In the latest session, American Axle & Manufacturing Holdings Inc (NYSE: AXL) closed at $6.62 down -1.19% from its previous closing price of $6.70. In other words, the price has decreased by -$0.08 from its previous closing price. On the day, 3244573 shares were traded. AXL stock price reached its highest trading level at $7.07 during the session, while it also had its lowest trading level at $6.61.
Ratios:
For a deeper understanding of American Axle & Manufacturing Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.85. For the most recent quarter (mrq), Quick Ratio is recorded 1.27 and its Current Ratio is at 1.67. In the meantime, Its Debt-to-Equity ratio is 4.93 whereas as Long-Term Debt/Eq ratio is at 4.85.
On January 17, 2024, UBS Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $8 to $6.50.
BofA Securities Downgraded its Neutral to Underperform on November 28, 2023, whereas the target price for the stock was revised from $9 to $8.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 09 when Kemp Terri M. sold 40,000 shares for $8.00 per share. The transaction valued at 320,000 led to the insider holds 216,961 shares of the business.
Barnes David Eugene sold 29,533 shares of AXL for $265,797 on Mar 01. The VP & General Counsel now owns 104,621 shares after completing the transaction at $9.00 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AXL now has a Market Capitalization of 775.01M and an Enterprise Value of 3.14B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.13 while its Price-to-Book (P/B) ratio in mrq is 1.28. Its current Enterprise Value per Revenue stands at 0.52 whereas that against EBITDA is 4.73.
Stock Price History:
Over the past 52 weeks, AXL has reached a high of $9.68, while it has fallen to a 52-week low of $6.29. The 50-Day Moving Average of the stock is 8.10, while the 200-Day Moving Average is calculated to be 7.72.
Shares Statistics:
For the past three months, AXL has traded an average of 1.73M shares per day and 2.23M over the past ten days. A total of 117.10M shares are outstanding, with a floating share count of 111.16M. Insiders hold about 5.05% of the company’s shares, while institutions hold 100.79% stake in the company. Shares short for AXL as of Feb 15, 2024 were 4.95M with a Short Ratio of 2.87, compared to 5.27M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.23% and a Short% of Float of 6.12%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 5.48.
Earnings Estimates
There are 6 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.05 and a low estimate of -$0.04, while EPS last year was -$0.01. The consensus estimate for the next quarter is $0.11, with high estimates of $0.16 and low estimates of $0.07.
Analysts are recommending an EPS of between $0.37 and $0.11 for the fiscal current year, implying an average EPS of $0.26. EPS for the following year is $0.48, with 6 analysts recommending between $1.12 and $0.1.
Revenue Estimates
A total of 4 analysts believe the company’s revenue will be $1.53B this quarter.It ranges from a high estimate of $1.54B to a low estimate of $1.51B. As of the current estimate, American Axle & Manufacturing Holdings Inc’s year-ago sales were $1.49B, an estimated increase of 2.50% from the year-ago figure.
A total of 7 analysts have provided revenue estimates for AXL’s current fiscal year. The highest revenue estimate was $6.23B, while the lowest revenue estimate was $6.06B, resulting in an average revenue estimate of $6.17B. In the same quarter a year ago, actual revenue was $6.08B, up 1.50% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $6.24B in the next fiscal year. The high estimate is $6.32B and the low estimate is $6.13B. The average revenue growth estimate for next year is up 1.10% from the average revenue estimate for this year.
