Dana (DAN) Getting Somewhat Positive Press Coverage, Analysis Shows

News articles about Dana (NYSE:DAN) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Dana earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news articles about the auto parts company an impact score of 44.8547097641057 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the media stories that may have effected Accern Sentiment’s scoring:

DAN has been the topic of a number of recent analyst reports. Zacks Investment Research cut shares of Dana from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 17th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Dana in a research report on Friday, October 27th. Deutsche Bank boosted their price objective on shares of Dana from $24.00 to $30.00 and gave the company a “hold” rating in a research report on Friday, November 17th. Barclays boosted their price objective on shares of Dana from $28.00 to $30.00 and gave the company an “equal weight” rating in a research report on Friday, October 27th. Finally, FBR & Co reaffirmed a “neutral” rating and issued a $25.00 price objective (up from $17.00) on shares of Dana in a research report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $28.00.

Shares of Dana (DAN) opened at $32.67 on Friday. The company has a market cap of $4,786.54, a price-to-earnings ratio of 13.27 and a beta of 1.67. Dana has a 52-week low of $16.83 and a 52-week high of $33.45. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.72 and a quick ratio of 1.17.

Dana (NYSE:DAN) last issued its quarterly earnings results on Thursday, October 26th. The auto parts company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.03. Dana had a net margin of 10.27% and a return on equity of 29.34%. The firm had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same period in the previous year, the business earned $0.49 EPS. The company’s revenue was up 32.3% compared to the same quarter last year. equities analysts predict that Dana will post 2.45 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Friday, November 10th were paid a $0.06 dividend. The ex-dividend date of this dividend was Thursday, November 9th. This represents a $0.24 annualized dividend and a yield of 0.73%. Dana’s payout ratio is currently 5.02%.

In other news, SVP Rodney R. Filcek sold 3,292 shares of the business’s stock in a transaction dated Tuesday, October 31st. The shares were sold at an average price of $30.18, for a total transaction of $99,352.56. Following the transaction, the senior vice president now directly owns 50,251 shares in the company, valued at approximately $1,516,575.18. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Terrence J. Keating sold 2,321 shares of the business’s stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $29.62, for a total transaction of $68,748.02. Following the transaction, the director now owns 52,140 shares in the company, valued at $1,544,386.80. The disclosure for this sale can be found here. Insiders have sold a total of 116,762 shares of company stock worth $3,541,413 over the last 90 days. 1.60% of the stock is owned by company insiders.

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About Dana

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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