American Axle & Manufacturing Holdings, Inc. (AXL)

NYSE - NYSE Delayed Price. Currency in USD

Add to watchlist

Visitors trend2W10W9M

7.53

-0.40

(-5.04%)

At close: 04:00PM EDT

7.41

-0.12

(-1.59%)

After hours:

04:15PM EDT

Advertisement

T
Nice pop after hours. Over 600k shares traded.
b
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
Buyout is coming
M
Didn't axl dudes come out and say no buyout?
U
Next leg up is 8.52
Bullish
j
5B ttm revenue, 3B debt .5B cash. At p/s of 3 the company is worth about 11.5 B.
U
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
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
This could go higher, but I don't see a buyout happening. Its just rumor and speculation.
M
52 week low. No one is buying axles anymore. Too expensive.
j
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
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
Going to test 52 week low? EV doing really well I see. Let’s go Brandon
C
AXL is down 32% in a year. Their might be a problem?
C
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
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
Back in the axl with 5k shares at this price. They could be a takeover target at this price.
b
Bank of America updated guidance for AXL on Friday. Maintains buy rating and $13 price target
Bullish
b
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
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.