American Axle (AXL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer. Upgrade to MarketBeat All Access to add more stocks to your watchlist.
Exchange Traded Concepts LLC Acquires Shares in American Axle … – Best Stocks
Exchange Traded Concepts LLC Acquires Shares in American Axle ….
Posted: Tue, 18 Apr 2023 07:00:00 GMT [source]
5 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for American Axle & Manufacturing in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should “hold” AXL shares.
American Axle & Manufacturing Holdings, Inc. (AXL)
“AAM is aware of the media activity regarding the company on Nov. 3,” t… American Axle's (AXL) Q1 delivers lower than expected loss due to higher-than-anticipated sales from the Metal Foaming segment and higher-than-expected adjusted EBITDA in the Driveline segment. Please log in to your account or sign up in order to add this asset to your watchlist.
- According to 6 analysts, the average rating for AXL stock is “Hold.” The 12-month stock price forecast is $10.2, which is an increase of 43.76% from the latest price.
- American Axle & Manufacturing (AXL) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.06.
- A hold rating indicates that analysts believe investors should maintain any existing positions they have in AXL, but not buy additional shares or sell existing shares.
- 136 employees have rated American Axle & Manufacturing Chief Executive Officer David C. Dauch on Glassdoor.com.
Based on an average daily trading volume, of 1,030,000 shares, the short-interest ratio is presently 3.9 days. Approximately 3.6% of the shares of the stock are short sold. American Axle (AXL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.
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The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023. 136 employees have rated American Axle & Manufacturing Chief Executive Officer David C. Dauch on Glassdoor.com. David C. Dauch has an approval rating of 70% among the company's employees. American Axle & Manufacturing's stock was trading at $7.82 at the beginning of 2023. Since then, https://business-oppurtunities.com/do-you-have-time-for-your-internet-marketing/ has decreased by 12.1% and is now trading at $6.87. American Axle & Manufacturing Holdings Inc. (AAM) stock retreated by 12.4% on Friday after the industrial company said it's not on the selling block.
This suggests a possible upside of 48.5% from the stock's current price. View analysts price targets for AXL or view top-rated stocks among Wall Street analysts. AXL, +1.52% sank 8.5% in premarket trading, after the maker of auto driveline systems and components reported a surprise fourth-quarter loss, amid… American Axle & Manufacturing updated its FY 2023 earnings guidance on Sunday, May, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $5.95 billion-$6.25 billion, compared to the consensus revenue estimate of $6.07 billion.
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One share of AXL stock can currently be purchased for approximately $6.87.
NRX Pharmaceuticals Misses Estimated Earnings for Q1 2023 – Best Stocks
NRX Pharmaceuticals Misses Estimated Earnings for Q1 2023.
Posted: Tue, 16 May 2023 11:07:13 GMT [source]
American Axle & Manufacturing's stock is owned by many different institutional and retail investors. American Axle & Manufacturing (AXL) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to earnings of $0.19 per share a year ago. According to 6 analysts, the average rating for AXL stock is “Hold.” The 12-month stock price forecast is $10.2, which is an increase of 43.76% from the latest price. American Axle & Manufacturing saw a increase in short interest in April. As of April 30th, there was short interest totaling 4,000,000 shares, an increase of 15.6% from the April 15th total of 3,460,000 shares.
A hold rating indicates that analysts believe investors should maintain any existing positions they have in AXL, but not buy additional shares or sell existing shares. 5 brokers have issued 1-year target prices for American Axle & Manufacturing's shares. Their AXL share price forecasts range from $8.00 to $13.00. On average, they anticipate the company's share price to reach $10.20 in the next year.