AXL - American Axle & Manufacturing Holdings Stock Price, Fair Value and News

7.74USD+0.16 (+2.11%)Delayed as of 08 May 2024, 03:41 pm ET

Market Summary

USD7.74+0.16

Delayedas of 08 May 2024, 03:41 pm

2.11%

AXL Alerts

Big jump in Earnings (Y/Y)

AXL Stock Price

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AXL RSI Chart

AXL Valuation

Market Cap

891.1M

Price/Earnings (Trailing)

-111.38

Price/Sales (Trailing)

0.14

EV/EBITDA

4.58

Price/Free Cashflow

4.8

AXL Price/Sales (Trailing)

AXL Profitability

EBT Margin

0.27%

Return on Equity

-1.29%

Return on Assets

-0.15%

Free Cashflow Yield

20.85%

AXL Fundamentals

AXL Revenue

Revenue (TTM)

6.2B

Rev. Growth (Yr)

7.56%

Rev. Growth (Qtr)

9.84%

AXL Earnings

Earnings (TTM)

-8.0M

Earnings Growth (Yr)

501.96%

Earnings Growth (Qtr)

207.33%

Breaking Down AXL Revenue

52 Week Range

6.689.55

(Low)(High)

Last 7 days

3.4%

Last 30 days

4.4%

Last 90 days

-5.9%

Trailing 12 Months

4.3%

How does AXL drawdown profile look like?

AXL Financial Health

Current Ratio

1.69

Debt/Equity

4.47

Debt/Cashflow

0.14

AXL Investor Care

Shares Dilution (1Y)

0.46%

Diluted EPS (TTM)

-0.08

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	6.2B	0	0	0
2023	5.9B	6.0B	6.0B	6.1B
2022	5.2B	5.3B	5.6B	5.8B
2021	4.8B	5.6B	5.4B	5.2B
2020	6.2B	5.0B	4.7B	4.7B
2019	7.1B	6.9B	6.8B	6.5B
2018	7.1B	7.2B	7.3B	7.3B
2017	4.0B	4.8B	5.5B	6.3B
2016	3.9B	3.9B	4.0B	3.9B
2015	3.8B	3.9B	3.9B	3.9B
2014	3.3B	3.5B	3.6B	3.7B
2013	2.9B	3.0B	3.1B	3.2B
2012	2.7B	2.7B	2.8B	2.9B
2011	2.4B	2.5B	2.6B	2.6B
2010	1.7B	1.9B	2.1B	2.3B
2009	0	0	0	1.5B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of American Axle & Manufacturing Holdings

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 02, 2024	miziolek aleksandra a	acquired	150,001	7.32	20,492	-
May 02, 2024	valenti samuel iii	acquired	150,001	7.32	20,492	-
May 02, 2024	mccaslin james a	acquired	150,001	7.32	20,492	-
May 02, 2024	pierce sandra e.	acquired	150,001	7.32	20,492	-
May 02, 2024	miller william p ii	acquired	150,001	7.32	20,492	-
May 02, 2024	lyons peter david	acquired	150,001	7.32	20,492	-
May 02, 2024	chappell elizabeth anne	acquired	150,001	7.32	20,492	-
May 02, 2024	smith john f.	acquired	150,001	7.32	20,492	-
May 02, 2024	kozyra william lawrence	acquired	150,001	7.32	20,492	-
May 02, 2024	parker herbert k	acquired	150,001	7.32	20,492	-

Which funds bought or sold AXL recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Quantbot Technologies LP	added	553	534,374	654,208	0.04%
May 06, 2024	Advisory Services Network, LLC	sold off	-100	-8,810	-	-%
May 06, 2024	Empowered Funds, LLC	added	8.19	-361,464	3,398,410	0.06%
May 06, 2024	LSV ASSET MANAGEMENT	reduced	-36.08	-10,622,000	12,170,000	0.03%
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	added	1.36	-136,485	754,039	0.01%
May 06, 2024	SG Americas Securities, LLC	reduced	-4.25	-25,000	100,000	-%
May 06, 2024	Parallel Advisors, LLC	added	503	997	1,244	-%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	reduced	-3.36	-1,478,000	6,195,000	0.04%
May 06, 2024	Van Hulzen Asset Management, LLC	sold off	-100	-190,000	-	-%
May 06, 2024	Investors Research Corp	unchanged	-	-1,450	7,360	-%

Are Funds Buying or Selling AXL?

