NYSE:AXL American Axle & Manufacturing - AXL Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding American Axle & Manufacturing Holdings, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $7.60 +0.28 (+3.83%) (As of 03/21/2023 12:00 AM ET) Add Compare Share Share Today's Range$7.56▼$7.8050-Day Range$7.32▼$10.0552-Week Range$6.36▼$11.96Volume1.24 million shsAverage Volume1.10 million shsMarket Capitalization$870.81 millionP/E Ratio14.34Dividend YieldN/APrice Target$9.83 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media American Axle & Manufacturing MarketRank™ ForecastAnalyst RatingHold2.13 Rating ScoreUpside/Downside29.4% Upside$9.83 Price TargetShort InterestHealthy3.09% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.08Based on 10 Articles This WeekInsider TradingSelling Shares$265,797 Sold Last QuarterProj. Earnings Growth89.58%From $0.48 to $0.91 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.64 out of 5 starsAuto/Tires/Trucks Sector14th out of 97 stocksMotor Vehicle Parts & Accessories Industry8th out of 33 stocks 3.1 Analyst's Opinion Consensus RatingAmerican Axle & Manufacturing has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 1 buy rating, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.83, American Axle & Manufacturing has a forecasted upside of 29.4% from its current price of $7.60.Amount of Analyst CoverageAmerican Axle & Manufacturing has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.09% of the float of American Axle & Manufacturing has been sold short.Short Interest Ratio / Days to CoverAmerican Axle & Manufacturing has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in American Axle & Manufacturing has recently increased by 14.63%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldAmerican Axle & Manufacturing does not currently pay a dividend.Dividend GrowthAmerican Axle & Manufacturing does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AXL. Previous Next 2.8 News and Social Media Coverage News SentimentAmerican Axle & Manufacturing has a news sentiment score of 0.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.29 average news sentiment score of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 10 news articles for American Axle & Manufacturing this week, compared to 4 articles on an average week.Search Interest8 people have searched for AXL on MarketBeat in the last 30 days. MarketBeat Follows1 people have added American Axle & Manufacturing to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, American Axle & Manufacturing insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $265,797.00 in company stock.Percentage Held by InsidersOnly 2.10% of the stock of American Axle & Manufacturing is held by insiders.Percentage Held by Institutions95.74% of the stock of American Axle & Manufacturing is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for American Axle & Manufacturing are expected to grow by 89.58% in the coming year, from $0.48 to $0.91 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of American Axle & Manufacturing is 14.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.80.Price to Earnings Ratio vs. SectorThe P/E ratio of American Axle & Manufacturing is 14.34, which means that it is trading at a less expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 19.83.Price to Earnings Growth RatioAmerican Axle & Manufacturing has a PEG Ratio of 1.94. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAmerican Axle & Manufacturing has a P/B Ratio of 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About American Axle & Manufacturing (NYSE:AXL) StockAmerican 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.Read More Receive AXL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for American Axle & Manufacturing and its competitors with MarketBeat's FREE daily newsletter. Email Address AXL Stock News HeadlinesMarch 21, 2023 | marketwatch.comInterior and Exterior Passenger Car Part Market Size2023 Research Report by Segment Analysis and Forecast till 2027March 21, 2023 | msn.comFrom golgappas to diplomacy: A look at Japan PM Fumio Kishida's India visit, talks with PM ModiMarch 22, 2023 | Health Sector Insight (Ad)Big Potential, Tiny Penny StockLittle-known stock ready to disrupt the $4.37 trillion wellness marketMarch 20, 2023 | marketwatch.comTruck Axle Market Outlook and Forecast till 2029March 18, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on American Axle & Manufacturing (NYSE:AXL)March 16, 2023 | americanbankingnews.comAmerican Axle & Manufacturing Holdings, Inc. (NYSE:AXL) Short Interest Up 14.6% in FebruaryMarch 15, 2023 | marketwatch.com2023-2029 Automotive