Dana (NYSE:DAN) issued an update on its 2018 earnings guidance on Monday morning. The company provided EPS guidance of $2.75-3.05 for the period.
DAN opened at $16.63 on Monday. Dana has a 12 month low of $15.41 and a 12 month high of $35.27. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.05 and a current ratio of 1.63. The company has a market capitalization of $2.40 billion, a P/E ratio of 6.60, a price-to-earnings-growth ratio of 4.46 and a beta of 1.68.
Dana (NYSE:DAN) last posted its earnings results on Wednesday, July 25th. The auto parts company reported $0.74 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.04). Dana had a net margin of 2.51% and a return on equity of 32.56%. The business had revenue of $2.05 billion during the quarter, compared to analyst estimates of $2 billion. During the same quarter in the prior year, the business earned $0.68 earnings per share. The firm’s revenue was up 11063.0% compared to the same quarter last year. As a group, research analysts expect that Dana will post 2.94 earnings per share for the current fiscal year.
Several equities analysts have recently issued reports on the company. Royal Bank of Canada reiterated a buy rating and set a $30.00 price target on shares of Dana in a research report on Tuesday, July 17th. Zacks Investment Research upgraded Dana from a sell rating to a hold rating in a research report on Tuesday, August 14th. Stephens reiterated a hold rating and set a $23.00 price target on shares of Dana in a research report on Wednesday, August 1st. Buckingham Research lowered their price target on Dana from $26.00 to $22.00 and set a neutral rating on the stock in a research report on Thursday, July 26th. Finally, Bank of America cut Dana from a buy rating to a neutral rating and set a $21.00 price target on the stock. in a research report on Thursday, October 18th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company. Dana has a consensus rating of Hold and a consensus price target of $26.70.
Dana Company Profile
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 Driveline Technologies, and Power Technologies.
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