American Axle & Manufacturing (NYSE:DCH) Receives “Buy” Rating from BWS Financial

BWS Financial reaffirmed their buy rating on shares of American Axle & Manufacturing (NYSE:DCH) in a research report released on Tuesday,Benzinga reports. They currently have a $17.00 target price on the stock.

Several other research firms have also issued reports on DCH. Zacks Research lowered American Axle & Manufacturing from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 5th. Royal Bank Of Canada cut their target price on American Axle & Manufacturing from $12.00 to $10.00 and set an “outperform” rating on the stock in a research note on Tuesday. Finally, Weiss Ratings assumed coverage on American Axle & Manufacturing in a research report on Thursday, February 5th. They set a “hold (c-)” rating for the company. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $13.50.

American Axle & Manufacturing Trading Up 0.4%

Shares of DCH opened at $7.28 on Tuesday. The firm has a market capitalization of $864.14 million, a price-to-earnings ratio of 13.68 and a beta of 1.60. American Axle & Manufacturing has a 52 week low of $3.00 and a 52 week high of $9.25. The company has a debt-to-equity ratio of 3.61, a quick ratio of 1.43 and a current ratio of 1.77.

American Axle & Manufacturing (NYSE:DCH) last released its earnings results on Friday, February 13th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.09. The company had revenue of $1.38 billion for the quarter. American Axle & Manufacturing had a negative net margin of 0.34% and a positive return on equity of 9.92%. The business’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.06) earnings per share.

About American Axle & Manufacturing

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.