Dana (DAN) Projected to Post Earnings on Thursday

Dana (NYSE:DAN) is expected to post its quarterly earnings results before the market opens on Thursday, February 20th. Analysts expect Dana to post earnings of $0.10 per share and revenue of $2.33 billion for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Dana Stock Performance

Shares of DAN opened at $16.86 on Wednesday. The company has a quick ratio of 0.86, a current ratio of 1.49 and a debt-to-equity ratio of 1.58. The firm has a market cap of $2.44 billion, a price-to-earnings ratio of -153.21, a PEG 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 $16.89. The business’s 50 day moving average is $13.42 and its two-hundred day moving average is $11.32.

Dana Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Investors 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 dividend yield of 2.37%. The ex-dividend date is Friday, February 28th. Dana’s dividend payout ratio is currently -363.60%.

Analyst Upgrades and Downgrades

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

Dana Company Profile

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.