Dowlais deal shows crisis in the UK stock market is getting worse It should be the GKN Automotive owner taking over its US rival American Axle, not the other way around The Guardian - UK · Jan 29, 2025
Stock of the Week Under $10: American Axle & Manufacturing The recent United Auto Workers strike has taken its toll on both automakers and the large number of companies that supply them. This temporary bump in the road may provide an opportunity to pick up certain auto related stocks at prices that otherwise wouldn’t be available. American Axle Manufacturing (AXL)… StockNews.com · Oct 27, 2023
American Axle & Manufacturing (AXL) Q2 Earnings And Revenues Beat Estimates American Axle & Manufacturing (NYSE: AXL) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for non-recurring items. Benzinga · Aug 5, 2022
5 Small-Cap S&P Stocks To Buy With The Most Upside The S&P 500 is one of the most popular U.S. stock indices and is often what investors and experts are referring to when they mention the "stock market." However, there's more to the market than large-cap stocks. Benzinga · May 26, 2022
American Axle Q1 Earnings Beat Estimates; Trims FY22 Outlook Amid Supply Chain Volatility American Axle & Manufacturing Holdings Inc (NYSE:AXL) reported first-quarter FY22 sales growth of nearly 1% year-on-year to $1.44 billion, beating the consensus of $1.35 billion. The company noted the semiconductor chip shortage unfavorably impacted its Q1 sales. Adjusted EPS of $0.19 beat the analyst consensus of $0.02. The gross profit fell 17.7% Y/Y… Benzinga · May 6, 2022
American Axle & Manufacturing Acquires Tekfor For €125M American Axle & Manufacturing Holdings Inc (NYSE:AXL) has agreed to acquire Tekfor Group for an enterprise value of €125 million. Tekfor Group specializes in automotive fasteners and metal-formed components for driveline, powertrain, and E-mobility applications. Tekfor generated sales of approximately €285 million in 2021. "This acquisition leverages the core strengths of AAM with significant… Benzinga · Apr 11, 2022
Morgan Stanley Sees Sharp Upside In This Automobile Components Manufacturer Morgan Stanley analyst Adam Jonas upgraded American Axle & Manufacturing Holdings Inc (NYSE:AXL) to Overweight from Underweight with a price target of $16, up from $8, implying a 77% upside. While many other legacy OEMs and suppliers plough cash flow into EV projects that "will likely not generate their cost of capital," Jonas thinks American… Benzinga · Feb 28, 2022
American Axle & Manufacturing Stock Slides After Q4 Earnings Miss American Axle & Manufacturing Holdings Inc (NYSE:AXL) reported a fourth-quarter FY21 sales decline of 14% year-on-year, to $1.24 billion, missing the analyst consensus of $1.28 billion. The company noted its Q4 sales were unfavorably impacted by the semiconductor chip shortage impacting the automotive industry by $137 million. Adjusted EPS loss of $(0.09) missed… Benzinga · Feb 11, 2022