Several brokerages have updated their recommendations and price targets on shares of American Axle & Manufacturing Holdings (NYSE: AXL) in the last few weeks:
Shares of American Axle & Manufacturing Holdings Inc. (NYSE:AXL) opened at 15.98 on Monday. American Axle & Manufacturing Holdings Inc. has a 1-year low of $11.44 and a 1-year high of $22.98. The stock has a 50 day moving average of $16.30 and a 200-day moving average of $16.43. The firm has a market capitalization of $1.22 billion, a P/E ratio of 4.87 and a beta of 1.54.
American Axle & Manufacturing Holdings (NYSE:AXL) last released its earnings results on Thursday, November 3rd. The company reported $0.78 EPS for the quarter, topping the Zacks’ consensus estimate of $0.77 by $0.01. The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1.01 billion. American Axle & Manufacturing Holdings had a return on equity of 61.64% and a net margin of 6.48%. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.78 EPS. On average, equities analysts expect that American Axle & Manufacturing Holdings Inc. will post $3.14 earnings per share for the current year.