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The price of American Axle & Manufacturing Holdings Inc (NYSE: AXL) closed at $6.67 in the last session, down -2.91% from day before closing price of $6.87. In other words, the price has decreased by -$2.91 from its previous closing price. On the day, 0.94 million shares were traded. AXL stock price reached its highest trading level at $6.9899 during the session, while it also had its lowest trading level at $6.63.
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 1.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.98. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 1.65. In the meantime, Its Debt-to-Equity ratio is 4.54 whereas as Long-Term Debt/Eq ratio is at 4.43.
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:
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 784265280 and an Enterprise Value of 3061965568. As of this moment, American’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.18, and their Forward P/E ratio for the next fiscal year is 13.83. 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 1.27. Its current Enterprise Value per Revenue stands at 0.493 whereas that against EBITDA is 4.133.
Stock Price History:
Over the past 52 weeks, AXL has reached a high of $8.99, while it has fallen to a 52-week low of $5.43. The 50-Day Moving Average of the stock is 6.47%, while the 200-Day Moving Average is calculated to be -1.54%.
Shares Statistics:
According to the various share statistics, AXL traded on average about 1.63M shares per day over the past 3-months and 1358840 shares per day over the past 10 days. A total of 117.60M shares are outstanding, with a floating share count of 111.64M. Insiders hold about 5.06% of the company’s shares, while institutions hold 93.97% stake in the company. Shares short for AXL as of 1731628800 were 5026353 with a Short Ratio of 3.08, compared to 1728950400 on 4046237. Therefore, it implies a Short% of Shares Outstanding of 5026353 and a Short% of Float of 6.16.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 5.48.
