For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why Investors Should Pay Attention to This Value Stock
Different than growth or momentum investors, value-focused investors are all about finding good stocks at good prices, and discovering which companies are trading under what their true value is before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to help pick out the most attractive and discounted stocks.
American Axle & Manufacturing (AXL)
Detroit-based American Axle & Manufacturing Holdings, Inc. is a leading supplier of driveline and drivetrain systems, modules and components for the light vehicle market. It manufactures Driveline and Metal Forming technologies to support electric, hybrid and internal combustion vehicles. The company operates with around 80 facilities in 17 countries.
AXL boasts a Value Style Score of A and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Shares of American Axle & Manufacturing are trading at a forward earnings multiple of 11.7X, as well as a PEG Ratio of 1.5, a Price/Cash Flow ratio of 1.9X, and a Price/Sales ratio of 0.2X.
A company's earnings performance is important for value investors as well. For fiscal 2022, four analysts revised their earnings estimate higher in the last 60 days for AXL, while the Zacks Consensus Estimate has increased $0.10 to $0.94 per share. AXL also holds an average earnings surprise of 602.1%.
AXL should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.
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American Axle & Manufacturing Holdings, Inc. (AXL) : Free Stock Analysis Report
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