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NYSE:AXL

American Axle & Manufacturing (AXL) Stock Price, News & Analysis

$7.22
+0.19 (+2.70%)
(As of 07/26/2024 ET)
Today's Range
$7.02
$7.24
50-Day Range
$6.67
$7.88
52-Week Range
$6.29
$9.55
Volume
1.05 million shs
Average Volume
1.56 million shs
Market Capitalization
$848.71 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.00

American Axle & Manufacturing MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
10.8% Upside
$8.00 Price Target
Short Interest
Healthy
2.41% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.58mentions of American Axle & Manufacturing in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
125.00%
From $0.36 to $0.81 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.64 out of 5 stars

Auto/Tires/Trucks Sector

45th out of 82 stocks

Motor Vehicle Parts & Accessories Industry

23rd out of 32 stocks

AXL stock logo

About American Axle & Manufacturing Stock (NYSE:AXL)

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. The Metal Forming segment provides range of products, such as engine, transmission, driveline, and safety-critical components for traditional internal combustion engine and electric vehicle architectures, including light vehicles, commercial vehicles, and off-highway vehicles, as well as products for industrial markets. It operates in North America, Asia, Europe, and South America. American Axle & Manufacturing Holdings, Inc. was founded in 1994 and is headquartered in Detroit, Michigan.

AXL Stock Price History

AXL Stock News Headlines

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American Axle & Manufacturing (NYSE:AXL) PT Raised to $8.00
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See More Headlines
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Company Calendar

Last Earnings
5/03/2024
Today
7/27/2024
Next Earnings (Estimated)
8/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motor vehicle parts & accessories
Sub-Industry
Auto Parts & Equipment
CUSIP
02406110
Employees
19,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.00
High Stock Price Target
$10.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+10.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
5 Analysts

Profitability

Net Income
$-33,600,000.00
Pretax Margin
0.27%

Debt

Sales & Book Value

Annual Sales
$6.08 billion
Cash Flow
$4.15 per share
Book Value
$5.17 per share

Miscellaneous

Free Float
115,084,000
Market Cap
$848.71 million
Optionable
Optionable
Beta
2.04
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Key Executives

  • Mr. David Charles Dauch (Age 59)
    Chairman & CEO
    Comp: $6.98M
  • Mr. Michael Joseph Lynch (Age 60)
    President & COO
    Comp: $2.11M
  • Mr. Christopher John May (Age 54)
    Executive VP & CFO
    Comp: $2.47M
  • Ms. Terri M. Kemp (Age 58)
    Senior Vice President of Human Resources & Sustainability
    Comp: $1.53M
  • Mr. Tolga I. Oal (Age 52)
    President of Driveline
    Comp: $1.21M
  • Mr. James G. Zaliwski (Age 52)
    Chief Accounting Officer
  • Mr. Donald E. Wright
    Chief Information Officer & VP
  • David H. Lim
    Head of Investor Relations
  • Mr. David Eugene Barnes (Age 65)
    Chief Compliance Officer & Corporate Secretary
  • Mr. Matthew Keats Paroly (Age 59)
    VP & General Counsel

AXL Stock Analysis - Frequently Asked Questions

How have AXL shares performed this year?

American Axle & Manufacturing's stock was trading at $8.81 on January 1st, 2024. Since then, AXL shares have decreased by 18.0% and is now trading at $7.22.
View the best growth stocks for 2024 here
.

How were American Axle & Manufacturing's earnings last quarter?

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) announced its earnings results on Friday, May, 3rd. The auto parts company reported $0.18 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.16. American Axle & Manufacturing's quarterly revenue was up 7.6% on a year-over-year basis.

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.

Who are American Axle & Manufacturing's major shareholders?

Top institutional shareholders of American Axle & Manufacturing include Bank of New York Mellon Corp (0.75%), SummerHaven Investment Management LLC (0.07%), First Hawaiian Bank (0.05%) and Assenagon Asset Management S.A. (0.03%). Insiders that own company stock include Terri M Kemp and David Eugene Barnes.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of American Axle & Manufacturing own?

Based on aggregate information from My MarketBeat watchlists, some other companies that American Axle & Manufacturing investors own include Micron Technology (MU), General Electric (GE), Ford Motor (F), Gilead Sciences (GILD), Broadcom (AVGO), Alibaba Group (BABA) and Freeport-McMoRan (FCX).

This page (NYSE:AXL) was last updated on 7/27/2024 by MarketBeat.com Staff

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