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American Axle & Manufacturing Holdings, Inc. (AXL)

NYSE - NYSE Delayed Price. Currency in USD
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7.53-0.40 (-5.04%)
At close: 04:00PM EDT
7.41 -0.12 (-1.59%)
After hours: 04:15PM EDT
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  • T
    T
    Nice pop after hours. Over 600k shares traded.
  • b
    bobp
    Gm might buy back AXL.
    With the expansion into EV and hybrid, auto companies need more manufacturing capacity and AXL is very capable to do many things.
  • M
    Mark
    Buyout is coming
  • M
    Mark
    Didn't axl dudes come out and say no buyout?
  • U
    Unknown Soldier
    Next leg up is 8.52
    Bullish
  • j
    john
    5B ttm revenue, 3B debt .5B cash. At p/s of 3 the company is worth about 11.5 B.
  • U
    UpTabDownTab
    Well, I applaud the company for their Sunday evening PR. I had hoped for a buyout but this management team is doing a great job running the company so in the long run shareholders will make much more if the company is not sold.
  • M
    Mark
    this has been a nice return since loading up at the 6.50 area with 5k shares. i unloaded before earnings at 7.10 see how the mkt reacts to earnings to get back in.
  • D
    Dragon$layer
    This could go higher, but I don't see a buyout happening. Its just rumor and speculation.
  • M
    Mark
    52 week low. No one is buying axles anymore. Too expensive.
  • j
    john
    To sell at sp of 70 the stock have to be at least $50. So we will wait until 50. Than they will consider the bids.
  • C
    C. Ray
    Well they beat their quarterly expectations but I still want invest in them with interest rates moving up and EV data showing poor performance out of batteries.
  • C
    C. Ray
    Going to test 52 week low? EV doing really well I see. Let’s go Brandon
  • C
    C. Ray
    AXL is down 32% in a year. Their might be a problem?
  • C
    C. Ray
    Interest rates going up and AXL going down waiting on the fake chip shortage as Samsung builds a 10 billion dollar chip plant in Texas.
  • M
    Mark
    Everyone needs axles I have a axle in every room in my house, spares in the closet. Axles for tractors, trains, everything. This is just too cheap here. Axles for military equipment for the Ukraine Russia war. They are fighting over axles
  • M
    Mark
    Back in the axl with 5k shares at this price. They could be a takeover target at this price.
  • b
    bobp
    Bank of America updated guidance for AXL on Friday. Maintains buy rating and $13 price target
    Bullish
  • b
    bobp
    It's good to see that AXL stock is no longer paying any attention to:

    Barclays recent underweight rating on 5/10 with a $7 dollar price target.

    Morgan Stanley (Adam Jonas) downgrade to underweight on 3/30 with an $8. dollar price target.

    AXL is a primary supplier to GM, and we should expect that GM will award new component business related to EV, no matter what Adam Jonas thinks!
    Bullish
  • b
    bobp
    There is a bit of a game going on with an effort to push pricing lower. The asking price is being undercut by
    lower priced spot orders, all of very low volume, As if a market maker has two accounts, one for selling and one for buying.
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