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Best Income Stocks to Buy for February 11th
ZACKS· 2025-02-11 09:56
Here are two stocks with buy rank and strong income characteristics for investors to consider today, February 11th:Fulton Financial Corporation (FULT) : This consumer and commercial banking products and services company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.1% over the last 60 days.This Zacks Rank #1 company has a dividend yield of 3.5%, compared with the industry average of 2.5%.Dana Incorporated (DAN) : This company that provides power-conveyance and energy- ...
DAN vs. HSAI: Which Stock Should Value Investors Buy Now?
ZACKS· 2025-02-06 17:40
Investors looking for stocks in the Automotive - Original Equipment sector might want to consider either Dana (DAN) or Hesai Group Sponsored ADR (HSAI) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style S ...
Dana Incorporated to Announce 2024 Fourth-quarter and Full-year Financial Results, Host Conference Call and Webcast on Feb. 20
Prnewswire· 2025-02-03 15:00
MAUMEE, Ohio, Feb. 3, 2025 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) will release its 2024 fourth-quarter and full-year financial results on Thursday, Feb. 20, 2024.  A press release will be issued at approximately 7 a.m. EST, followed by a conference call and webcast at 9 a.m. EST.  Members of the company's senior management team will be available at that time to discuss the results and answer related questions. The conference call can be accessed by telephone from both domestic and international locat ...
Is Dana (DAN) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?
ZACKS· 2025-01-30 15:41
Group 1: Company Performance - Dana (DAN) has gained approximately 42.8% year-to-date, significantly outperforming the Auto-Tires-Trucks sector, which has returned an average of 17.4% [4] - The Zacks Consensus Estimate for Dana's full-year earnings has increased by 6.3% over the past quarter, indicating improved analyst sentiment and a stronger earnings outlook [3] - Dana holds a Zacks Rank of 1 (Strong Buy), suggesting a favorable investment outlook compared to its peers [3] Group 2: Industry Context - Dana is part of the Automotive - Original Equipment industry, which consists of 50 individual stocks and currently ranks 168 in the Zacks Industry Rank, having lost an average of 8.5% year-to-date [5] - In contrast, XPeng Inc. Sponsored ADR (XPEV), another stock in the Auto-Tires-Trucks sector, has returned 25.3% year-to-date, but belongs to the Automotive - Foreign industry, which ranks 232 and has declined by 12.7% this year [4][6]
Is Dana (DAN) Stock Undervalued Right Now?
ZACKS· 2025-01-30 15:41
Core Insights - The article emphasizes the importance of the Zacks Rank system and its focus on earnings estimates and revisions to identify strong stocks [1] - Value investing is highlighted as a preferred strategy for finding undervalued stocks across various market conditions [2] - The Style Scores system is introduced, particularly the "Value" category, which helps investors identify stocks with high value grades and strong Zacks Ranks [3] Company Analysis: Dana (DAN) - Dana (DAN) is currently rated as a 1 (Strong Buy) stock with an A grade for Value, indicating strong investor interest [4] - The Forward P/E ratio for DAN is 12.21, significantly lower than the industry average of 20.50, with historical fluctuations between 5.44 and 13.55 over the past year [4] - The PEG ratio for DAN stands at 0.83, compared to the industry average of 1.60, suggesting favorable valuation relative to expected earnings growth [5] - DAN's P/B ratio is 1.52, which is attractive compared to the industry average of 3.51, with historical values ranging from 0.72 to 1.52 [6] - The P/S ratio for DAN is 0.23, significantly lower than the industry average of 0.61, indicating potential undervaluation based on sales performance [7] Company Analysis: The Shyft Group (SHYF) - The Shyft Group (SHYF) is rated as a 2 (Buy) stock with an A grade for Value, making it another attractive option in the automotive sector [8] - SHYF has a P/B ratio of 1.64, which is also lower than the industry average of 3.51, with historical values ranging from 1.37 to 2.32 [8] Conclusion - Both Dana and The Shyft Group are identified as potentially undervalued stocks with strong earnings outlooks, making them impressive value stocks at the moment [9]
Despite Fast-paced Momentum, Dana (DAN) Is Still a Bargain Stock
ZACKS· 2025-01-30 14:50
Group 1: Momentum Investing Overview - Momentum investing deviates from the traditional "buy low and sell high" strategy, focusing instead on "buying high and selling higher" to maximize returns in a shorter timeframe [1] - Fast-moving trending stocks can be appealing, but determining the right entry point is challenging, as these stocks may lose momentum if their valuations exceed future growth potential [2] Group 2: Investment Strategy - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify promising candidates [3] - Dana (DAN) is highlighted as a strong candidate, showing a four-week price change of 42.8%, indicating growing investor interest [4] Group 3: Performance Metrics - DAN has demonstrated significant performance, gaining 92% over the past 12 weeks, with a beta of 2.31, suggesting it moves 131% higher than the market in either direction [5] - The stock has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] Group 4: Earnings Estimates and Valuation - An upward trend in earnings estimate revisions has contributed to DAN earning a Zacks Rank 1 (Strong Buy), as analysts raising estimates attract more investor interest [7] - Despite its momentum, DAN is trading at a reasonable valuation, with a Price-to-Sales ratio of 0.23, meaning investors pay only 23 cents for each dollar of sales [7] Group 5: Additional Opportunities - Besides DAN, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - The Zacks Premium Screens offer over 45 strategies tailored to different investing styles, aimed at outperforming the market [9]
Dana (DAN) Stock Jumps 14.9%: Will It Continue to Soar?
