American Axle & Manufacturing (NYSE:DCH) Issues Earnings Results

American Axle & Manufacturing (NYSE:DCH) issued its earnings results on Friday. The company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.08, FiscalAI reports. The business had revenue of $2.91 billion for the quarter. American Axle & Manufacturing had a negative net margin of 2.01% and a positive return on equity of 15.94%.

Here are the key takeaways from American Axle & Manufacturing’s conference call:

• Adjusted EPS fell to $0.22 from $0.30 a year earlier, adjusted EBITDA margin declined to 12.3% from 13.0%, and Dauch reported a $45.3 million GAAP net loss.
• Dauch raised its 2026 sales outlook to $10.8–$10.875 billion but lowered adjusted EBITDA guidance to $1.35–$1.375 billion, citing inflation, supplier stress and production volatility; free cash flow guidance was narrowed to $270–$310 million.
• The company has achieved $100 million in run-rate synergies after three quarters as a combined business, putting it ahead of its year-one goal; management remains committed to its longer-term $300 million synergy target.
• Adjusted free cash flow was $126.7 million, up from $98.1 million a year earlier. Dauch ended the quarter at 2.6x net leverage, with no significant debt maturities until 2029, and said debt reduction remains a priority.
• Dauch won next-generation driveline business for a European luxury SUV and sideshaft content for a military vehicle, extending its opportunities beyond traditional passenger vehicles.

American Axle & Manufacturing Stock Up 2.9%

Shares of NYSE DCH traded up $0.13 during midday trading on Friday, reaching $4.55. 7,349,698 shares of the company’s stock traded hands, compared to its average volume of 4,486,449. The company has a quick ratio of 1.02, a current ratio of 1.40 and a debt-to-equity ratio of 3.32. The stock’s 50 day simple moving average is $5.53 and its 200-day simple moving average is $5.83. American Axle & Manufacturing has a one year low of $4.41 and a one year high of $9.25. The company has a market cap of $1.08 billion, a price-to-earnings ratio of -4.21, a P/E/G ratio of 0.16 and a beta of 1.73.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Bank of America lowered American Axle & Manufacturing from a “buy” rating to an “underperform” rating and set a $5.00 price target for the company. in a report on Thursday, October 15th. Weiss Ratings restated a “sell (d)” rating on shares of American Axle & Manufacturing in a report on Friday, September 4th. UBS Group decreased their target price on American Axle & Manufacturing from $9.00 to $8.00 and set a “buy” rating for the company in a research report on Wednesday, October 7th. BWS Financial reiterated a “buy” rating and issued a $17.00 target price on shares of American Axle & Manufacturing in a report on Monday, August 10th. Finally, Barclays dropped their price target on American Axle & Manufacturing from $9.00 to $8.00 and set an “equal weight” rating on the stock in a research report on Friday, October 9th. Four investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, American Axle & Manufacturing presently has a consensus rating of “Hold” and a consensus target price of $8.90.

American Axle & Manufacturing Company Profile

American Axle & Manufacturing Holdings, Inc (NYSE: DCH) designs, engineers and manufactures driveline and metal-forming systems for the global automotive industry. Its products include axles, driveshafts, differentials, transfer cases, electric drive units and other components used in light trucks, SUVs, passenger cars and commercial vehicles.

The company also produces forged, cast and machined metal components, as well as chassis and powertrain parts. American Axle supplies original equipment manufacturers and serves vehicle programs across North America, South America, Europe and Asia.

American Axle was established in 1994 when it acquired several driveline manufacturing operations from General Motors.