Are funds buying AXL calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AXL

No. of Funds

AXL Alerts

Big jump in Earnings (Y/Y)

Unveiling American Axle & Manufacturing Holdings's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	barrow hanley mewhinney & strauss llc	12.%	5,853,190	SC 13G
Feb 13, 2024	vanguard group inc	12.08%	14,146,031	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	6.6%	7,669,092	SC 13G/A
Jan 22, 2024	blackrock inc.	16.3%	19,117,494	SC 13G/A
Feb 15, 2023	barrow hanley mewhinney & strauss llc	12.%	10	SC 13G
Feb 10, 2023	dimensional fund advisors lp	5.2%	5,973,542	SC 13G
Feb 09, 2023	vanguard group inc	12.81%	14,669,907	SC 13G/A
Jan 26, 2023	blackrock inc.	16.2%	18,593,723	SC 13G/A
Jan 20, 2023	blackrock inc.	16.2%	18,593,723	SC 13G
Feb 10, 2022	barrow hanley mewhinney & strauss llc	5.96%	6,797,272	SC 13G

Recent SEC filings of American Axle & Manufacturing Holdings

View All Filings

Date Filed	Form Type	Document
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading

Peers (Alternatives to American Axle & Manufacturing Holdings)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TSLA	567.1B	94.7B	7.83%	3.50%	41.66	5.99	10.12%	15.85%
GM	52.3B	174.9B	2.40%	34.55%	4.9	0.3	8.79%	13.26%
F	48.4B	177.5B	-8.43%	1.16%	12.3	0.27	7.54%	33.01%
APTV	22.6B	20.1B	11.07%	-11.67%	7.54	1.12	11.06%	348.88%
KMX	10.9B	26.5B	-15.04%	-4.84%	22.74	0.41	-10.61%	-1.15%
MID-CAP
BWA	8.4B	14.4B	6.39%	-18.23%	13.66	0.58	5.28%	-36.11%
ALSN	6.6B	3.1B	-8.13%	57.17%	9.84	2.15	8.82%	17.48%
ABG	4.4B	15.4B	-2.09%	8.67%	7.79	0.29	2.10%	-39.62%
GT	3.5B	19.7B	-4.09%	8.85%	-5.47	0.18	-5.64%	-9328.57%
ADNT	2.5B	15.2B	-10.95%	-22.64%	15.77	0.16	3.04%	1216.67%
SMALL-CAP
BLBD	1.2B	1.2B	-0.85%	87.90%	19.51	0.98	33.91%	215.64%
AXL	891.1M	6.2B	4.40%	4.26%	-111.38	0.14	5.67%	-113.75%
CAAS	105.0M	576.4M	-6.70%	-19.82%	2.79	0.18	8.84%	77.79%
WKHS	63.0M	13.1M	-4.76%	-80.77%	-0.51	4.81	160.69%	-5.67%
AYRO	5.8M	498.9K	-23.87%	131.37%	-0.17	11.61	-83.32%	-48.94%

