Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
American Axle & Manufacturing Holdings Inc Market Cap
The American Axle & Manufacturing Holdings Inc (AXL) share price is expected to increase by 22.46% over the next year. This is based on calculating the average 12-month share price estimate provided by 12 stock analysts who have covered AXL. Price targets range from $6 at the low end to $10 at the high end. The current analyst consensus for AXL is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
American Axle & Manufacturing Holdings Inc has a total of 12 Wall St Analyst ratings. There are 5 buy ratings, 4 ratings, and 3 sell ratings. Since most analysts have a buy consensus rating, the expectation is that American Axle & Manufacturing Holdings Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of AXL.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Edison Yu Deutsche Bank | Hold | $6 | Reinstates | Sep 10, 2024 |
| John Murphy B of A Securities | Underperform | $7.5 | Maintains | Aug 12, 2024 |
| John Murphy B of A Securities | Underperform | $8 | Maintains | Jul 22, 2024 |
| Joseph Spak UBS | Neutral | $8 | Maintains | May 6, 2024 |
| Itay Michaeli Citigroup | Neutral | $8 | Maintains | May 6, 2024 |
| Joseph Spak UBS | Neutral | $7 | Upgrade | Feb 28, 2024 |
| Joseph Spak UBS | Sell | $6.5 | Downgrade | Jan 17, 2024 |
| John Murphy B of A Securities | Underperform | $8 | Downgrade | Nov 28, 2023 |
| Tom Narayan RBC Capital | Sector Perform | $6 | Maintains | Nov 6, 2023 |
| Itay Michaeli Citigroup | Neutral | $7.5 | Maintains | Oct 11, 2023 |
| Joseph Spak UBS | Neutral | $8 | Maintains | Oct 10, 2023 |
| Armintas Sinkevicius Morgan Stanley | Overweight | $10 | Maintains | Sep 28, 2023 |
| Joseph Spak UBS | Neutral | $9 | Initiates | Sep 13, 2023 |
| Itay Michaeli Citigroup | Neutral | $9 | Maintains | Jul 18, 2023 |
| Joseph Spak RBC Capital | Sector Perform | $8 | Reiterates | May 18, 2023 |
| Itay Michaeli Citigroup | Neutral | $8 | Maintains | May 16, 2023 |
| Itay Michaeli Citigroup | Neutral | $9 | Maintains | Mar 14, 2023 |
| Dan Levy Barclays | Equal-Weight | $9 | Maintains | Feb 22, 2023 |
| Dan Levy Barclays | Equal-Weight | $10 | Initiates | Feb 15, 2023 |
| Itay Michaeli Citigroup | Neutral | $10 | Maintains | Jan 13, 2023 |
When did it IPO
1999
Staff Count
19,000
Country
United States
Sector/Industry
Consumer Cyclical/Auto Parts
CEO
Mr. David Charles Dauch
Market Cap
$710.2M
In 2023, AXL generated $6.08B in revenue, which was a increase of 4.78% from the previous year. This can be seen as a signal that AXL's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Fri, 04 Oct 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - American Axle (AXL) shows a strong earnings surprise history and has favorable conditions for a potential earnings beat in its upcoming quarterly report.
Why It Matters - American Axle's strong earnings surprise history and favorable indicators suggest potential for a positive earnings report, which could boost investor confidence and stock performance.
Thu, 05 Sep 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - American Axle & Manufacturing Holdings, Inc. (AAM) will participate in Morgan Stanley's 12th Annual Laguna Conference on September 12, 2024.
Why It Matters - AAM's participation in a major investment conference signals potential insights into its strategy and performance, impacting investor sentiment and stock valuation.
Thu, 22 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - AXL, QFIN, and DKL are listed as Zacks Rank #1 (Strong Buy) income stocks as of August 22, 2024.
Why It Matters - AXL, QFIN, and DKL being ranked as Strong Buy indicates strong earnings potential, suggesting likely price appreciation and reliable income, appealing to growth and income-focused investors.
Fri, 16 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - American Axle (AXL) reported stronger-than-expected Q2 results and projects 2024 revenues between $6.10-$6.30 billion, slightly revised from the prior estimate of $6.05-$6.35 billion.
Why It Matters - American Axle's better-than-expected Q2 results and revised revenue guidance indicate strong performance, potentially boosting investor confidence and impacting stock prices positively.
Mon, 12 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - American Axle (AXL) relies on international revenue, which impacts its financial stability and growth potential, influencing stock price performance.
Why It Matters - American Axle's reliance on international revenue impacts its financial stability and growth, exposing it to global market fluctuations, currency risks, and geopolitical events, affecting stock performance.
Fri, 09 Aug 2024
Sentiment - POSITIVE
Source - Market Watch
Summary - American Axle & Manufacturing's stock rose 8% after Q2 results showed net income of $18.2 million (15 cents/share), up from $8 million (7 cents/share) year-over-year.
Why It Matters - American Axle's significant earnings beat and 8% stock surge indicate strong operational performance, potentially attracting more investor interest and boosting market confidence.
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