Free Trial

Zacks Research Has Optimistic Outlook of AXL Q2 Earnings

American Axle & Manufacturing logo with Auto/Tires/Trucks background

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL - Free Report) - Research analysts at Zacks Research upped their Q2 2025 EPS estimates for shares of American Axle & Manufacturing in a research note issued to investors on Thursday, November 7th. Zacks Research analyst R. Department now anticipates that the auto parts company will earn $0.20 per share for the quarter, up from their previous estimate of $0.18. The consensus estimate for American Axle & Manufacturing's current full-year earnings is $0.35 per share.

AXL has been the subject of several other research reports. Bank of America raised their price target on shares of American Axle & Manufacturing from $7.00 to $7.50 and gave the stock an "underperform" rating in a research note on Monday, August 12th. Wolfe Research raised American Axle & Manufacturing to a "hold" rating in a research report on Wednesday, September 4th. Finally, Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a $6.00 target price on shares of American Axle & Manufacturing in a report on Tuesday, September 10th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat.com, American Axle & Manufacturing has an average rating of "Hold" and a consensus price target of $7.38.

View Our Latest Analysis on AXL

American Axle & Manufacturing Stock Down 1.3 %

NYSE AXL traded down $0.09 on Monday, reaching $6.68. The company had a trading volume of 870,301 shares, compared to its average volume of 1,575,313. American Axle & Manufacturing has a 52-week low of $5.43 and a 52-week high of $8.99. The stock has a market capitalization of $785.43 million, a P/E ratio of 677.68 and a beta of 1.95. The company's fifty day moving average is $6.07 and its 200 day moving average is $6.73. The company has a quick ratio of 1.30, a current ratio of 1.68 and a debt-to-equity ratio of 4.42.

American Axle & Manufacturing (NYSE:AXL - Get Free Report) last issued its earnings results on Friday, November 8th. The auto parts company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.19. American Axle & Manufacturing had a net margin of 0.04% and a return on equity of 3.47%. The business had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.51 billion. American Axle & Manufacturing's revenue was down 3.0% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.11) earnings per share.

Institutional Trading of American Axle & Manufacturing

Several large investors have recently bought and sold shares of the company. nVerses Capital LLC purchased a new position in American Axle & Manufacturing during the 2nd quarter valued at about $41,000. KBC Group NV grew its stake in shares of American Axle & Manufacturing by 81.3% in the 3rd quarter. KBC Group NV now owns 7,160 shares of the auto parts company's stock worth $44,000 after buying an additional 3,211 shares during the last quarter. Quarry LP increased its position in American Axle & Manufacturing by 159.2% during the 2nd quarter. Quarry LP now owns 7,899 shares of the auto parts company's stock valued at $55,000 after buying an additional 4,851 shares in the last quarter. EntryPoint Capital LLC purchased a new position in American Axle & Manufacturing during the first quarter valued at $76,000. Finally, Headlands Technologies LLC bought a new stake in American Axle & Manufacturing in the second quarter worth $75,000. 91.41% of the stock is owned by institutional investors.

American Axle & Manufacturing Company Profile

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for American Axle & Manufacturing (NYSE:AXL)

Should you invest $1,000 in American Axle & Manufacturing right now?

Before you consider American Axle & Manufacturing, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and American Axle & Manufacturing wasn't on the list.

While American Axle & Manufacturing currently has a "Reduce" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why Whitestone REIT is Outperforming in 2024: 35% Growth & Monthly Dividends
Why SoundHound Stock Dip Could Mean Big Gains for 2025 Investors
Nintendo Stock: Buy Before the 2025 Switch Platform Hits!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines