American Axle & Manufacturing Holdings, Inc. (NYSE:AXL – Free Report) – Research analysts at Zacks Research boosted their Q2 2025 earnings per share estimates for shares of American Axle & Manufacturing in a report released on Thursday, November 7th. Zacks Research analyst R. Department now anticipates that the auto parts company will post earnings of $0.20 per share for the quarter, up from their previous forecast of $0.18. The consensus estimate for American Axle & Manufacturing’s current full-year earnings is $0.35 per share.
AXL has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $6.00 price objective on shares of American Axle & Manufacturing in a research note on Tuesday, September 10th. Wolfe Research upgraded shares of American Axle & Manufacturing to a “hold” rating in a report on Wednesday, September 4th. Finally, Bank of America boosted their target price on American Axle & Manufacturing from $7.00 to $7.50 and gave the stock an “underperform” rating in a research note on Monday, August 12th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $7.38.
American Axle & Manufacturing Stock Down 0.9 %
Shares of AXL opened at $6.71 on Monday. American Axle & Manufacturing has a 12-month low of $5.43 and a 12-month high of $8.99. The firm has a market cap of $788.96 million, a P/E ratio of 27.96 and a beta of 1.95. The company’s 50-day moving average price is $6.07 and its 200 day moving average price is $6.73. The company has a current ratio of 1.68, a quick ratio of 1.30 and a debt-to-equity ratio of 4.42.
American Axle & Manufacturing (NYSE:AXL – Get Free Report) last released its quarterly earnings data on Friday, November 8th. The auto parts company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.25. American Axle & Manufacturing had a net margin of 0.04% and a return on equity of 3.47%. The firm had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.51 billion. During the same period last year, the business earned ($0.11) earnings per share. American Axle & Manufacturing’s revenue was down 3.0% compared to the same quarter last year.
Hedge Funds Weigh In On American Axle & Manufacturing
A number of hedge funds have recently modified their holdings of the business. nVerses Capital LLC purchased a new position in American Axle & Manufacturing in the second quarter worth $41,000. KBC Group NV grew its stake in American Axle & Manufacturing by 81.3% in the 3rd quarter. KBC Group NV now owns 7,160 shares of the auto parts company’s stock worth $44,000 after acquiring an additional 3,211 shares during the period. Quarry LP increased its stake in American Axle & Manufacturing by 159.2% in the second quarter. Quarry LP now owns 7,899 shares of the auto parts company’s stock valued at $55,000 after purchasing an additional 4,851 shares during the last quarter. Headlands Technologies LLC purchased a new position in shares of American Axle & Manufacturing during the 2nd quarter worth about $75,000. Finally, EntryPoint Capital LLC acquired a new position in shares of American Axle & Manufacturing in the 1st quarter valued at $76,000. 91.41% of the stock is currently owned by hedge funds and other institutional investors.
About American Axle & Manufacturing
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.
Read More
- Five stocks we like better than American Axle & Manufacturing
- Are Penny Stocks a Good Fit for Your Portfolio?
- 2 Chip Stocks Benefitting from OpenAI’s Chip Strategy Expansion
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Monday.com’s Manic Price Pullback Is a Signal to Buy
- There Are Different Types of Stock To Invest In
- 3 “Made in America” Stocks to Benefit From the Trump Presidency
Receive News & Ratings for American Axle & Manufacturing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Axle & Manufacturing and related companies with MarketBeat.com's FREE daily email newsletter.