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Momentum Alert: 3 Underfollowed Stocks on the Verge of a Breakout
ZACKS· 2025-02-11 19:46
The broader market has been stuck in a holding pattern over the past couple of months, with many of the usual leaders consolidating after strong gains. While these stocks remain compelling long-term investments, they may need more time to rest before resuming their uptrends.Meanwhile, a few under-the-radar stocks are bucking the trend and gaining momentum despite the market’s relative quiet period. I’ve identified three top-ranked names—Innodata ((INOD), Dana ((DAN), and National Fuel Gas Company ((NFG)—tha ...
New Strong Buy Stocks for February 11th
ZACKS· 2025-02-11 11:40
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Fulton Financial Corporation (FULT) : This consumer and commercial banking products and services company has seen the Zacks Consensus Estimate for its current year earnings increasing 6.1% over the last 60 days.First Bancorp (FBNC) : This bank holding company for First Bank has seen the Zacks Consensus Estimate for its next year earnings increasing 6.8% over the last 60 days.Dana Incorporated (DAN) : This company that provides power-con ...
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
Group 1 - The article compares two stocks in the Automotive - Original Equipment sector: Dana (DAN) and Hesai Group Sponsored ADR (HSAI) to determine which is more attractive to value investors [1] - Dana has a Zacks Rank of 1 (Strong Buy), indicating a stronger improvement in its earnings outlook compared to Hesai Group, which has a Zacks Rank of 2 (Buy) [3] - Value investors analyze various traditional metrics to assess whether a company is undervalued at its current share price levels [3][4] Group 2 - Dana has a forward P/E ratio of 10.67, significantly lower than Hesai Group's forward P/E of 60.39, suggesting that Dana may be undervalued [5] - Dana's PEG ratio is 0.71, while Hesai Group's PEG ratio is 1.60, indicating that Dana has a more favorable growth outlook relative to its valuation [5] - Dana's P/B ratio is 1.50 compared to Hesai Group's P/B of 3.33, further supporting Dana's superior valuation metrics [6] - Based on the valuation metrics, Dana has a Value grade of A, while Hesai Group has a Value grade of C, indicating a stronger value proposition for Dana [6][7]
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.