American Axle & Manufacturing Holdings Inc. (NYSE: AXL) open the trading on September 16, 2020, with a bit cautious approach as it glided -13.05% to $6.73. During the day, the stock rose to $7.68 and sunk to $6.60 before settling in for the price of $7.74 at the close. Taking a more long-term approach, AXL posted a 52-week range of $2.50-$11.26.
The Consumer Cyclical sector firm’s twelve-monthly sales growth has been 12.10% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -34.10%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -737.40%. This publicly-traded company’s shares outstanding now amounts to $113.10 million, simultaneously with a float of $111.25 million. The organization now has a market capitalization sitting at $755.24 million. At the time of writing, stock’s 50-day Moving Average stood at $7.47, while the 200-day Moving Average is $7.23.
It is quite necessary to find out the efficiency of the corporate organization, which has 20000 number of employees on its payroll. It has generated 326,545 per worker during the last fiscal year. Meanwhile, its income per employee was -24,225. The stock had 7.19 Receivables turnover and 0.92 Total Asset turnover. For the Profitability, stocks gross margin was +12.26, operating margin was +6.68 and Pretax Margin of -8.16.
American Axle & Manufacturing Holdings Inc. (AXL) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Auto Parts industry. American Axle & Manufacturing Holdings Inc.’s current insider ownership accounts for 0.80%, in contrast to 95.90% institutional ownership. According to the most recent insider trade that took place on Mar 10, this organization’s Director bought 10,000 shares at the rate of 4.68, making the entire transaction reach 46,846 in total value, affecting insider ownership by 76,268. Preceding that transaction, on Mar 06, Company’s Director bought 30,000 for 5.70, making the whole transaction’s value amount to 171,000. This particular insider is now the holder of 38,711 in total.
American Axle & Manufacturing Holdings Inc. (AXL) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 6/29/2020 suggests? It has posted -$1.79 earnings per share (EPS) beating the forecaster’s viewpoint (set at -$1.98) by $0.19. This company achieved a net margin of -7.42 while generating a return on equity of -39.37. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.
American Axle & Manufacturing Holdings Inc.’s EPS decrease for this current 12-month fiscal period is -737.40% and is forecasted to reach 0.42 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -4.64% through the next 5 years, which can be compared against the -34.10% growth it accomplished over the previous five years trading on the market.
American Axle & Manufacturing Holdings Inc. (NYSE: AXL) Trading Performance Indicators
Let’s observe the current performance indicators for American Axle & Manufacturing Holdings Inc. (AXL). It’s Quick Ratio in the last reported quarter now stands at 1.30. The Stock has managed to achieve an average true range (ATR) of 0.44. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.15. Similarly, its price to free cash flow for trailing twelve months is now 1.15.
In the same vein, AXL’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -11.48, a figure that is expected to reach 0.07 in the next quarter, and analysts are predicting that it will be 0.42 at the market close of one year from today.
Technical Analysis of American Axle & Manufacturing Holdings Inc. (AXL)
[American Axle & Manufacturing Holdings Inc., AXL] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 26.76% While, its Average True Range was 0.47.
Raw Stochastic average of American Axle & Manufacturing Holdings Inc. (AXL) in the period of the previous 100 days is set at 53.39%, which indicates a major rise in contrast to 6.74% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 78.33% that was lower than 82.36% volatility it exhibited in the past 100-days period.