The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for American Axle & Manufacturing Holdings Inc. (AXL) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.68, or -8.25%, to $7.56. Volume reached 37,181 shares, with price reaching a high of $7.76 and a low of $7.76. Yahoo Finance discussed the stock recently as it posted AAM Recognized with Three PACE Awards for Innovative EV Technology.
The company is listed on the NYSE and operates within the Auto Parts industry segment. At the end of the last regular session, the stock closed at $7.76 and fluctuated between $8.24 as its day high and $7.72 as its day low. The current market capitalization of American Axle & Manufacturing Holdings Inc. is $915.52M. A total of 2.54 million shares were traded on the day, compared to an average of 1.43M shares.
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, AXL has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 16 BUYs and 7 SELLs from insiders. Insiders purchased 952,501 shares during that period but sold 114,343.
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. AXL’s most recent ex-dividend date was 12/04/2008 when it declared a $0.02 quarterly dividend that was paid in cash on 12/29/2008. Previously, the company paid the dividend on 09/26/2008 with an ex-dividend date of 09/03/2008. The dividend was $0.02 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for AXL in the last 3 months, the mean price target is $10.43 with high estimates of $13.00 and low estimates of $8.50. In terms of 52-week highs and lows, AXL has a high of $11.96 and a low of $6.36.
As of this writing, AXL has an earnings estimate of $0.24 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.34 per share and a lower estimate of $0.15. The company reported an EPS of $0.22 in the last quarter, which was 83.33% higher than expectations of $0.12.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 8 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AXL is Overweight with a score of 3.50. A total of 3 analysts rated the stock as Buy while 0 rated it as Overweight while 5 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.