ZACKS· 2025-01-27 12:20
Company Overview - Dana (DAN) shares increased by 14.9% to close at $15.20, supported by high trading volume, and have gained 12% over the past four weeks [1][2] - The company is implementing a $300 million cost-cutting plan and considering a potential sale of its Off-Highway business, aiming for long-term growth and enhanced financial flexibility [2] Financial Performance - Dana is expected to report quarterly earnings of $0.09 per share, reflecting a year-over-year increase of 212.5%, while revenues are projected to be $2.37 billion, a decrease of 5% from the previous year [3] - The consensus EPS estimate for Dana has remained unchanged over the last 30 days, indicating that stock price movements may be limited without earnings estimate revisions [4] Industry Context - Dana operates within the Zacks Automotive - Original Equipment industry, where Custom Truck One Source, Inc. (CTOS) has a Zacks Rank of 2 (Buy) and is expected to report an EPS of $0.03, down 57.1% year-over-year [4][5]
Dana Incorporated (DAN) Business Update Call (Transcript)
2025-01-24 19:05
Company and Industry Overview * **Company**: Dana Incorporated (NYSE:DAN) * **Industry**: Automotive and mobility * **Focus**: Engineered powertrain, sealing, and thermal management solutions for internal combustion engines (ICE), plug-in hybrids (PHEV), and electric vehicles (EV). Key Financial Highlights * **Third Quarter 2024**: * **Sales**: $2.5 billion, down 2.5% year-over-year due to softening demand for EVs and ICE vehicles. * **Adjusted EBITDA**: $232 million, down slightly from last year despite the sales reduction. * **Profit Margin**: 9.4%, up 30 basis points year-over-year. * **Year-to-Date 2024**: * **Sales**: $7.95 billion, down $119 million year-over-year. * **Adjusted EBITDA**: $699 million, up $10 million year-over-year. * **Profit Margin**: 8.8%, up 30 basis points year-over-year. Market and Operational Updates * **Off-Highway Segment**: * **Demand**: Lower, particularly in Europe, due to softening construction and agriculture equipment markets. * **Efficiency**: Company achieved company-wide efficiency improvements, resulting in increased profit margin. * **EV Segment**: * **Demand**: Declining due to lower end market demand in driveline segments, partially offset by gains in battery cooling sales. * **Investment**: Company continues to invest in EV technology and capacity, but remains flexible based on market demand. * **Overall Strategy**: * **Maintain Discipline**: Achieve balanced growth while navigating market cyclicality and volatility. * **Leverage Synergies**: Maximize impact through product, system, and technology offerings across all end markets. * **Optimize Resources**: Maintain agility to meet ICE, PHEV, and EV demand across multiple markets and regions. * **Prudent Capital Allocation**: Maximize investment in new business growth. Future Outlook * **2024**: * **Sales**: Expected to be about $10.3 billion, down from previous guidance due to lower demand for traditional and electric vehicles. * **Adjusted EBITDA**: Expected to be about $875 million at the midpoint of the updated range. * **Free Cash Flow**: Expected to be about $100 million. * **2025**: * **Lower Cost Structure**: Expected due to navigating softer end market demand and tempered demand for electric vehicles. * **Investment**: Expected to be about $375 million to support backlog and technology development. Additional Notes * **Inflation**: Company continues to manage inflationary pressures through cost-saving actions and improved efficiency. * **Commodity Prices**: Lower commodity prices have positively impacted profitability. * **Capital Allocation**: Company remains focused on prudent capital allocation to support growth and maximize returns.
Dana Incorporated Provides Business Update, Announces Preliminary Full-Year 2024 Financial Results and 2025 Guidance; Increases Expected Annualized Total Cost Reduction Savings to $300 Million
Prnewswire· 2025-01-24 11:59
MAUMEE, Ohio, Jan. 24, 2025 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced select, preliminary, unaudited financial results for the full year ended December 31, 2024, presented its financial outlook for 2025, and provided a business update including a simplified organizational structure and the status of the proposed sale of its Off-Highway business and cost-savings actions.Full-Year 2024, Preliminary, Unaudited Financial Results Sales of approximately $10.3 billion  Adjusted EBITDA of approx ...
Dana Earns Prestigious 'Global Top Employer 2025' Award with Recognition in 25 Countries and Regional Distinction for Asia-Pacific, Europe, and North America Operations
Prnewswire· 2025-01-16 15:00
Company Recognition - Dana Incorporated was recognized as a 'Global Top Employer 2025' and received further recognition in 25 countries [1] - The company was also selected as a Top Employer for its Asia-Pacific, European, and North American regions due to the high number of operations earning honors there [1] - This prestigious award by the Top Employers Institute recognizes excellence in people practices with a particular emphasis on exceptional human resources programs [2] - Nine countries joined the growing list of Dana operations identified as being a Top Employer for creating empowering environments [3] Company Overview - Dana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions that power vehicles and machines in all mobility markets across the globe [4] - The company is shaping sustainable progress through its conventional and clean-energy solutions that support nearly every vehicle manufacturer with drive and motion systems, electrodynamic technologies, including software and controls, and thermal, sealing, and digital solutions [4] - Based in Maumee, Ohio, USA, the company reported sales of $10.6 billion in 2023 with 42,000 people in 31 countries across six continents [5] - With a history dating to 1904, Dana was named among the "World's Most Ethical Companies" for 2023 and 2024 by Ethisphere and as one of "America's Most Responsible Companies 2023" by Newsweek [5] Company Culture - Dana's culture focuses on supporting exceptional talent, valuing others, inspiring innovation, and winning together [3] - The company is driven by a high-performance culture that focuses on valuing others, inspiring innovation, growing responsibly, and winning together, earning it global recognition as a top employer [5]