Dana (NYSE:DAN) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, July 31st. Analysts expect Dana to post earnings of $0.90 per share for the quarter. Dana has set its FY19 guidance at $2.95-3.45 EPS.
Dana (NYSE:DAN) last issued its quarterly earnings results on Thursday, May 2nd. The auto parts company reported $0.78 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.73 by $0.05. The firm had revenue of $2.16 billion for the quarter, compared to analyst estimates of $2.18 billion. Dana had a return on equity of 31.31% and a net margin of 5.11%. The business’s revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.75 earnings per share. On average, analysts expect Dana to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of NYSE:DAN opened at $19.40 on Tuesday. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.63 and a quick ratio of 1.02. The stock has a 50 day moving average price of $18.41. The firm has a market capitalization of $2.81 billion, a price-to-earnings ratio of 6.53, a PEG ratio of 1.66 and a beta of 2.19. Dana has a 1 year low of $12.65 and a 1 year high of $21.79.
A number of analysts have recently issued reports on the company. ValuEngine raised Zogenix from a “buy” rating to a “strong-buy” rating in a research note on Thursday, June 27th. Credit Suisse Group assumed coverage on Magna International in a research note on Wednesday, June 26th. They issued a “neutral” rating and a $55.00 price target on the stock. Wolfe Research lowered Southwestern Energy from a “peer perform” rating to an “underperform” rating in a research note on Thursday, April 18th. Finally, Zacks Investment Research lowered Eisai from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 24th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the stock. Dana presently has an average rating of “Hold” and an average target price of $21.10.
In other Dana news, VP James D. Kellett sold 2,825 shares of the business’s stock in a transaction on Friday, May 17th. The stock was sold at an average price of $16.05, for a total transaction of $45,341.25. Following the transaction, the vice president now owns 2,704 shares of the company’s stock, valued at $43,399.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.75% of the company’s stock.
Dana Incorporated provides drive and motion products, sealing solutions, thermal-management technologies, and fluid-power products to vehicle and engine manufacturer in North America, Europe, South America, and the Asia Pacific. The company operates in four segments: Light Vehicle Driveline Technologies, Commercial Vehicle Driveline Technologies, Off-Highway Drive and Motion Technologies, and Power Technologies.
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