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American Axle & Manufacturing Holdings Inc Stock Research

AXL

7.16USD+0.34(+4.99%)Market Closed

Market Summary

USD7.16+0.34
Market Closed
4.99%

AXL Alerts

AXL Stock Price

AXL RSI Chart

AXL Valuation

Market Cap

837.7M

Price/Earnings (Trailing)

14.39

Price/Sales (Trailing)

0.14

EV/EBITDA

4.39

Price/Free Cashflow

3.75

AXL Price/Sales (Trailing)

AXL Profitability

EBT Margin

1.14%

Return on Equity

10.25%

Return on Assets

1.18%

Free Cashflow Yield

26.63%

AXL Fundamentals

AXL Revenue

Revenue (TTM)

5.9B

Revenue Y/Y

4.02%

Revenue Q/Q

7.27%

AXL Earnings

Earnings (TTM)

58.2M

Earnings Y/Y

-610%

Earnings Q/Q

-136.69%

Price Action

52 Week Range

6.6111.96
(Low)(High)

Last 7 days

2.4%

Last 30 days

2.1%

Last 90 days

-17.0%

Trailing 12 Months

-4.8%

AXL Financial Health

Current Ratio

1.66

Debt/Equity

4.54

Debt/Cashflow

0.16

AXL Investor Care

Shares Dilution (1Y)

2.18%

Diluted EPS (TTM)

0.48

Peers (Alternatives to American Axle & Manufacturing Holdings)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
TSLA
612.2B
86.0B
 25.64% -18.12%
52.09
7.12
 38.34% 39.91%
GM
46.5B
160.7B
 3.32% -10.43%
4.98
0.29
 23.16% -5.45%
APTV
24.9B
18.1B
 -10.43% -9.45%
37.39
1.38
 14.94% 73.70%
BWA
11.0B
16.1B
 -2.12% 21.71%
11.49
0.69
 9.55% 43.01%
MID-CAP
LEA
7.6B
21.5B
 -2.57% -5.36%
17.94
0.35
 12.61% 92.12%
ALV
7.2B
9.2B
 -1.91% 10.69%
17.5
0.79
 13.55% 14.05%
GNTX
6.3B
2.0B
 2.70% -9.98%
19.21
3.16
 16.66% -1.81%
ADNT
3.3B
14.7B
 -4.97% 3.92%
276.29
0.22
 13.44% -98.41%
LCII
2.8B
4.5B
 2.15% -4.28%
7.19
0.55
 -11.36% -49.72%
SMALL-CAP
TEN
1.7B
18.6B
 8.17% 58.15%
-7.03
0.09
 1.85% -200.42%
AXL
837.7M
5.9B
 2.14% -4.79%
14.39
0.14
 13.40% 283.60%
GTX
527.5M
3.7B
 -0.37% 32.46%
1.38
0.14
 3.82% -44.33%
SRI
454.2M
920.2M
 -7.51% -15.12%
-32.32
0.49
 15.35% -512.68%
CPS
199.0M
2.6B
 0.26% 119.06%
-0.7
0.08
 14.10% 18.88%

Financials for American Axle & Manufacturing Holdings

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue1.0%5,8605,8025,6455,3235,168
Gross Profit-3.7%679705678666682
  S&GA Expenses3.5%357345334339340
EBITDA9.9%733667646669-
EBITDA Margin7.0%0.13*0.12*0.12*0.13*-
Earnings Before Taxes-13.7%57.0066.00-0.30-37.10-42.20
EBT Margin21658.5%0.01*0.00*-0.01*-0.01*-
Interest Expenses3.3%180175177182189
Net Income-9.5%58.0064.004.00-24.80-31.70
Net Income Margin1426.4%0.01*0.00*0.00*-0.01*-
Free Cahsflow26.4%278220237258-
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets-0.3%5,4535,4695,6805,7695,725
  Current Assets0.6%2,0051,9932,0562,0562,041
    Cash Equivalents-9.0%466512472501530
  Inventory0.2%465464447471413
  Net PPE-2.0%1,8651,9031,9051,9811,948
  Goodwill0.1%182182179181183
Liabilities-0.2%4,8314,8425,1935,3005,241
  Current Liabilities-0.1%1,1981,1991,2141,2141,154
  Long Term Debt0.1%2,8482,8452,9743,0353,062
    LT Debt, Current-34.7%50.0076.0019.0014.0021.00
Shareholder's Equity-0.9%622627487469485
  Retained Earnings-2.0%-254-249-263-290-312
  Additional Paid-In Capital0.2%1,3731,3691,3651,3611,356
Shares Outstanding2.1%117115115115115
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations-8.1%413449403407428
  Share Based Compensation-6.2%17.0018.0019.0017.0017.00
Cashflow From Investing0.3%-242-243-263-237-152
Cashflow From Financing-4.8%-227-217-155-247-349
  Buy Backs668.4%15.002.002.002.002.00

