American Axle & Manufacturing Holdings, Inc. (NYSE:DCH) Given Consensus Recommendation of “Hold” by Analysts

Shares of American Axle & Manufacturing Holdings, Inc. (NYSE:DCH) have received a consensus recommendation of “Hold” from the five ratings firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and three have issued a buy recommendation on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $12.45.

Several equities research analysts recently issued reports on the company. Royal Bank Of Canada dropped their price target on American Axle & Manufacturing from $12.00 to $10.00 and set an “outperform” rating on the stock in a research report on Tuesday. Weiss Ratings began coverage on shares of American Axle & Manufacturing in a report on Thursday, February 5th. They set a “hold (c-)” rating on the stock. Zacks Research downgraded shares of American Axle & Manufacturing from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 5th. Jefferies Financial Group began coverage on shares of American Axle & Manufacturing in a research report on Thursday. They set a “buy” rating and a $10.35 price objective for the company. Finally, Wall Street Zen lowered shares of American Axle & Manufacturing from a “strong-buy” rating to a “buy” rating in a research note on Saturday.

American Axle & Manufacturing Price Performance

Shares of DCH opened at $6.98 on Friday. American Axle & Manufacturing has a 1 year low of $3.00 and a 1 year high of $9.25. The company has a market cap of $828.53 million, a P/E ratio of -38.78, a PEG ratio of 0.39 and a beta of 1.60. The company has a current ratio of 2.95, a quick ratio of 1.43 and a debt-to-equity ratio of 6.31.

American Axle & Manufacturing (NYSE:DCH) last released 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. The business had revenue of $1.38 billion during the quarter. American Axle & Manufacturing had a positive return on equity of 10.00% and a negative net margin of 0.34%.The company’s quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.06) earnings per share.

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.