American Axle & Manufacturing Holdings, Inc. (AXL)

NYSE: AXL · IEX Real-Time Price · USD
6.83
-0.60 (-8.08%)
Sep 30, 2022 4:00 PM EDT - Market closed
-8.08%
Market Cap 782.38M
Revenue (ttm) 5.32B
Net Income (ttm) -24.80M
Shares Out 114.55M
EPS (ttm) -0.27
PE Ratio n/a
Forward PE 3.97
Dividend n/a
Ex-Dividend Date n/a
Volume 1,379,799
Open 6.96
Previous Close 7.43
Day's Range 6.81 - 7.07
52-Week Range 6.36 - 11.96
Beta 2.04
Analysts Buy
Price Target 10.41 (+52.4%)
Earnings Date Nov 3, 2022

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 in the United States, Mexico, South America, China, other Asian countries, and Europe. 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 hyb... [Read more...]

Industry Auto Components
IPO Date Jan 29, 1999
Employees 18,000
Stock Exchange NYSE
Ticker Symbol AXL
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for AXL stock is "Buy." The 12-month stock price forecast is 10.41, which is an increase of 52.42% from the latest price.

Price Target
$10.41
(52.42% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Axelar Partners with Mysten Labs to Bring General Message Passing to Sui Blockchain

NEW YORK--(BUSINESS WIRE)--Axelar, the proof-of-stake blockchain that connects Web3 ecosystems like Avalanche, Osmosis and Polkadot, is partnering with leading infrastructure company Mysten Labs, which ...

5 days ago - Business Wire

Here's Why American Axle & Manufacturing (AXL) is a Strong Growth Stock

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.

1 week ago - Zacks Investment Research

AAM Recognized with Three PACE Awards for Innovative EV Technology

DETROIT , Sept. 20, 2022 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) was honored with three Automotive News PACE awards, the automotive industry's most prestigious aw...

1 week ago - PRNewsWire

AAM to Present at the RBC Global Industrials Conference and Morgan Stanley's 10th Annual Laguna Conference on Septemb...

DETROIT , Sept. 9, 2022 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the RBC Capital Markets Global Industrials Conference on September 13 and Morg...

3 weeks ago - PRNewsWire

Why American Axle & Manufacturing (AXL) is a Top Growth Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

1 month ago - Zacks Investment Research

American Axle (AXL) Q2 Earnings & Revenues Beat Estimates

American Axle (AXL) registers a decline in its bottom line while its top line increases year over year. It revises FY'22 view.

1 month ago - Zacks Investment Research

American Axle & Manufacturing (AXL) Q2 Earnings and Revenues Beat Estimates

American Axle (AXL) delivered earnings and revenue surprises of 83.33% and 4.72%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

AAM to Present at J.P. Morgan Auto Conference on August 10

DETROIT, Aug. 5, 2022 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in J.P. Morgan's Auto Conference on August 10.

1 month ago - PRNewsWire

AAM Reports Second Quarter 2022 Financial Results

AAM Delivers Solid Financial Results and Cash Flow Generation DETROIT , Aug. 5, 2022 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results ...

1 month ago - PRNewsWire

Earnings Preview: American Axle & Manufacturing (AXL) Q2 Earnings Expected to Decline

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.

2 months ago - Zacks Investment Research

AAM to Announce Second Quarter Financial Results on August 5

DETROIT , July 22, 2022 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will hold a conference call to discuss second quarter and other related matters at 10:00 a.m. ET o...

2 months ago - PRNewsWire

Looking for a Fast-paced Momentum Stock at a Bargain? Consider American Axle (AXL)

American Axle (AXL) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that...

2 months ago - Zacks Investment Research

Beat Market Volatility With These 5 High Earnings Yield Bets

Firms with higher earnings yield are considered underpriced. Consider investing in high earnings yield stocks like CBT, AXL, BP, HAL and CR to reap rewards.

Other symbols: BPCBTCRHAL
2 months ago - Zacks Investment Research

Is American Axle & Manufacturing Holdings (AXL) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

2 months ago - Zacks Investment Research

New Strong Buy Stocks for July 12th

LBRT, BLDR, AXL, CVLG, and DLNG have been added to the Zacks Rank #1 (Strong Buy) List on July 12, 2022.

Other symbols: BLDRCVLGDLNGLBRT
2 months ago - Zacks Investment Research

U.S. Supreme Court rejects American Axle case on patent eligibility

WASHINGTON (Reuters) -The U.S. Supreme Court on Thursday declined to hear American Axle & Manufacturing Inc's bid to revive its patent on technology for quieting driveshaft noise, turning away a case th...

3 months ago - Reuters

5 Stocks to Seek Refuge in Amid Current Market Bloodbath

For significant returns, investors should keep broker-friendly stocks like American Airlines (AAL), PBF Energy (PBF), McKesson Corporation (MCK), Commercial Metals (CMC) and American Axle (AXL) on their...

Other symbols: AALCMCMCKPBF
3 months ago - Zacks Investment Research

AAM Electric Drive Unit Powers Mercedes-AMG GT 63 S E PERFORMANCE

DETROIT , June 14, 2022 /PRNewswire/ -- American Axle & Manufacturing's (NYSE: AXL) electric driveline technology powers AMG's first plug-in hybrid electric (PHEV) model, the Mercedes-AMG GT 63 S E PERF...

3 months ago - PRNewsWire

AAM to Present at Deutsche Bank Global Auto Industry Conference on June 15

DETROIT , June 10, 2022 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in Deutsche Bank's Global Auto Industry Conference on June 15. AAM is scheduled t...

3 months ago - PRNewsWire

5 Small-Cap S&P Stocks To Buy With The Most Upside

The S&P 500 is one of the most popular U.S. stock indices and is often what investors and experts are referring to when they mention the "stock market." However, there's more to the market than large-ca...

Other symbols: CYHRGNXTGITREE
4 months ago - Benzinga

AAM Statement on Company Sale Speculation

DETROIT , May 22, 2022 /PRNewswire/ -- AAM is aware of the media activity regarding the company that began on Friday, May 20.  While our long-standing policy is to not publicly comment on market rumors ...

4 months ago - PRNewsWire

American Axle (AXL) Q1 Earnings Top Estimates, Revenues Down Y/Y

American Axle's (AXL) earnings and sales witness a year-over-year fall in first-quarter 2022.

4 months ago - Zacks Investment Research

American Axle Q1 Earnings Beat Estimates; Trims FY22 Outlook Amid Supply Chain Volatility

American Axle & Manufacturing Holdings Inc (NYSE: AXL) reported first-quarter FY22 sales growth of nearly 1% year-on-year to $1.44 billion, beating the consensus of $1.35 billion. The company noted the ...

4 months ago - Benzinga

American Axle & Manufacturing (AXL) Tops Q1 Earnings and Revenue Estimates

American Axle (AXL) delivered earnings and revenue surprises of 2,000% and 8.07%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

AAM Reports First Quarter 2022 Financial Results

AAM Continues To Deliver Adjusted Free Cash Flow DETROIT , May 6, 2022 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the first ...

4 months ago - PRNewsWire