Zacks Research Brokers Lower Earnings Estimates for American Axle & Manufacturing Holdings, Inc. (NYSE:AXL)

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) – Research analysts at Zacks Research dropped their Q1 2026 earnings per share estimates for shares of American Axle & Manufacturing in a research note issued to investors on Friday, April 26th. Zacks Research analyst R. Department now forecasts that the auto parts company will post earnings of $0.16 per share for the quarter, down from their prior estimate of $0.18. The consensus estimate for American Axle & Manufacturing’s current full-year earnings is $0.34 per share. Zacks Research also issued estimates for American Axle & Manufacturing’s FY2026 earnings at $0.83 EPS.

Several other analysts also recently weighed in on AXL. UBS Group upgraded American Axle & Manufacturing from a “sell” rating to a “neutral” rating and set a $7.00 price target on the stock in a research note on Wednesday, February 28th. StockNews.com raised American Axle & Manufacturing from a “hold” rating to a “buy” rating in a research report on Monday, April 8th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $7.70.

American Axle & Manufacturing Stock Performance

American Axle & Manufacturing stock opened at $7.52 on Monday. The company has a quick ratio of 1.27, a current ratio of 1.67 and a debt-to-equity ratio of 4.55. The company has a market capitalization of $883.90 million, a P/E ratio of -26.86, a PEG ratio of 2.71 and a beta of 2.22. The stock’s 50 day moving average is $7.09 and its 200 day moving average is $7.48. American Axle & Manufacturing has a twelve month low of $6.29 and a twelve month high of $9.55.

American Axle & Manufacturing (NYSE:AXL) last posted its earnings results on Friday, February 16th. The auto parts company reported ($0.09) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.10. American Axle & Manufacturing had a negative return on equity of 1.78% and a negative net margin of 0.55%. The firm had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.42 billion. During the same quarter in the prior year, the business earned ($0.07) EPS. The business’s revenue for the quarter was up 5.3% on a year-over-year basis.

Institutional Investors Weigh In On American Axle & Manufacturing

Large investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC purchased a new stake in shares of American Axle & Manufacturing in the third quarter valued at approximately $457,000. Handelsbanken Fonder AB lifted its holdings in American Axle & Manufacturing by 76.8% during the third quarter. Handelsbanken Fonder AB now owns 27,478 shares of the auto parts company’s stock worth $199,000 after buying an additional 11,932 shares during the period. New York State Teachers Retirement System increased its position in shares of American Axle & Manufacturing by 1.9% during the third quarter. New York State Teachers Retirement System now owns 154,347 shares of the auto parts company’s stock worth $1,121,000 after purchasing an additional 2,818 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of American Axle & Manufacturing by 44.0% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 23,728 shares of the auto parts company’s stock worth $172,000 after purchasing an additional 7,249 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in shares of American Axle & Manufacturing by 20.5% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,205,502 shares of the auto parts company’s stock worth $8,752,000 after purchasing an additional 204,700 shares in the last quarter. 91.41% of the stock is owned by institutional investors.

About American Axle & Manufacturing

American Axle & Manufacturing Holdings, Inc, together with its subsidiaries, designs, engineers, and manufactures driveline and metal forming technologies that supports electric, hybrid, and internal combustion vehicles. It operates through two segments, Driveline and Metal Forming segments. The Driveline segment offers front and rear axles, driveshafts, differential assemblies, clutch modules, balance shaft systems, disconnecting driveline technology, and electric and hybrid driveline products and systems for light trucks, sport utility vehicles, crossover vehicles, passenger cars, and commercial vehicles.