Ratings for Dana (NYSE:DAN) were provided by 5 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 2 | 3 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 0 | 1 | 2 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $15.8, a high estimate of $18.00, and a low estimate of $13.00. Experiencing a 7.06% decline, the current average is now lower than the previous average price target of $17.00.
Interpreting Analyst Ratings: A Closer Look
An in-depth analysis of recent analyst actions unveils how financial experts perceive Dana. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Noah Kaye | Oppenheimer | Raises | Outperform | $18.00 | $17.00 |
| Tom Narayan | RBC Capital | Lowers | Sector Perform | $15.00 | $19.00 |
| Dan Levy | Barclays | Lowers | Equal-Weight | $15.00 | $16.00 |
| Ryan Brinkman | JP Morgan | Lowers | Overweight | $18.00 | $19.00 |
| Colin Langan | Wells Fargo | Lowers | Equal-Weight | $13.00 | $14.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Dana. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Dana compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Dana's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Dana's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
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All You Need to Know About Dana
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.
Dana: Financial Performance Dissected
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Decline in Revenue: Over the 3 months period, Dana faced challenges, resulting in a decline of approximately -2.39% in revenue growth as of 31 December, 2023. This signifies a reduction in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: Dana's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -1.56%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Dana's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -2.47%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Dana's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -0.49%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Dana's debt-to-equity ratio stands notably higher than the industry average, reaching 1.89. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
The Core of Analyst Ratings: What Every Investor Should Know
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.