American Axle & Manufacturing Holdings Inc (AXL) Stock Forecast & Predictions

American Axle & Manufacturing Holdings Inc AXL: $8.93

, , , . | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web:

  • Market Cap$1.09B
  • Change (52 Weeks)155.08%
  • Low (52 Weeks)$3.23
  • American Axle & Manufacturing Holdings Inc (AXL) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 18.75% are on Buy, 31.25% on Sell, and 50.00% Neutral.

    According to the market data, American Axle & Manufacturing Holdings Inc (AXL) stock price is $8.93 and the 52 weeks low is $3.23, which means the American Axle & Manufacturing Holdings Inc stock price is up 155.08% in the last 12 months.

    American Axle & Manufacturing Holdings Inc (AXL) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 18.75% are indicating that AXL Stock price might rise further, 31.25% indicating that AXL Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall AXL stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    American Axle & Manufacturing Holdings Inc (AXL) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for American Axle & Manufacturing Holdings Inc (AXL) is based on 14 Institutional Analyst Ratings where 21.43% are on Strong Buy, 21.43% on Moderate Buy, 42.86% remains on Hold, 0.00% are on Moderate Sell and 14.29% are on Strong Sell.

    Out of 14 Institutional Analysts, majority recommended AXL stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of American Axle & Manufacturing Holdings Inc.

    American Axle & Manufacturing Holdings Inc (AXL) Stock Price Prediction By Analysts


    HighLowAverage
    $14.70$6.06$10.84
    $10.8421.36% Upside
    Updated: 2021-04-12 00:00:00

    The Average Price target for AXL set by the institutional analysts is $10.84 where High Estimate is $14.70, Median $11.22 and Low $6.06.

    The average price target for AXL by Institutional Analysts is $10.84, which is 21.36% Upside from the current price. So according to the Institutional Analysts, AXL Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    American Axle & Manufacturing Holdings Inc (AXL) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Morgan StanleyUnderweightDowngraded
    CitigroupNeutralDowngraded
    Credit SuisseNeutralMaintained
    Deutsche BankHoldMaintained
    B of A SecuritiesBuyMaintained
    Credit SuisseNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    B of A SecuritiesBuyMaintained
    Deutsche BankHoldMaintained
    Credit SuisseNeutralMaintained
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    Credit SuisseNeutralDowngraded
    Morgan StanleyEqual-WeightDowngraded
    CitigroupBuyMaintained
    Morgan StanleyOverweightMaintained
    JP MorganOverweightMaintained
    Buckingham ResearchBuyUpgraded
    BarclaysEqual-WeightDowngraded
    BarclaysOverweightMaintained
    Credit SuisseOutperformInitiated
    Buckingham ResearchNeutralMaintained
    Bank of AmericaBuyUpgraded
    RBC CapitalOutperformMaintained
    Deutsche BankHoldInitiated
    KeyBancSector WeightInitiated
    RBC CapitalOutperformMaintained
    Bank of AmericaNeutralUpgraded
    B. Riley FBRSellMaintained
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    CitigroupBuyUpgraded
    Morgan StanleyOverweightUpgraded
    Bank of AmericaUnderperformMaintained
    GuggenheimBuyInitiated
    CitigroupNeutralDowngraded
    RBC CapitalOutperformUpgraded
    Deutsche BankBuyUpgraded
    KeyBancSector WeightDowngraded
    FBR CapitalUnderperformDowngraded
    Bank of AmericaUnderperformDowngraded
    CLSAUnderperformDowngraded
    BuckinghamNeutralDowngraded
    BarclaysEqual-WeightMaintained
    RBC CapitalSector PerformDowngraded
    Deutsche BankHoldMaintained
    CitigroupBuyMaintained
    RBC CapitalOutperformUpgraded
    Bank of AmericaNeutralDowngraded
    Northcoast ResearchNeutralInitiated
    Credit SuisseNeutralMaintained
    Deutsche BankHoldMaintained
    BarclaysEqual-WeightMaintained
    RBC CapitalSector PerformDowngraded
    CitigroupBuyMaintained
    BarclaysEqual-WeightMaintained
    SusquehannaNeutralMaintained
    BarclaysEqual-WeightDowngraded
    SusquehannaNeutralMaintained
    CitigroupBuyMaintained
    SusquehannaNeutralMaintained
    BarclaysOverweightMaintained
    CitigroupBuyMaintained
    Deutsche BankHoldDowngraded
    Deutsche BankBuyMaintained
    JP MorganOverweightUpgraded
    CitigroupBuyMaintained
    FBR CapitalMarket PerformInitiated
    JP MorganNeutralMaintained
    SusquehannaNeutralInitiated
    Deutsche BankBuyMaintained
    BarclaysOverweightUpgraded
    JP MorganNeutralMaintained
    Credit SuisseNeutralInitiated
    Deutsche BankBuyMaintained
    BarclaysEqual-WeightMaintained
    JP MorganNeutralUpgraded
    BarclaysEqual-WeightMaintained
    JP MorganUnderweightMaintained
    Deutsche BankBuyMaintained
    Deutsche BankBuyMaintained
    Sidoti & Co.BuyUpgraded
    JefferiesHoldMaintained
    Deutsche BankBuyMaintained
    JefferiesHoldUpgraded
    Deutsche BankBuyMaintained
    Deutsche BankBuyMaintained
    JP MorganUnderweightInitiated
    JefferiesUnderperformMaintained
    GuggenheimNeutralMaintained

