American Axle & Manufacturing (AXL)

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Here's Why American Axle & Manufacturing (AXL) is a Strong Momentum Stock
Zacks Investment Research· 2024-04-29 14:56
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores. ...
American Axle & Manufacturing (AXL) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-04-26 15:05
American Axle & Manufacturing (AXL) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on May 3, 2024, might help the stock move higher if these key numbers are b ...
American Axle & Manufacturing (AXL) is a Top-Ranked Value Stock: Should You Buy?
Zacks Investment Research· 2024-04-26 14:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?The Z ...
Here's Why American Axle & Manufacturing (AXL) is a Strong Value Stock
Zacks Investment Research· 2024-04-10 14:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?Developed alon ...
AAM to Present at the Bank of America Global Automotive Summit on March 27
Prnewswire· 2024-03-22 14:00
DETROIT, March 22, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the Bank of America Global Automotive Summit on March 27. AAM is scheduled to present at 11:20 a.m. ET. A live audio webcast will be accessible through the Investor Relations page on AAM's website (www.aam.com). A replay of the webcast will be available following the event. About AAMAs a leading global Tier 1 Automotive and Mobility Supplier, AAM designs, engineers and manufactures Dr ...
AAM Names Aleksandra A. Miziolek to Board of Directors
Prnewswire· 2024-03-20 20:01
DETROIT, March 20, 2024 /PRNewswire/ -- American Axle & Manufacturing (NYSE: AXL) has named Aleksandra A. Miziolek to its Board of Directors. Aleksandra is the Retired Chief Transformational Officer, Cooper-Standard Holdings, Inc. "Aleks brings significant industry and executive experience to the AAM board, with a valuable perspective on international and strategic matters," said David C. Dauch, Chairman and CEO, AAM. "We welcome Aleks to AAM and look forward to working with her as we continue to leverage o ...
5 Stocks Favored by Brokers Amid the Current Uncertainty
Zacks Investment Research· 2024-02-22 13:46
The hotter-than-expected inflation reading in January clearly shows that we are not out of the woods as far as inflation in the United States is concerned. The unfavorable inflation report casts doubt on the possibility of the Federal Reserve cutting interest rates even in May, let alone in March.By maintaining high interest rates, the Fed aims to slow down demand by making borrowing money more expensive. The hotter-than-expected inflation reading dented consumers’ confidence, leading to a widespread sellof ...
American Axle (AXL) Q4 Loss Narrower Than Expected, Sales Beat
Zacks Investment Research· 2024-02-21 14:16
American Axle & Manufacturing Holdings (AXL) reported a loss of 9 cents per share in fourth-quarter 2023, narrower than the Zacks Consensus Estimate of a loss of 16 cents. The company had incurred a loss of 7 cents per share in the year-ago quarter.The company generated quarterly revenues of $1.46 billion, outpacing the Zacks Consensus Estimate of $1.45 billion. Revenues increased 5% on a year-over-year basis.Segmental PerformanceIn the reported quarter, the Driveline segment recorded sales of $1.02 billion ...
American Axle (AXL) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
Zacks Investment Research· 2024-02-16 21:31
American Axle & Manufacturing (AXL) reported $1.46 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 5.1%. EPS of -$0.09 for the same period compares to -$0.07 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.45 billion, representing a surprise of +1.20%. The company delivered an EPS surprise of +43.75%, with the consensus EPS estimate being -$0.16.While investors closely watch year-over-year changes in headline numbers -- revenue ...
American Axle & Manufacturing (AXL) Reports Q4 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-02-16 21:11
American Axle & Manufacturing (AXL) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 43.75%. A quarter ago, it was expected that this maker of auto parts would post a loss of $0.04 per share when it actually produced a loss of $0.11, delivering a surprise of -175%.Over the last four quarters, ...