American Axle & Manufacturing (AXL) to Release Quarterly Earnings on Friday

American Axle & Manufacturing (NYSE:AXL) is expected to be issuing its quarterly earnings data before the market opens on Friday, February 14th. Analysts expect the company to announce earnings of ($0.06) per share and revenue of $1.39 billion for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

American Axle & Manufacturing Trading Down 2.9 %

NYSE:AXL opened at $4.73 on Thursday. American Axle & Manufacturing has a 1-year low of $4.70 and a 1-year high of $8.98. The firm has a market capitalization of $556.15 million, a price-to-earnings ratio of 19.71 and a beta of 1.94. The company has a quick ratio of 1.29, a current ratio of 1.65 and a debt-to-equity ratio of 4.28. The stock has a fifty day simple moving average of $5.84 and a 200 day simple moving average of $6.12.

Analysts Set New Price Targets

Separately, Barclays decreased their price objective on American Axle & Manufacturing from $8.00 to $7.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 22nd. One analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $7.30.

About American Axle & Manufacturing

American Axle & Manufacturing Holdings, Inc engages in the manufacture, engineering, design, and validation of driveline systems and related components. It operates through the Driveline and Metal Forming segments. The Driveline segment consists of axles, drive shafts, power transfer units, rear drive modules, and electric and hybrid driveline products and systems for light trucks, service utility vehicles, crossover vehicles, passenger cars, and commercial vehicles.