American Axle Manufacturing Stock Today
| AXL Stock | USD 6.26 0.16 2.62% |
Performance0 of 100
| Odds Of DistressLess than 32
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American Axle is selling for 6.26 as of the 5th of October 2024. This is a 2.62 percent increase since the beginning of the trading day. The stock's lowest day price was 6.12. American Axle has about a 32 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 6th of August 2024 and ending today, the 5th of October 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 117.58 M outstanding shares of which 4.03 M shares are presently shorted by investors with about 2.77 days to cover. More on American Axle Manufacturing
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ESG Sustainability
Environmental | Governance | Social |
| 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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsAmerican Axle can leverage 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 736.06 M. American Axle Manufa runs under Automobile Components sector within Consumer Discretionary industry. The entity has 117.58 M outstanding shares of which 4.03 M shares are presently shorted by investors with about 2.77 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.
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Ownership AllocationAmerican Axle holds a total of 117.58 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. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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American Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Medina Singh Partners, Llc | 2024-06-30 | 2.2 M | |
| Sequoia Financial Advisors Llc | 2024-06-30 | 1.9 M | |
| Jacobs Levy Equity Management, Inc. | 2024-06-30 | 1.7 M | |
| Amvescap Plc. | 2024-06-30 | 1.6 M | |
| Bridgeway Capital Management, Llc | 2024-06-30 | 1.6 M | |
| Lsv Asset Management | 2024-06-30 | 1.5 M | |
| Goldman Sachs Group Inc | 2024-06-30 | 1.3 M | |
| Citadel Advisors Llc | 2024-06-30 | 1.2 M | |
| Northern Trust Corp | 2024-06-30 | 1.2 M | |
| Blackrock Inc | 2024-06-30 | 18.6 M | |
| Vanguard Group Inc | 2024-06-30 | 14.6 M |
American Axle Historical Income Statement
American Stock Against Markets
American Axle Corporate Directors
| John Smith | Independent Director | Profile | |
| Peter Lyons | Independent Director | Profile | |
| Elizabeth Chappell | Independent Director | Profile | |
| Samuel Valenti | Lead Independent Director | Profile |
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.
Additional Information and Resources on Investing in American Stock
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 closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Automotive Parts & Equipment space 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 1.204 | Earnings Share 0.01 | Revenue Per Share 53.34 | Quarterly Revenue Growth 0.039 | Return On Assets 0.0273 |
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.