6.76 +0.01 (0.15%)
After hours: 6:01PM EDT
|Bid||6.56 x 3100|
|Ask||6.90 x 2900|
|Day's Range||6.67 - 6.95|
|52 Week Range||6.67 - 19.34|
|Beta (3Y Monthly)||2.21|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 31, 2019 - Nov 4, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||12.50|
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of American Axle & Manufacturing, Inc. New York, August 21, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of American Axle & Manufacturing, Inc. (American Axle) and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Higher manufacturing costs resulting from tariffs, material freight and inflationary pressures, and program launch costs affect American Axle's (AXL) financials.
DETROIT , Aug. 9, 2019 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the 2019 J.P. Morgan Automotive Conference on August 14 . Starting at 8:40 a.m. ...
DETROIT , Aug. 8, 2019 /PRNewswire/ -- Jaguar's first all-electric production vehicle, the I-PACE, features American Axle & Manufacturing's all-wheel-drive front and rear e-Drive units. The e-AAM Hybrid ...
Shares of American Axle & Manufacturing Holdings Inc. tumbled 10.0% in morning trading Friday, after auto driveline maker and metal forming technologies company reported second-quarter earnings that missed expectations and provided a downbeat outlook. The stock has tumbled 17.8% over the past two sessions, and 20.8% amid a 5-day losing streak. Net income fell to $52.5 million, or 45 cents a share, from $151.1 million, or $1.30 a share, in the same period a year ago. Excluding non-recurring items, adjusted EPS fell to 55 cents from $1.23, below the FactSet consensus of 57 cents. Sales declined to $1.70 billion from $1.90 billion to miss the FactSet consensus of $1.78 billion. Chief Executive David Dauch said the softer-than-expected sales witnessed at the end of the quarter is expected to continue in the second half of the year. Given lower metal market pass through and lower production volumes than projected, primarily in China, the company cut its 2019 sales guidance range to $6.9 billion to $7.0 billion from $7.3 billion to $7.4 billion and its outlook for adjusted free cash flow to about $250 million from $350 million to $400 million. The stock tumbled 31% over the past three months while the S&P 500 has gained 0.8%.
American Axle (AXL) delivered earnings and revenue surprises of -6.78% and -5.24%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
American Axle & Manufacturing Holdings, Inc. (NYSE: AXL ) reported second-quarter earnings of 55 cents per share, which missed the analyst consensus estimate of 58 cents by 5.17%. This is a 55.28% decrease ...
DETROIT , Aug. 2, 2019 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the second quarter 2019 and updated its full year financial ...
American Axle & Mfg Hldgs (NYSE: AXL ) announces its next round of earnings this Friday, August 2. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement. Earnings and Revenue ...
American Axle (AXL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
DETROIT , July 26, 2019 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will hold a conference call to discuss second quarter 2019 financial results and other related matters ...
DETROIT, July 19, 2019 /PRNewswire/ -- American Axle & Manufacturing Co-Founder Richard E. "Dick" Dauch has been inducted into the Automotive Hall of Fame. Described as an innovative manufacturing strategist, Dauch was honored for his expansive career which included leadership positions at both the automotive OEM and supplier levels. "Dick Dauch was known for many things - an icon in the industry, a pillar in the community and a leader amongst leaders, but most importantly it was his passion for manufacturing, commitment to customers and his dedication to mentoring and developing his team that made him a legend in Detroit and around the world," said David C. Dauch, AAM Chairman and Chief Executive Officer.
David Dauch has been the CEO of American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) since 2012. This analysis aims...
DETROIT , July 8, 2019 /PRNewswire/ -- American Axle & Manufacturing presented Supplier of the Year Awards to key supplier partners at the company's 25th Annual Supplier Day. Crystal Engineering Services, ...
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With President Trump cracking down on immigration and threatening to slap tariffs on Mexico if they do not oblige, automotive stocks have taken a hit recently, since they would be greatly impacted by the tariffs.
The U.S. auto industry - and investors in auto stocks - have a huge amount at stake as President Trump prepares to impose a first round of tariffs on Mexican imports by this Monday, June 10. The automotive industry is heavily dependent on parts and vehicle imports from Mexico, and investors have much more at risk than their ownership of blue-chip companies like General Motors Co. (GM) and Ford Motor Co. (F).