Bank of America Begins Coverage on American Axle & Manufacturing (NYSE:DCH)

Bank of America initiated coverage on shares of American Axle & Manufacturing (NYSE:DCH) in a research note issued to investors on Wednesday, Marketbeat.com reports. The firm set a “neutral” rating on the stock.

DCH has been the subject of a number of other research reports. Jefferies Financial Group started coverage on American Axle & Manufacturing in a report on Thursday, February 19th. They issued a “buy” rating and a $10.35 price target for the company. BWS Financial reissued a “buy” rating and set a $17.00 target price on shares of American Axle & Manufacturing in a research report on Tuesday, February 17th. Weiss Ratings lowered shares of American Axle & Manufacturing from a “hold (c-)” rating to a “sell (d)” rating in a report on Thursday, February 19th. Wall Street Zen lowered shares of American Axle & Manufacturing from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 21st. Finally, Zacks Research cut shares of American Axle & Manufacturing from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 5th. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $11.34.

American Axle & Manufacturing Stock Down 4.1%

Shares of American Axle & Manufacturing stock opened at $5.83 on Wednesday. American Axle & Manufacturing has a twelve month low of $3.00 and a twelve month high of $9.25. The firm has a market cap of $1.38 billion, a P/E ratio of -32.39, a price-to-earnings-growth ratio of 0.34 and a beta of 1.61. The company has a debt-to-equity ratio of 6.31, a current ratio of 2.95 and a quick ratio of 2.57.

American Axle & Manufacturing (NYSE:DCH) last issued its quarterly earnings data on Friday, February 13th. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.09. American Axle & Manufacturing had a positive return on equity of 10.00% and a negative net margin of 0.34%.The company had revenue of $1.38 billion for the quarter. During the same quarter in the prior year, the firm earned ($0.06) EPS. The company’s revenue for the quarter was up .2% compared to the same quarter last year.

Trending Headlines about American Axle & Manufacturing

Here are the key news stories impacting American Axle & Manufacturing this week:

• Positive Sentiment: Deutsche Bank upgraded DCH from “hold” to “buy” and set an $8.00 price target (implies ~37% upside from recent levels). This is a clear bullish analyst signal that could support upside if other investors follow suit. Deutsche Bank Upgrade
• Neutral Sentiment: Bank of America initiated coverage with a “neutral” rating — a mixed signal that tempers the impact of upgrades and may limit immediate buying pressure. Bank of America Coverage
• Neutral Sentiment: Several recent third‑party analyses compare DCH to peers (reviews, head‑to‑head and critical comparisons). These pieces provide context on competitive position but contain no new company-specific data likely to trigger a sustained price move. Peer Comparison Articles
• Negative Sentiment: Company fundamentals could cap rallies: DCH has high leverage (debt-to-equity ~6.31) and a slightly negative net margin, which increases investor sensitivity to macro or sector weakness and may blunt enthusiasm from upbeat analyst notes.

American Axle & Manufacturing Company Profile

American Axle & Manufacturing is a U.S.-based designer, engineer and manufacturer of driveline and drivetrain systems and components for the automotive and light- and heavy-vehicle markets. The company produces a range of mechanical and electromechanical products including axles, driveshafts, differential systems, halfshafts, transmission components, and related sealing and suspension parts. Its product portfolio serves passenger cars, light trucks, commercial vehicles and off-highway applications.

Beyond component manufacturing, the company provides integrated engineering services such as product development, testing and system integration to help vehicle manufacturers meet performance, weight and fuel-economy targets.