Get Premium Data for Cyber Monday: Up to 55% Off InvestingProCLAIM SALE

American Axle & Manufacturing (AXL)

NYSE
Currency in USD
6.63
-0.04(-0.60%)
Closed
After Hours
6.630.00(0.00%)
AXL Scorecard
Full Analysis
High shareholder yield
Fair Value
Day's Range
6.586.79
52 wk Range
5.438.99
Key Statistics
Edit
Prev. Close
6.67
Open
6.79
Day's Range
6.58-6.79
52 wk Range
5.43-8.99
Volume
1.23M
Average Volume (3m)
1.61M
1-Year Change
-12.65%
Book Value / Share
unlockUnlock
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
AXL Scorecardpro icon
Company’s Health
pro lockUnlock
Fair Value
pro lockUnlock Price
Fair Pricepro lock
Upsidepro lock
Price Target
7.69
Upside
+15.99%
Members' Sentiments
Bearish
Bullish
ProTips
Net income is expected to grow this year
Show more

American Axle & Manufacturing Company Profile

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 two segments, 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 vehicles, passenger cars, and commercial vehicles. The Metal Forming segment provides range of products, such as engine, transmission, driveline, and safety-critical components for traditional internal combustion engine and electric vehicle architectures, including light vehicles, commercial vehicles, and off-highway vehicles, as well as products for industrial markets. It operates in North America, Asia, Europe, and South America. American Axle & Manufacturing Holdings, Inc. was founded in 1994 and is headquartered in Detroit, Michigan.

American Axle & Manufacturing SWOT Analysis


EV Transition Impact
Explore AXL's strategic positioning in the evolving automotive landscape, balancing traditional strengths with the need for innovation in electric vehicle technologies
Financial Resilience
Delve into AXL's impressive Q2 performance, outpacing industry peers and prompting upward revisions in analyst estimates for fiscal years 2024 and 2025
Operational Challenges
Uncover the complexities AXL faces, including higher costs from OEM launches and the delicate balance between debt reduction and investment in future growth
Market Outlook
Analyst price targets range from $6 to $8, reflecting a cautious yet optimistic stance on AXL's ability to navigate industry transformation and leverage its competitive edge
Read full SWOT analysis
AXL Full Pro Research
Institutional-Grade Stock Analysis
Understand how AXL earns money
Financial health at a glance
Bearish and bullish outlooks
Latest expert insights
Actionable Pro Tips, and many more...
Gain access to 1400+ in-depth research reports on the most popular US stocks

American Axle & Manufacturing Earnings Call Summary for Q2/2024

  • Q1 sales: $1.61B, adj. EPS: $0.18, slight loss of $0.01/share; adj. EBITDA: $206M (12.8% of sales)
  • 2024 guidance unchanged: sales $6.05B-$6.35B, adj. EBITDA $685M-$750M; focus on debt reduction, $1.4B liquidity
  • New EV partnerships in China/Europe; cautious on H2 due to program launches and potential forecast changes
  • Restructuring to save $15-25M, improve margins; CapEx aimed at 4-5% of sales, supporting EV growth
  • Negative adj. free cash flow of -$21M in Q1; plans to manage CapEx for growth and potential acquisitions
Last Updated: 04/05/2024, 07:36 am
Read Full Transcript

Compare AXL to Peers and Sector

Metrics to compare
AXL
Peers
Sector
Relationship
P/E Ratio
27.9x7.4x10.8x
PEG Ratio
0.010.030.02
Price/Book
1.3x1.1x1.4x
Price / LTM Sales
0.1x0.6x0.9x
Upside (Analyst Target)
12.3%28.7%20.1%
Fair Value Upside
Unlock33.5%6.4%Unlock

Analysts' Recommendations

2 Buy
6 Hold
1 Sell
Ratings:
8 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 7.69

(+15.95% Upside)

People Also Watch

214.37
IBP
+0.44%
4.10
GTN
-1.44%
44.72
LZB
-0.25%
53.04
BKE
+0.93%

FAQ

What Is the American Axle&Manufacturing (AXL) Stock Price Today?

The American Axle&Manufacturing stock price today is 6.63

What Stock Exchange Does American Axle&Manufacturing Trade On?

American Axle&Manufacturing is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for American Axle&Manufacturing?

The stock symbol for American Axle&Manufacturing is "AXL."

What Is the American Axle&Manufacturing Market Cap?

As of today, American Axle&Manufacturing market cap is 779.56M.

What is American Axle&Manufacturing Earnings Per Share?

The American Axle&Manufacturing EPS is 0.238.

What Is the Next American Axle&Manufacturing Earnings Date?

American Axle&Manufacturing will release its next earnings report on 13 Feb 2025.

From a Technical Analysis Perspective, Is AXL a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Buy.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.