PATK - Dana Incorporated: Patience Should Be Well Rewarded

2024-06-06 18:00:14 ET

Summary

• Dana Incorporated's share price has underperformed the broader market, but the company's revenue and cash flows have been generally positive.
• The company's revenue increased by 3.9% in the last fiscal year, driven by organic growth in Europe and light truck and medium/heavy truck production.
• Despite some weaknesses in profitability, management remains optimistic about the company's future and expects revenue and EBITDA to increase in the next fiscal year.

When things aren't going your way in the market, it can be difficult to stay the course. The longer the market disagrees with your assessment, the more difficult this kind of situation becomes. After all, time is limited in life and the more you spend holding a subpar position, the more you seem to be missing out on. However, in some cases, I believe that extreme patience can be well worth it. A good example where I think this applies involves Dana Incorporated ( DAN )....

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