Upward Trajectory: American Axle & Manufacturing Holdings Inc (AXL) Posts a Slidee, Closing at 6.10

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The closing price of American Axle & Manufacturing Holdings Inc (NYSE: AXL) was $6.10 for the day, down -2.40% from the previous closing price of $6.25. In other words, the price has decreased by -$2.40 from its previous closing price. On the day, 1.24 million shares were traded. AXL stock price reached its highest trading level at $6.185 during the session, while it also had its lowest trading level at $6.035.

Ratios:

Our analysis of AXL’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.79. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.68. In the meantime, Its Debt-to-Equity ratio is 4.65 whereas as Long-Term Debt/Eq ratio is at 4.57.

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 717244096 and an Enterprise Value of 3038544384. As of this moment, American’s Price-to-Earnings (P/E) ratio for their current fiscal year is 924.24, and their Forward P/E ratio for the next fiscal year is 11.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11 while its Price-to-Book (P/B) ratio in mrq is 1.18. Its current Enterprise Value per Revenue stands at 0.486 whereas that against EBITDA is 4.246.

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 -3.59%, while the 200-Day Moving Average is calculated to be -15.35%.

Shares Statistics:

AXL traded an average of 1.51M shares per day over the past three months and 1824850 shares per day over the past ten days. A total of 117.10M shares are outstanding, with a floating share count of 110.63M. Insiders hold about 5.91% of the company’s shares, while institutions hold 93.14% stake in the company. Shares short for AXL as of 1726185600 were 4028881 with a Short Ratio of 2.67, compared to 1723680000 on 3982376. Therefore, it implies a Short% of Shares Outstanding of 4028881 and a Short% of Float of 4.9399999999999995.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 5.48.

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