Dana Incorporated (NYSE:DAN) is scheduled to be releasing its earnings data before the market opens on Thursday, October 26th. Analysts expect Dana to post earnings of $0.52 per share for the quarter. Dana has set its FY17 guidance at $2.20-2.40 EPS.
Dana (NYSE:DAN) last released its earnings results on Monday, July 31st. The auto parts company reported $0.68 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.51 by $0.17. The company had revenue of $18.40 million during the quarter, compared to analysts’ expectations of $1.67 billion. Dana had a return on equity of 30.79% and a net margin of 10.80%. The business’s revenue for the quarter was down 98.8% on a year-over-year basis. During the same period last year, the firm earned $0.53 EPS. On average, analysts expect Dana to post $2.35 EPS for the current fiscal year and $2.53 EPS for the next fiscal year.
Shares of Dana Incorporated (DAN) opened at 29.07 on Thursday. The stock has a 50 day moving average price of $26.88 and a 200 day moving average price of $22.88. Dana Incorporated has a 1-year low of $14.53 and a 1-year high of $29.19. The firm has a market capitalization of $4.21 billion, a PE ratio of 6.17 and a beta of 1.56.
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DAN has been the subject of a number of research reports. BidaskClub upgraded Dana from a “hold” rating to a “buy” rating in a research note on Saturday, July 1st. Zacks Investment Research upgraded Dana from a “hold” rating to a “buy” rating and set a $26.00 price target for the company in a research note on Thursday, July 27th. Royal Bank Of Canada reiterated a “buy” rating and issued a $27.00 price target on shares of Dana in a research note on Thursday, October 5th. Guggenheim started coverage on Dana in a research note on Wednesday, June 21st. They issued a “buy” rating and a $27.00 price target for the company. Finally, Barclays PLC restated an “equal weight” rating and issued a $26.00 price objective (up from $24.00) on shares of Dana in a report on Wednesday, August 2nd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company. Dana currently has a consensus rating of “Hold” and an average target price of $23.80.
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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