American Axle & Manufacturing Holdings, Inc. (NYSE:DCH) Stock Has Consensus Target Price of $9.64

Key Points

• Analysts have a consensus “Hold” rating on American Axle & Manufacturing, with five holds, four buys and one sell. The average 12-month price target is $9.64, above the stock’s recent $5.78 opening price.
• Recent research updates were mixed: Jefferies downgraded the stock to “Hold” and cut its target to $7.10, while UBS maintained a “Buy” rating with an $8.00 target and BWS Financial set a $17.00 target.
• The company exceeded quarterly earnings expectations, reporting $0.32 in EPS versus the $0.14 consensus estimate on $2.96 billion in revenue. However, it posted a negative net margin of 2.01% and carries elevated debt, with a debt-to-equity ratio of 3.32.

American Axle & Manufacturing Holdings, Inc. (NYSE:DCH - Get Free Report) has been assigned a consensus rating of "Hold" from the ten ratings firms that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $9.64.

DCH has been the topic of several recent research reports. Jefferies Financial Group cut shares of American Axle & Manufacturing from a "buy" rating to a "hold" rating and lowered their price target for the company from $8.25 to $7.10 in a research report on Wednesday, September 23rd. Weiss Ratings restated a "sell (d)" rating on shares of American Axle & Manufacturing in a research report on Friday, September 4th. UBS Group reduced their target price on shares of American Axle & Manufacturing from $9.00 to $8.00 and set a "buy" rating on the stock in a research note on Wednesday. JPMorgan Chase & Co. initiated coverage on shares of American Axle & Manufacturing in a report on Tuesday, July 7th. They issued a "neutral" rating and a $8.00 target price on the stock. Finally, BWS Financial reissued a "buy" rating and issued a $17.00 price target on shares of American Axle & Manufacturing in a research note on Monday, August 10th.

American Axle & Manufacturing Stock Down 1.2%

Shares of NYSE DCH opened at $5.78 on Thursday. American Axle & Manufacturing has a 12-month low of $4.91 and a 12-month high of $9.25. The stock has a market cap of $1.37 billion, a PE ratio of -5.35, a P/E/G ratio of 0.20 and a beta of 1.69. The company has a current ratio of 1.40, a quick ratio of 1.02 and a debt-to-equity ratio of 3.32. The company has a 50-day moving average of $6.19 and a 200 day moving average of $6.00.

American Axle & Manufacturing (NYSE:DCH - Get Free Report) last released its earnings results on Friday, August 7th. The company reported $0.32 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.18. The business had revenue of $2.96 billion for the quarter. American Axle & Manufacturing had a negative net margin of 2.01% and a positive return on equity of 15.94%. As a group, sell-side analysts predict that American Axle & Manufacturing will post 0.94 EPS for the current fiscal year.

American Axle & Manufacturing Company Profile

American Axle & Manufacturing Holdings, Inc is a global automotive supplier that designs, engineers and manufactures driveline and metal-forming systems. Its products are used in passenger cars, crossover vehicles, sport utility vehicles, pickup trucks and commercial vehicles.

The company's product portfolio includes axles, driveshafts, differentials, power-transfer units, transmission components and other driveline assemblies. AAM also produces forged, cast and machined metal components, as well as propulsion technologies intended for vehicles with internal-combustion, hybrid and electric powertrains.

Founded in 1994 by Richard E.

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