American Axle & Manufacturing Holdings, Inc. (NYSE:DCH) Stock Has Consensus Target Price of $8.90

Shares of American Axle & Manufacturing Holdings, Inc. (NYSE:DCH – Get Free Report) have been assigned a consensus rating of “Hold” from the eleven research firms that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among brokers that have covered the stock in the last year is $8.90.

Several brokerages recently issued reports on DCH. Stifel Nicolaus decreased their price target on shares of American Axle & Manufacturing from $7.00 to $6.00 and set a “hold” rating for the company in a research note on Monday, October 19th. BWS Financial restated a “buy” rating and issued a $17.00 price objective on shares of American Axle & Manufacturing in a report on Monday, August 10th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of American Axle & Manufacturing in a research note on Friday, September 4th. Bank of America lowered shares of American Axle & Manufacturing from a “buy” rating to an “underperform” rating and set a $5.00 target price for the company. in a report on Thursday, October 15th. Finally, TD Cowen upgraded shares of American Axle & Manufacturing from a “hold” rating to a “buy” rating and lifted their target price for the company from $8.00 to $10.00 in a report on Tuesday, September 8th.

Read Our Latest Research Report on DCH

American Axle & Manufacturing Stock Performance

Shares of DCH opened at $4.55 on Monday. The firm has a market capitalization of $1.08 billion, a PE ratio of -3.40, a price-to-earnings-growth ratio of 0.15 and a beta of 1.73. The company has a 50-day simple moving average of $5.53 and a two-hundred day simple moving average of $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 debt-to-equity ratio of 3.24, a current ratio of 1.39 and a quick ratio of 1.01.

American Axle & Manufacturing (NYSE:DCH – Get Free Report) last posted its quarterly earnings data on Friday, November 6th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.08. American Axle & Manufacturing had a positive return on equity of 15.93% and a negative net margin of 2.28%. The business had revenue of $2.91 billion during the quarter. On average, analysts anticipate that American Axle & Manufacturing will post 0.89 EPS for the current fiscal year.

About American Axle & Manufacturing

(Get Free Report)

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.

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Analyst Recommendations for American Axle & Manufacturing (NYSE:DCH)

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