Dana (DAN) to Release Earnings on Thursday

Dana (NYSE:DAN) is projected to release its earnings data 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. Investors interested in registering for the company’s conference call can do so using this link.

Dana Trading Down 3.2 %

Shares of NYSE:DAN opened at $15.81 on Thursday. 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 has a 52-week low of $7.58 and a 52-week high of $16.86. The stock has a market cap of $2.29 billion, a price-to-earnings ratio of -143.71, a PEG ratio of 0.71 and a beta of 2.33. The business has a 50-day moving average price of $13.20 and a 200-day moving average price of $11.24.

Dana Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, February 28th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.53%. Dana’s payout ratio is -363.60%.

Analyst Upgrades and Downgrades

DAN has been the topic of a number of research reports. UBS Group increased their price objective on shares of Dana from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. BNP Paribas upgraded Dana from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $9.00 to $16.00 in a research note on Tuesday, December 3rd. Wells Fargo & Company raised Dana from an “underweight” rating to an “equal weight” rating and raised their target price for the stock from $10.00 to $16.00 in a report on Monday, January 27th. JPMorgan Chase & Co. boosted their price target on Dana from $14.00 to $20.00 and gave the company an “overweight” rating in a report on Monday, January 27th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Dana from a “hold” rating to a “buy” rating and lifted their target price for the company from $9.00 to $19.00 in a report on Monday, December 9th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average 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.