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

American Axle & Manufacturing (NYSE:DCH)‘s stock had its “buy” rating restated by equities researchers at BWS Financial in a report issued on Tuesday,Benzinga reports. They currently have a $17.00 target price on the stock. BWS Financial’s price objective points to a potential upside of 138.76% from the stock’s previous close.

A number of other analysts have also weighed in on the company. 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 report on Tuesday. Finally, Weiss Ratings began coverage on American Axle & Manufacturing in a report on Thursday, February 5th. They issued a “hold (c-)” rating for the company. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, American Axle & Manufacturing presently has an average rating of “Hold” and a consensus price target of $13.50.

American Axle & Manufacturing Price Performance

Shares of DCH stock traded down $0.13 on Tuesday, hitting $7.12. The stock had a trading volume of 3,744,850 shares, compared to its average volume of 7,965,321. American Axle & Manufacturing has a 1 year low of $3.00 and a 1 year high of $9.25. The company has a current ratio of 1.77, a quick ratio of 1.43 and a debt-to-equity ratio of 3.61. The company has a market capitalization of $845.14 million, a PE ratio of -39.55 and a beta of 1.60.

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