American Axle & Manufacturing Holdings, Inc. (NYSE:DCH) Receives Average Recommendation of “Hold” from Brokerages

American Axle & Manufacturing Holdings, Inc. (NYSE:DCHGet Free Report) has been assigned an average recommendation of “Hold” from the five brokerages that are presently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating and three have given a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $12.45.

A number of equities analysts recently commented on the stock. Zacks Research lowered shares of American Axle & Manufacturing from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 5th. Jefferies Financial Group began coverage on American Axle & Manufacturing in a research report on Thursday, February 19th. They issued a “buy” rating and a $10.35 target price for the company. Wall Street Zen downgraded American Axle & Manufacturing from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 21st. BWS Financial reissued a “buy” rating and issued a $17.00 price objective on shares of American Axle & Manufacturing in a research note on Tuesday, February 17th. Finally, Royal Bank Of Canada decreased their price objective on American Axle & Manufacturing from $12.00 to $10.00 and set an “outperform” rating for the company in a research report on Tuesday, February 17th.

Read Our Latest Stock Analysis on DCH

Key American Axle & Manufacturing News

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American Axle & Manufacturing Stock Performance

Shares of NYSE DCH opened at $6.94 on Friday. The company has a debt-to-equity ratio of 6.31, a quick ratio of 2.57 and a current ratio of 2.95. The firm has a market capitalization of $1.64 billion, a P/E ratio of 13.17, a P/E/G ratio of 0.39 and a beta of 1.60. American Axle & Manufacturing has a 52-week low of $3.00 and a 52-week high of $9.25.

American Axle & Manufacturing (NYSE:DCHGet Free Report) last announced its earnings results on Friday, February 13th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.09. American Axle & Manufacturing had a negative net margin of 0.34% and a positive return on equity of 10.00%. The company had revenue of $1.38 billion during the quarter. During the same quarter in the previous year, the business earned ($0.06) earnings per share. The business’s quarterly revenue was up .2% compared to the same quarter last year.

American Axle & Manufacturing Company Profile

(Get Free Report)

American Axle & Manufacturing is a U.S.-based designer, engineer and manufacturer of driveline and drivetrain systems and components for the automotive and light- and heavy-vehicle markets. The company produces a range of mechanical and electromechanical products including axles, driveshafts, differential systems, halfshafts, transmission components, and related sealing and suspension parts. Its product portfolio serves passenger cars, light trucks, commercial vehicles and off-highway applications.

Beyond component manufacturing, the company provides integrated engineering services such as product development, testing and system integration to help vehicle manufacturers meet performance, weight and fuel-economy targets.

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Analyst Recommendations for American Axle & Manufacturing (NYSE:DCH)

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