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. $9.60 +0.01 (+0.10%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$9.41▼$9.8050-Day Range$7.47▼$10.4152-Week Range$6.36▼$11.96Volume1.13 million shsAverage Volume821,881 shsMarket Capitalization$1.10 billionP/E Ratio960.96Dividend YieldN/APrice Target$9.33 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media American Axle & Manufacturing MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside2.8% Downside$9.33 Price TargetShort InterestHealthy2.49% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.02Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth24.64%From $0.69 to $0.86 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.1.80 out of 5 starsAuto/Tires/Trucks Sector74th out of 96 stocksMotor Vehicle Parts & Accessories Industry26th out of 33 stocks 1.0 Analyst's Opinion Consensus RatingAmerican Axle & Manufacturing has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 6 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.33, American Axle & Manufacturing has a forecasted downside of 2.8% from its current price of $9.60.Amount of Analyst CoverageAmerican Axle & Manufacturing has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.49% 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 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in American Axle & Manufacturing has recently decreased by 11.36%, indicating that investor sentiment is improving 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 1.02. 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 higher news sentiment than the 0.36 average news sentiment score of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 8 news articles for American Axle & Manufacturing this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 1 people have added American Axle & Manufacturing to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, American Axle & Manufacturing insiders have not sold or bought any 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 1.9 Earnings and Valuation Earnings GrowthEarnings for American Axle & Manufacturing are expected to grow by 24.64% in the coming year, from $0.69 to $0.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of American Axle & Manufacturing is 960.96, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 138.03.Price to Earnings Ratio vs. SectorThe P/E ratio of American Axle & Manufacturing is 960.96, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 24.51.Price to Earnings Growth RatioAmerican Axle & Manufacturing has a PEG Ratio of 1.38. 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 2.39. 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 HeadlinesFebruary 3, 2023 | marketwatch.comGlobal Drive Shaft Market Size 2023 Research Report by Share, Qualitative Insights, Growth Rate, Opportunity, Regional Analysis and Forecast to 2028February 2, 2023 | marketwatch.comAutomotive Drive Shaft Market: 2023 New Report Show Outstanding Growth with Revenue and Sales Analysis till 2028February 4, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.February 2, 2023 | marketwatch.comMetal Stampings Market Likely to Boost Future Growth with|Alcoa,American Axle & Manufacturing Holdings,MagnaFebruary 1, 2023 | americanbankingnews.comAmerican Axle & Manufacturing Holdings, Inc. (NYSE:AXL) Receives $9.33 Average PT from BrokeragesJanuary 26, 2023 | marketwatch.comTruck Transmission System Market 2023 : Trend Analysis, Competitive Outlook of Top Industry Players and Future Expansion by 2028January 22, 2023 | marketwatch.comAutomotive Chassis Market Size and Regional Analysis 2023 by Industry News, Business Statistics and Research Methodology and Forecast to 2027January 19, 2023 | msn.comVisteon, Goodyear, American Axle added to short-term catalyst list at DeutscheFebruary 4, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 19, 2023 | marketwatch.comDuctile Iron Market : Industry Analysis 2023 To 2028 based on Sales, Revenue, Size and ShareJanuary 18, 2023 | marketwatch.comCommercial Vehicle Transfer Case Market Trends 2023-2029 by Key Players - American Axle & Manufacturing (AAM), GKN, ZF Friedrichshafen, MitsubishiJanuary 17, 2023 | finance.yahoo.comAmerican Axle & Manufacturing Holdings (NYSE:AXL) shareholders have endured a 53% loss from investing in the stock five years agoJanuary 15, 2023 | marketwatch.comAutomotive Steering Knuckle Market Size 2023 with Economical benchmarking, Old statistics & forecasts, Company returns sharesJanuary 13, 2023 | marketwatch.comClosed Die Forgings Market Size 2023 : Leading Players, Latest Trends, Production, Capacity by Region, Business Strategies, Review, Forecast to 2028January 12, 2023 | marketwatch.comMetal Stamping Market Insights: Industry changing aspects, New Technologies and Forecast to 2027 | Market Growth ReportsJanuary 11, 2023 | marketwatch.comAutomotive Drivetrain Market Research Report 2023: (Impact of COVID-19) Latest Market Trends, Top Players & Regional Market Share Forecast 2029January 5, 2023 | finance.yahoo.comAAM Joins CES with Experiential Display Showcasing Pivot to EVJanuary 3, 2023 | finance.yahoo.comAAM To Webcast Technology Day January 4December 31, 2022 | msn.comPunjab MPs claim 100% attendance in Rajya SabhaDecember 21, 2022 | marketwatch.comTruck Transmission System Market (New Report) 2023-2026 Find Out Essential Strategies To Expand The Business And Top Key Players | 92 Pages ReportDecember 16, 2022 | marketwatch.comRolled Ring Market Trends, Business Overview, Industry Growth, and Forecast 2022 To 2028December 15, 2022 | finance.yahoo.comAAM Displays Advanced