American Axle & Manufacturing (AXL) Expected to Announce Earnings on Friday

American Axle & Manufacturing (NYSE:AXL - Get Free Report) is anticipated to release its Q1 2025 earnings data before the market opens on Friday, May 2nd. Analysts expect the company to announce earnings of $0.07 per share and revenue of $1.43 billion for the quarter. American Axle & Manufacturing has set its FY 2025 guidance at EPS.

American Axle & Manufacturing (NYSE:AXL - Get Free Report) last released its quarterly earnings results on Friday, February 14th. The auto parts company reported ($0.06) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.06). The company had revenue of $1.38 billion for the quarter, compared to analysts' expectations of $1.39 billion. American Axle & Manufacturing had a net margin of 0.57% and a return on equity of 10.44%. The firm's revenue for the quarter was down 5.6% compared to the same quarter last year. During the same period last year, the company earned ($0.09) EPS. On average, analysts expect American Axle & Manufacturing to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

American Axle & Manufacturing Stock Up 9.4 %

AXL opened at $3.71 on Friday. The stock has a market capitalization of $439.02 million, a price-to-earnings ratio of 13.25 and a beta of 1.70. The business has a 50-day moving average of $4.23 and a two-hundred day moving average of $5.38. American Axle & Manufacturing has a 12 month low of $3.00 and a 12 month high of $7.98. The company has a debt-to-equity ratio of 4.58, a current ratio of 1.63 and a quick ratio of 1.25.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $5.00 price objective on shares of American Axle & Manufacturing in a research note on Wednesday, April 16th. Barclays reduced their target price on American Axle & Manufacturing from $8.00 to $7.00 and set an "equal weight" rating for the company in a research note on Wednesday, January 22nd. UBS Group dropped their price target on American Axle & Manufacturing from $6.00 to $3.50 and set a "neutral" rating on the stock in a research report on Thursday, April 10th. TD Cowen began coverage on American Axle & Manufacturing in a research report on Friday, March 7th. They issued a "hold" rating and a $5.00 target price on the stock. Finally, StockNews.com cut American Axle & Manufacturing from a "buy" rating to a "hold" rating in a research report on Monday, February 17th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and one has issued a buy rating to the stock. According to MarketBeat, American Axle & Manufacturing has a consensus rating of "Hold" and a consensus price target of $6.25.

About American Axle & Manufacturing

American Axle & Manufacturing Holdings, Inc engages in the manufacture, engineering, design, and validation of driveline systems and related components. It operates through the Driveline and Metal Forming segments. 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.

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