American Axle & Manufacturing Holdings News

Latest updates

American Axle & Manufacturing Holdings Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	9.8%	1,607	1,463	1,552	1,571	1,494	1,393	1,535	1,438	1,436	1,235	1,213	1,283	1,425	1,438	1,414	515	1,344	1,430	1,677	1,704	1,719
Gross Profit	28.1%	199	155	131	178	161	167	177	174	187	140	166	190	227	237	250	-98.90	195	183	249	248	222
S&GA Expenses	2.7%	98.00	96.00	82.00	91.00	98.00	89.00	86.00	85.00	86.00	78.00	91.00	86.00	90.00	83.00	67.00	74.00	90.00	90.00	93.00	91.00	91.00
EBITDA Margin	3.0%	0.11*	0.11*	0.12*	0.12*	0.13*	0.13*	0.12*	0.12*	0.13*	0.14*	0.16*	0.17*	-	-	-	-	-	-	-	-	-
Interest Expenses	-2.4%	49.00	50.00	51.00	50.00	51.00	42.00	45.00	43.00	45.00	45.00	50.00	50.00	51.00	52.00	54.00	55.00	52.00	53.00	54.00	56.00	53.00
Income Taxes	174.1%	16.00	6.00	-2.00	5.00	-	4.00	-5.70	1.00	3.00	-2.30	-13.60	2.00	9.00	14.00	-22.50	-43.90	3.00	-11.50	-40.40	6.00	-3.00
Earnings Before Taxes	373.7%	36.00	-13.30	-19.40	13.00	-5.10	18.00	21.00	24.00	4.00	-48.60	-16.00	18.00	47.00	50.00	95.00	-257	-497	-465	-164	59.00	39.00
EBT Margin	168.1%	0.00*	0.00*	0.00*	0.01*	0.01*	0.01*	0.00*	-0.01*	-0.01*	0.00*	0.02*	0.04*	-	-	-	-	-	-	-	-	-
Net Income	207.3%	21.00	-19.10	-17.40	8.00	-5.10	14.00	27.00	23.00	1.00	-46.30	-2.40	16.00	39.00	36.00	117	-213	-501	-454	-124	53.00	42.00
Net Income Margin	76.6%	0.00*	-0.01*	0.00*	0.01*	0.01*	0.01*	0.00*	0.00*	-0.01*	0.00*	0.02*	0.04*	-	-	-	-	-	-	-	-	-
Free Cashflow	-874.2%	-30.20	-3.10	130	89.00	-14.50	95.00	39.00	104	40.00	37.00	56.00	124	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.3%	5,371	5,356	5,475	5,507	5,453	5,469	5,680	5,769	5,725	5,636	5,643	5,845	5,937	5,916	5,942	6,055	6,187	6,645	7,316	7,548	7,616
Current Assets	4.3%	2,093	2,007	2,139	2,110	2,005	1,993	2,056	2,056	2,041	1,856	1,822	1,951	1,982	1,877	1,913	1,962	2,043	1,858	2,198	1,977	2,039
Cash Equivalents	-9.6%	470	520	616	511	466	512	472	501	530	530	501	588	601	557	537	893	683	532	378	251	255
Inventory	-1.3%	477	483	460	477	465	464	447	471	413	410	418	395	338	323	316	359	395	374	403	460	453
Net PPE	-3.4%	1,700	1,761	1,765	1,818	1,865	1,903	1,905	1,981	1,948	1,996	1,992	2,067	2,116	2,164	2,158	2,210	2,275	2,358	2,326	2,544	2,538
