Dana (DAN) Projected to Post Earnings on Thursday

Dana (NYSE:DAN) is anticipated 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. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Dana Trading Up 1.6 %

DAN opened at $16.35 on Tuesday. The firm has a market cap of $2.37 billion, a price-to-earnings ratio of -148.58, a price-to-earnings-growth ratio of 0.71 and a beta of 2.33. Dana has a 52 week low of $7.58 and a 52 week high of $16.86. The business’s 50 day moving average is $13.42 and its two-hundred day moving average is $11.32. The company has a quick ratio of 0.86, a current ratio of 1.49 and a debt-to-equity ratio of 1.58.

Dana Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, February 28th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.45%. The ex-dividend date of this dividend is Friday, February 28th. Dana’s dividend payout ratio (DPR) is -363.64%.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Wells Fargo & Company raised Dana from an “underweight” rating to an “equal weight” rating and lifted their price target for the stock from $10.00 to $16.00 in a research report on Monday, January 27th. BNP Paribas raised Dana from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from $9.00 to $16.00 in a research report on Tuesday, December 3rd. Deutsche Bank Aktiengesellschaft raised Dana from a “hold” rating to a “buy” rating and boosted their target price for the company from $9.00 to $19.00 in a report on Monday, December 9th. Barclays boosted their target price on Dana from $18.00 to $23.00 and gave the company an “overweight” rating in a report on Tuesday, January 28th. Finally, JPMorgan Chase & Co. boosted their target price on Dana from $14.00 to $20.00 and gave the company an “overweight” rating in a report on Monday, January 27th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $18.86.

About Dana

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.