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American Axle & Manufacturing Holdings, Inc. (AXL)

NYSE: AXL · IEX Real-Time Price · USD
9.85 0.17 (1.76%)
Dec 8, 2021 4:00 PM EST - Market closed
Market Cap1.12B
Revenue (ttm)5.36B
Net Income (ttm)88.20M
Shares Out114.06M
EPS (ttm)0.75
PE Ratio13.06
Forward PE5.21
Dividendn/a
Ex-Dividend Daten/a
Volume1,028,167
Open9.78
Previous Close9.68
Day's Range9.71 - 9.97
52-Week Range7.28 - 13.06
Beta2.43
AnalystsBuy
Price Target11.88 (+20.6%)
Earnings DateNov 5, 2021

About AXL

American Axle & Manufacturing Holdings, Inc., together with its subsidiaries, designs, engineers, and manufactures driveline and metal forming products in the United States, Mexico, South America, China, other Asian countries, and Europe. The company's 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 ...

IndustryAuto Components
IPO DateJan 29, 1999
Employees20,000
Stock ExchangeNYSE
Ticker SymbolAXL
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for AXL stock is "Buy." The 12-month stock price forecast is 11.88, which is an increase of 20.61% from the latest price.

Price Target
$11.88
(20.61% upside)
Analyst Consensus: Buy

News

AAM to Present at the Credit Suisse Virtual Industrials Conference on December 1

DETROIT, Nov. 23, 2021 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the Credit Suisse Virtual Industrials Conference on December 1. AAM is schedule...

2 weeks ago - PRNewsWire

AAM to Present at the BofA Securities 2021 Leveraged Finance Virtual Conference on November 30

DETROIT, Nov. 23, 2021 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the BofA Securities 2021 Leveraged Finance Virtual Conference on November 30. A...

2 weeks ago - PRNewsWire

AAM to Present at the Barclays Global Automotive and Mobility Tech Conference on November 18

DETROIT, Nov. 15, 2021 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the Barclays Global Automotive and Mobility Tech Conference on November 18, whi...

3 weeks ago - PRNewsWire

American Axle (AXL) Beats on Q3 Earnings & Revenues, Lowers View

American Axle (AXL) reports lower year-over-year adjusted earnings and revenues in third-quarter 2021 amid supply chain challenges.

4 weeks ago - Zacks Investment Research

Auto Roundup: Chip Crunch Crimps Firms' Near-Term Profit Projections

Chip-related headwinds like manufacturing inefficiencies and high raw material costs prompt companies like CMI, BWA, HMC, MGA, AXL and TEN to cut their full-year outlook.

Other symbols:BWACMIFHMCMGATENTM
1 month ago - Zacks Investment Research

American Axle & Manufacturing (AXL) Q3 Earnings and Revenues Beat Estimates

American Axle (AXL) delivered earnings and revenue surprises of 650.00% and 2.84%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

AAM Reports Third Quarter 2021 Financial Results

DETROIT, Nov. 5, 2021 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the third quarter 2021. Third Quarter 2021 Results Sales of...

1 month ago - PRNewsWire

REE Announces Nomination of American Axle to Supply Next Generation 3-in-1 Electric Drive Technology

TEL AVIV, Israel--(BUSINESS WIRE)--REE Automotive Ltd. (NASDAQ: “REE”), a leader in e-mobility, today announced the nomination of American Axle & Manufacturing (AAM) Holdings, Inc. (NYSE: AXL), a leadin...

Other symbols:REE
1 month ago - Business Wire

AAM Secures Business Award for Next Generation 3-in-1 Electric Drive Technology

DETROIT, Nov. 5, 2021 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (NYSE: AXL) today announced it has secured an agreement with e-mobility leader REE Automotive Ltd. (NASDAQ: REE) to sup...

Other symbols:REE
1 month ago - PRNewsWire

AAM's TracRite® Differentials Help New GMC HUMMER EV Conquer the Road

DETROIT, Nov. 5, 2021 /PRNewswire/ -- American Axle & Manufacturing's TracRite® differentials are key in delivering power and performance for the 2022 GMC HUMMER EV. Designed to conquer tough obstacles ...

1 month ago - PRNewsWire

AAM Names Michael J. Lynch President Driveline Business Unit

DETROIT, Nov. 1, 2021 /PRNewswire/ -- American Axle & Manufacturing named Michael J. Lynch President, Driveline – Business, effective today.

1 month ago - PRNewsWire

Analysts Estimate American Axle & Manufacturing (AXL) to Report a Decline in Earnings: What to Look Out for

American Axle (AXL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

AAM to Announce Third Quarter Financial Results on November 5

DETROIT, Oct. 22, 2021 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will hold a conference call to discuss third quarter financial results and other related matters at...

1 month ago - PRNewsWire

New Strong Sell Stocks for October 8th

BWA, AXL, BUD, and LW have been added to the Zacks Rank #5 (Strong Sell) List on October 8, 2021.

Other symbols:BUDBWALW
2 months ago - Zacks Investment Research

American Axle & Manufacturing (AXL) Outpaces Stock Market Gains: What You Should Know

American Axle & Manufacturing (AXL) closed at $8.92 in the latest trading session, marking a +1.25% move from the prior day.

2 months ago - Zacks Investment Research

American Axle & Manufacturing (AXL) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, American Axle & Manufacturing (AXL) closed at $8.69, marking a -0.46% move from the previous day.

2 months ago - Zacks Investment Research

AAM to Present at the RBC Capital Markets Global Industrials Conference on September 9

DETROIT, Sept. 3, 2021 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the RBC Capital Markets Global Industrials Conference on September 9, which wil...

3 months ago - PRNewsWire

American Axle & Manufacturing To Raise $600M Via Debt Offering

American Axle & Manufacturing Holdings Inc (NYSE: AXL) plans to raise $600 million through a public offering of senior notes. The notes will bear interest at a rate to be determined at pricing.

3 months ago - Benzinga

AAM Announces Proposed Senior Notes Offering

DETROIT, Aug. 16, 2021 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (NYSE: AXL) ("Holdings") announced today that its wholly owned subsidiary, American Axle & Manufacturing, Inc. ("AAM")...

3 months ago - PRNewsWire

AAM to Present at the J.P. Morgan Auto Conference on August 12

DETROIT, Aug. 9, 2021 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the J.P. Morgan Auto Conference on August 12, which will be held virtually.

3 months ago - PRNewsWire

American Axle (AXL) Down 4% Since Q2 Earnings & Sales Beat

American Axle (AXL) expects adjusted 2021 EBITDA and FCF in the band of $875-$925 million and $350-$425 million, up from the prior forecast of $850-$925 million and $300-$400 million, respectively.

4 months ago - Zacks Investment Research

AAM Wins Altair Enlighten Award

DETROIT, Aug. 4, 2021 /PRNewswire/ -- American Axle & Manufacturing (NYSE: AXL) is the winner of the 2021 Altair Enlighten Award, the automotive industry's only award dedicated to lightweighting and sus...

4 months ago - PRNewsWire

American Axle & Manufacturing (AXL) is a Top-Ranked Growth Stock: Should You Buy?

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

4 months ago - Zacks Investment Research

American Axle & Manufacturing (AXL) Tops Q2 Earnings and Revenue Estimates

American Axle (AXL) delivered earnings and revenue surprises of 1066.67% and 10.52%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Recap: American Axle & Manufacturing Q2 Earnings

Shares of American Axle & Mfg Hldgs (NYSE:AXL) decreased 0.6% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 116.20% over the past year to $0.2...

4 months ago - Benzinga