    American Axle & Manufacturing Holdings Inc (AXL) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.256
    The average consensus EPS for AXL is $0.256 with a high estimate of $0.557 and Low of $0.069 for the period 2021-06-30 and based on 11 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.15$0.24857112020-09-30


    The latest average Earning Per Share Estimate for American Axle & Manufacturing Holdings Inc is $0.26, which is lower than AXL's last EPS, $1.15. This means that Analysts are expecting American Axle & Manufacturing Holdings Inc to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of American Axle & Manufacturing Holdings Inc.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $1.15$0.24857112020-09-30
    $-1.79$-2.0019212020-06-30
    $0.2$-0.084840000000000012020-03-31
    $0.13$0.00174732019-12-31
    $0.58$0.412413300000000042019-09-30
    $0.55$0.58240640000000012019-06-30
    $0.36$0.34569272019-03-31
    $0.45$0.41924092018-12-31
    $0.63$0.90686892018-09-30
    $1.23$1.10314222018-06-30
    $0.98$0.8274932018-03-31
    $0.89$0.76851912017-12-31
    $0.86$0.66071172017-09-30
    $0.99$0.84166332017-06-30
    $1.03$0.89216332017-03-31
    $0.78$0.68959772016-12-31
    $0.78$0.77323582016-09-30
    $0.9$0.81685772016-06-30
    $0.78$0.71593852016-03-31
    $0.82$0.68913309999999992015-12-31
    $0.78$0.6782152015-09-30
    $0.75$0.71539312015-06-30
    $0.68$0.58005312015-03-31
    $0.46$0.54687460000000012014-12-31
    $0.63$0.62855330000000012014-09-30
    $0.67$0.7291192014-06-30
    $0.44$0.405616000000000032014-03-31
    $0.71$0.485557500000000032013-12-31
    $0.46$0.55908552013-09-30
    $0.34$0.30410092013-06-30
    $0.23$0.15865082013-03-31
    $-0.02$0.07326542012-12-31
    $0.07$0.33258292012-09-30
    $0.55$0.49334462012-06-30
    $0.61$0.66568089999999992012-03-31
    $0.47$0.39206182011-12-31
    $0.48$0.43432011-09-30
    $0.69$0.44664222011-06-30
    $0.5$0.386325000000000032011-03-31
    $0.47$0.39011252010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).