Chassis Market Size, Share and Trends Analysis | Research Report by Absolute ReportsMarch 15, 2023 | marketwatch.comTransfer Case Market Application, Product, Sales and Forecast 2023-2028March 22, 2023 | Health Sector Insight (Ad)Big Potential, Tiny Penny StockLittle-known stock ready to disrupt the $4.37 trillion wellness marketMarch 15, 2023 | marketwatch.comAutomotive Drive Shaft Market Size, Share, Outlook Opportunity Analysis 2029March 14, 2023 | marketwatch.com2023-2029 Transmission Shafts Market Size, Share and Trends Analysis | Research Report by Absolute ReportsMarch 14, 2023 | americanbankingnews.comCitigroup Lowers American Axle & Manufacturing (NYSE:AXL) Price Target to $9.00March 14, 2023 | marketwatch.comExamining the AWD Systems Market from 2023-Opportunities and Challenges AheadMarch 13, 2023 | marketwatch.com2023-2029 Automotive Multi-wheel Drive Market Size and Competitor Analysis | Research Report by Absolute ReportsMarch 13, 2023 | marketwatch.com2023, Current Status and Future Prospects Of Automotive Heat Treatment MarketMarch 13, 2023 | marketwatch.com2023, Current Status and Future Prospects Of Cold Forgings MarketMarch 11, 2023 | marketwatch.comComposite Driveshafts Market 2023-2028 New Review by Competitor Analysis and Recent DevelopmentMarch 10, 2023 | marketwatch.comAutomotive Chassis Market Application, Product, Sales and Forecast 2023-2028March 9, 2023 | marketwatch.com2023, Metal Stamping Market is thriving worldwide by 2029March 8, 2023 | marketwatch.comRolled Ring Market Share, Size, Industry Trends, Competitor Analysis and Forecast 2023-2028March 6, 2023 | marketwatch.comMetal Gear Component Market Trends, Forecast, and Analysis by [NEW Market Insights] 2023-2028March 3, 2023 | msn.comEverybody agrees on the diagnosis of the challenge with China, says AAM pres.February 24, 2023 | marketwatch.comComposite Driveshafts Market 2023 Top Companies, Industry Outlook | In-depth Analysis Business Opportunities and Demand to 2029February 22, 2023 | markets.businessinsider.comBarclays Reaffirms Their Hold Rating on American Axle (AXL)February 22, 2023 | seekingalpha.comAmerican Axle Is Risky But Has Signed Contracts With NIO And MercedesFebruary 21, 2023 | finance.yahoo.comAmerican Axle's (AXL) Q4 Earnings Miss, Revenues Grow Y/YFebruary 21, 2023 | seekingalpha.comAmerican Axle: Mr. Market Is Ignoring This Value PlaySee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive AXL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for American Axle & Manufacturing and its competitors with MarketBeat's FREE daily newsletter. Email Address AXL Company Calendar Last Earnings2/17/2023Today3/22/2023Next Earnings (Estimated)5/05/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Motor vehicle parts & accessories Sub-IndustryAuto Parts & Equipment SectorAuto/Tires/Trucks Current SymbolNYSE:AXL CUSIP02406110 CIK1062231 Webwww.aam.com Phone(313) 758-2000Fax313-974-3090Employees19,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$9.83 High Stock Price Forecast$13.00 Low Stock Price Forecast$7.00 Forecasted Upside/Downside+29.4%Consensus RatingHold Rating Score (0-4)2.13 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$0.53 Trailing P/E Ratio14.34 Forward P/E Ratio15.83 P/E Growth1.94Net Income$64.30 million Net Margins1.11% Pretax Margin1.14% Return on Equity14.06% Return on Assets1.28% Debt Debt-to-Equity Ratio4.54 Current Ratio1.66 Quick Ratio1.28 Sales & Book Value Annual Sales$5.80 billion Price / Sales0.15 Cash Flow$5.00 per share Price / Cash Flow1.52 Book Value$5.48 per share Price / Book1.39Miscellaneous Outstanding Shares114,580,000Free Float112,174,000Market Cap$870.81 million OptionableOptionable Beta2.27 Key ExecutivesDavid C. DauchChairman & Chief Executive OfficerMichael K. SimontePresidentMichael J. LynchChief Operating OfficerChris MayChief Financial Officer & Executive Vice PresidentDavid Eugene BarnesSecretary, Chief Compliance Officer & VPKey CompetitorsStandard Motor ProductsNYSE:SMPModine ManufacturingNYSE:MODDanaNYSE:DANGenthermNASDAQ:THRMLCI IndustriesNYSE:LCIIView All CompetitorsInsiders & InstitutionsRockefeller Capital Management L.P.Sold 519,201 shares on 3/6/2023Ownership: 0.263%David Eugene BarnesSold 29,533 sharesTotal: $265,797.00 ($9.00/share)Voya Investment Management LLCSold 1,524 shares on 2/28/2023Ownership: 0.089%NatixisBought 108,200 shares on 2/24/2023Ownership: 0.094%Macquarie Group Ltd.Sold 1,446 shares on 2/21/2023Ownership: 0.100%View All Insider TransactionsView All Institutional Transactions AXL Stock - Frequently Asked Questions Should I buy or sell American Axle & Manufacturing stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Axle & Manufacturing in the last year. There are currently 7 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" AXL shares. 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 AXL analyst ratings or view top-rated stocks. What is American Axle & Manufacturing's stock price forecast for 2023? 8 analysts have issued 12-month target prices for American Axle & Manufacturing's stock. Their AXL share price forecasts range from $7.00 to $13.00. On average, they anticipate the company's share price to reach $9.83 in the next twelve months. This suggests a possible upside of 29.4% from the stock's current price. View analysts price targets for AXL or view top-rated stocks among Wall Street analysts. How have AXL shares performed in 2023? American Axle & Manufacturing's stock was trading at $7.82 on January 1st, 2023. Since then, AXL stock has decreased by 2.8% and is now trading at $7.60. View the best growth stocks for 2023 here. Are investors shorting American Axle & Manufacturing? American Axle & Manufacturing saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 3,370,000 shares, an increase of 14.6% from the February 13th total of 2,940,000 shares. Based on an average daily trading volume, of 988,000 shares, the short-interest ratio is currently 3.4 days. Currently, 3.1% of the company's stock are short sold. View American Axle & Manufacturing's Short Interest. When is American Axle & Manufacturing's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023. View our AXL earnings forecast. How were American Axle & Manufacturing's earnings last quarter? American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) posted its quarterly earnings data on Friday, February, 17th. The auto parts company reported ($0.07) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by $0.08. The auto parts company earned $1.39 billion during the quarter, compared to analyst estimates of $1.39 billion. American Axle & Manufacturing had a net margin of 1.11% and a trailing twelve-month return on equity of 14.06%. American Axle & Manufacturing's quarterly revenue was up 12.5% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.09) EPS. What ETFs hold American Axle & Manufacturing's stock? ETFs with the largest weight of American Axle & Manufacturing (NYSE:AXL) stock in their portfolio include SPDR S&P Kensho Smart Mobility ETF (HAIL), Roundhill Acquirers Deep Value ETF (DEEP), Global X Autonomous & Electric Vehicles ETF (DRIV), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Invesco S&P SmallCap 600 Revenue ETF (RWJ), Invesco S&P SmallCap 600 Pure Value ETF (RZV) and Syntax Stratified SmallCap ETF (SSLY). What guidance has American Axle & Manufacturing issued on next quarter's earnings? American Axle & Manufacturing updated its FY 2023 earnings guidance on Monday, February, 20th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $5.95 billion-$6.25 billion, compared to the consensus revenue estimate of $5.98 billion. What is David C. Dauch's approval rating as American Axle & Manufacturing's CEO? 136 employees have rated American Axle & Manufacturing Chief Executive Officer David C. Dauch on Glassdoor.com. David C. Dauch has an approval rating of 70% among the company's employees. 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 many different retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (5.21%), Barrow Hanley Mewhinney & Strauss LLC (4.93%), LSV Asset Management (3.73%), Fuller & Thaler Asset Management Inc. (2.99%), Charles Schwab Investment Management Inc. (2.38%) and Geode Capital Management LLC (1.79%). View institutional ownership trends. How do I buy shares of American Axle & Manufacturing? Shares of AXL stock 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 $7.60. How much money does American Axle & Manufacturing make? American Axle & Manufacturing (NYSE:AXL) has a market capitalization of $870.81 million and generates $5.80 billion in revenue each year. The auto parts company earns $64.30 million in net income (profit) each year or $0.53 on an earnings per share basis. How many employees does American Axle & Manufacturing have? The company employs 19,000 workers across the globe. How can I contact American Axle & Manufacturing? American Axle & Manufacturing's mailing address is ONE DAUCH DRIVE, DETROIT MI, 48211. The official website for the company is www.aam.com. The auto parts company can be reached via phone at (313) 758-2000, via email at investorresources@arcosa.com, or via fax at 313-974-3090. This page (NYSE:AXL) was last updated on 3/22/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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