American Axle & Manufacturing Holdings, Inc. stock performance trend indicates that the stock price has rallied 6.65% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 18.35% . Looking at the past 52 week period, the stock price is up at 31.65% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of American Axle & Manufacturing Holdings, Inc. has a positive value of 31.53 compared to overall market.American Axle & Manufacturing Holdings, Inc. is having a Relative Strength Index of 53.13 which indicates the stock is not yet over sold or over bought based on the technical indicators.
American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) has climbed 4.19% in the past week and advanced 0.94% in the last 4 weeks. The company has outperformed the S&P 500 by 3.94% in the past week but underperformed the index by 0.21% in the last 4 weeks.
Company shares have received an average consensus rating of Hold for the current week American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.26 points or 1.26% at $20.38 with 1,808,307 shares getting traded. Post opening the session at $20.7, the shares hit an intraday low of $20.22 and an intraday high of $20.77 and the price was in this range throughout the day. The company has a market cap of $1,559 million and the number of outstanding shares has been calculated to be 76,478,463 shares. The 52-week high of American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) is $21.2499 and the 52-week low is $12.61.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.American Axle & Manufact. Holdings was Reiterated by FBR & Co. to Underperform on Feb 13, 2017. American Axle & Manufact. Holdings was Downgraded by Citigroup to Neutral on Feb 13, 2017. Company shares were Upgraded by RBC Capital Mkts on Dec 20, 2016 to Outperform, Raises Price Target to $ 23 from a previous price target of $16 .
Company has reported several Insider transactions to the SEC, on Dec 15, 2016, Peter David Lyons (director) purchased 5,000 shares at 17.50 per share price.On Nov 15, 2016, David C Dauch (CEO) purchased 50,000 shares at 14.43 per share price.On Nov 10, 2016, Samuel Iii Valenti (director) purchased 10,000 shares at 13.44 per share price.
American Axle & Manufact. Holdings Last issued its quarterly earnings results on Feb 10, 2017. The company reported $0.59 EPS for the quarter, missing the analyst consensus estimate by $ -0.08. Analyst had a consensus of $0.67. The company had revenue of $946.50 million for the quarter, compared to analysts expectations of $965.42 million. The companys revenue was down -1.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.81 EPS.
American Axle & Manufacturing Holdings Inc. is a world leader in the design, engineering and manufacture of driveline systems for light trucks and sport utility vehicles. The companys product lines include rear axles, independent front four-wheel drive axles, all-wheel-drive system components, independent rear-drive systems, TracRite differentials, propeller shafts, steering linkages, anti-roll systems, steering & suspension systems, and forged products. (PRESS RELEASE)