American Axle & Manufacturing (NYSE:AXL - Get Free Report) issued its earnings results on Friday. The auto parts company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.06 by $0.03, Zacks reports. American Axle & Manufacturing had a return on equity of 10.44% and a net margin of 0.57%. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same period last year, the business posted $0.18 EPS. The firm's revenue for the quarter was down 12.2% compared to the same quarter last year. American Axle & Manufacturing updated its FY 2025 guidance to EPS.
American Axle & Manufacturing Price Performance
Shares of NYSE:AXL opened at $3.99 on Friday. The company has a market capitalization of $472.15 million, a P/E ratio of 14.25 and a beta of 1.70. The company's 50-day moving average is $4.01 and its 200 day moving average is $5.29. The company has a debt-to-equity ratio of 4.58, a quick ratio of 1.25 and a current ratio of 1.63. American Axle & Manufacturing has a fifty-two week low of $3.00 and a fifty-two week high of $7.98.
Analyst Ratings Changes
AXL has been the topic of a number of research reports. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $5.00 target price on shares of American Axle & Manufacturing in a research report on Wednesday, April 16th. TD Cowen started coverage on shares of American Axle & Manufacturing in a research note on Friday, March 7th. They issued a "hold" rating and a $5.00 price objective on the stock. Morgan Stanley decreased their target price on shares of American Axle & Manufacturing from $10.00 to $8.00 and set an "overweight" rating for the company in a research report on Monday, March 3rd. StockNews.com downgraded American Axle & Manufacturing from a "buy" rating to a "hold" rating in a research note on Monday, February 17th. Finally, Cowen started coverage on American Axle & Manufacturing in a research note on Thursday, March 6th. They issued a "hold" rating for the company. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $6.25.
View Our Latest Stock Analysis on AXL
About American Axle & Manufacturing
(
Get Free Report)
American Axle & Manufacturing Holdings, Inc engages in the manufacture, engineering, design, and validation of driveline systems and related components. It operates through the Driveline and Metal Forming segments. The Driveline segment consists of axles, drive shafts, power transfer units, rear drive modules, and electric and hybrid driveline products and systems for light trucks, service utility vehicles, crossover vehicles, passenger cars, and commercial vehicles.
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