TheStreet upgraded shares of American Axle & Manufact. (NYSE:AXL) from a c rating to a b- rating in a research note released on Wednesday.

Several other equities analysts also recently commented on AXL. Zacks Investment Research downgraded shares of American Axle & Manufact. from a hold rating to a strong sell rating in a research note on Friday, November 16th. Morgan Stanley set a $19.00 price target on shares of American Axle & Manufact. and gave the stock a buy rating in a research note on Tuesday, January 29th. Barclays set a $15.00 price objective on shares of American Axle & Manufact. and gave the stock a buy rating in a report on Monday, November 5th. Royal Bank of Canada dropped their price target on shares of American Axle & Manufact. from $25.00 to $16.00 and set an outperform rating on the stock in a research report on Monday, November 5th. Finally, ValuEngine raised shares of American Axle & Manufact. from a strong sell rating to a sell rating in a research report on Saturday, February 2nd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the stock. American Axle & Manufact. presently has an average rating of Hold and an average price target of $16.50.

American Axle & Manufact. stock opened at $16.83 on Wednesday. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.63 and a quick ratio of 1.31. American Axle & Manufact. has a 12 month low of $10.13 and a 12 month high of $19.34. The firm has a market capitalization of $1.88 billion, a price-to-earnings ratio of 4.49, a price-to-earnings-growth ratio of 0.58 and a beta of 1.65.

American Axle & Manufact. (NYSE:AXL) last announced its quarterly earnings data on Friday, February 15th. The auto parts company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.03. American Axle & Manufact. had a return on equity of 25.19% and a net margin of 5.62%. The company had revenue of $1.69 billion for the quarter, compared to analysts’ expectations of $1.68 billion. During the same quarter in the prior year, the firm earned $0.89 earnings per share. American Axle & Manufact.’s revenue was down 2.3% compared to the same quarter last year. Equities research analysts forecast that American Axle & Manufact. will post 3.28 earnings per share for the current year.

A number of institutional investors have recently bought and sold shares of the stock. O Shaughnessy Asset Management LLC purchased a new stake in American Axle & Manufact. in the fourth quarter valued at $45,000. Dubuque Bank & Trust Co. purchased a new position in shares of American Axle & Manufact. in the 4th quarter valued at $48,000. Advisory Services Network LLC grew its holdings in American Axle & Manufact. by 535.0% during the 4th quarter. Advisory Services Network LLC now owns 4,458 shares of the auto parts company’s stock valued at $49,000 after purchasing an additional 3,756 shares in the last quarter. Advisor Group Inc. boosted its holdings in shares of American Axle & Manufact. by 119.8% in the 4th quarter. Advisor Group Inc. now owns 5,002 shares of the auto parts company’s stock valued at $56,000 after buying an additional 2,726 shares during the period. Finally, Bessemer Group Inc. bought a new stake in American Axle & Manufact. in the 4th quarter valued at about $58,000. Hedge funds and other institutional investors own 98.64% of the company’s stock.

About American Axle & Manufact.

American Axle & Manufacturing Holdings, Inc, together with its subsidiaries, designs, engineers, validates, and manufactures driveline, metal forming, powertrain, and casting products. The company's Driveline segment offers axles, driveshafts, power transfer units, rear drive modules, transfer cases, and electric and hybrid driveline products and systems for light trucks, sport utility vehicles, crossover vehicles, passenger cars, and commercial vehicles.

Featured Story: Quiet Period

Analyst Recommendations for American Axle & Manufact. (NYSE:AXL)

Receive News & Ratings for American Axle & Manufact. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Axle & Manufact. and related companies with MarketBeat.com's FREE daily email newsletter.