Analyst Ratings for Dana Inc. (DAN)Updated: 2017-07-28
Shares of Dana Inc. (NYSE:DAN) have received a consensus rating of Hold from Wall Street analysts. A consensus rating of Overweight was previously issued for DAN last month.
3 analysts declared DAN a buy, 0 gave an overweight rating, 9 gave a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 1.
DAN was given price targets by several analysts. The highest price target was 27, implying a possible profit of 17.21 percent. The lowest price target was 17, which equates to a potential downside of -26.2 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Analysts have revised their earnings estimates upwards for this quarter, by about 1 percent on average, compared to last month. That number becomes 2 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 1.54 percent. If we look at the last 90 days instead, we find a net average change of 12.5 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 4 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
DAN has an estimated earnings growth rate of -57.71 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of DAN is -0.09.
DAN has traded between a high of 24.10 and a low of 12.79 over the past year. Currently the stock is 80.1 percent higher than its low, and 4.42 percent below the high. DAN has a price/earnings ratio of 5.02. Investors typically compare the P/E ratio to a company's peers in the industry. The DAN value stock report compares DAN to some of its peers using value stock charts. The stock has a market capitalization of $3.4 billion. DAN's next earnings release will be on 0000-00-00, which is days away.