American Axle & Manufacturing (NYSE:DCH) Downgraded by Wall Street Zen to Hold

Key Points

• Wall Street Zen downgraded American Axle & Manufacturing (DCH) from "buy" to "hold".
• Other analysts are mixed — Weiss Ratings initiated coverage with a "sell (d)" while Zacks upgraded to "hold", leaving a MarketBeat average rating of "Reduce".
• The stock has a market cap of $1.33 billion, a negative P/E (-31.14), a high debt-to-equity ratio (6.31) and a 12‑month trading range of $3.00 to $9.25.

American Axle & Manufacturing (NYSE:DCH - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a note issued to investors on Saturday.

A number of other research analysts have also weighed in on DCH. Weiss Ratings started coverage on shares of American Axle & Manufacturing in a research note on Wednesday, March 11th. They issued a "sell (d)" rating on the stock. Zacks Research upgraded American Axle & Manufacturing from a "strong sell" rating to a "hold" rating in a research report on Friday, March 6th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Reduce".

American Axle & Manufacturing Stock Performance

DCH opened at $5.61 on Friday. The stock has a market cap of $1.33 billion, a P/E ratio of -31.14, a price-to-earnings-growth ratio of 0.61 and a beta of 1.61. American Axle & Manufacturing has a twelve month low of $3.00 and a twelve month high of $9.25. The company has a current ratio of 2.95, a quick ratio of 2.57 and a debt-to-equity ratio of 6.31.

About American Axle & Manufacturing

American Axle & Manufacturing is a U.S.-based designer, engineer and manufacturer of driveline and drivetrain systems and components for the automotive and light- and heavy-vehicle markets. The company produces a range of mechanical and electromechanical products including axles, driveshafts, differential systems, halfshafts, transmission components, and related sealing and suspension parts. Its product portfolio serves passenger cars, light trucks, commercial vehicles and off-highway applications.

Beyond component manufacturing, the company provides integrated engineering services such as product development, testing and system integration to help vehicle manufacturers meet performance, weight and fuel-economy targets.

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