American Axle & Manufacturing Holdings, Inc. (NYSE:DCH) Receives $10.25 Consensus Target Price from Analysts

Shares of American Axle & Manufacturing Holdings, Inc. (NYSE:DCH) have been given a consensus recommendation of “Hold” by the six brokerages that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $10.25.

DCH has been the subject of several analyst reports. Royal Bank Of Canada raised their price target on shares of American Axle & Manufacturing from $9.00 to $10.00 and gave the company an “outperform” rating in a research report on Monday, May 11th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of American Axle & Manufacturing in a report on Monday. BWS Financial reaffirmed a “buy” rating and set a $17.00 price target on shares of American Axle & Manufacturing in a report on Tuesday, April 21st. Stifel Nicolaus raised their price target on shares of American Axle & Manufacturing from $6.70 to $7.00 and gave the company a “hold” rating in a report on Monday, May 11th. Finally, Wall Street Zen downgraded shares of American Axle & Manufacturing from a “buy” rating to a “hold” rating in a report on Sunday, May 17th.

American Axle & Manufacturing Stock Up 2.9%

Shares of DCH opened at $6.21 on Friday. The company has a market capitalization of $1.47 billion, a P/E ratio of -8.18, a P/E/G ratio of 0.26 and a beta of 1.57. The company has a quick ratio of 1.04, a current ratio of 1.40 and a debt-to-equity ratio of 3.43. The firm’s 50 day moving average price is $6.14. American Axle & Manufacturing has a twelve month low of $3.94 and a twelve month high of $9.25.

American Axle & Manufacturing (NYSE:DCH) last announced its quarterly earnings results on Friday, May 8th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.38. The company had revenue of $2.38 billion during the quarter. American Axle & Manufacturing had a negative net margin of 1.87% and a positive return on equity of 13.65%. American Axle & Manufacturing’s quarterly revenue was up 68.6% compared to the same quarter last year. On average, sell-side analysts expect that American Axle & Manufacturing will post 0.77 EPS for the current year.

About American Axle & Manufacturing

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.