Dana (DAN) Stock Jumps 14.9%: Will It Continue to Soar?

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]