Risks for AXL

What is the probability of a big loss on AXL?

100%

Probability that American Axle & Manufacturing Holdings stock will be more than 20% underwater in next one year

92.7%

Probability that American Axle & Manufacturing Holdings stock will be more than 30% underwater in next one year.

55.4%

Probability that American Axle & Manufacturing Holdings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does AXL drawdown profile look like?

Y-axis is the maximum loss one would have experienced if American Axle & Manufacturing Holdings was unfortunately bought at previous high price.

Drawdowns

Returns for AXL

Cumulative Returns on AXL

-8.7%

10-Year Cumulative Returns

-11.4%

7-Year Cumulative Returns

-15.2%

5-Year Cumulative Returns

-1.5%

3-Year Cumulative Returns

What are the long-term rolling returns for AXL?

FIve years rolling returns for American Axle & Manufacturing Holdings.

Annualized Returns

Which funds bought or sold AXL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-22
AMERIPRISE FINANCIAL INC
reduced
-0.5
-51,263
8,239,740
 -%
2023-05-22
PUTNAM INVESTMENTS LLC
reduced
-4.05
-62,394
1,433,740
 -%
2023-05-22
EMC Capital Management
unchanged
-
-
203,000
 0.17%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
added
3.01
264,000
9,459,000
 0.01%
2023-05-18
JPMORGAN CHASE & CO
added
27.83
1,281,000
5,916,000
 -%
2023-05-17
Advisory Services Network, LLC
reduced
-56.14
-251
195
 -%
2023-05-17
VIRGINIA RETIREMENT SYSTEMS ET AL
reduced
-27.18
-54,724
274,482
 -%
2023-05-17
Thrivent Financial for Lutherans
reduced
-3.07
-32,000
980,000
 -%
2023-05-16
CAROLINAS WEALTH CONSULTING LLC
unchanged
-
-
414
 -%
2023-05-16
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC
sold off
-100
-434,690
-
 -%

1–10 of 43

Latest Funds Activity

Are funds buying AXL calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own AXL
No. of Funds

AXL Alerts

American Axle & Manufacturing Holdings News

Zacks Investment Research
Here's Why You Should Retain American Axle (AXL) Stock Now.
Zacks Investment Research,
8 days ago
InvestorsObserver
Should You Buy American Axle & Manufact. Holdings, Inc. (AXL) Stock Friday?.
InvestorsObserver,
23 days ago

Schedule 13G FIlings of American Axle & Manufacturing Holdings

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 09, 2022
vanguard group inc
12.05%
13,742,577
SC 13G/A
Feb 08, 2022
dimensional fund advisors lp
4.6%
5,217,397
SC 13G/A
Jan 27, 2022
blackrock inc.
15.6%
17,850,020
SC 13G/A
Jan 26, 2022
blackrock inc.
15.6%
17,850,020
SC 13G

AXL Fair Value

Recent SEC filings of American Axle & Manufacturing Holdings

View All Filings
Date Filed Form Type Document
May 22, 2023
SD
SD
May 08, 2023
4
Insider Trading
May 08, 2023
4
Insider Trading
May 08, 2023
4
Insider Trading
May 08, 2023
4
Insider Trading
May 08, 2023
4
Insider Trading
May 08, 2023
4
Insider Trading
May 08, 2023
4
Insider Trading
May 08, 2023
4
Insider Trading
May 08, 2023
4
Insider Trading

