Dana (DAN) Scheduled to Post Earnings on Wednesday

Dana (NYSE:DANGet Rating) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, April 27th. Analysts expect the company to announce earnings of $0.17 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Dana stock opened at $16.54 on Wednesday. Dana has a 12 month low of $14.44 and a 12 month high of $28.44. The stock has a market cap of $2.40 billion, a price-to-earnings ratio of 12.25 and a beta of 2.37. The business has a 50 day moving average price of $17.92 and a two-hundred day moving average price of $21.32. The company has a quick ratio of 0.93, a current ratio of 1.65 and a debt-to-equity ratio of 1.21.

The firm also recently declared a quarterly dividend, which was paid on Friday, March 25th. Investors of record on Friday, March 4th were issued a dividend of $0.10 per share. The ex-dividend date was Thursday, March 3rd. This represents a $0.40 dividend on an annualized basis and a yield of 2.42%. Dana’s dividend payout ratio is 29.63%.

Several research analysts recently issued reports on DAN shares. Wells Fargo & Company downgraded shares of Dana from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $23.00 to $17.00 in a research report on Tuesday, April 12th. Exane BNP Paribas started coverage on shares of Dana in a research report on Monday, April 11th. They set a “neutral” rating on the stock. TheStreet downgraded shares of Dana from a “b-” rating to a “c” rating in a research report on Wednesday, February 23rd. Barclays downgraded shares of Dana from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $24.00 to $18.00 in a research report on Thursday, April 7th. Finally, StockNews.com started coverage on shares of Dana in a research report on Thursday, March 31st. They set a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $24.71.

In other Dana news, insider Byron S. Foster bought 8,500 shares of the business’s stock in a transaction on Friday, March 4th. The shares were bought at an average cost of $16.31 per share, for a total transaction of $138,635.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.80% of the company’s stock.

Dana Company Profile (Get Rating)

Dana Incorporated provides power-conveyance and energy-management solutions for vehicles and machinery in North America, Europe, South America, and the Asia Pacific. It operates in four segments: Light Vehicle Drive Systems, Commercial Vehicle Drive and Motion Systems, Off-Highway Drive and Motion Systems, and Power Technologies.

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Earnings History for Dana (NYSE:DAN)

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