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The price of American Axle & Manufacturing Holdings Inc (NYSE: AXL) closed at $6.67 in the last session, down -4.58% from day before closing price of $6.99. In other words, the price has decreased by -$4.58 from its previous closing price. On the day, 1.51 million shares were traded. AXL stock price reached its highest trading level at $6.95 during the session, while it also had its lowest trading level at $6.66.
Ratios:
We take a closer look at AXL’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.22. For the most recent quarter (mrq), Quick Ratio is recorded 1.31 and its Current Ratio is at 1.69. In the meantime, Its Debt-to-Equity ratio is 4.62 whereas as Long-Term Debt/Eq ratio is at 4.55.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 09 ’23 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.
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 784078528 and an Enterprise Value of 3195678720. 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 1.26. Its current Enterprise Value per Revenue stands at 0.516 whereas that against EBITDA is 4.629.
Stock Price History:
Over the past 52 weeks, AXL has reached a high of $9.55, while it has fallen to a 52-week low of $6.29. The 50-Day Moving Average of the stock is -10.02%, while the 200-Day Moving Average is calculated to be -10.13%.
Shares Statistics:
According to the various share statistics, AXL traded on average about 1.24M shares per day over the past 3-months and 1484810 shares per day over the past 10 days. A total of 117.10M shares are outstanding, with a floating share count of 110.60M. Insiders hold about 5.91% of the company’s shares, while institutions hold 93.33% stake in the company. Shares short for AXL as of 1718323200 were 3438176 with a Short Ratio of 2.78, compared to 1715731200 on 3125289. Therefore, it implies a Short% of Shares Outstanding of 3438176 and a Short% of Float of 4.22.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 5.48.
