NYSE:AXL American Axle & Manufacturing (AXL) Stock Forecast, Price & News $7.16 +0.34 (+4.99%) (As of 05/26/2023 07:00 PM ET) Add Compare Share Share Today's Range$6.91▼$7.2250-Day Range$6.74▼$7.8852-Week Range$6.61▼$11.96Volume1.07 million shsAverage Volume983,981 shsMarket Capitalization$837.86 millionP/E Ratio14.92Dividend YieldN/APrice Target$10.20 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media American Axle & Manufacturing MarketRank™ ForecastAnalyst RatingHold2.20 Rating ScoreUpside/Downside42.5% Upside$10.20 Price TargetShort InterestHealthy3.24% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.31Based on 4 Articles This WeekInsider TradingSelling Shares$265,797 Sold Last QuarterProj. Earnings Growth89.74%From $0.39 to $0.74 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.77 out of 5 starsAuto/Tires/Trucks Sector15th out of 102 stocksMotor Vehicle Parts & Accessories Industry8th out of 35 stocks 3.1 Analyst's Opinion Consensus RatingAmerican Axle & Manufacturing has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.20, American Axle & Manufacturing has a forecasted upside of 42.5% from its current price of $7.16.Amount of Analyst CoverageAmerican Axle & Manufacturing has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.24% of the float of American Axle & Manufacturing has been sold short.Short Interest Ratio / Days to CoverAmerican Axle & Manufacturing has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in American Axle & Manufacturing has recently decreased by 10.25%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldAmerican Axle & Manufacturing does not currently pay a dividend.Dividend GrowthAmerican Axle & Manufacturing does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AXL. Previous Next 1.8 News and Social Media Coverage News SentimentAmerican Axle & Manufacturing has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.62 average news sentiment score of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 4 news articles for American Axle & Manufacturing this week, compared to 5 articles on an average week.Search Interest1 people have searched for AXL on MarketBeat in the last 30 days. MarketBeat FollowsOnly 2 people have added American Axle & Manufacturing to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, American Axle & Manufacturing insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $265,797.00 in company stock.Percentage Held by InsidersOnly 3.30% of the stock of American Axle & Manufacturing is held by insiders.Percentage Held by Institutions95.74% of the stock of American Axle & Manufacturing is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for American Axle & Manufacturing are expected to grow by 89.74% in the coming year, from $0.39 to $0.74 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of American Axle & Manufacturing is 14.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.91.Price to Earnings Ratio vs. SectorThe P/E ratio of American Axle & Manufacturing is 14.92, which means that it is trading at a less expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 18.55.Price to Earnings Growth RatioAmerican Axle & Manufacturing has a PEG Ratio of 2.27. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAmerican Axle & Manufacturing has a P/B Ratio of 1.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About American Axle & Manufacturing (NYSE:AXL) StockAmerican Axle & Manufacturing Holdings, Inc. engages in the manufacture, engineering, design, and validation of driveline systems and related components. It operates through the following segments: Driveline and Metal Forming. 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. The Metal Forming segment manufactures axle shafts, ring and pinion gears, differential gears, transmission gears, and shafts and suspension components for original equipment manufacturers (OEMs), and Tier 1 automotive suppliers. The company was founded by Richard E. Dauch on March 1, 1994 and is headquartered in Detroit, MI.Read More Receive AXL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for American Axle & Manufacturing and its competitors with MarketBeat's FREE daily newsletter. Email Address AXL Stock News HeadlinesMay 29, 2023 | americanbankingnews.comAmerican Axle & Manufacturing (NYSE:AXL) Upgraded to Buy by StockNews.comMay 23, 2023 | msn.com5 Broker-Favored Stocks to Watch Amid the Debt-Ceiling StandoffMay 29, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.May 22, 2023 | americanbankingnews.comAmerican Axle & Manufacturing (NYSE:AXL) Rating Lowered to Hold at StockNews.comMay 19, 2023 | finance.yahoo.comHere's Why You Should Retain American Axle (AXL) Stock NowMay 18, 2023 | msn.comRBC Capital Reiterates American Axle & Manufacturing Holdings (AXL) Sector Perform RecommendationMay 17, 2023 | marketwatch.comAutomobile Rear Axle Assembly Market Future Status and Industry Growth Forecast by 2031May 16, 2023 | marketwatch.comBalance Shaft