American Axle & Manufacturing Holdings Inc. (NYSE:AXL) went down by -4.84% from its latest closing price compared to the recent 1-year high of $10.62. The company’s stock price has collected 1.96% of gains in the last five trading sessions. Press Release reported on 01/11/21 that AAM and Inovance Automotive Form Technology Development Agreement Focused on Next-Generation Electric-Drive Technology
Is It Worth Investing in American Axle & Manufacturing Holdings Inc. (NYSE :AXL) Right Now?
Plus, the 36-month beta value for AXL is at 2.61. Opinions of the stock are interesting as 4 analysts out of 10 who provided ratings for American Axle & Manufacturing Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 5 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $9.28, which is $0.16 above the current price. AXL currently public float of 111.39M and currently shorts hold a 5.48% ratio of that float. Today, the average trading volume of AXL was 1.82M shares.
AXL’s Market Performance
AXL stocks went up by 1.96% for the week, with a monthly jump of 12.47% and a quarterly performance of 28.49%, while its annual performance rate touched -3.81%. The volatility ratio for the week stands at 7.60% while the volatility levels for the past 30 days are set at 5.43% for American Axle & Manufacturing Holdings Inc.. The simple moving average for the period of the last 20 days is 5.51% for AXL stocks with a simple moving average of 28.80% for the last 200 days.
Analysts’ Opinion of AXL
Many brokerage firms have already submitted their reports for AXL stocks, with Barclays repeating the rating for AXL by listing it as a “Underweight.” The predicted price for AXL in the upcoming period, according to Barclays is $6 based on the research report published on December 17th of the previous year 2020.
Credit Suisse, on the other hand, stated in their research note that they expect to see AXL reach a price target of $4, previously predicting the price at $11. The rating they have provided for AXL stocks is “Neutral” according to the report published on April 27th, 2020.
AXL Trading at 9.82% from the 50-Day Moving Average
After a stumble in the market that brought AXL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.76% of loss for the given period.
Volatility was left at 5.43%, however, over the last 30 days, the volatility rate increased by 7.60%, as shares surge +12.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +31.55% upper at present.
During the last 5 trading sessions, AXL rose by +1.96%, which changed the moving average for the period of 200-days by +144.20% in comparison to the 20-day moving average, which settled at $8.43. In addition, American Axle & Manufacturing Holdings Inc. saw 6.00% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at AXL starting from MCCASLIN JAMES A, who purchase 10,000 shares at the price of $4.68 back on Mar 10. After this action, MCCASLIN JAMES A now owns 76,268 shares of American Axle & Manufacturing Holdings Inc., valued at $46,846 using the latest closing price.
Parker Herbert K, the Director of American Axle & Manufacturing Holdings Inc., purchase 30,000 shares at $5.70 during a trade that took place back on Mar 06, which means that Parker Herbert K is holding 38,711 shares at $171,000 based on the most recent closing price.
Stock Fundamentals for AXL
Current profitability levels for the company are sitting at:
- +6.68 for the present operating margin
- +12.26 for the gross margin
The net margin for American Axle & Manufacturing Holdings Inc. stands at -7.42. The total capital return value is set at 8.69, while invested capital returns managed to touch -9.83. Equity return is now at value -220.90, with -16.90 for asset returns.
Based on American Axle & Manufacturing Holdings Inc. (AXL), the company’s capital structure generated 385.31 points at debt to equity in total, while total debt to capital is 79.39. Total debt to assets is 56.69, with long-term debt to equity ratio resting at 379.81. Finally, the long-term debt to capital ratio is 78.26.
When we switch over and look at the enterprise to sales, we see a ratio of 0.68, with the company’s debt to enterprise value settled at 0.85. The receivables turnover for the company is 7.19 and the total asset turnover is 0.92. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.81.