Latest Insider Trading transactions for AXL

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-04
Parker Herbert K
acquired
-
-
20,030
-
2023-05-04
Smith John F.
acquired
-
-
20,030
-
2023-05-04
Lyons Peter David
acquired
-
-
20,030
-
2023-05-04
Chappell Elizabeth Anne
acquired
-
-
20,030
-
2023-05-04
Paroly Matthew K.
acquired
-
-
84,941
vp & general counsel
2023-05-04
Valenti Samuel III
acquired
-
-
20,030
-
2023-05-04
MILLER WILLIAM P II
acquired
-
-
20,030
-
2023-05-04
Pierce Sandra E.
acquired
-
-
20,030
-
2023-05-04
MCCASLIN JAMES A
acquired
-
-
20,030
-
2023-05-04
Kozyra William Lawrence
acquired
-
-
20,030
-

1–10 of 50

About American Axle & Manufacturing Holdings

David C. Dauch
www.aam.com
18000
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 in the United States, Mexico, South America, China, other Asian countries, and Europe. 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 axle and transmission shafts, ring and pinion gears, differential gears and assemblies, and connecting rods and variable valve timing products for original equipment manufacturers and tier 1 automotive suppliers. American Axle & Manufacturing Holdings, Inc. has technology development agreement with Suzhou Inovance Automotive Ltd. and REE Automotive Ltd. American Axle & Manufacturing Holdings, Inc. was founded in 1994 and is headquartered in Detroit, Michigan.

AXL Income Statement

2023-03-31
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Net sales$ 1,493.9$ 1,436.2
Cost of goods sold1,333.31,249.4
Gross profit160.6186.8
Selling, general and administrative expenses98.386.1
Amortization of intangible assets21.421.5
Restructuring and acquisition-related costs4.88.9
Operating income36.170.3
Interest expense(50.5)(44.7)
Interest income5.93.0
Debt refinancing and redemption costs0.0(5.6)
Unrealized loss on equity securities(0.3)(18.0)
Other income (expense), net3.7(1.0)
Income (loss) before income taxes(5.1)4.0
Income tax expense0.03.0
Net income (loss)$ (5.1)$ 1.0
Basic earnings (loss) per share$ (0.04)$ 0.01
Diluted earnings (loss) per share$ (0.04)$ 0.01

AXL Balance Sheet

2023-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 465.7$ 511.5
Accounts receivable, net892.1820.2
Inventories, net464.6463.9
Prepaid expenses and other182.1197.8
Total current assets2,004.51,993.4
Property, plant and equipment, net1,864.71,903.0
Deferred income taxes135.0119.0
Goodwill181.7181.6
Other intangible assets, net595.1616.2
GM postretirement cost sharing asset129.5127.6
Operating lease right-of-use assets106.3107.2
Other assets and deferred charges436.1421.4
Total assets5,452.95,469.4
Current liabilities  
Current portion of long-term debt49.675.9
Accounts payable771.3734.0
Accrued compensation and benefits167.4186.6
Deferred revenue26.928.1
Current portion of operating lease liabilities21.221.1
Accrued expenses and other161.6153.6
Total current liabilities1,198.01,199.3
Long-term debt, net2,847.72,845.1
Deferred revenue68.573.4
Deferred income taxes11.010.7
Long-term portion of operating lease liabilities86.487.2
Postretirement benefits and other long-term liabilities619.6626.4
Total liabilities4,831.24,842.1
Stockholders' equity  
Common stock, par value $0.01 per share; 150.0 million shares authorized; 127.3 million shares issued as of March 31, 2023 and 123.3 million shares issued as of December 31, 20221.31.3
Paid-in capital1,372.61,369.2
Accumulated deficit(254.7)(249.6)
Treasury stock at cost, 10.3 million shares as of March 31, 2023 and 8.7 million shares as of December 31, 2022(232.7)(218.2)
Accumulated other comprehensive income (loss)  
Defined benefit plans, net of tax(147.6)(146.9)
Foreign currency translation adjustments(140.9)(149.7)
Unrecognized gain on cash flow hedges, net of tax23.721.2
Total stockholders' equity621.7627.3
Total liabilities and stockholders' equity$ 5,452.9$ 5,469.4