Market Research, Key Vendors, Trends Analysis and Regional Forecast To 2030May 29, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.May 16, 2023 | nasdaq.comCitigroup Maintains American Axle & Manufacturing Holdings (AXL) Neutral RecommendationMay 16, 2023 | americanbankingnews.comCitigroup Trims American Axle & Manufacturing (NYSE:AXL) Target Price to $8.00May 14, 2023 | americanbankingnews.comAmerican Axle & Manufacturing Holdings, Inc. (NYSE:AXL) Given Consensus Recommendation of "Hold" by AnalystsMay 12, 2023 | marketwatch.comGlobal Automotive Dual Mass Flywheel Market Size 2023-2031 Business Strategies by Absolute Reports | with [92 Pages]May 11, 2023 | marketwatch.com2030, Ductile Cast Iron Market Growth | Future Prospects and Competitive AnalysisMay 9, 2023 | marketwatch.comRolled Ring Market 2023 | Size & Outlook till 2030May 8, 2023 | marketwatch.comAutomotive Drive Shaft Market Deep-Dive Analysis of (Top 10 Companies) 2023-2030May 8, 2023 | americanbankingnews.comAmerican Axle & Manufacturing (NYSE:AXL) Releases Quarterly Earnings ResultsMay 7, 2023 | finance.yahoo.comAmerican Axle & Manufacturing Holdings, Inc. (NYSE:AXL) Q1 2023 Earnings Call TranscriptMay 7, 2023 | americanbankingnews.comAmerican Axle & Manufacturing (NYSE:AXL) Shares Gap Up on Better-Than-Expected EarningsMay 7, 2023 | finanznachrichten.deAmerican Axle & Manufacturing Holdings, Inc.: AAM Reports First Quarter 2023 Financial ResultsMay 6, 2023 | finance.yahoo.comQ1 2023 American Axle & Manufacturing Holdings Inc Earnings CallMay 5, 2023 | benzinga.comAmerican Axle & Manufacturing shares are trading higher after the company reported better-than-expected Q1 adjusted EPS and sales results.May 5, 2023 | msn.comAmerican Axle revs higher on smaller than forecast Q1 loss, Stellantis contractMay 5, 2023 | finance.yahoo.comAmerican Axle & Manufacturing (AXL) Reports Q1 Loss, Lags Revenue EstimatesMay 5, 2023 | msn.comAmerican Axle & Manufacturing Non-GAAP EPS of -$0.01 beats by $0.06, revenue of $1.49B beats by $10MMay 5, 2023 | markets.businessinsider.comAmerican Axle & Manufacturing Investing $10 Mln In Global Strategic MobilityMay 5, 2023 | markets.businessinsider.comAmerican Axle & Manufacturing Slips To Lower-Than-Expected Loss In Q1See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive AXL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for American Axle & Manufacturing and its competitors with MarketBeat's FREE daily newsletter. Email Address AXL Company Calendar Last Earnings5/05/2023Today5/29/2023Next Earnings (Estimated)8/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Motor vehicle parts & accessories Sub-IndustryAuto Parts & Equipment SectorAuto/Tires/Trucks Current SymbolNYSE:AXL CUSIP02406110 CIK1062231 Webwww.aam.com Phone(313) 758-2000Fax313-974-3090Employees19,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$10.20 High Stock Price Forecast$13.00 Low Stock Price Forecast$8.00 Forecasted Upside/Downside+42.5%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.48 Trailing P/E Ratio14.92 Forward P/E Ratio18.36 P/E Growth2.27Net Income$64.30 million Net Margins0.99% Pretax Margin0.98% Return on Equity8.88% Return on Assets0.87% Debt Debt-to-Equity Ratio4.58 Current Ratio1.67 Quick Ratio1.29 Sales & Book Value Annual Sales$5.80 billion Price / Sales0.14 Cash Flow$4.94 per share Price / Cash Flow1.45 Book Value$5.48 per share Price / Book1.31Miscellaneous Outstanding Shares117,020,000Free Float113,158,000Market Cap$837.86 million OptionableOptionable Beta2.26 Key ExecutivesDavid C. DauchChairman & Chief Executive OfficerMichael J. LynchPresident & Chief Operating OfficerChris MayChief Financial Officer & Executive Vice PresidentJason P. ParsonsGroup ControllerChristopher M. SonVice President-Marketing & CommunicationsKey CompetitorsStandard Motor ProductsNYSE:SMPModine ManufacturingNYSE:MODGenthermNASDAQ:THRMDanaNYSE:DANDorman ProductsNASDAQ:DORMView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Sold 5,297 shares on 5/22/2023Ownership: 0.902%Putnam Investments LLCSold 7,744 shares on 5/22/2023Ownership: 0.157%New York State Common Retirement FundBought 35,343 shares on 5/18/2023Ownership: 1.035%JPMorgan Chase & Co.Bought 164,942 shares on 5/18/2023Ownership: 0.647%Thrivent Financial for LutheransSold 3,978 shares on 5/17/2023Ownership: 0.107%View All Insider TransactionsView All Institutional Transactions AXL Stock - Frequently Asked Questions Should I buy or sell American Axle & Manufacturing stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Axle & Manufacturing in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" AXL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AXL, but not buy additional shares or sell existing shares. View AXL analyst ratings or view top-rated stocks. What is American Axle & Manufacturing's stock price forecast for 2023? 