American Axle & Manufacturing Holdings Inc (NYSE: AXL) kicked off on Friday, up 0.32% from the previous trading day, before settling in for the closing price of $6.29. Over the past 52 weeks, AXL has traded in a range of $5.43-$8.99.
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During the last 5-year period, the sales drop of Consumer Cyclical Sector giant was -2.26%. While this was happening, its average annual earnings per share was recorded 419.40%. With a float of $110.89 million, this company’s outstanding shares have now reached $117.10 million.
Let’s determine the extent of company efficiency that accounts for 19000 employees. In terms of profitability, gross margin is 9.97%, operating margin of 3.48%, and the pretax margin is 0.63%.
American Axle & Manufacturing Holdings Inc (AXL) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Auto Parts Industry. The insider ownership of American Axle & Manufacturing Holdings Inc is 5.69%, while institutional ownership is 92.98%.
American Axle & Manufacturing Holdings Inc (AXL) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.11 earnings per share (EPS), lower than consensus estimate (set at -0.01) by -0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 419.40% per share during the next fiscal year.
American Axle & Manufacturing Holdings Inc (NYSE: AXL) Trading Performance Indicators
Take a look at American Axle & Manufacturing Holdings Inc’s (AXL) current performance indicators. Last quarter, stock had a quick ratio of 1.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.12. Likewise, its price to free cash flow for the trailing twelve months is 3.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.01, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach 0.48 in one year’s time.
Technical Analysis of American Axle & Manufacturing Holdings Inc (AXL)
Looking closely at American Axle & Manufacturing Holdings Inc (NYSE: AXL), its last 5-days average volume was 1.41 million, which is a drop from its year-to-date volume of 1.56 million. As of the previous 9 days, the stock’s Stochastic %D was 75.44%. Additionally, its Average True Range was 0.20.
During the past 100 days, American Axle & Manufacturing Holdings Inc’s (AXL) raw stochastic average was set at 37.77%, which indicates a significant decrease from 62.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.88% in the past 14 days, which was lower than the 39.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.16, while its 200-day Moving Average is $7.05. However, in the short run, American Axle & Manufacturing Holdings Inc’s stock first resistance to watch stands at $6.48. Second resistance stands at $6.66. The third major resistance level sits at $6.76. If the price goes on to break the first support level at $6.20, it is likely to go to the next support level at $6.10. Now, if the price goes above the second support level, the third support stands at $5.92.
American Axle & Manufacturing Holdings Inc (NYSE: AXL) Key Stats
The company with the Market Capitalisation of 741.93 million has total of 117,553K Shares Outstanding. Its annual sales at the moment are 6,080 M in contrast with the sum of -33,600 K annual income. Company’s last quarter sales were recorded 1,632 M and last quarter income was 17,500 K.
