American Axle & Manufact. (AXL) Receives Media Sentiment Rating of 0.20

News headlines about American Axle & Manufact. (NYSE:AXL) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. American Axle & Manufact. earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned news articles about the auto parts company an impact score of 46.4063319765881 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the media stories that may have impacted Accern’s analysis:

American Axle & Manufact. (AXL) opened at $17.12 on Wednesday. The stock has a market capitalization of $1,955.37, a P/E ratio of 4.80, a price-to-earnings-growth ratio of 0.60 and a beta of 1.35. The company has a quick ratio of 1.41, a current ratio of 1.72 and a debt-to-equity ratio of 2.90. American Axle & Manufact. has a fifty-two week low of $13.38 and a fifty-two week high of $21.25.

American Axle & Manufact. (NYSE:AXL) last announced its quarterly earnings results on Friday, November 3rd. The auto parts company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.21. The business had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.63 billion. American Axle & Manufact. had a return on equity of 36.26% and a net margin of 5.07%. The company’s quarterly revenue was up 71.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.78 earnings per share. equities analysts expect that American Axle & Manufact. will post 3.63 EPS for the current year.

Several brokerages recently commented on AXL. B. Riley restated a “sell” rating on shares of American Axle & Manufact. in a research report on Wednesday, November 1st. Morgan Stanley restated an “underweight” rating and set a $16.00 target price (up previously from $11.00) on shares of American Axle & Manufact. in a research report on Tuesday. ValuEngine upgraded American Axle & Manufact. from a “hold” rating to a “buy” rating in a research report on Tuesday, September 26th. Zacks Investment Research upgraded American Axle & Manufact. from a “sell” rating to a “hold” rating and set a $20.00 price target on the stock in a report on Monday, October 16th. Finally, KeyCorp reiterated a “hold” rating on shares of American Axle & Manufact. in a report on Sunday, September 17th. Five analysts have rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the stock. American Axle & Manufact. currently has a consensus rating of “Hold” and an average target price of $20.10.

In other news, major shareholder American Securities Llc sold 15,000,000 shares of the stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $17.37, for a total value of $260,550,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director George Thanopoulos sold 125,000 shares of the stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $15.03, for a total value of $1,878,750.00. Following the completion of the sale, the director now directly owns 1,001,986 shares of the company’s stock, valued at $15,059,849.58. The disclosure for this sale can be found here. In the last quarter, insiders sold 15,753,832 shares of company stock worth $273,191,537. Corporate insiders own 0.96% of the company’s stock.

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American Axle & Manufact. Company Profile

American Axle & Manufacturing Holdings, Inc (AAM) manufactures, engineers, designs and validates driveline and drivetrain systems and related components and chassis modules for light trucks, sport utility vehicles, crossover vehicles, passenger cars and commercial vehicles. Its driveline and drivetrain systems include components that transfer power from the transmission and deliver it to the drive wheels.

Insider Buying and Selling by Quarter for American Axle & Manufact. (NYSE:AXL)

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