American Axle & Manufacturing (NYSE:DCH) Stock Rating Upgraded by Deutsche Bank Aktiengesellschaft

American Axle & Manufacturing (NYSE:DCH) was upgraded by stock analysts at Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday, Marketbeat Ratings reports. The brokerage presently has a $8.00 price objective on the auto parts company’s stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential upside of 43.63% from the stock’s previous close.

Other equities analysts have also recently issued reports about the stock. Weiss Ratings cut shares of American Axle & Manufacturing from a “hold (c-)” rating to a “sell (d)” rating in a research note on Thursday, February 19th. Royal Bank Of Canada cut their price objective on shares of American Axle & Manufacturing from $12.00 to $10.00 and set an “outperform” rating for the company in a report on Tuesday, February 17th. Zacks Research downgraded shares of American Axle & Manufacturing from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 5th. UBS Group increased their target price on shares of American Axle & Manufacturing from $8.50 to $10.50 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Finally, Morgan Stanley set a $7.00 target price on American Axle & Manufacturing in a research report on Monday, December 8th. Six research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $10.12.

American Axle & Manufacturing Stock Down 4.6%

American Axle & Manufacturing stock opened at $5.57 on Thursday. The company has a current ratio of 2.95, a quick ratio of 2.57 and a debt-to-equity ratio of 6.31. The stock has a market cap of $1.31 billion, a P/E ratio of -30.94, a P/E/G ratio of 0.53 and a beta of 1.61. American Axle & Manufacturing has a 52 week low of $3.00 and a 52 week high of $9.25.

American Axle & Manufacturing (NYSE:DCH) last announced its quarterly earnings results on Friday, February 13th. The auto parts company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.09. The company had revenue of $1.38 billion during the quarter. American Axle & Manufacturing had a positive return on equity of 10.00% and a negative net margin of 0.34%.The company’s revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.06) earnings per share. Sell-side analysts forecast that American Axle & Manufacturing will post 0.57 EPS for the current fiscal year.

Institutional Investors Weigh In On American Axle & Manufacturing

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada lifted its holdings in American Axle & Manufacturing by 98.9% during the first quarter. Royal Bank of Canada now owns 60,425 shares of the auto parts company’s stock valued at $246,000 after purchasing an additional 30,046 shares in the last quarter. AQR Capital Management LLC grew its position in shares of American Axle & Manufacturing by 2.8% in the first quarter. AQR Capital Management LLC now owns 452,658 shares of the auto parts company’s stock valued at $1,842,000 after purchasing an additional 12,477 shares during the period. Millennium Management LLC increased its stake in shares of American Axle & Manufacturing by 77.9% during the first quarter. Millennium Management LLC now owns 1,550,521 shares of the auto parts company’s stock worth $6,311,000 after purchasing an additional 679,042 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of American Axle & Manufacturing by 24.4% during the first quarter. Goldman Sachs Group Inc. now owns 1,490,388 shares of the auto parts company’s stock worth $6,066,000 after purchasing an additional 291,908 shares in the last quarter. Finally, Empowered Funds LLC raised its position in shares of American Axle & Manufacturing by 3.0% during the 1st quarter. Empowered Funds LLC now owns 567,790 shares of the auto parts company’s stock worth $2,311,000 after purchasing an additional 16,674 shares during the last quarter. Hedge funds and other institutional investors own 91.41% of the company’s stock.

Trending Headlines about American Axle & Manufacturing

Here are the key news stories impacting American Axle & Manufacturing this week:

• Positive Sentiment: Deutsche Bank upgraded DCH from “hold” to “buy” and set an $8.00 price target (≈42.6% above the current price), which can attract buyers and provide near-term upside support. Deutsche Bank Upgrade
• Positive Sentiment: Recent quarterly results showed an earnings beat (Q4 EPS of $0.07 vs. consensus ($0.02)) and slight year-over-year revenue growth, giving fundamental backing to the upgrade and reducing downside risk from operations. DCH Earnings Summary
• Neutral Sentiment: Multiple short-form “head-to-head” competitor comparison pieces were published (AmericanBankingNews ran several March 5–6 articles). These are largely aggregative comparisons rather than proprietary catalysts, so they increase newsflow but are unlikely to materially change fundamentals on their own. AmericanBankingNews Head-to-Head
• Negative Sentiment: Technical and balance-sheet/market-pressure factors may be weighing on the stock: DCH sits below its 50‑day moving average (~$8.23), average trading volume is higher than today’s volume (suggesting weaker conviction), and the company carries significant leverage (debt/equity ~3.61), which can limit upside and increase downside risk in a weak auto-cycle. DCH Price & Metrics

American Axle & Manufacturing Company Profile

American Axle & Manufacturing Holdings, Inc (NYSE: AXL) is a global designer, engineer and manufacturer of driveline and drivetrain systems and components for light vehicles, commercial trucks and off-highway applications. The company’s core product portfolio includes axles, driveshafts, half-shafts, drive module assemblies and differential gears, as well as advanced metallic and composite structures for electric and hybrid vehicles. AAM’s capabilities also encompass system testing, rapid prototyping and precision machining to support both high-volume production and low-volume, specialty vehicle applications.

Founded in 1994 following the divestiture of the Detroit Axle Division of General Motors, American Axle & Manufacturing completed its initial public offering in 1998.