to Cover

Dana has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Dana has recently increased by 40.00%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.89

News Sentiment

Dana has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Dana this week, compared to 2 articles on an average week.

Search Interest

Only 2 people have searched for DAN on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Dana to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Dana insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.92% of the stock of Dana is held by insiders.

Percentage Held by Institutions

96.79% of the stock of Dana is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

DAN Stock Analysis - Frequently Asked Questions

How have DAN shares performed this year?

Dana's stock was trading at $14.61 on January 1st, 2024. Since then, DAN shares have decreased by 21.4% and is now trading at $11.49.
View the best growth stocks for 2024 here.

How were Dana's earnings last quarter?

Dana Incorporated (NYSE:DAN) announced its quarterly earnings data on Wednesday, October, 30th. The auto parts company reported $0.12 EPS for the quarter, missing analysts' consensus estimates of $0.25 by $0.13. Dana's revenue was down 7.2% compared to the same quarter last year.

Who are Dana's major shareholders?

Dana's top institutional investors include JB Capital Partners LP (0.98%), Systematic Financial Management LP (0.23%), Segall Bryant & Hamill LLC (0.18%) and SG Americas Securities LLC (0.04%). Insiders that own company stock include Aziz Aghili, James D Kellett and Byron S Foster.
View institutional ownership trends.

How do I buy shares of Dana?

Shares of DAN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Dana own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Dana investors own include Tesla (TSLA), NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Home Depot (HD) and Netflix (NFLX).

Company Calendar

• Last Earnings: 10/30/2024
• Ex-Dividend for 11/29 Dividend: 11/08/2024
• Dividend Payable: 11/29/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Auto/Tires/Trucks
• Industry: Motor vehicle parts & accessories
• Sub-Industry: Auto Parts & Equipment
• Current Symbol: NYSE:DAN
• CUSIP: 23582520
• CIK: 26780
• Web: www.dana.com
• Phone: (419) 887-3000
• Fax: 419-887-5200
• Employees: 41,800
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $15.29
• High Stock Price Target: $19.00
• Low Stock Price Target: $10.00
• Potential Upside/Downside: +33.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.11)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 13.52
• P/E Growth: 1.26
• Net Income: $38 million
• Net Margins: -0.15%
• Pretax Margin: 1.23%
• Return on Equity: 3.48%
• Return on Assets: 0.70%

Debt

• Debt-to-Equity Ratio: 1.58
• Current Ratio: 1.49
• Quick Ratio: 0.86

Sales & Book Value

• Annual Sales: $10.44 billion
• Price / Sales: 0.16
• Cash Flow: $3.32 per share
• Price / Cash Flow: 3.46
• Book Value: $11.34 per share
• Price / Book: 1.01

Miscellaneous

• Outstanding Shares: 144,979,000
• Free Float: 143,645,000
• Market Cap: $1.67 billion
• Optionable: Optionable
• Beta: 2.36