This summary was created by AI, based on 1 opinions in the last 12 months.
The experts are cautious about Dana Holding, acknowledging the challenges it faces in a weak end market affected by the EV buzz. However, they recognize the potential for a buyout and the possible sale of their highway division. It's seen as a timing issue, and despite the tough space they're in, one expert maintains it as a top pick.
Auto parts company that supplies after market sector. Highway and road supplier will be good when infrastructure spending kicks in. Strikes not good for business. Auto sector not trading well, but will stick with the company. Believes better times ahead for the company. Has potential within the next year to ~3%. Earnings power around $2-3/share. Once auto business recovers, will also be good for business.
They will do well in EVs where the margins are much higher than in gas cars.
(Analysts’ price target is $17.44)They were lost in the wilderness a few years thanks to supply chain woes and recession fears, this has shot up 37% since end-May. They just reported a solid quarter: beater revenue, huge earnings beat and raised their full-year forecast. Shares hardly budged because they had run up so much before the report.
At this point in the cycle, you can't buy an auto parts maker, even a good company.
(A Top Pick Aug 20/14. Down 29.81%.) In the car parts business, and one of the very big effects is the China play. China represents something like a 3rd of the total car market. He still likes the company very much. Trading at about 8X earnings. They have bought back a lot of their stock. Backlog is growing quite dramatically, but they have a couple of headwinds. One is China and the other is South America, but this will turn over and change.
Auto parts. The auto industry is continuing to recover and thinks they will do well into the future. Have a broad cut-out of very good customers. Coming out with products that, from a technology standpoint, are better. They are lighter, which has implications from a fuel economy standpoint. Trading at a nice multiple and it has growth opportunity.
This is a 2nd derivative play off the auto recovery. US auto industry is moving back to a normalized rate of production. Also, the average car in the US continues to get older and older and is currently around 11 years old.
Dana Holding is a American stock, trading under the symbol DAN-N on the New York Stock Exchange (DAN). It is usually referred to as NYSE:DAN or DAN-N
In the last year, 1 stock analyst published opinions about DAN-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Dana Holding.
Dana Holding was recommended as a Top Pick by on . Read the latest stock experts ratings for Dana Holding.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Dana Holding In the last year. It is a trending stock that is worth watching.
On 2024-12-13, Dana Holding (DAN-N) stock closed at a price of $12.68.
They're in a tough space. Still holds it. It's a timing issue. The end market has been weak given the EV buzz. There's talk of them being bought out. They may sell their highway division.