Goodwill	-0.4%	181	182	181	182	182	182	179	181	183	184	184	185	185	186	184	182	181	699	1,128	1,141	1,138
Liabilities	0.0%	4,750	4,751	4,861	4,863	4,831	4,842	5,193	5,300	5,241	5,178	5,210	5,404	5,536	5,543	5,599	5,856	5,794	5,664	5,907	5,976	6,092
Current Liabilities	2.8%	1,236	1,202	1,249	1,234	1,198	1,199	1,214	1,214	1,154	1,040	1,003	1,152	1,042	979	1,024	1,260	1,219	1,026	1,237	1,267	1,392
Long Term Debt	0.9%	2,776	2,752	2,834	2,854	2,848	2,845	2,974	3,035	3,062	3,086	-	-	-	3,441	-	-	-	-	-	-	-
LT Debt, Current	47.1%	25.00	17.00	25.00	16.00	50.00	76.00	19.00	14.00	21.00	19.00	15.00	117	14.00	14.00	27.00	374	22.00	29.00	24.00	26.00	119
Shareholder's Equity	2.7%	621	605	614	1.00	622	627	487	469	1.00	1,352	433	1,343	1.00	1,333	3.00	1,323	1.00	3.00	3.00	827	1,298
Retained Earnings	7.2%	-262	-283	-264	-246	-254	-249	-263	-290	-312	-313	-267	-265	-281	-319	-355	-473	-259	249	703	827	775
Additional Paid-In Capital	0.3%	1,386	1,383	1,380	1,376	1,373	1,369	1,365	1,361	1,356	1,352	1,347	1,343	1,339	1,333	1,328	1,323	1,319	1,314	1,310	1,304	1,298
Shares Outstanding	0.3%	118	117	117	117	117	115	115	115	115	114	114	114	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00
Float	-	-	-	-	949	-	-	-	849	-	-	-	1,163	-	-	-	850	-	-	-	1,422	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-66.4%	17,800	52,900	178,300	132,800	32,100	148,500	85,200	146,700	68,500	102,400	89,800	167,100	179,100	208,300	249,500	-142,500	139,400	181,000	241,700	217,100	-80,200
Share Based Compensation	22.6%	3,800	3,100	3,500	3,400	3,400	4,000	4,600	4,600	4,500	5,000	3,200	4,700	5,300	5,000	5,100	4,700	4,600	4,900	6,300	5,700	5,500
Cashflow From Investing	16.6%	-48,200	-57,800	-48,800	-47,400	-30,500	-45,600	-47,200	-118,900	-31,300	-66,200	-20,600	-33,900	-40,400	-69,200	-40,400	-39,600	-69,200	28,900	-97,500	-114,100	-123,900
Cashflow From Financing	83.6%	-16,000	-97,300	-20,800	-38,300	-49,100	-69,400	-61,100	-48,000	-38,700	-7,200	-154,000	-149,600	-90,600	-126,900	-567,800	392,500	87,700	-59,900	-12,400	-106,300	-21,400
Buy Backs	-	2,700	-	14,700	-200	-14,500	-	1,900	-100	-1,800	4,300	-100	-200	-4,000	-	2,700	-300	-2,400	-	7,500	-200	-7,300

