American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) Sees the Tape Move -0.11%

Cornelia Mascio
Mag 9, 2017

LSV Asset Management owned 1.84% of American Axle & Manufact. Holdings, Inc. shares while 70 reduced holdings. However, pricing pressure from OEMs and high dependence on GM are concerns. Quarterly estimates for the company have also been declining lately.

If we look at stock performance in last active day trading, we see that stock has moved remains unchanged to end the day at $0.65.

AXL has been the topic of several other research reports.

NUTANIX, INC. (NASDAQ:NTNX) ended its day at $16.29 with the rising stream of 5.57% and its total traded volume was 1.76 million shares less than the average volume. Holdings from a "buy" rating to a "neutral" rating and boosted their target price for the company from $21.00 to $24.00 in a report on Monday, February 13th.

American Axle & Manufacturing Holdings, Inc. RBC Capital Markets maintained it with "Sector Perform" rating and $17 target in Tuesday, February 16 report. Buy rating has been given by 0 analysts to the company stock whereas no analyst given UNDERPERFORM rating to stock and 1 analyst given HOLD rating. Holdings (NYSE:AXL) with a price target of $23.00. Its share price has decline -48.32% in three months and is up 7.24% for the last five trades.

The company's 50-day moving average price is $17.70 and its 200-day moving average price is $18.26. The lowest target is $12 while the high is $26. Holdings (NYSE:AXL) last announced its earnings results on Friday, May 5th.

The company recorded first quarter adjusted earnings of $ 1.03 per share, while analysts from Thomson Reuters expected income of $ 0.88 per share. The company has a Return on Assets (ROA) of 6.90%.

8 analysts on average are expecting the company to report revenue of $1.06 Billion for the current quarter. During the same period in the previous year, the firm posted $0.81 EPS. The company's revenue for the quarter was up 8.2% compared to the same quarter past year. Equities analysts predict that American Axle & Manufact. Holdings to post $3.37 EPS for the current fiscal year and $3.14 EPS for the next fiscal year. Manufacturers Life Insur The has 0% invested in American Axle & Manufact. "Holdings, Inc. (AXL) Receives Overweight Rating from JPMorgan Chase & Co." was originally published by Chaffey Breeze and is the property of of Chaffey Breeze. If you are viewing this report on another site, it was stolen and republished in violation of US & worldwide copyright & trademark law. Dimensional Fund Advisors LP boosted its stake in American Axle & Manufact.

A number of analysts recently issued reports on AXL shares. State of Alaska Department of Revenue raised its stake in shares of American Axle & Manufact. A total of 2.69 million shares exchanged at hands and its average trading volume is standing at 1.48 million shares. UBS Asset Management Americas Inc. now owns 67,386 shares of the auto parts company's stock worth $1,161,000 after buying an additional 3,800 shares during the period.

Pdt Partners Llc increased American Axle & Mfg Hldgs In (AXL) stake by 32.63% reported in 2016Q4 SEC filing. Holdings (NYSE:AXL) has insider ownership of 0.91% and institutional ownership of 98.33%.

According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 3 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell. Tudor Inv Et Al stated it has 43,331 shares or 0.02% of all its holdings. Cornercap Investment Counsel Inc. now owns 37,830 shares of the auto parts company's stock worth $730,000 after buying an additional 355 shares during the period. Bluestein R H & Co. acquired a new position in shares of American Axle & Manufact. Holdings during the fourth quarter valued at about $224,000. Louisiana State Employees Retirement System now owns 31,200 shares of the auto parts company's stock worth $586,000 after buying an additional 500 shares during the period. The legal version of this piece can be viewed at Holdings during the third quarter worth approximately $139,000. Miles Capital Inc. now owns 11,779 shares of the auto parts company's stock worth $227,000 after buying an additional 805 shares during the period.

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