American Axle & Manufact. (NYSE:AXL) is scheduled to be releasing its earnings data before the market opens on Friday, February 15th. Analysts expect American Axle & Manufact. to post earnings of $0.43 per share for the quarter.
AXL opened at $14.45 on Thursday. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.31 and a current ratio of 1.63. American Axle & Manufact. has a 52-week low of $10.13 and a 52-week high of $19.34. The company has a market cap of $1.60 billion, a PE ratio of 3.85, a price-to-earnings-growth ratio of 0.55 and a beta of 1.65.
Several research firms have recently issued reports on AXL. ValuEngine raised American Axle & Manufact. from a “strong sell” rating to a “sell” rating in a research note on Saturday, February 2nd. TheStreet cut American Axle & Manufact. from a “b-” rating to a “c+” rating in a research note on Monday, October 29th. Morgan Stanley set a $19.00 target price on American Axle & Manufact. and gave the company a “buy” rating in a research note on Tuesday, January 29th. Zacks Investment Research raised American Axle & Manufact. from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a research note on Tuesday, January 15th. Finally, Barclays set a $15.00 price target on American Axle & Manufact. and gave the stock a “buy” rating in a research note on Monday, November 5th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $16.50.
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American Axle & Manufacturing Holdings, Inc, together with its subsidiaries, designs, engineers, validates, and manufactures driveline, metal forming, powertrain, and casting products. The company's Driveline segment offers axles, driveshafts, power transfer units, rear drive modules, transfer cases, and electric and hybrid driveline products and systems for light trucks, sport utility vehicles, crossover vehicles, passenger cars, and commercial vehicles.
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