Analysts Are Pretty Bullish … American Axle & Manufacturing (NYSE:AXL)

Earnings results for American Axle & Manufacturing (NYSE:AXL)

American Axle & Manufacturing Holdings, Inc. is expected* to report earnings on 02/12/2021 before market open. The report will be for the fiscal Quarter ending Dec 2020. According to Zacks Investment Research, based on 4 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.3. The reported EPS for the same quarter last year was $0.13.

American Axle & Manufacturing last posted its earnings data on November 4th, 2020. The auto parts company reported $1.15 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.90. The business earned $1.41 billion during the quarter, compared to analysts’ expectations of $1.46 billion. Its quarterly revenue was down 15.7% compared to the same quarter last year. American Axle & Manufacturing has generated $1.62 earnings per share over the last year. American Axle & Manufacturing has confirmed that its next quarterly earnings report will be published on Friday, February 12th, 2021. American Axle & Manufacturing will be holding an earnings conference call on Friday, February 12th. Interested parties can register for or listen to the call using this link.

Analyst Opinion on American Axle & Manufacturing (NYSE:AXL)

8 Wall Street analysts have issued ratings and price targets for American Axle & Manufacturing in the last 12 months. Their average twelve-month price target is $8.00, predicting that the stock has a possible downside of 24.24%. The high price target for AXL is $11.00 and the low price target for AXL is $5.00. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of “Hold.”

American Axle & Manufacturing has received a consensus rating of Hold. The company’s average rating score is 2.25, and is based on 3 buy ratings, 4 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $8.00, American Axle & Manufacturing has a forecasted downside of 24.2% from its current price of $10.56. American Axle & Manufacturing has only been the subject of 4 research reports in the past 90 days.

Dividend Strength: American Axle & Manufacturing (NYSE:AXL)

American Axle & Manufacturing does not currently pay a dividend. American Axle & Manufacturing does not have a long track record of dividend growth.

Insiders buying/selling: American Axle & Manufacturing (NYSE:AXL)

In the past three months, American Axle & Manufacturing insiders have not sold or bought any company stock. Only 1.50% of the stock of American Axle & Manufacturing is held by insiders. 87.29% of the stock of American Axle & Manufacturing is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of American Axle & Manufacturing (NYSE:AXL

Earnings for American Axle & Manufacturing are expected to grow in the coming year, from ($0.09) to $1.00 per share. The P/E ratio of American Axle & Manufacturing is -1.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of American Axle & Manufacturing is -1.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. American Axle & Manufacturing has a PEG Ratio of 1.09. PEG Ratios above 1 indicate that a company could be overvalued. American Axle & Manufacturing has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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