American Axle & Manufacturing Holdings, Inc. (AXL)
| Market Cap | 1.12B |
| Revenue (ttm) | 5.36B |
| Net Income (ttm) | 88.20M |
| Shares Out | 114.06M |
| EPS (ttm) | 0.75 |
| PE Ratio | 13.06 |
| Forward PE | 5.21 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,028,167 |
| Open | 9.78 |
| Previous Close | 9.68 |
| Day's Range | 9.71 - 9.97 |
| 52-Week Range | 7.28 - 13.06 |
| Beta | 2.43 |
| Analysts | Buy |
| Price Target | 11.88 (+20.6%) |
| Earnings Date | Nov 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 ...
Financial Performance
Financial StatementsAnalyst 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.
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...
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...
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...
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.
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.
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?
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...
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...
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...
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 ...
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.
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.
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...
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.
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.
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.
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...
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.
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")...
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.
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.
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...
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.
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?
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...