Media stories about American Axle & Manufact. Holdings (NYSE:AXL) have been trending somewhat positive recently, according to AlphaOne Sentiment Analysis. The research firm, a subsidiary of Accern, ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. American Axle & Manufact. Holdings earned a daily sentiment score of 0.10 on AlphaOne’s scale. AlphaOne also assigned news stories about the auto parts company an impact score of 67 out of 100, meaning that recent news coverage is likely to have an impact on the company’s share price in the immediate future.
Here are some of the media headlines that may have impacted Alpha One’s rankings:
- American Axle & Manufact. Holdings, Inc. (AXL) Expected to Post Quarterly Sales of $1.06 Billion (americanbankingnews.com)
- BRIEF-American Securities Partners reports 23.8 pct stake in American Axle & Manufacturing Holdings (reuters.com)
- Can American Axle & Manufacturing Holdings Inc’s (AXL) Debt Pose A Serious Problem For The Company? (simplywall.st)
- Somewhat Critical Press Coverage Somewhat Likely to Impact American Axle & Manufact. Holdings (AXL) Stock Price (americanbankingnews.com)
- $0.91 Earnings Per Share Expected for American Axle & Manufact. Holdings, Inc. (AXL) This Quarter (americanbankingnews.com)
A number of research analysts have issued reports on the stock. Citigroup Inc lowered shares of American Axle & Manufact. Holdings from a “buy” rating to a “neutral” rating and increased their target price for the stock from $21.00 to $24.00 in a research report on Monday, February 13th. They noted that the move was a valuation call. FBR & Co restated an “underperform” rating on shares of American Axle & Manufact. Holdings in a research report on Monday, February 13th. Zacks Investment Research upgraded shares of American Axle & Manufact. Holdings from a “hold” rating to a “strong-buy” rating and set a $24.00 target price on the stock in a research report on Tuesday, February 14th. Finally, KeyCorp lowered shares of American Axle & Manufact. Holdings to an “overweight” rating in a research report on Wednesday, December 28th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. American Axle & Manufact. Holdings has an average rating of “Hold” and an average target price of $20.00.
Shares of American Axle & Manufact. Holdings (NYSE:AXL) traded down 1.74% during trading on Friday, reaching $16.99. 767,721 shares of the company traded hands. The stock has a market capitalization of $1.30 billion, a PE ratio of 5.55 and a beta of 1.37. The firm’s 50-day moving average is $18.56 and its 200-day moving average is $18.30. American Axle & Manufact. Holdings has a 12-month low of $12.61 and a 12-month high of $21.25.
American Axle & Manufact. Holdings (NYSE:AXL) last announced its quarterly earnings results on Friday, February 10th. The auto parts company reported $0.78 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.68 by $0.10. The company earned $946.50 million during the quarter, compared to analyst estimates of $965.42 million. American Axle & Manufact. Holdings had a return on equity of 54.01% and a net margin of 6.10%. The firm’s revenue was down 1.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.81 earnings per share. On average, equities analysts predict that American Axle & Manufact. Holdings will post $3.38 earnings per share for the current fiscal year.
American Axle & Manufact. Holdings Company Profile
American Axle & Manufacturing Holdings, Inc (AAM) manufactures, engineers, designs and validates driveline and drivetrain systems and related components and chassis modules for light trucks, sport utility vehicles, crossover vehicles, passenger cars and commercial vehicles. Its driveline and drivetrain systems include components that transfer power from the transmission and deliver it to the drive wheels.
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