Why Did Dana Stock Soar 11.78%?

Dana's stock surged 11.78% in pre-market trading on April 8, 2025, marking a significant rise that has caught the attention of investors and analysts alike.

Dana Incorporated has been the subject of several positive analyst reports. Wells Fargo & Company upgraded Dana from an “underweight” rating to an “equal weight” rating and increased their price target from $10.00 to $16.00. UBS Group also raised their target price on Dana from $18.00 to $20.00 and maintained a “buy” rating. Barclays boosted their price target from $18.00 to $23.00 and gave the company an “overweight” rating. Royal Bank of Canada increased their price objective from $13.00 to $16.00 and gave the stock a “sector perform” rating. JPMorgan Chase & Co. also boosted their target price from $14.00 to $20.00 and gave the company an “overweight” rating.

Dana Incorporated has a debt-to-equity ratio of 1.71, a current ratio of 1.45, and a quick ratio of 0.86. The company’s 50-day moving average price is $14.82, and its 200-day moving average price is $12.24. Dana has a market capitalization of $1.58 billion, a price-to-earnings ratio of -27.83, a PEG ratio of 0.72, and a beta of 2.26.

Dana Incorporated reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.15. The business had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.33 billion. Dana had a positive return on equity of 6.70% and a negative net margin of 0.55%. As a group, research analysts predict that Dana will post 1.5 earnings per share for the current year.

Dana Incorporated recently declared a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, February 28th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 3.68%. Dana’s dividend payout ratio (DPR) is presently -102.56%.

Several large investors have recently made changes to their positions in Dana. Versant Capital Management Inc increased its position in shares of Dana by 484.6% during the fourth quarter. GAMMA Investing LLC increased its holdings in Dana by 118.3% during the 4th quarter. Yousif Capital Management LLC increased its holdings in Dana by 2.0% during the 4th quarter. Great Lakes Advisors LLC raised its stake in shares of Dana by 103.6% in the fourth quarter. Cibc World Markets Corp lifted its holdings in shares of Dana by 1.8% in the fourth quarter. 96.79% of the stock is owned by institutional investors.