Economy

The ValuEngine Lowers American Axle & Manufacturing Holdings, Inc. (AXL) to Hold

Stocks with a beta above 1 tend to have bigger swings in price than the market as a whole, the opposite being the case for stocks with a beta below 1. The Company's driveline and drivetrain systems include components that transfer power from the transmission and deliver it to the drive wheels. It has a 5.17 P/E ratio.

American Axle & Manufacturing Holdings, Inc (AAM) manufactures, engineers, designs and validates driveline and drivetrain systems and related components and chassis modules for light trucks, sport utility vehicles, crossover vehicles, passenger cars and commercial vehicles. The target implies a 11.41% spike from where the shares are now trading. Charles Schwab Corp (SCHW) has $53.78 billion valuation. ALSN is the expensive of the two stocks on an earnings, book value and sales basis. Holdings, Inc. (NYSE:AXL). Northwestern Mutual Wealth holds 0% or 140 shares. Its up 0.27, from 1.03 in 2016Q3.

Large investors have recently bought and sold shares of the business. 40 funds opened positions while 66 raised stakes. The auto parts company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.10. (NYSE:SBH) stock plunged -0.52% to finish at $18.96. Connor Clark Lunn holds 0.03% or 259,550 shares in its portfolio. Finance Architects Incorporated stated it has 0.04% in Charles Schwab Corp (NYSE:SCHW). Holdings, Inc. (NYSE:AXL). Paloma Ptnrs Mngmt holds 31,241 shares. Alps holds 0% of its portfolio in American Axle & Manufact. Live Your Vision Ltd accumulated 250 shares. 0 analysts recommended Overweight these shares while 1 recommended Underweight, according to FactSet data. New York State Common Retirement Fund owns 81,700 shares or 0% of their U.S. portfolio. 6,925 are held by Court Place Lc. Analysts‟ target price forecasts are a prediction of a stock‟s future price, generally over the 12 months following the release date (Asquith et al., 2005). Therefore 70% are positive. They now have a Dollars 28 price target on the stock. However the price at the close of last session was -3.32% lower than its 50-day moving average and -12.29% under its 200-day moving average. Goldcorp Inc. had 43 analyst reports since July 24, 2015 according to SRatingsIntel.

ALSN trades at a forward P/E of 15.05, a P/B of 7.35, and a P/S of 2.53, compared to a forward P/E of 4.84, a P/B of 1.27, and a P/S of 0.35 for AXL. RBC Capital Markets has "Buy" rating and $2300 target. The intraday range of the stock remained between $18.80 and $19.10. As per Tuesday, June 20, the company rating was maintained by Jefferies. The firm has "Buy" rating by RBC Capital Markets given on Sunday, August 13. The stock has "Outperform" rating by RBC Capital Markets on Monday, August 3. The company was maintained on Friday, April 15 by Citigroup. The stock has "Buy" rating by Nomura on Monday, April 4. Stock dripped -22.38% over the trailing 6 months. $212,586 worth of Charles Schwab Corp (NYSE:SCHW) was sold by Clark Bernard J. The stock of American Axle & Manufact. Sib Llc owns 126,666 shares or 1.97% of their U.S. portfolio. Shares saw a steep increase in trading volume of 136.87% over the normal average daily volume. The Maryland-based Campbell & Co Investment Adviser Llc has invested 1.02% in the stock.

The stock added in the prior trading session by 4.86%, closing at the stock price of $15.32.

ValuEngine downgraded shares of American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) has gone weaker by -13.68%. It has underperformed by 12.31% the S&P500.

08/12/2015 - American Axle & Manufacturing Holdings, Inc. had its "neutral" rating reiterated by analysts at Susquehanna.

11/16/2016 - American Axle & Manufacturing Holdings, Inc. was downgraded to "sector weight" by analysts at KeyBanc. They now have a Dollars 24 price target on the stock. American Axle & Manufacturing Holdings now has an average rating of "Hold" and an average price target of $19.90. AXL was included in 8 notes of analysts from November 4, 2016. The stock has "Sector Perform" rating by RBC Capital Markets on Tuesday, February 16. The rating was maintained by Barclays Capital on Monday, January 25 with "Equalweight". The firm earned "Buy" rating on Thursday, December 1 by Deutsche Bank. The company was upgraded on Friday, December 16 by Barclays Capital. (AXL) may be undervalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that American Axle & Manufacturing Holdings Inc. The firm has "Underperform" rating by CLSA given on Friday, November 4. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Axle & Manufacturing Holdings, Inc. with MarketBeat.com's FREE daily email newsletter.

Latest analyst recommendations could offer little help to investors.



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