Research Analysts’ Weekly Ratings Changes for Dana (DAN)

A number of research firms have changed their ratings and price targets for Dana (NYSE: DAN):

• 1/28/2025 – Dana had its price target raised by analysts at Barclays PLC from $18.00 to $23.00. They now have an “overweight” rating on the stock.
• 1/27/2025 – Dana had its price target raised by analysts at JPMorgan Chase & Co. from $14.00 to $20.00. They now have an “overweight” rating on the stock.
• 1/27/2025 – Dana was upgraded by analysts at Wells Fargo & Company from an “underweight” rating to an “equal weight” rating. They now have a $16.00 price target on the stock, up previously from $10.00.
• 1/27/2025 – Dana had its price target raised by analysts at UBS Group AG from $18.00 to $20.00. They now have a “buy” rating on the stock.
• 1/16/2025 – Dana was upgraded by analysts at UBS Group AG from a “neutral” rating to a “buy” rating. They now have a $18.00 price target on the stock, up previously from $11.00.
• 12/16/2024 – Dana had its price target raised by analysts at Wells Fargo & Company from $7.00 to $10.00. They now have an “underweight” rating on the stock.
• 12/9/2024 – Dana was upgraded by analysts at Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating. They now have a $19.00 price target on the stock, up previously from $9.00.
• 12/3/2024 – Dana was upgraded by analysts at BNP Paribas from a “neutral” rating to an “outperform” rating. They now have a $16.00 price target on the stock, up previously from $9.00.
• 12/2/2024 – Dana was upgraded by analysts at Barclays PLC from an “equal weight” rating to an “overweight” rating. They now have a $18.00 price target on the stock, up previously from $12.00.

Dana Stock Performance

NYSE:DAN traded up $0.09 during mid-day trading on Thursday, hitting $16.60. The stock had a trading volume of 1,537,100 shares, compared to its average volume of 1,779,753. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.86 and a current ratio of 1.49. The company’s 50 day simple moving average is $12.18 and its 200 day simple moving average is $11.00. The stock has a market cap of $2.41 billion, a price-to-earnings ratio of -150.91 and a beta of 2.31. Dana Incorporated has a twelve month low of $7.58 and a twelve month high of $16.87.

Dana (NYSE:DAN) last announced its quarterly earnings results on Wednesday, October 30th. The auto parts company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.13). Dana had a negative net margin of 0.15% and a positive return on equity of 3.48%. The company had revenue of $2.48 billion during the quarter, compared to analyst estimates of $2.57 billion. During the same quarter last year, the company posted $0.30 EPS. The firm’s quarterly revenue was down 7.2% on a year-over-year basis. On average, equities research analysts forecast that Dana Incorporated will post 0.85 earnings per share for the current year.

Institutional Investors Weigh In On Dana

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. GAMMA Investing LLC boosted its stake in shares of Dana by 118.3% in the 4th quarter. GAMMA Investing LLC now owns 2,702 shares of the auto parts company’s stock valued at $31,000 after purchasing an additional 1,464 shares during the last quarter. Versant Capital Management Inc boosted its position in Dana by 484.6% during the fourth quarter. Versant Capital Management Inc now owns 2,695 shares of the auto parts company’s stock valued at $31,000 after acquiring an additional 2,234 shares during the last quarter. Entropy Technologies LP acquired a new stake in Dana during the 3rd quarter worth about $250,000. Martingale Asset Management L P acquired a new stake in Dana during the 3rd quarter worth about $346,000. Finally, SG Americas Securities LLC boosted its position in shares of Dana by 81.8% during the 3rd quarter. SG Americas Securities LLC now owns 58,274 shares of the auto parts company’s stock valued at $615,000 after purchasing an additional 26,225 shares in the last quarter. 96.79% of the stock is currently owned by institutional investors.

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.