American Axle & Manufacturing (AXL) to Release Quarterly Earnings on Friday

American Axle & Manufacturing (NYSE:AXL) is expected to be announcing its earnings results before the market opens on Friday, February 14th. Analysts expect the company to announce earnings of ($0.06) per share and revenue of $1.39 billion for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

American Axle & Manufacturing (NYSE:AXL) last announced its quarterly earnings data on Friday, November 8th. The auto parts company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.25. American Axle & Manufacturing had a net margin of 0.48% and a return on equity of 9.63%. The company had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter in the prior year, the company earned ($0.11) EPS. American Axle & Manufacturing’s revenue was down 3.0% compared to the same quarter last year. On average, analysts expect American Axle & Manufacturing to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

American Axle & Manufacturing Stock Performance

Shares of AXL opened at $5.12 on Friday. The company has a current ratio of 1.65, a quick ratio of 1.29 and a debt-to-equity ratio of 4.28. American Axle & Manufacturing has a 12-month low of $4.80 and a 12-month high of $8.98. The firm has a 50-day moving average price of $5.98 and a 200 day moving average price of $6.19. The firm has a market capitalization of $602.01 million, a P/E ratio of 21.33 and a beta of 1.94.

Analyst Upgrades and Downgrades

Separately, Barclays dropped their price objective on shares of American Axle & Manufacturing from $8.00 to $7.00 and set an “equal weight” rating for the company in a report on Wednesday, January 22nd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $7.30.

American Axle & Manufacturing Company Profile

American Axle & Manufacturing Holdings, Inc engages in the manufacture, engineering, design, and validation of driveline systems and related components. It operates through the Driveline and Metal Forming segments. The Driveline segment consists of axles, drive shafts, power transfer units, rear drive modules, and electric and hybrid driveline products and systems for light trucks, service utility vehicles, crossover vehicles, passenger cars, and commercial vehicles.