American Axle Manufacturing Stock Today
| AXL Stock | USD 7.52 0.05 0.67% |
Performance0 of 100
| Odds Of DistressLess than 39
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American Axle is selling for 7.52 as of the 27th of April 2024. This is a 0.67 percent up since the beginning of the trading day. The stock's lowest day price was 7.41. American Axle has about a 39 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for American Axle Manufacturing are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of May 2023 and ending today, the 27th of April 2024. Click here to learn more.
Business Domain Automobiles & Components | IPO Date 29th of January 1999 | Category Consumer Cyclical | Classification Consumer Discretionary |
American Axle Manufacturing Holdings, Inc., together with its subsidiaries, designs, engineers, and manufactures driveline and metal forming technologies that supports electric, hybrid, and internal combustion vehicles in the United States, Mexico, South America, China, other Asian countries, and Europe. The company has 117.54 M outstanding shares of which 2.79 M shares are presently shorted by investors with about 1.02 days to cover. More on American Axle Manufacturing
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American Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. American Axle's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding American Axle or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | David Dauch | ||||
| Thematic Ideas | (View all Themes) | ||||
| Old Names | [Axsesstoday Limited, African Phoenix Investments Limited] | ||||
| Business Concentration | Automotive Parts & Equipment, Automobiles & Components, Consumer Discretionary, NYSE Composite, SP Small-Cap 600, Cars, Automobiles and Trucks, Consumer Discretionary, Automobile Components, Auto Parts, Consumer Cyclical (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering American Axle report their recommendations after researching American Axle's financial statements, talking to executives and customers, or listening in on American Axle's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering American Axle Manufa. The American consensus assessment is calculated by taking the average forecast from all of the analysts covering American Axle. | |||||
American Axle's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to American Axle's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand American Axle's financial leverage. It provides some insight into what part of American Axle's total assets is financed by creditors.
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American Axle Manufacturing (AXL) is traded on New York Stock Exchange in USA. It is located in One Dauch Drive, Detroit, MI, United States, 48211-1198 and employs 19,000 people. American Axle is listed under Automotive Parts & Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 888.6 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate American Axle's market, we take the total number of its shares issued and multiply it by American Axle's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. American Axle Manufa runs under Automobile Components sector within Consumer Discretionary industry. The entity has 117.54 M outstanding shares of which 2.79 M shares are presently shorted by investors with about 1.02 days to cover.
American Axle Manufacturing has about 511.5 M in cash with 396.1 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.14.
Check American Axle Probability Of Bankruptcy
Ownership AllocationAmerican Axle Manufa retains a total of 117.54 Million outstanding shares. The majority of American Axle Manufacturing outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in American Axle Manufa to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in American Axle. Please pay attention to any change in the institutional holdings of American Axle Manufacturing as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check American Ownership Details
American Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of American Axle jumping above the current price in 90 days from now is about 38.75%. The American Axle Manufacturing probability density function shows the probability of American Axle stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon American Axle Manufacturing has a beta of -0.3307. This suggests as returns on the benchmark increase, returns on holding American Axle are expected to decrease at a much lower rate. During a bear market, however, American Axle Manufacturing is likely to outperform the market. Additionally, american Axle Manufacturing has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of American Axle to move above the current price in 90 days from now is about 38.75 (This American Axle Manufacturing probability density function shows the probability of American Stock to fall within a particular range of prices over 90 days) .
American Stock Institutional Holders
Institutional Holdings refers to the ownership stake in American Axle that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of American Axle's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing American Axle's value.| Instituion | Recorded On | Shares | |
| Lsv Asset Management | 2023-12-31 | 2.6 M | |
| Geode Capital Management, Llc | 2023-12-31 | 2.4 M | |
| Amvescap Plc. | 2023-12-31 | 2.4 M | |
| American Century Companies Inc | 2023-12-31 | 2.1 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.7 M | |
| Sequoia Financial Advisors Llc | 2023-12-31 | 1.6 M | |
| Penn Capital Management Company Llc | 2023-12-31 | 1.3 M | |
| Northern Trust Corp | 2023-12-31 | 1.2 M | |
| Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 1.1 M | |
| Blackrock Inc | 2023-12-31 | 19.1 M | |
| Vanguard Group Inc | 2023-12-31 | 14.1 M |
American Axle Historical Income Statement
American Axle Manufacturing Income Statement is one of the three primary financial statements used for reporting American's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of American Axle Manufa revenue and expense. American Axle Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, American Axle's Non Operating Income Net Other is quite stable compared to the past year. Minority Interest is expected to rise to 0.00 this year, although the value of Selling General Administrative will most likely fall to about 271.1 M. View More FundamentalsAmerican Stock Against Markets
Picking the right benchmark for American Axle stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in American Axle stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for American Axle is critical whether you are bullish or bearish towards American Axle Manufacturing at a given time. Please also check how American Axle's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in American Axle without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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American Axle Corporate Directors
American Axle corporate directors refer to members of an American Axle board of directors. The board of directors generally takes responsibility for the American Axle's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of American Axle's board members must vote for the resolution. The American Axle board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| John Smith | Independent Director | Profile | |
| George Thanopoulos | Independent Director | Profile | |
| Richard Lappin | Independent Director | Profile | |
| Larry Switzer | Independent Director | Profile |
How to buy American Stock?
Before investing in American Axle, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in American Axle. To buy American Axle stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of American Axle. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase American Axle stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located American Axle Manufacturing stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased American Axle Manufacturing stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as American Axle Manufacturing, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy American Stock please use our How to Invest in American Axle guide.
Already Invested in American Axle Manufacturing?
The danger of trading American Axle Manufacturing is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of American Axle is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than American Axle. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile American Axle Manufa is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether American Axle Manufa is a strong investment it is important to analyze American Axle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Axle's future performance. For an informed investment choice regarding American Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Axle Manufacturing. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for American Stock analysis
When running American Axle's price analysis, check to measure American Axle's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Axle is operating at the current time. Most of American Axle's value examination focuses on studying past and present price action to predict the probability of American Axle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Axle's price. Additionally, you may evaluate how the addition of American Axle to your portfolios can decrease your overall portfolio volatility.
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Is American Axle's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Axle. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Axle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.65) | Earnings Share (0.29) | Revenue Per Share 52.14 | Quarterly Revenue Growth 0.05 | Return On Assets 0.0198 |
The market value of American Axle Manufa is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Axle's value that differs from its market value or its book value, called intrinsic value, which is American Axle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Axle's market value can be influenced by many factors that don't directly affect American Axle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Axle's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Axle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Axle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.