In today’s recent session, 0.48 million shares of the American Axle & Manufacturing Holdings Inc (NYSE:AXL) have been traded, and its beta is 1.67. Most recently the company’s share price was $4.59, and it changed around $0.04 or 0.99% from the last close, which brings the market valuation of the company to $540.28M. AXL at last check was trading at a discount to its 52-week high of $7.98, offering almost -73.86% off that amount. The share price’s 52-week low was $4.45, which indicates that the recent value has risen by an impressive 3.05% since then.
American Axle & Manufacturing Holdings Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.86. If we narrow it down even further, the data shows that 0 out of 7 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 5 recommended AXL as a Hold, whereas 0 deemed it a Buy, and 1 rated it as Underweight. American Axle & Manufacturing Holdings Inc is expected to report earnings per share of 0.02 for the current quarter.
American Axle & Manufacturing Holdings Inc (NYSE:AXL) trade information
Instantly AXL has been showing a green trend so far today with a performance of 0.99% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 5.30 on recent trading dayincreased the stock’s daily price by 13.4%. The company’s shares are currently down -21.18% year-to-date, but still down -13.14% over the last five days. On the other hand, American Axle & Manufacturing Holdings Inc (NYSE:AXL) is -7.17% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $9, which translates to bulls needing to increase their stock price by 49.0% from its current value. Analyst projections state that AXL is forecast to be at a low of $7 and a high of $12.
American Axle & Manufacturing Holdings Inc (AXL) estimates and forecasts
The year-over-year growth rate is expected to be -3.73%, down from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 1.38B in revenue for the current quarter. 4 analysts expect American Axle & Manufacturing Holdings Inc to make 1.54B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 1.61B and 1.63B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -14.14%. Forecasts for the next quarter put sales growth at -5.83%.
American Axle & Manufacturing Holdings Inc earnings are expected to increase by -2.56% in 2025, but the outlook is positive 17.21% per year for the next five years.
American Axle & Manufacturing Holdings Inc (NYSE:AXL)’s Major holders
VANGUARD GROUP INC, with 12.4984% or 14.65 million shares worth $102.39 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 7.73 shares worth $35.69 million, making up 6.58% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 3.59 shares worth around $16.55 million, which represents about 3.05% of the total shares outstanding.
