|Bid||10.75 x 2200|
|Ask||10.76 x 2200|
|Day's Range||10.59 - 10.89|
|52 Week Range||10.13 - 19.34|
|Beta (3Y Monthly)||1.84|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 1, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||18.22|
During the event, GM recognized 133 of its best suppliers from 15 countries that have consistently exceeded GM's expectations, created outstanding value or introduced innovations to the company. This is the third year in a row AAM has received the award. "We hold our suppliers to a high bar," said Steve Kiefer, GM senior vice president, Global Purchasing and Supply Chain.
DETROIT, May 10, 2019 /PRNewswire/ -- American Axle & Manufacturing (AAM) will partner with the City of Detroit and community leaders to help revitalize the Campau/Banglatown area as part of the Strategic Neighborhood Fund (SNF) and Affordable Housing Leverage Fund (AHLF), the company announced today. AAM, along with six other companies, has committed $5 million over five years to the SNF and AHLF to help reinvigorate communities throughout Detroit.
Honda's (HMC) fall in operating profit is due to adverse foreign currency effects, and impact of changes in automobile production network and capability on Europe. Toyota's (TM) Q4 earnings miss.
In first-quarter 2019, rise in employment rate and sturdy consumer confidence are likely to boost auto demand. But rising interest rates, auto recall and higher vehicle prices are concerns.
Improved operational performance drives American Axle's (AXL) first-quarter 2019 earnings. However, revenues lag estimates.
American Axle (AXL) delivered earnings and revenue surprises of 2.86% and -1.05%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
Shares of American Axle & Manufacturing Holdings Inc. surged 5.2% in premarket trade Friday, after the auto parts supplier reported a first-quarter profit that beat expectations, although revenue fell a touch shy, and provided an upbeat outlook. Net income declined to $41.7 million, or 36 cents a share, from $89.4 million, or 78 cents a share, in the same period a year ago. Excluding non-recurring items, adjusted earnings per share declined to 36 cents from 98 cents, but was above the FactSet consensus of 34 cents. Sales fell to $1.72 billion from $1.86 billion, just below the FactSet consensus of $1.74 billion. For 2019, the company expects sales of $7.3 billion to $7.4 billion, compared with the FactSet consensus of $7.3 billion. Separately, the company issued a notice of redemption for the remaining $100 million of its 7.75% senior unsecured notes due 2019. The stock has surged 29.3% year to date through Thursday, while the S&P 500 has gained 16.4%.
AAM announces early redemption of $100 million of senior notes DETROIT , May 3, 2019 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results ...
Hedge funds and other investment firms run by legendary investors like Israel Englander, Jeffrey Talpins and Ray Dalio are entrusted to manage billions of dollars of accredited investors' money because they are without peer in the resources they use to identify the best investments for their chosen investment horizon. Moreover, they are more willing to […]
American Axle (AXL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Strong backlog, growing trailer business and increasing market share are likely to drive Meritor's (MTOR) second-quarter fiscal 2019 earnings.
American Axle (AXL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
American Axle & Manufacturing Holdings, Inc. (NYSE:AXL), which is in the auto components business, and is based in United States, saw a double-digit share price rise of over 10% in the past c...
Alphabet Inc's Waymo said on Tuesday it had chosen a factory in Detroit to mass produce self-driving cars, looking to the historical heart of the auto industry to build the vehicles of the future. The company's chief executive, John Krafcik, said in a blog post that Waymo would partner with American Axle & Manufacturing to lease and repurpose an existing Detroit facility that will be operational by mid-2019. Waymo said in January it had chosen Michigan for its first production facility, adding it would receive incentives from the public-private partnership agency, the Michigan Economic Development Corporation, and create up to 400 jobs over time exclusively related to self driving.
In a blog post titled Making Waymos in Motor City, Waymo CEO John Krafcik announced that it will lease and repurpose American Axle's existing Detroit facility to mass-produce the cars, and that the factory will be operational by mid-2019. Waymo said in January it had chosen Michigan for its first production facility, adding it would receive incentives from the public-private partnership agency, the Michigan Economic Development Corporation, and create up to 400 jobs over time exclusively related to self-driving. "Today, we're excited to announce that we've found the perfect facility in Detroit," Krafcik said.
DETROIT , April 18, 2019 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will hold a conference call to discuss first quarter 2019 financial results and other related matters ...
DETROIT , April 12, 2019 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the 2019 Bank of America Merrill Lynch Auto Summit on April 17 . Starting at ...
American Axle (AXL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
American Axle & Manufacturing (AXL) closed the most recent trading day at $14.53, moving -1.22% from the previous trading session.
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