American Axle & Manufacturing (AXL)
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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, ...
American Axle & Manufacturing (AXL) - 2023 Q4 - Earnings Call Transcript
2024-02-16 20:50
American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) Q4 2023 Earnings Conference Call February 16, 2024 10:00 AM ET Company Participants David Lim - Head of Investor Relations David Dauch - Chairman and Chief Executive Officer Christopher May - Executive Vice President and Chief Financial Officer Conference Call Participants Dan Levy - Barclays James Picariello - BNP Paribas John Murphy - Bank of America Winnie Dong - Deutsche Bank Joseph Spak - UBS Tom Narayan - RBC Capital Markets Operator Good morning ...
American Axle & Manufacturing (AXL) - 2023 Q4 - Annual Report
2024-02-16 16:32
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission file number 1-14303 AMERICAN AXLE & MANUFACTURING HOLDINGS, INC. (Exact name of registrant as specified in its charter) | --- | --- | --- | --- ...