5 equities research analysts have issued twelve-month price objectives for American Axle & Manufacturing's shares. Their AXL share price forecasts range from $8.00 to $13.00. On average, they expect the company's stock price to reach $10.20 in the next twelve months. This suggests a possible upside of 42.5% from the stock's current price. View analysts price targets for AXL or view top-rated stocks among Wall Street analysts. How have AXL shares performed in 2023? American Axle & Manufacturing's stock was trading at $7.82 at the start of the year. Since then, AXL shares have decreased by 8.4% and is now trading at $7.16. View the best growth stocks for 2023 here. Are investors shorting American Axle & Manufacturing? American Axle & Manufacturing saw a decline in short interest in May. As of May 15th, there was short interest totaling 3,590,000 shares, a decline of 10.3% from the April 30th total of 4,000,000 shares. Based on an average daily trading volume, of 1,010,000 shares, the days-to-cover ratio is presently 3.6 days. Currently, 3.2% of the company's stock are sold short. View American Axle & Manufacturing's Short Interest. When is American Axle & Manufacturing's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023. View our AXL earnings forecast. How were American Axle & Manufacturing's earnings last quarter? American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) released its earnings results on Friday, May, 5th. The auto parts company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.05. The auto parts company earned $1.49 billion during the quarter, compared to analyst estimates of $1.48 billion. American Axle & Manufacturing had a net margin of 0.99% and a trailing twelve-month return on equity of 8.88%. American Axle & Manufacturing's quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.19 earnings per share. What ETFs hold American Axle & Manufacturing's stock? ETFs with the largest weight of American Axle & Manufacturing (NYSE:AXL) stock in their portfolio include SPDR S&P Kensho Smart Mobility ETF (HAIL), Pacer US Small Cap Cash Cows 100 ETF (CALF), Global X Autonomous & Electric Vehicles ETF (DRIV), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Invesco S&P SmallCap 600 Revenue ETF (RWJ), Invesco S&P SmallCap 600 Pure Value ETF (RZV) and Syntax Stratified SmallCap ETF (SSLY). What guidance has American Axle & Manufacturing issued on next quarter's earnings? American Axle & Manufacturing issued an update on its FY 2023 earnings guidance on Sunday, May, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $5.95 billion-$6.25 billion, compared to the consensus revenue estimate of $6.07 billion. What is David C. Dauch's approval rating as American Axle & Manufacturing's CEO? 136 employees have rated American Axle & Manufacturing Chief Executive Officer David C. Dauch on Glassdoor.com. David C. Dauch has an approval rating of 70% among the company's employees. What other stocks do shareholders of American Axle & Manufacturing own? Based on aggregate information from My MarketBeat watchlists, some companies that other American Axle & Manufacturing investors own include Micron Technology (MU), General Electric (GE), Ford Motor (F), Gilead Sciences (GILD), Broadcom (AVGO), Alibaba Group (BABA), Freeport-McMoRan (FCX), Intel (INTC), Delta Air Lines (DAL) and Advanced Micro Devices (AMD). What is American Axle & Manufacturing's stock symbol? American Axle & Manufacturing trades on the New York Stock Exchange (NYSE) under the ticker symbol "AXL." Who are American Axle & Manufacturing's major shareholders? American Axle & Manufacturing's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.67%), Dimensional Fund Advisors LP (5.53%), Barrow Hanley Mewhinney & Strauss LLC (4.94%), FMR LLC (4.07%), State Street Corp (3.86%) and LSV Asset Management (3.48%). View institutional ownership trends. How do I buy shares of American Axle & Manufacturing? Shares of AXL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is American Axle & Manufacturing's stock price today? One share of AXL stock can currently be purchased for approximately $7.16. How much money does American Axle & Manufacturing make? American Axle & Manufacturing (NYSE:AXL) has a market capitalization of $837.86 million and generates $5.80 billion in revenue each year. The auto parts company earns $64.30 million in net income (profit) each year or $0.48 on an earnings per share basis. How many employees does American Axle & Manufacturing have? The company employs 19,000 workers across the globe. How can I contact American Axle & Manufacturing? American Axle & Manufacturing's mailing address is ONE DAUCH DRIVE, DETROIT MI, 48211. The official website for the company is www.aam.com. The auto parts company can be reached via phone at (313) 758-2000, via email at investorresources@arcosa.com, or via fax at 313-974-3090. This page (NYSE:AXL) was last updated on 5/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding American Axle & Manufacturing Holdings, Inc. 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