|Bid||6.95 x 900|
|Ask||7.49 x 1000|
|Day's Range||7.06 - 7.31|
|52 Week Range||6.95 - 19.34|
|Beta (3Y Monthly)||2.21|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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.
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 ...
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.
David Dauch has been the CEO of American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) since 2012. This analysis aims...
World-class money managers like Ken Griffin and Barry Rosenstein only invest their wealthy clients' money after undertaking a rigorous examination of any potential stock. They are particularly successful in this regard when it comes to small-cap stocks, which their peerless research gives them a big information advantage on when it comes to judging their worth. […]
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).
American Axle (AXL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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.
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?