American Axle & Manufacturing Holdings, Inc. (NYSE:DCH) Receives Consensus Recommendation of “Hold” from Analysts

American Axle & Manufacturing Holdings, Inc. (NYSE:DCH) has been given an average recommendation of “Hold” by the six research firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $10.25.

A number of equities research analysts have recently commented on DCH shares. Weiss Ratings started coverage on shares of American Axle & Manufacturing in a research note on Wednesday, March 11th. They set a “sell (d)” rating on the stock. Wall Street Zen cut shares of American Axle & Manufacturing from a “buy” rating to a “hold” rating in a research note on Sunday. Stifel Nicolaus raised their price objective on shares of American Axle & Manufacturing from $6.70 to $7.00 and gave the stock a “hold” rating in a research note on Monday, May 11th. TD Cowen dropped their price objective on shares of American Axle & Manufacturing from $8.00 to $7.00 and set a “hold” rating on the stock in a research note on Wednesday, April 15th. Finally, Royal Bank Of Canada raised their price objective on shares of American Axle & Manufacturing from $9.00 to $10.00 and gave the stock an “outperform” rating in a research note on Monday, May 11th.

American Axle & Manufacturing Trading Down 0.1%

DCH opened at $6.35 on Monday. American Axle & Manufacturing has a 12-month low of $3.94 and a 12-month high of $9.25. The company has a quick ratio of 1.04, a current ratio of 1.40 and a debt-to-equity ratio of 3.43. The stock has a market cap of $1.51 billion, a price-to-earnings ratio of -8.36, a PEG ratio of 0.30 and a beta of 1.52. The stock’s 50 day simple moving average is $5.88.

American Axle & Manufacturing (NYSE:DCH) last posted its quarterly earnings results on Friday, May 8th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.38. American Axle & Manufacturing had a negative net margin of 1.87% and a positive return on equity of 13.65%. The company had revenue of $2.38 billion during the quarter. American Axle & Manufacturing’s revenue was up 68.6% on a year-over-year basis. As a group, analysts predict that American Axle & Manufacturing will post 0.7 EPS for the current fiscal year.

About American Axle & Manufacturing

American Axle & Manufacturing is a U.S.-based designer, engineer and manufacturer of driveline and drivetrain systems and components for the automotive and light- and heavy-vehicle markets. The company produces a range of mechanical and electromechanical products including axles, driveshafts, differential systems, halfshafts, transmission components, and related sealing and suspension parts. Its product portfolio serves passenger cars, light trucks, commercial vehicles and off-highway applications.

Beyond component manufacturing, the company provides integrated engineering services such as product development, testing and system integration to help vehicle manufacturers meet performance, weight and fuel-economy targets.