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NYSE:AXLAmerican Axle & Manufact. Stock Price, Forecast & News

$8.75
+0.43 (+5.17 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$8.35
Now: $8.75
$9.62
50-Day Range
$3.26
MA: $5.38
$8.32
52-Week Range
$2.50
Now: $8.75
$13.23
Volume3.48 million shs
Average Volume3.21 million shs
Market Capitalization$989.54 million
P/E RatioN/A
Dividend YieldN/A
Beta2.74
American Axle & Manufacturing Holdings, Inc., together with its subsidiaries, designs, engineers, validates, and manufactures driveline, metal forming, powertrain, and casting products in the United States, Mexico, South America, China, other Asian countries, Europe, and internationally. The company's Driveline segment offers axles, drive shafts, power transfer units, rear drive modules, transfer cases, 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, transmission gears, and suspension components for original equipment manufacturers and automotive suppliers. The company's Powertrain segment offers transmission module and differential assemblies, transmission valve bodies, connecting rod forging and assemblies, torsional vibration dampers, and variable valve timing products for original equipment manufacturers and automotive suppliers. Its Casting segment provides thin wall castings and high strength ductile iron castings, as well as differential cases, steering knuckles, control arms, brackets, and turbo charger housings for the light vehicle, commercial, and industrial markets. American Axle & Manufacturing Holdings, Inc. was founded in 1994 and is headquartered in Detroit, Michigan.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.82 out of 5 stars


Industry, Sector and Symbol

Industry Motor vehicle parts & accessories
Sub-IndustryAuto Parts & Equipment
CUSIP02406110
Phone313-758-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.53 billion
Cash Flow$6.73 per share
Book Value$8.72 per share

Profitability

Net Income$-484,500,000.00

Miscellaneous

Employees20,000
Market Cap$989.54 million
Next Earnings Date8/7/2020 (Estimated)
OptionableOptionable

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American Axle & Manufact. (NYSE:AXL) Frequently Asked Questions

How has American Axle & Manufact.'s stock been impacted by COVID-19 (Coronavirus)?

American Axle & Manufact.'s stock was trading at $4.88 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, AXL shares have increased by 79.3% and is now trading at $8.75. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of American Axle & Manufact.?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Axle & Manufact. in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for American Axle & Manufact..

When is American Axle & Manufact.'s next earnings date?

American Axle & Manufact. is scheduled to release its next quarterly earnings announcement on Friday, August 7th 2020. View our earnings forecast for American Axle & Manufact..

How were American Axle & Manufact.'s earnings last quarter?

American Axle & Manufact. Holdings, Inc. (NYSE:AXL) posted its earnings results on Friday, May, 8th. The auto parts company reported $0.20 EPS for the quarter, topping analysts' consensus estimates of ($0.08) by $0.28. The auto parts company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.31 billion. American Axle & Manufact. had a negative net margin of 16.69% and a positive return on equity of 15.33%. The business's revenue for the quarter was down 21.9% on a year-over-year basis. During the same period last year, the business posted $0.36 earnings per share. View American Axle & Manufact.'s earnings history.

What price target have analysts set for AXL?

8 analysts have issued 1 year price objectives for American Axle & Manufact.'s stock. Their forecasts range from $4.00 to $15.00. On average, they anticipate American Axle & Manufact.'s stock price to reach $8.38 in the next year. This suggests that the stock has a possible downside of 4.3%. View analysts' price targets for American Axle & Manufact..

Has American Axle & Manufact. been receiving favorable news coverage?

News articles about AXL stock have trended positive recently, according to InfoTrie. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. American Axle & Manufact. earned a news sentiment score of 2.2 on InfoTrie's scale. They also assigned news coverage about the auto parts company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutAmerican Axle & Manufact..

Are investors shorting American Axle & Manufact.?

American Axle & Manufact. saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 11,230,000 shares, an increase of 6.4% from the April 15th total of 10,550,000 shares. Based on an average daily trading volume, of 2,460,000 shares, the days-to-cover ratio is currently 4.6 days. Approximately 10.3% of the shares of the company are sold short. View American Axle & Manufact.'s Current Options Chain.

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

What other stocks do shareholders of American Axle & Manufact. own?

Based on aggregate information from My MarketBeat watchlists, some companies that other American Axle & Manufact. investors own include Micron Technology (MU), Alibaba Group (BABA), Ford Motor (F), General Electric (GE), Gilead Sciences (GILD), Broadcom (AVGO), Intel (INTC), Advanced Micro Devices (AMD), Freeport-McMoRan (FCX) and Delta Air Lines (DAL).

Who are American Axle & Manufact.'s key executives?

American Axle & Manufact.'s management team includes the following people:
  • Mr. David Charles Dauch, Chairman & CEO (Age 54)
  • Mr. Michael K. Simonte, Pres (Age 55)
  • Mr. Christopher John May, VP & CFO (Age 49)
  • Mr. Norman Willemse, Pres of Metal Forming (Age 62)
  • Mr. Philip R. Guys, CTO & VP of Global Product Engineering (Age 56)

What is American Axle & Manufact.'s stock symbol?

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

Who are American Axle & Manufact.'s major shareholders?

American Axle & Manufact.'s stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.27%), State Street Corp (3.43%), Fuller & Thaler Asset Management Inc. (1.94%), Bank of New York Mellon Corp (1.42%), Geode Capital Management LLC (1.38%) and Morgan Stanley (1.20%). Company insiders that own American Axle & Manufact. stock include Alberto L Satine, Christopher John May, David C Dauch, David Eugene Barnes, Elizabeth Anne Chappell, Gregory Deveson, Herbert K Parker, James A Mccaslin, John F Smith, Michael Joseph Lynch, Michael K Simonte, Terri M Kemp, Tolga I Oal and William P Miller II. View institutional ownership trends for American Axle & Manufact..

Which institutional investors are selling American Axle & Manufact. stock?

AXL stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., DNB Asset Management AS, Wells Fargo & Company MN, Prudential PLC, Morgan Stanley, Morgan Stanley, Connor Clark & Lunn Investment Management Ltd., and Victory Capital Management Inc.. View insider buying and selling activity for American Axle & Manufact..

Which institutional investors are buying American Axle & Manufact. stock?

AXL stock was purchased by a variety of institutional investors in the last quarter, including Squarepoint Ops LLC, Whitebox Advisors LLC, Federated Hermes Inc., Aequim Alternative Investments LP, State Street Corp, APG Asset Management N.V., APG Asset Management N.V., and APG Asset Management N.V.. Company insiders that have bought American Axle & Manufact. stock in the last two years include Christopher John May, David C Dauch, David Eugene Barnes, Elizabeth Anne Chappell, Gregory Deveson, Herbert K Parker, James A Mccaslin, John F Smith, Michael Joseph Lynch, Michael K Simonte, Terri M Kemp, Tolga I Oal, and William P Miller II. View insider buying and selling activity for American Axle & Manufact..

How do I buy shares of American Axle & Manufact.?

Shares of AXL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is American Axle & Manufact.'s stock price today?

One share of AXL stock can currently be purchased for approximately $8.75.

How big of a company is American Axle & Manufact.?

American Axle & Manufact. has a market capitalization of $989.54 million and generates $6.53 billion in revenue each year. The auto parts company earns $-484,500,000.00 in net income (profit) each year or $1.62 on an earnings per share basis. American Axle & Manufact. employs 20,000 workers across the globe.

What is American Axle & Manufact.'s official website?

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

How can I contact American Axle & Manufact.?

American Axle & Manufact.'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 6/6/2020 by MarketBeat.com Staff

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