Dana Inc (NYSE: DAN) has reported E.P.S. of $0.02 for its first fiscal quarter (ending March 31) versus $0.19 for the same period a year ago — a decline of -89%. This performance was $-0.30 short of the consensus estimate of $0.32. E.P.S. were $0.09 for the latest four quarters through March 31 versus $-1.61 for the same period a year ago.
Recent Price Action
Dana Inc (NYSE: DAN) stock declined modestly by -1.5% on 4/30/24. The stock closed at $12.43. Moreover, unusually high trading volume at 150% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months but has risen 0.9% during the last week.
Current PriceTarget Research Rating
DAN is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Dana has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Dana has a neutral Appreciation Score of 60 but a very low Power Rating of 8, with the Negative Value Trend Rating the result.
Rating Review
In light of this discouraging new earnings information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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