American Axle & Manufacturing Holdings, Inc. (NYSE:DCH) Given Average Recommendation of “Hold” by Analysts

by · The Cerbat Gem

Shares of American Axle & Manufacturing Holdings, Inc. (NYSE:DCH – Get Free Report) have been assigned an average rating of “Hold” from the nine brokerages that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $10.1429.

A number of research firms recently commented on DCH. TD Cowen raised American Axle & Manufacturing from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $8.00 to $10.00 in a research note on Tuesday, September 8th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of American Axle & Manufacturing in a research report on Friday, September 4th. Barclays boosted their price target on shares of American Axle & Manufacturing from $8.00 to $9.00 and gave the company an “equal weight” rating in a research note on Monday, August 17th. UBS Group dropped their price objective on shares of American Axle & Manufacturing from $9.50 to $9.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Finally, BWS Financial restated a “buy” rating and issued a $17.00 target price on shares of American Axle & Manufacturing in a report on Monday, August 10th.

Get Our Latest Stock Report on American Axle & Manufacturing

American Axle & Manufacturing Price Performance

NYSE DCH opened at $5.88 on Friday. The company has a market capitalization of $1.40 billion, a PE ratio of -5.45, a PEG ratio of 0.20 and a beta of 1.63. The company has a quick ratio of 1.02, a current ratio of 1.40 and a debt-to-equity ratio of 3.32. American Axle & Manufacturing has a fifty-two week low of $4.91 and a fifty-two week high of $9.25. The business’s fifty day simple moving average is $6.16.

American Axle & Manufacturing (NYSE:DCH – Get Free Report) last announced its quarterly earnings results on Friday, August 7th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.18. American Axle & Manufacturing had a negative net margin of 2.01% and a positive return on equity of 15.94%. The company had revenue of $2.96 billion for the quarter. As a group, sell-side analysts expect that American Axle & Manufacturing will post 0.96 earnings per share for the current year.

American Axle & Manufacturing Company Profile

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American Axle & Manufacturing Holdings, Inc is a global automotive supplier that designs, engineers and manufactures driveline and metal-forming systems for light trucks, SUVs, passenger cars and commercial vehicles. Its products include axles, driveshafts, differentials, transfer cases and other drivetrain components that transmit power from a vehicle’s engine or electric motor to its wheels.

The company also produces components and systems through its metal-forming, casting, machining and engineering operations.

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