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Saturday, June 3, 2023

Value Investing Philosophy And American Axle & Manufacturing Holdings Inc. (NYSE: AXL)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for American Axle & Manufacturing Holdings Inc. (AXL) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $7.41. The American Axle & Manufacturing Holdings Inc. has recorded 16,735 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that AAM Invests in EnerTech Global Strategic Mobility Fund.

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Stocks Info

AXL belongs to the Consumer Cyclical sector of the NYSE while operating in the Auto Parts industry. At the end of the last regular session, the stock closed at $7.41 and fluctuated between $7.63 as its day high and $6.97 as its day low. The current market capitalization of American Axle & Manufacturing Holdings Inc. is $787.31M. A total of 1.63 million shares were traded on the day, compared to an average of 1.02M shares.

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, AXL has seen 14 BUY and 20 SELL insider trades, representing the acquisition of 2,103,417 and the disposition of 1,504,535 shares. Over the last 12 months, there were 14 BUYs and 20 SELLs from insiders. Insiders purchased 2,103,417 shares during that period but sold 1,504,535.

In the most recent transaction, Barnes David Eugene sold 29,533 shares of AXL for 9.00 per share on Mar 01. After the transaction, the VP & General Counsel now owns 104,621 company shares. In a previous transaction on Feb 22, WILLEMSE NORMAN sold 59,265 shares at 9.00 per share. AXL shares that President Forging owns now total 297,435.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for AXL in the last 3 months, the mean price target is $9.75 with high estimates of $12.00 and low estimates of $8.00. 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 -$0.06 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $0 per share and a lower estimate of -$0.15. The company reported an EPS of $0.27 in the last quarter, which was 12.50% higher than expectations of $0.24.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. AXL’s latest balance sheet shows that the firm has $530.20M in Cash & Short Term Investments as of fiscal 2021. There were $3.23B in debt and $1.04B in liabilities at the time. Its Book Value Per Share was $5.46, while its Total Shareholder’s Equity was $457.80M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 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 Buy with a score of 3.33.

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