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

Shares of American Axle & Manufacturing Holdings, Inc. (NYSE:DCH) have earned an average rating of “Hold” from the seven brokerages that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among analysts that have covered the stock in the last year is $9.80.

A number of brokerages have recently commented on DCH. Zacks Research upgraded American Axle & Manufacturing from a “strong sell” rating to a “hold” rating in a research report on Friday, March 6th. Stifel Nicolaus increased their price objective on American Axle & Manufacturing from $6.70 to $7.00 and gave the company a “hold” rating in a research report on Monday, May 11th. Wall Street Zen downgraded American Axle & Manufacturing from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. TD Cowen cut their price objective on American Axle & Manufacturing from $8.00 to $7.00 and set a “hold” rating for the company in a research report on Wednesday, April 15th. Finally, BWS Financial reiterated a “buy” rating and set a $17.00 price objective on shares of American Axle & Manufacturing in a research report on Thursday, June 25th.

American Axle & Manufacturing Price Performance

DCH opened at $5.16 on Tuesday. The firm has a market capitalization of $1.22 billion, a P/E ratio of -6.78, a price-to-earnings-growth ratio of 0.23 and a beta of 1.57. The company has a debt-to-equity ratio of 3.43, a current ratio of 1.40 and a quick ratio of 1.04. American Axle & Manufacturing has a 1-year low of $3.94 and a 1-year high of $9.25. The business has a 50 day moving average price of $6.15.

American Axle & Manufacturing (NYSE:DCH) last released its earnings results on Friday, May 8th. The company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.38. The firm had revenue of $2.38 billion during the quarter. American Axle & Manufacturing had a positive return on equity of 13.65% and a negative net margin of 1.87%.The business’s revenue for the quarter was up 68.6% compared to the same quarter last year. Equities analysts expect that American Axle & Manufacturing will post 0.77 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.