American Axle & Manufacturing Stock Forecast, Price & News

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.
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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, October 29th 2021.
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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.

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.
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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.

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.
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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 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.

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..
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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.
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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 $8.61.

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.

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].