American Axle & Manufacturing Holdings, Inc. (AXL)

NYSE: AXL · IEX Real-Time Price · USD
7.21
+0.02 (0.28%)
Sep 22, 2023, 4:00 PM EDT - Market closed
0.28%
Market Cap 843.99M
Revenue (ttm) 5.99B
Net Income (ttm) 43.30M
Shares Out 117.06M
EPS (ttm) 0.36
PE Ratio 20.03
Forward PE 14.43
Dividend n/a
Ex-Dividend Date n/a
Volume 831,496
Open 7.26
Previous Close 7.19
Day's Range 7.16 - 7.39
52-Week Range 6.61 - 11.19
Beta 2.32
Analysts Hold
Price Target 9.00 (+24.83%)
Earnings Date Nov 3, 2023

About 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 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... [Read more]

Industry Auto Parts
IPO Date Jan 29, 1999
Employees 19,000
Stock Exchange NYSE
Ticker Symbol AXL
Full Company Profile

Financial Performance

In 2022, AXL's revenue was $5.80 billion, an increase of 12.52% compared to the previous year's $5.16 billion. Earnings were $64.30 million, an increase of 989.83%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for AXL stock is "Hold." The 12-month stock price forecast is $9.0, which is an increase of 24.83% from the latest price.

Price Target
$9.0
(24.83% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Provenance Blockchain and Axelar Integrate for Global Access to Real-World Assets

NEW YORK--(BUSINESS WIRE)---- $AXL #DigitalAssets--Provenance Blockchain, the leading decentralized blockchain purpose-built for financial services with over $8 billion in real-world financial asset (...

5 days ago - Business Wire

AAM Named PACEpilot Finalist for Innovative Electric Drive Technology

DETROIT , Sept. 12, 2023 /PRNewswire/ -- American Axle & Manufacturing (AAM), (NYSE: AXL) has been named a 2023 Automotive News PACEpilot Award finalist for its innovative Electric Beam Axle with High...

12 days ago - PRNewsWire

AAM to Present at the RBC Global Industrials Conference and Morgan Stanley's 11th Annual Laguna Conference on September 12 and 13

DETROIT , Sept. 8, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the RBC Capital Markets Global Industrials Conference on September 12 and Mo...

16 days ago - PRNewsWire

AAM to Present at J.P. Morgan Auto Conference Aug. 9, 2023

DETROIT , Aug. 4, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in J.P. Morgan's Auto Conference Aug. 9, 2023.

7 weeks ago - PRNewsWire

AAM Reports Second Quarter 2023 Financial Results

Delivers Strong Cash Flow DETROIT , Aug. 4, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the second quarter 2023.  Seco...

7 weeks ago - PRNewsWire

Forbes Names AAM a "Best Employer for New Graduates" in 2023

Global Tier 1 Supplier Placed in Top Quarter of 300 Best U.S. Employers DETROIT , July 25, 2023 /PRNewswire/ -- Forbes has named American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) one of ...

2 months ago - PRNewsWire

AAM to Announce Second Quarter Financial Results on August 4

DETROIT , July 21, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will hold a conference call to discuss second quarter results and other related matters at 10:00...

2 months ago - PRNewsWire

AAM Named Among Forbes Best Employers for Diversity 2023

Global Tier 1 Supplier Recognized for Diversity Best Practices DETROIT , June 20, 2023 /PRNewswire/ -- Forbes has named American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) one of America's...

3 months ago - PRNewsWire

AAM Names Top Suppliers During 29th Annual Supplier Day

PGI Auto Components Kunshan Co., LTD  awarded top honor DETROIT , June 15, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL), a leading global Tier 1 automotive supp...

3 months ago - PRNewsWire

AAM to Present at Deutsche Bank Global Auto Industry Conference on June 14

DETROIT , June 9, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in Deutsche Bank's Global Auto Industry Conference on June 14.  AAM is scheduled...

3 months ago - PRNewsWire

AAM Sponsors EcoCAR EV Challenge

Global Automotive Supplier helps grow next-gen STEM talent and develop clean mobility solutions DETROIT , May 30, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) i...

4 months ago - PRNewsWire

AAM Invests in EnerTech Global Strategic Mobility Fund

Global Tier 1 Supplier Gains Exclusive Business, Innovation, Technology Access DETROIT , May 5, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL), a leader in drivel...

5 months ago - PRNewsWire

AAM Reports First Quarter 2023 Financial Results

Advancement of New Electrification Business Continues DETROIT , May 5, 2023 /PRNewswire/ --  American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for th...

5 months ago - PRNewsWire

AAM Awarded Contract to Supply e-Beam Axles for a Future Electric Vehicle Program with Stellantis

Featuring AAM's Integrated 3-in-1 e-Drive Technology DETROIT , May 5, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL), a leading global Tier 1 automotive supplier ...

5 months ago - PRNewsWire

AAM to Announce First Quarter Financial Results on May 5

DETROIT , April 24, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will hold a conference call to discuss first quarter results and other related matters at 10:00...

5 months ago - PRNewsWire

AAM to Present at Bank of America's 2023 Global Automotive Summit on April 5

DETROIT , April 3, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in Bank of America's 2023 Global Automotive Summit on April 5. AAM is scheduled...

6 months ago - PRNewsWire

AAM Receives 2022 Overdrive Award from General Motors

DETROIT , March 30, 2023 /PRNewswire/ -- General Motors recognized American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) as an Overdrive award winner as part of GM's 31st annual Supplier of ...

6 months ago - PRNewsWire

AAM Wins Dorian Award for Bottom Line Improvement

Global Tier 1 Supplier Recognized for Using Shainin Problem-Solving Methods DETROIT , March 22, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) has received a Dori...

6 months ago - PRNewsWire

American Axle stock sinks after a surprise fourth-quarter loss

Shares of American Axle & Manufacturing Holdings Inc. AXL, +1.52% sank 8.5% in premarket trading, after the maker of auto driveline systems and components reported a surprise fourth-quarter loss, amid...

7 months ago - Market Watch

AAM Reports Fourth Quarter and Full Year 2022 Financial Results

AAM Concludes 2022 With Strong Cash Flow Delivery DETROIT , Feb. 17, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the f...

7 months ago - PRNewsWire

Forbes Names AAM Among its 500 Best Large Employers in America for Second Consecutive Year

AAM Ranks in Top Four of Automotive Industry DETROIT , Feb. 16, 2023 /PRNewswire/ -- American Axle & Manufacturing (AAM), (NYSE: AXL) is once again on Forbes list of America's Best Large Employers. Th...

7 months ago - PRNewsWire

AAM to Present at Citi's 2023 Global Industrial Tech and Mobility Conference on February 21

DETROIT , Feb. 16, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the Citi's 2023 Global Industrial Tech and Mobility Conference on February 2...

7 months ago - PRNewsWire

AAM Recognized by Newsweek as One of America's Most Responsible Companies for 2023

Leading Tier 1 supplier moves up in rankings on prestigious list DETROIT , Feb. 14, 2023 /PRNewswire/ -- American Axle & Manufacturing (AAM), (NYSE: AXL) has been recognized by Newsweek as one of Amer...

7 months ago - PRNewsWire

AAM to Announce Fourth Quarter and Full Year 2022 Financial Results on February 17

DETROIT , Feb. 10, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will hold a conference call to discuss fourth quarter and full year financial results and other ...

8 months ago - PRNewsWire

AAM To Webcast Technology Day January 4

DETROIT , Jan. 3, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will webcast the management presentation portion of AAM's Technology Day on January 4 at 1:00 p.m...

9 months ago - PRNewsWire