Electrification Solutions at First Ever CES ExhibitDecember 15, 2022 | marketwatch.comAutomotive Half Shaft Market Growth, Statistics, Economic Crisis, Revenue, Trends, Industry Size, Opportunity and Challenges Forecast to 2028December 13, 2022 | marketwatch.comElectric Axle Drive Systems Market Share From 2023 To 2028 And Unlimited Opportunities for New Companies and Latest DevelopmentsDecember 13, 2022 | benzinga.com3D Printing Metal Market Size Growing from US$ 422.9 Million to US$ 2.95 Billion over the Forecast Period (2022-2032) – Persistence Market ResearchDecember 9, 2022 | marketwatch.comMetal Gear Component Market Outlook, In-depth Analysis, Industry Drivers, Key Trends, Projections, and Future opportunities for the period 2022 2028December 7, 2022 | finance.yahoo.comAmerican Axle & Manufacturing Holdings, Inc. (NYSE:AXL) Shares Could Be 47% Below Their Intrinsic Value EstimateSee 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 Earnings11/04/2021Today2/04/2023Next Earnings (Estimated)2/10/2023Fiscal 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) 758-2000Fax313-974-3090Employees18,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$9.33 High Stock Price Forecast$13.00 Low Stock Price Forecast$5.00 Forecasted Upside/Downside-2.8%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$0.01 Trailing P/E Ratio960.96 Forward P/E Ratio13.91 P/E Growth1.38Net Income$5.90 million Net Margins0.07% Pretax Margin-0.01% Return on Equity15.04% Return on Assets1.25% Debt Debt-to-Equity Ratio6.11 Current Ratio1.69 Quick Ratio1.32 Sales & Book Value Annual Sales$5.16 billion Price / Sales0.21 Cash Flow$5.75 per share Price / Cash Flow1.67 Book Value$4.01 per share Price / Book2.39Miscellaneous Outstanding Shares114,550,000Free Float112,148,000Market Cap$1.10 billion OptionableOptionable Beta2.30 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 CompetitorsModine ManufacturingNYSE:MODStandard Motor ProductsNYSE:SMPGenthermNASDAQ:THRMDanaNYSE:DANLCI IndustriesNYSE:LCIIView All CompetitorsInsiders & InstitutionsSmith Graham & Co. Investment Advisors LPSold 3,220 shares on 2/2/2023Ownership: 0.858%Simplex Trading LLCSold 103,100 shares on 2/2/2023Ownership: 0.000%Bailard Inc.Bought 35,500 shares on 2/2/2023Ownership: 0.031%ProShare Advisors LLCBought 2,304 shares on 2/2/2023Ownership: 0.016%Zurcher Kantonalbank Zurich Cantonalbank Bought 4,170 shares on 2/1/2023Ownership: 0.014%View All Institutional Transactions AXL Stock - Frequently Asked Questions Should I buy or sell American Axle & Manufacturing stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for American Axle & Manufacturing in the last year. There are currently 1 sell rating, 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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 price targets for American Axle & Manufacturing's shares. Their AXL share price forecasts range from $5.00 to $13.00. On average, they expect the company's share price to reach $9.33 in the next year. This suggests that the stock has a possible downside of 2.8%. 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 at the beginning of the year. Since then, AXL stock has increased by 22.8% and is now trading at $9.60. View the best growth stocks for 2023 here. Are investors shorting American Axle & Manufacturing? American Axle & Manufacturing saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 2,730,000 shares, a decline of 11.4% from the December 31st total of 3,080,000 shares. Based on an average daily volume of 1,220,000 shares, the days-to-cover ratio is currently 2.2 days. Currently, 2.5% 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, February 10th 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 Thursday, November, 4th. The auto parts company reported $0.15 earnings per share for the quarter, beating analysts' consensus estimates of $0.01 by $0.14. The auto parts company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.15 billion. American Axle & Manufacturing had a net margin of 0.07% and a trailing twelve-month return on equity of 15.04%. The company's quarterly revenue was down 14.2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.15 earnings per share. What guidance has American Axle & Manufacturing issued on next quarter's earnings? American Axle & Manufacturing updated its FY 2022 earnings guidance on Friday, November, 18th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $5.75 billion-$5.85 billion, compared to the consensus revenue estimate of $5.84 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 a number of retail and institutional investors. Top institutional investors include New York State Common Retirement Fund (1.03%), Smith Graham & Co. Investment Advisors LP (0.86%), New York State Teachers Retirement System (0.13%), Ziegler Capital Management LLC (0.12%), Simplex Trading LLC (0.00%) and Comerica Bank (0.08%). Insiders that own company stock include Herbert K Parker, James A Mccaslin and John F Smith. 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 $9.60. How much money does American Axle & Manufacturing make? American Axle & Manufacturing (NYSE:AXL) has a market capitalization of $1.10 billion and generates $5.16 billion in revenue each year. The auto parts company earns $5.90 million in net income (profit) each year or $0.01 on an earnings per share basis. How many employees does American Axle & Manufacturing have? The company employs 18,000 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 2/4/2023 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. 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