American Axle & Manufacturing Holdings, Inc. (AXL)
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]
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 StatementsAnalyst 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.
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 (...

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...

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...

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.

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...

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 ...

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...

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...

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...

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...

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...

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...

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...

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 ...

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...

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...

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 ...

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...

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...

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...

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...

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...

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...

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 ...

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...