Brokerages Set American Axle & Manufacturing Holdings, Inc. (NYSE:DCH) Target Price at $10.33

Shares of American Axle & Manufacturing Holdings, Inc. (NYSE:DCH) have been given an average recommendation of “Hold” by the six analysts that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $10.25.

Several research firms have recently commented on DCH. Weiss Ratings began coverage on shares of American Axle & Manufacturing in a research note on Wednesday, March 11th. They issued a “sell (d)” rating for the company. 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, April 21st. Stifel Nicolaus raised their price objective on shares of American Axle & Manufacturing from $6.70 to $7.00 and gave the company a “hold” rating in a research note on Monday, May 11th. Zacks Research raised shares of American Axle & Manufacturing from a “strong sell” rating to a “hold” rating in a report on Friday, March 6th. Finally, Wall Street Zen raised shares of American Axle & Manufacturing from a “hold” rating to a “buy” rating in a report on Saturday, May 9th.

American Axle & Manufacturing Stock Performance

NYSE DCH opened at $6.35 on Monday. The company has a 50 day simple moving average of $5.88. The company has a current ratio of 1.40, a quick ratio of 2.57 and a debt-to-equity ratio of 3.43. American Axle & Manufacturing has a one year low of $3.94 and a one year high of $9.25. The stock has a market capitalization of $1.51 billion, a price-to-earnings ratio of -8.36, a price-to-earnings-growth ratio of 0.32 and a beta of 1.52.

American Axle & Manufacturing (NYSE:DCH) last posted its quarterly earnings data on Friday, May 8th. The company reported $0.34 EPS for the quarter, beating the consensus estimate of ($0.04) by $0.38. American Axle & Manufacturing had a negative net margin of 1.87% and a positive return on equity of 13.65%. The business had revenue of $2.38 billion during the quarter. American Axle & Manufacturing’s revenue for the quarter was up 68.6% compared to the same quarter last year. Equities analysts predict that American Axle & Manufacturing will post 0.7 EPS for the current fiscal year.

American Axle & Manufacturing Company Profile

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.