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AXL Income Statement

2024-03-31

Condensed Consolidated Statements of Operations - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Net sales	$ 1,606.9	$ 1,493.9
Cost of goods sold	1,408.4	1,333.3
Gross profit	198.5	160.6
Selling, general and administrative expenses	98.3	98.3
Amortization of intangible assets	20.7	21.4
Restructuring and acquisition-related costs	2.5	4.8
Operating income	77.0	36.1
Interest expense	(49.0)	(50.5)
Interest income	8.3	5.9
Unrealized gain (loss) on equity securities	0.1	(0.3)
Other income (expense), net	0.0	3.7
Income (loss) before income taxes	36.4	(5.1)
Income tax expense	15.9	0.0
Net income (loss)	$ 20.5	$ (5.1)
Basic earnings (loss) per share	$ 0.17	$ (0.04)
Diluted earnings (loss) per share	$ 0.17	$ (0.04)

AXL Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 469.8	$ 519.9
Accounts receivable, net	960.5	818.5
Inventories, net	476.8	482.9
Prepaid expenses and other	186.1	185.3
Total current assets	2,093.2	2,006.6
Property, plant and equipment, net	1,700.3	1,760.9
Deferred income taxes	165.3	169.4
Goodwill	181.4	182.1
Other intangible assets, net	512.2	532.8
GM postretirement cost sharing asset	113.2	111.9
Operating lease right-of-use assets	111.2	115.6
Other assets and deferred charges	494.3	477.0
Total assets	5,371.1	5,356.3
Current liabilities
Current portion of long-term debt	25.0	17.0
Accounts payable	830.1	773.9
Accrued compensation and benefits	174.9	200.1
Deferred revenue	15.0	16.6
Current portion of operating lease liabilities	22.3	21.9
Accrued expenses and other	168.3	172.1
Total current liabilities	1,235.6	1,201.6
Long-term debt, net	2,735.0	2,751.9
Deferred revenue	69.9	70.4
Deferred income taxes	16.1	16.5
Long-term portion of operating lease liabilities	91.2	95.5
Postretirement benefits and other long-term liabilities	601.9	615.5
Total liabilities	4,749.7	4,751.4
Stockholders' equity
Common stock, par value $0.01 per share; 150.0 million shares authorized; 128.2 million shares issued as of March 31, 2024 and 127.4 million shares issued as of December 31, 2023	1.3	1.3
Paid-in capital	1,386.4	1,382.6
Accumulated deficit	(262.7)	(283.2)
Treasury stock at cost, 10.7 million shares as of March 31, 2024 and 10.3 million shares as of December 31, 2023	(235.6)	(232.9)
Accumulated other comprehensive income (loss)
Defined benefit plans, net of tax	(145.9)	(145.3)
Foreign currency translation adjustments	(157.6)	(142.3)
Unrecognized gain on cash flow hedges, net of tax	35.5	24.7
Total stockholders' equity	621.4	604.9
Total liabilities and stockholders' equity	$ 5,371.1	$ 5,356.3

About American Axle & Manufacturing Holdings

American Axle & Manufacturing Holdings, Inc., together with its subsidiaries, designs, engineers, and manufactures driveline and metal forming technologies that supports electric, hybrid, and internal combustion vehicles. It operates through Driveline and Metal Forming segments. The Driveline segment offers front and rear axles, driveshafts, differential assemblies, clutch modules, balance shaft systems, disconnecting driveline technology, and electric and hybrid driveline products and systems for light trucks, sport utility vehicles, crossover vehicles, passenger cars, and commercial vehicles. The Metal Forming segment provides range of products, such as engine, transmission, driveline, and safety-critical components for traditional internal combustion engine and electric vehicle architectures including light vehicles, commercial vehicles, and off-highway vehicles, as well as products for industrial markets. It operates across Brazil, China, Czech Republic, England, France, Germany, India, Japan, Luxembourg, Mexico, Poland, Romina, Scotland, South Korea, Spain, Sweden, Thailand, and United States of America. The company was founded in 1994 and is headquartered in Detroit, Michigan.

CEO	Mr. David Charles Dauch
WEBSITE	aam.com
INDUSTRY	Autos
EMPLOYEES	19000

American Axle & Manufacturing Holdings Frequently Asked Questions

What is the ticker symbol for American Axle & Manufacturing Holdings? What does AXL stand for in stocks?

AXL is the stock ticker symbol of American Axle & Manufacturing Holdings. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of American Axle & Manufacturing Holdings (AXL)?

As of Tue May 07 2024, market cap of American Axle & Manufacturing Holdings is 891.05 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AXL stock?

You can check AXL's fair value in chart for subscribers.

What is the fair value of AXL stock?

You can check AXL's fair value in chart for subscribers. The fair value of American Axle & Manufacturing Holdings is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of American Axle & Manufacturing Holdings is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AXL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is American Axle & Manufacturing Holdings a good stock to buy?

The fair value guage provides a quick view whether AXL is over valued or under valued. Whether American Axle & Manufacturing Holdings is cheap or expensive depends on the assumptions which impact American Axle & Manufacturing Holdings's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AXL.

What is American Axle & Manufacturing Holdings's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, AXL's PE ratio (Price to Earnings) is -111.38 and Price to Sales (PS) ratio is 0.14. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AXL PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on American Axle & Manufacturing Holdings's stock?

In the past 10 years, American Axle & Manufacturing Holdings has provided -0.08 (multiply by 100 for percentage) rate of return.