Dana (DAN) Projected to Post Earnings on Thursday

Dana (NYSE:DAN) is anticipated 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 Trading Up 3.1 %

NYSE:DAN opened at $16.86 on Wednesday. Dana has a 1 year low of $7.58 and a 1 year high of $16.89. The stock 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. The business has a fifty day moving average of $13.42 and a 200-day moving average of $11.32. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.86 and a current ratio of 1.49.

Dana Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, February 28th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.40 annualized dividend and a dividend yield of 2.37%. Dana’s dividend payout ratio (DPR) is -363.60%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on DAN. Barclays upped their price objective on Dana from $18.00 to $23.00 and gave the company an “overweight” rating in a report on Tuesday, January 28th. BNP Paribas upgraded Dana from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $9.00 to $16.00 in a report on Tuesday, December 3rd. JPMorgan Chase & Co. upped their price objective on Dana from $14.00 to $20.00 and gave the company an “overweight” rating in a report on Monday, January 27th. Deutsche Bank Aktiengesellschaft upgraded Dana from a “hold” rating to a “buy” rating and upped their price objective for the company from $9.00 to $19.00 in a report on Monday, December 9th. Finally, UBS Group upped their target price on Dana from $18.00 to $20.00 and gave the company a “buy” rating in a report on Monday, January 27th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price 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.