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.
Several price targets were given for DAN by the analysts covering the stock. The maximum price target given was 27, implying a possible profit of 17.21 percent. The most pessimistic analyst gave a price target of 17, which equates to a potential downside of -26.2 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 1 percent. The average change in earnings estimates over the last 90 days is 2 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 1.54 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 12.5 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 4 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
DAN has an estimated earnings growth rate of -57.71 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. DAN has a PEG ratio of -0.09.
DAN has traded between a high of 24.10 and a low of 12.79 over the past year. Today's price is 80.1 percent above the 52-week low, and 4.42 percent below the high. DAN has a P/E 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.