American Axle & Manufacturing’s (DCH) “Buy” Rating Reiterated at BWS Financial

BWS Financial reiterated their buy rating on shares of American Axle & Manufacturing (NYSE:DCH) in a research report report published on Monday morning,Benzinga reports. BWS Financial currently has a $17.00 price target on the stock.

A number of other equities research analysts have also recently commented on DCH. Wall Street Zen downgraded American Axle & Manufacturing from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. UBS Group reduced their target price on American Axle & Manufacturing from $9.50 to $9.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of American Axle & Manufacturing in a research note on Monday, June 8th. Stifel Nicolaus upped their price objective on shares of American Axle & Manufacturing from $6.00 to $7.00 and gave the company a “hold” rating in a research report on Monday. Finally, Royal Bank Of Canada raised their price objective on American Axle & Manufacturing from $10.00 to $11.00 and gave the stock an “outperform” rating in a research note on Monday, July 13th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, American Axle & Manufacturing has a consensus rating of “Hold” and a consensus price target of $9.57.

American Axle & Manufacturing Price Performance

DCH opened at $6.82 on Monday. The business’s 50 day simple moving average is $5.79. American Axle & Manufacturing has a fifty-two week low of $4.91 and a fifty-two week high of $9.25. The company has a market capitalization of $1.62 billion, a P/E ratio of -6.31, a price-to-earnings-growth ratio of 0.24 and a beta of 1.60. The company has a debt-to-equity ratio of 3.32, a quick ratio of 1.02 and a current ratio of 1.40.

American Axle & Manufacturing (NYSE:DCH) last announced its quarterly earnings data on Friday, August 7th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.18. The firm had revenue of $2.96 billion for the quarter. American Axle & Manufacturing had a negative net margin of 2.01% and a positive return on equity of 15.94%. As a group, analysts expect that American Axle & Manufacturing will post 0.89 EPS for the current year.

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.