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NYSE:AXL

American Axle & Manufacturing (AXL) Stock Price, News & Analysis

$5.90
-0.18 (-2.96%)
(As of 09/6/2024 ET)
Today's Range
$5.85
$6.14
50-Day Range
$5.90
$7.44
52-Week Range
$5.85
$8.99
Volume
1.98 million shs
Average Volume
1.56 million shs
Market Capitalization
$693.56 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.90

American Axle & Manufacturing MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
33.9% Upside
$7.90 Price Target
Short Interest
Healthy
3.60% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.12mentions of American Axle & Manufacturing in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
102.86%
From $0.35 to $0.71 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.62 out of 5 stars

Auto/Tires/Trucks Sector

46th out of 80 stocks

Motor Vehicle Parts & Accessories Industry

21st out of 31 stocks

AXL stock logo

About American Axle & Manufacturing Stock (NYSE:AXL)

American Axle & Manufacturing Holdings, Inc., together with its subsidiaries, designs, engineers, and manufactures driveline and metal forming technologies that supports electric, hybrid, and internal combustion vehicles. It operates through two segments, Driveline and Metal Forming segments. The Driveline segment offers front and rear axles, driveshafts, differential assemblies, clutch modules, balance shaft systems, disconnecting driveline technology, and electric and hybrid driveline products and systems for light trucks, sport utility vehicles, crossover vehicles, passenger cars, and commercial vehicles. The Metal Forming segment provides range of products, such as engine, transmission, driveline, and safety-critical components for traditional internal combustion engine and electric vehicle architectures, including light vehicles, commercial vehicles, and off-highway vehicles, as well as products for industrial markets. It operates in North America, Asia, Europe, and South America. American Axle & Manufacturing Holdings, Inc. was founded in 1994 and is headquartered in Detroit, Michigan.

AXL Stock Price History

AXL Stock News Headlines

China Stockpiling Gold “Like No Tomorrow”
For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… .
Morgan Stanley Reaffirms Their Buy Rating on American Axle (AXL)
AXL Jan 2026 7.000 put
China Stockpiling Gold “Like No Tomorrow”
For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… .
See More Headlines
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Company Calendar

Last Earnings
8/09/2024
Today
9/07/2024
Next Earnings (Estimated)
11/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motor vehicle parts & accessories
Sub-Industry
Auto Parts & Equipment
CUSIP
02406110
Employees
19,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.90
High Stock Price Target
$10.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+33.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

Net Income
$-33,600,000.00
Pretax Margin
0.63%

Debt

Sales & Book Value

Annual Sales
$6.25 billion
Cash Flow
$3.73 per share
Book Value
$5.18 per share

Miscellaneous

Free Float
115,084,000
Market Cap
$693.56 million
Optionable
Optionable
Beta
1.95
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Key Executives

  • Mr. David Charles Dauch (Age 59)
    Chairman & CEO
    Comp: $6.98M
  • Mr. Michael Joseph Lynch (Age 60)
    President & COO
    Comp: $2.11M
  • Mr. Christopher John May (Age 54)
    Executive VP & CFO
    Comp: $2.47M
  • Ms. Terri M. Kemp (Age 58)
    Senior Vice President of Human Resources & Sustainability
    Comp: $1.53M
  • Mr. Tolga I. Oal (Age 52)
    President of Driveline
    Comp: $1.21M
  • Mr. James G. Zaliwski (Age 52)
    Chief Accounting Officer
  • Mr. Donald E. Wright
    Chief Information Officer & VP
  • David H. Lim
    Head of Investor Relations
  • Mr. David Eugene Barnes (Age 65)
    Chief Compliance Officer & Corporate Secretary
  • Mr. Matthew Keats Paroly (Age 59)
    VP & General Counsel

AXL Stock Analysis - Frequently Asked Questions

How have AXL shares performed this year?

American Axle & Manufacturing's stock was trading at $8.81 at the start of the year. Since then, AXL stock has decreased by 33.0% and is now trading at $5.90.
View the best growth stocks for 2024 here
.

How were American Axle & Manufacturing's earnings last quarter?

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) announced its quarterly earnings data on Friday, August, 9th. The auto parts company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.08. American Axle & Manufacturing's revenue for the quarter was up 3.9% on a year-over-year basis.

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.

Who are American Axle & Manufacturing's major shareholders?

Top institutional shareholders of American Axle & Manufacturing include Dimensional Fund Advisors LP (7.03%), Barrow Hanley Mewhinney & Strauss LLC (5.00%), American Century Companies Inc. (2.46%) and LSV Asset Management (1.32%). Insiders that own company stock include Terri M Kemp and David Eugene Barnes.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of American Axle & Manufacturing own?

Based on aggregate information from My MarketBeat watchlists, some other companies that American Axle & Manufacturing investors own include Micron Technology (MU), General Electric (GE), Ford Motor (F), Gilead Sciences (GILD), Broadcom (AVGO), Alibaba Group (BABA) and Freeport-McMoRan (FCX).

This page (NYSE:AXL) was last updated on 9/7/2024 by MarketBeat.com Staff

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