NYSE:AXL

American Axle & Manufacturing Stock Forecast, Price & News

$8.65
+0.23 (+2.73 %)
(As of 09/23/2021 11:28 AM ET)
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Today's Range
$8.55
$8.69
50-Day Range
$7.96
$9.89
52-Week Range
$4.82
$13.06
Volume39,087 shs
Average Volume1.60 million shs
Market Capitalization$986.51 million
P/E Ratio4.94
Dividend YieldN/A
Beta2.49
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American Axle & Manufacturing logo

About American Axle & Manufacturing

American 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.

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MarketRank

Overall MarketRank

2.41 out of 5 stars

Auto/Tires/Trucks Sector

27th out of 123 stocks

Motor Vehicle Parts & Accessories Industry

17th out of 48 stocks

Analyst Opinion: 2.0Community Rank: 4.0Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 4.4 5 -4 -3 -2 -1 -
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American Axle & Manufacturing (NYSE:AXL) Frequently Asked Questions

Is American Axle & Manufacturing a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Axle & Manufacturing in the last year. There are currently 2 sell ratings, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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.
View analyst ratings for American Axle & Manufacturing
or view top-rated stocks.

What stocks does MarketBeat like better than American Axle & Manufacturing?

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.
View MarketBeat's top stock picks here.

When is American Axle & Manufacturing's next earnings date?

American Axle & Manufacturing is scheduled to release its next quarterly earnings announcement on Friday, October 29th 2021.
View our earnings forecast for American Axle & Manufacturing
.

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

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) posted its quarterly earnings data on Thursday, July, 29th. The auto parts company reported $0.29 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.03 by $0.26. The auto parts company earned $1.28 billion during the quarter, compared to analysts' expectations of $1.18 billion. American Axle & Manufacturing had a net margin of 3.74% and a trailing twelve-month return on equity of 76.80%. The business's quarterly revenue was up 149.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($1.79) EPS.
View American Axle & Manufacturing's earnings history
.

How has American Axle & Manufacturing's stock price been impacted by Coronavirus?

American Axle & Manufacturing's stock was trading at $4.88 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, AXL stock has increased by 76.4% and is now trading at $8.61.
View which stocks have been most impacted by COVID-19
.

What guidance has American Axle & Manufacturing issued on next quarter's earnings?

American Axle & Manufacturing issued an update on its FY 2021 earnings guidance on Friday, August, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $5.30 billion-$5.50 billion, compared to the consensus revenue estimate of $5.51 billion.

What price target have analysts set for AXL?

8 analysts have issued 12 month price targets for American Axle & Manufacturing's shares. Their forecasts range from $8.00 to $13.00. On average, they anticipate American Axle & Manufacturing's share price to reach $10.14 in the next year. This suggests a possible upside of 17.8% from the stock's current price.
View analysts' price targets for American Axle & Manufacturing
or view top-rated stocks among Wall Street analysts.

Who are American Axle & Manufacturing's key executives?

American Axle & Manufacturing's management team includes the following people:
  • David C. Dauch, Chairman & Chief Executive Officer
  • Michael K. Simonte, President
  • Chris May, Chief Financial Officer & Vice President
  • David Eugene Barnes, Secretary, VP & Chief Compliance Officer
  • Norman Willemse, President-Metal Forming

What is David C. Dauch's approval rating as American Axle & Manufacturing's CEO?

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.

Who are some of American Axle & Manufacturing's key competitors?

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 investors include BlackRock Inc. (16.23%), Vanguard Group Inc. (11.50%), Barrow Hanley Mewhinney & Strauss LLC (5.51%), Dimensional Fund Advisors LP (4.73%), LSV Asset Management (4.40%) and State Street Corp (3.82%). 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
.

Which major investors are selling American Axle & Manufacturing stock?

AXL stock was sold by a variety of institutional investors in the last quarter, including Prudential PLC, Dimensional Fund Advisors LP, Bank of Montreal Can, State Street Corp, Barrow Hanley Mewhinney & Strauss LLC, BlackRock Inc., Russell Investments Group Ltd., and Panagora Asset Management Inc..
View insider buying and selling activity for American Axle & Manufacturing
or view top insider-selling stocks.

Which major investors are buying American Axle & Manufacturing stock?

AXL stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Vanguard Group Inc., Millennium Management LLC, Renaissance Technologies LLC, Morgan Stanley, Morgan Stanley, Nuveen Asset Management LLC, and Invesco Ltd.. 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.
View insider buying and selling activity for American Axle & Manufacturing
or or view top insider-buying stocks.

How do I buy shares of American Axle & Manufacturing?

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.
Compare Top Brokerages Here.

What is American Axle & Manufacturing's stock price today?

One share of AXL stock can currently be purchased for approximately $8.61.

How much money does American Axle & Manufacturing make?

American Axle & Manufacturing has a market capitalization of $981.94 million 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.

How many employees does American Axle & Manufacturing have?

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

What is American Axle & Manufacturing's official website?

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

Where are American Axle & Manufacturing's headquarters?

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

How can I contact American Axle & Manufacturing?

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].


This page was last updated on 9/23/2021 by MarketBeat.com Staff
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