Dana Inc
About: Dana Inc is engaged in the designing and manufacturing of efficient propulsion and energy-management solutions that power vehicles and machines in all mobility markets across the globe. The company has four operating segments: Light Vehicles, Power Technologies, Commercial Vehicle, and Off-Highway. The Light Vehicles segment generates the majority portion of revenue by providing products to support light vehicle OEMs. Its products are designed for light trucks, SUVs, CUVs, vans, and passenger cars.
Employees: 41,100
0
Funds holding %
of 6,814 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
238% more call options, than puts
Call options by funds: $1.22M | Put options by funds: $360K
23% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 40
3% more funds holding
Funds holding: 261 [Q2] → 268 (+7) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
1.59% less ownership
Funds ownership: 101.56% [Q2] → 99.97% (-1.59%) [Q3]
14% less capital invested
Capital invested by funds: $1.78B [Q2] → $1.53B (-$253M) [Q3]
19% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 103
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$10
12%
downside
Avg. target
$14
23%
upside
High target
$18
58%
upside
3 analyst ratings
2 positive
67%
0 neutral
0%
1 negative
33%
Wells Fargo Colin Langan 21% 1-year accuracy 7 / 33 met price target | 12%downside $10 | Underweight Maintained | 16 Dec 2024 |
Barclays Dan Levy 28% 1-year accuracy 11 / 40 met price target | 58%upside $18 | Overweight Upgraded | 2 Dec 2024 |
JP Morgan Ryan Brinkman 24% 1-year accuracy 10 / 41 met price target | 23%upside $14 | Overweight Maintained | 11 Nov 2024 |
Financial journalist opinion
Neutral
PRNewsWire
3 weeks ago
Dana Launches Spicer AdvanTEK® 40 Pro Axle System for Improved Durability and Optimized Fleet Performance; 2.05 Axle Ratio Offers Extreme Downspeeding Coverage
MAUMEE, Ohio , Dec. 18, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced the new AdvanTEK® 40 Pro axle system, the next evolution of its distinguished 40,000-pound 6x4 tandem axle system. Designed to meet evolving commercial vehicle fleet requirements with increased efficiency and enhanced overall productivity, the AdvanTEK 40 Pro axle system includes the fastest axle ratio at 2.05 for advanced engine downspeeding.
Neutral
PRNewsWire
1 month ago
Dana Incorporated Appoints Nora LaFreniere to its Board of Directors
MAUMEE, Ohio , Dec. 11, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that Nora LaFreniere has been appointed to the company's board of directors, effective immediately. Ms. LaFreniere serves as the Executive Vice President and General Counsel of Otis Worldwide Corporation, a global, publicly traded company.
Positive
Schwab Network
1 month ago
Overlooked Stock: DAN
George Tsilis says Dana Inc. (DAN) has more under the surface than its recent Barclays upgrade may suggest. He looks deep through the company's earnings to explain what's driving its sharp turn to the upside.
Neutral
PRNewsWire
1 month ago
Dana Incorporated to Participate in UBS Global Industrials and Transportation Conference
MAUMEE, Ohio , Dec. 2, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today it will participate in the UBS Global Industrials and Transportation Conference on Dec. 4, 2024. Beginning at 12:10 p.m.
Neutral
PRNewsWire
1 month ago
Dana Announces Leadership Transition and Actions to Accelerate Value Creation
Appoints Current Dana Director R. Bruce McDonald as Chairman and CEO Announces Plan to Sell Off-Highway Business Initiates $200 Million Cost Reduction Plan Confirms 2024 Full-Year Guidance Ranges for Sales, Adjusted EBITDA and Free Cash Flow MAUMEE, Ohio , Nov. 25, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced the appointment of R.
Neutral
Seeking Alpha
2 months ago
Dana Incorporated Stock: Getting Close To An Upgrade
Dana Incorporated shares plunged after management announced disappointing revenue and earnings results for the third quarter of the company's 2024 fiscal year. It doesn't help that the business also reduced guidance for the year, with revenue now expected to be well below what it was previously. Even with these troubles, though, DAN stock is incredibly cheap and investors would be wise to remain bullish on the business.
Neutral
Seeking Alpha
2 months ago
Dana, Inc. (DAN) Q3 2024 Earnings Call Transcript
Dana, Inc. (NYSE:DAN ) Q3 2024 Earnings Conference Call October 30, 2024 9:00 AM ET Company Participants Craig Barber - Senior Director, IR and Corporate Communications James Kamsickas - Chairman & CEO Timothy Kraus - SVP & CFO Conference Call Participants Tom Narayan - RBC Colin Langan - Wells Fargo James Picariello - BNP Paribas Bruno Dossena - Wolfe Research Joe Spak - UBS Dan Levy - Barclays Operator Good morning, and welcome to Dana Incorporated's Third Quarter 2024 Financial Webcast and Conference Call. My name is Regina, and I will be your conference facilitator.
Negative
Zacks Investment Research
2 months ago
Dana (DAN) Q3 Earnings and Revenues Lag Estimates
Dana (DAN) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.30 per share a year ago.
Neutral
PRNewsWire
2 months ago
Dana Incorporated Reports 2024 Third-Quarter Financial Results, Reports Strong Third-Quarter Profit Margin, Maintains Full-Year Free Cash Flow Guidance
Sales of $2.48 billion Net income of $4 million Adjusted EBITDA of $232 million Adjusted EBITDA margin of 9.4 percent, a 30-basis-point improvement compared with 2023 Full-year free cash flow guidance maintained at $100 million MAUMEE, Ohio , Oct. 30, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced financial results for the third quarter of 2024. "Dana achieved 30 basis points of profit-margin improvement in the third quarter despite lower sales as a result of softening demand for both EV and traditional programs across our end markets," said Chairman and CEO Jim Kamsickas.
Neutral
PRNewsWire
2 months ago
Dana to Pay Dividend on Common Stock
MAUMEE, Ohio , Oct. 23, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. The board declared a quarterly dividend of $0.10 per share, payable Nov. 29, 2024, to holders of Dana common stock as of Nov. 8.
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