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After finishing at $4.75 in the prior trading day, American Axle & Manufacturing Holdings Inc (NYSE: AXL) closed at $4.55, down -4.21%. In other words, the price has decreased by -$4.21 from its previous closing price. On the day, 3.62 million shares were traded.
Ratios:
Our goal is to gain a better understanding of AXL by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.58. For the most recent quarter (mrq), Quick Ratio is recorded 1.25 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 5.01 whereas as Long-Term Debt/Eq ratio is at 4.87.
On February 28, 2024, UBS Upgraded its rating to Neutral which previously was Sell but kept the price unchanged to $7.
UBS Downgraded its Neutral to Sell on January 17, 2024, whereas the target price for the stock was revised from $8 to $6.50.
Valuation Measures:
As of this moment, American’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.82, and their Forward P/E ratio for the next fiscal year is 7.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09 while its Price-to-Book (P/B) ratio in mrq is 0.95.
Stock Price History:
Over the past 52 weeks, AXL has reached a high of $7.98, while it has fallen to a 52-week low of $4.70. The 50-Day Moving Average of the stock is -17.27%, while the 200-Day Moving Average is calculated to be -28.25%.
Shares Statistics:
A total of 117.60M shares are outstanding, with a floating share count of 108.89M. Insiders hold about 6.28% of the company’s shares, while institutions hold 102.33% stake in the company.
Earnings Estimates
The current assessment of American Axle & Manufacturing Holdings Inc (AXL) involves the perspectives of 4.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $0.16, with high estimates of $0.21 and low estimates of $0.1.
Analysts are recommending an EPS of between $0.63 and $0.35 for the fiscal current year, implying an average EPS of $0.47. EPS for the following year is $0.5, with 3.0 analysts recommending between $0.57 and $0.39.
Revenue Estimates
4 analysts predict $1.38B in revenue for the current quarter. It ranges from a high estimate of $1.4B to a low estimate of $1.34B. As of the current estimate, American Axle & Manufacturing Holdings Inc’s year-ago sales were $1.61BFor the next quarter, 4 analysts are estimating revenue of $1.54B. There is a high estimate of $1.56B for the next quarter, whereas the lowest estimate is $1.51B.
A total of 6 analysts have provided revenue estimates for AXL’s current fiscal year. The highest revenue estimate was $5.94B, while the lowest revenue estimate was $5.83B, resulting in an average revenue estimate of $5.9B. In the same quarter a year ago, actual revenue was $6.12BBased on 4 analysts’ estimates, the company’s revenue will be $5.86B in the next fiscal year. The high estimate is $6B and the low estimate is $5.75B.
