On Monday, American Axle & Manufacturing Holdings Inc (NYSE: AXL) was 5.00% up from the session before settling in for the closing price of $6.00. A 52-week range for AXL has been $5.43 – $8.99.
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Annual sales at Consumer Cyclical sector company slipped by -2.26% over the past five years. When this article was written, the company’s average yearly earnings per share was at 422.25%. With a float of $111.55 million, this company’s outstanding shares have now reached $117.10 million.
Let’s look at the performance matrix of the company that is accounted 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) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward American Axle & Manufacturing Holdings Inc stocks. The insider ownership of American Axle & Manufacturing Holdings Inc is 5.13%, while institutional ownership is 93.09%.
American Axle & Manufacturing Holdings Inc (AXL) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.11 earnings per share (EPS) during the time that was less than consensus figure (set at -0.01) by -0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 422.25% per share during the next fiscal year.
American Axle & Manufacturing Holdings Inc (NYSE: AXL) Trading Performance Indicators
You can see what American Axle & Manufacturing Holdings Inc (AXL) is doing with its current performance indicators. In the most recent quarter, the stock posted 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 3.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.01, a number that is poised to hit -0.05 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)
American Axle & Manufacturing Holdings Inc (NYSE: AXL) saw its 5-day average volume 1.65 million, a positive change from its year-to-date volume of 1.56 million. As of the previous 9 days, the stock’s Stochastic %D was 32.78%. 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 37.74%, which indicates a significant decrease from 61.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.73% in the past 14 days, which was lower than the 39.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.15, while its 200-day Moving Average is $6.99. Nevertheless, the first resistance level for the watch stands at $6.40 in the near term. At $6.49, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.68. If the price goes on to break the first support level at $6.12, it is likely to go to the next support level at $5.93. The third support level lies at $5.84 if the price breaches the second support level.
American Axle & Manufacturing Holdings Inc (NYSE: AXL) Key Stats
There are 117,553K outstanding shares of the company, which has a market capitalization of 740.75 million. As of now, sales total 6,080 M while income totals -33,600 K. Its latest quarter income was 1,632 M while its last quarter net income were 17,500 K.
