American Axle & Manufacturing Holdings, Inc. (NYSE:AXL – Get Free Report) has earned an average rating of “Hold” from the five brokerages that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $7.70.
AXL has been the subject of several analyst reports. StockNews.com raised shares of American Axle & Manufacturing from a “hold” rating to a “buy” rating in a report on Monday, April 8th. UBS Group upgraded American Axle & Manufacturing from a “sell” rating to a “neutral” rating and set a $7.00 price target for the company in a research report on Wednesday, February 28th.
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American Axle & Manufacturing Stock Up 0.6 %
Shares of NYSE AXL opened at $7.39 on Monday. The company has a debt-to-equity ratio of 4.55, a current ratio of 1.67 and a quick ratio of 1.27. The stock has a market capitalization of $868.03 million, a PE ratio of -26.37, a P/E/G ratio of 2.71 and a beta of 2.22. American Axle & Manufacturing has a one year low of $6.29 and a one year high of $9.55. The business’s fifty day moving average price is $7.07 and its 200-day moving average price is $7.49.
American Axle & Manufacturing (NYSE:AXL – Get Free Report) last announced its quarterly earnings data on Friday, February 16th. The auto parts company reported ($0.09) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.10. The business had revenue of $1.46 billion for the quarter, compared to analysts’ expectations of $1.42 billion. American Axle & Manufacturing had a negative return on equity of 1.78% and a negative net margin of 0.55%. The firm’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.07) EPS. On average, equities research analysts anticipate that American Axle & Manufacturing will post 0.35 EPS for the current year.
About American Axle & Manufacturing
American Axle & Manufacturing Holdings, Inc, together with its subsidiaries, designs, engineers, and manufactures driveline and metal forming technologies that supports electric, hybrid, and internal combustion vehicles. It operates through two segments, Driveline and Metal Forming segments. The Driveline segment offers front and rear axles, driveshafts, differential assemblies, clutch modules, balance shaft systems, disconnecting driveline technology, and electric and hybrid driveline products and systems for light trucks, sport utility vehicles, crossover vehicles, passenger cars, and commercial vehicles.
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