American Axle & Manufacturing Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for American Axle & Manufacturing in the last year. There are currently 2 sell ratings, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" American Axle & Manufacturing stock. 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.
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Wall Street analysts have given American Axle & Manufacturing a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but American Axle & Manufacturing wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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American Axle & Manufacturing is scheduled to release its next quarterly earnings announcement on Friday, July 30th 2021.
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American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) posted its earnings results on Thursday, May, 6th. The auto parts company reported $0.57 EPS for the quarter, topping the Zacks' consensus estimate of $0.24 by $0.33. The auto parts company had revenue of $1.43 billion for the quarter, compared to analysts' expectations of $1.32 billion. American Axle & Manufacturing had a negative net margin of 0.45% and a positive trailing twelve-month return on equity of 18.63%. The business's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same period last year, the business posted $0.20 EPS.
View American Axle & Manufacturing's earnings history.

American Axle & Manufacturing's stock was trading at $4.88 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, AXL shares have increased by 149.0% and is now trading at $12.15.
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American Axle & Manufacturing updated its FY 2021 earnings guidance on Friday, May, 28th. The company provided earnings per share guidance of - for the period. The company issued revenue guidance of $5.30 billion-$5.50 billion, compared to the consensus revenue estimate of $5.41 billion.

9 equities research analysts have issued 1 year target prices for American Axle & Manufacturing's shares. Their forecasts range from $7.00 to $13.00. On average, they anticipate American Axle & Manufacturing's share price to reach $10.38 in the next twelve months. This suggests that the stock has a possible downside of 14.6%.
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136 employees have rated American Axle & Manufacturing CEO David C. Dauch on Glassdoor.com. David C. Dauch has an approval rating of 70% among American Axle & Manufacturing's employees.

Some companies that are related to American Axle & Manufacturing include Aptiv (APTV), BorgWarner (BWA), Lear (LEA), Gentex (GNTX), Allison Transmission (ALSN), Dana (DAN), LCI Industries (LCII), Dorman Products (DORM), Gentherm (THRM), Tenneco (TEN), Standard Motor Products (SMP), Modine Manufacturing (MOD), Stoneridge (SRI) and Superior Industries International (SUP).
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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).

American Axle & Manufacturing trades on the New York Stock Exchange (NYSE) under the ticker symbol "AXL."

American Axle & Manufacturing's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (16.65%), Dimensional Fund Advisors LP (5.36%), LSV Asset Management (4.25%), Geode Capital Management LLC (1.63%), D. E. Shaw & Co. Inc. (1.62%) and Lord Abbett & CO. LLC (1.55%). Company insiders that own American Axle & Manufacturing stock include Herbert K Parker, James A Mccaslin and John F Smith.
View institutional ownership trends for American Axle & Manufacturing.

AXL stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, D. E. Shaw & Co. Inc., Dimensional Fund Advisors LP, Penn Capital Management Co. Inc., Voloridge Investment Management LLC, Arrowstreet Capital Limited Partnership, New York State Common Retirement Fund, and Whitebox Advisors LLC.
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AXL stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Foundry Partners LLC, Mirae Asset Global Investments Co. Ltd., Smith Graham & Co. Investment Advisors LP, Canada Pension Plan Investment Board, Thrivent Financial for Lutherans, Silverleafe Capital Partners LLC, and Geode Capital Management LLC. Company insiders that have bought American Axle & Manufacturing stock in the last two years include Herbert K Parker, James A Mccaslin, and John F Smith.
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Shares of AXL 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.
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One share of AXL stock can currently be purchased for approximately $12.15.

American Axle & Manufacturing has a market capitalization of $1.38 billion and generates $4.71 billion in revenue each year. The auto parts company earns $-561,300,000.00 in net income (profit) each year or $0.14 on an earnings per share basis.

American Axle & Manufacturing employs 20,000 workers across the globe.

The official website for American Axle & Manufacturing is www.aam.com.

American Axle & Manufacturing is headquartered at ONE DAUCH DRIVE, DETROIT MI, 48211.

American Axle & Manufacturing's mailing address is ONE DAUCH DRIVE, DETROIT MI, 48211. The auto parts company can be reached via phone at 313-758-2000 or via email at [email protected]