NYSE:AXL

American Axle & Manufacturing Stock Forecast, Price & News

$11.03
+0.24 (+2.22 %)
(As of 06/23/2021 04:54 PM ET)
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Today's Range
$10.80
$11.13
50-Day Range
$8.93
$12.87
52-Week Range
$4.82
$13.06
Volume906,380 shs
Average Volume1.77 million shs
Market Capitalization$1.26 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.56
30 days | 90 days | 365 days | Advanced Chart
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American Axle & Manufacturing logo

About American Axle & Manufacturing

American Axle & Manufacturing Holdings, Inc., together with its subsidiaries, designs, engineers, and manufactures driveline and metal forming products in the United States, Mexico, South America, China, other Asian countries, and Europe. The company's 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. Its Metal Forming segment provides axle and transmission shafts, ring and pinion gears, differential gears and assemblies, and connecting rods and variable valve timing products for original equipment manufacturers and tier 1 automotive suppliers. American Axle & Manufacturing Holdings, Inc. has technology development agreement with Suzhou Inovance Automotive Ltd. The company was founded in 1994 and is headquartered in Detroit, Michigan.

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MarketRank

Overall MarketRank

1.45 out of 5 stars

Auto/Tires/Trucks Sector

59th out of 171 stocks

Motor Vehicle Parts & Accessories Industry

26th out of 65 stocks

Analyst Opinion: 1.0Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 2.5 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?

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.
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, July 30th 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) announced its earnings results on Thursday, May, 6th. The auto parts company reported $0.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.33. The auto parts company had revenue of $1.43 billion for the quarter, compared to analyst estimates 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 was up 6.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.20 earnings per share.
View American Axle & Manufacturing's earnings history
.

How has American Axle & Manufacturing's stock price been impacted by COVID-19?

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 stock has increased by 126.0% and is now trading at $11.03.
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, May, 28th. 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 $5.41 billion.

What price target have analysts set for AXL?

9 Wall Street analysts have issued 12-month target prices for American Axle & Manufacturing's stock. 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 year. This suggests that the stock has a possible downside of 5.9%.
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:
  • Mr. David Charles Dauch, Chairman & CEO (Age 56, Pay $4.25M)
  • Mr. Michael K. Simonte, Pres (Age 57, Pay $2.29M)
  • Mr. Christopher John May, VP & CFO (Age 51, Pay $1.46M)
  • Mr. Norman Willemse, Pres of Metal Forming (Age 64, Pay $1.54M)
  • Mr. Gregory S. Deveson, Pres of Driveline (Age 59, Pay $1.47M)
  • Mr. James G. Zaliwski, Chief Accounting Officer (Age 49)
  • Mr. Philip R. Guys, CTO & VP of Global Product Engineering (Age 58)
  • Mr. Donald E. Wright, Chief Information Officer & VP
  • Mr. Jason P. Parsons, Director of Investor Relations
  • Mr. David Eugene Barnes, Chief Compliance Officer, VP, Gen. Counsel & Corp. Sec. (Age 62)

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 variety of 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
.

Which major investors are selling American Axle & Manufacturing stock?

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.
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 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.
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 $11.03.

How much money does American Axle & Manufacturing make?

American Axle & Manufacturing has a market capitalization of $1.26 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.

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 6/23/2021 by MarketBeat.com Staff
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