Dana Inc (NYSE:DAN) has been given a consensus rating of “Hold” by the fourteen brokerages that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $28.11.
Several research analysts recently commented on the company. ValuEngine lowered Dana from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st. Deutsche Bank lifted their price target on Dana from $24.00 to $30.00 and gave the stock a “hold” rating in a research report on Friday, November 17th. B. Riley reiterated a “neutral” rating on shares of Dana in a research report on Wednesday, November 1st. Royal Bank of Canada reiterated a “buy” rating on shares of Dana in a research report on Friday, October 27th. Finally, Barclays lifted their price target on Dana from $28.00 to $30.00 and gave the stock an “equal weight” rating in a research report on Friday, October 27th.
In other Dana news, insider Dwayne Matthews sold 17,543 shares of the firm’s stock in a transaction dated Monday, October 30th. The shares were sold at an average price of $29.60, for a total value of $519,272.80. Following the completion of the sale, the insider now owns 76,402 shares of the company’s stock, valued at $2,261,499.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Terrence J. Keating sold 2,321 shares of the firm’s stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $29.62, for a total transaction of $68,748.02. Following the completion of the sale, the director now directly owns 52,140 shares of the company’s stock, valued at approximately $1,544,386.80. The disclosure for this sale can be found here. In the last three months, insiders sold 124,085 shares of company stock valued at $3,776,775. 1.60% of the stock is owned by insiders.
Dana (NYSE:DAN) traded up $1.14 on Friday, reaching $33.30. The company had a trading volume of 2,139,900 shares, compared to its average volume of 2,079,200. The stock has a market capitalization of $4,940.00, a price-to-earnings ratio of 6.98 and a beta of 1.67. Dana has a 12 month low of $17.53 and a 12 month high of $33.45. The company has a current ratio of 1.72, a quick ratio of 1.17 and a debt-to-equity ratio of 1.36.
Dana (NYSE:DAN) last released its quarterly earnings results on Thursday, October 26th. The auto parts company reported $0.59 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.56 by $0.03. The company had revenue of $1.83 billion during the quarter, compared to analyst estimates of $1.71 billion. Dana had a return on equity of 29.34% and a net margin of 10.27%. The firm’s revenue was up 32.3% on a year-over-year basis. During the same quarter last year, the business posted $0.49 earnings per share. analysts predict that Dana will post 2.45 earnings per share for the current year.
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Dana Company Profile
Dana Incorporated, formerly Dana Holding Corporation, is a global provider of technology driveline, sealing and thermal-management products. The Company operates in four segments: Light Vehicle Driveline Technologies (Light Vehicle), Commercial Vehicle Driveline Technologies (Commercial Vehicle), Off-Highway Driveline Technologies (Off-Highway) and Power Technologies.
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