American Axle & Manufacturing Holdings, Inc. (NYSE:DCH) Stock Rated “Hold” by Wall Street Analysts

American Axle & Manufacturing Holdings, Inc. (NYSE:DCH) has been given a consensus recommendation of “Hold” by the ten analysts that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $9.51.

Several research firms recently commented on DCH. Royal Bank Of Canada boosted their price objective on shares of American Axle & Manufacturing from $10.00 to $11.00 and gave the company an “outperform” rating in a research report on Monday, July 13th. Jefferies Financial Group downgraded American Axle & Manufacturing from a “buy” rating to a “hold” rating and dropped their price target for the company from $8.25 to $7.10 in a research note on Wednesday, September 23rd. Stifel Nicolaus lifted their price target on American Axle & Manufacturing from $6.00 to $7.00 and gave the company a “hold” rating in a research note on Monday, August 10th. TD Cowen upgraded American Axle & Manufacturing from a “hold” rating to a “buy” rating and boosted their price target for the company from $8.00 to $10.00 in a report on Tuesday, September 8th. Finally, Barclays reduced their price objective on American Axle & Manufacturing from $9.00 to $8.00 and set an “equal weight” rating for the company in a research report on Friday.

American Axle & Manufacturing Stock Performance

Shares of DCH stock opened at $5.39 on Thursday. The company has a debt-to-equity ratio of 3.32, a quick ratio of 1.02 and a current ratio of 1.40. The company has a market capitalization of $1.28 billion, a P/E ratio of -5.00, a price-to-earnings-growth ratio of 0.20 and a beta of 1.69. The company’s 50 day moving average price is $6.18 and its two-hundred day moving average price is $6.00. American Axle & Manufacturing has a 52 week low of $4.91 and a 52 week high of $9.25.

American Axle & Manufacturing (NYSE:DCH) last announced its quarterly earnings results on Friday, August 7th. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.18. American Axle & Manufacturing had a negative net margin of 2.01% and a positive return on equity of 15.94%. The firm had revenue of $2.96 billion for the quarter. On average, analysts expect that American Axle & Manufacturing will post 0.94 earnings per share for the current fiscal year.

American Axle & Manufacturing Company Profile

American Axle & Manufacturing Holdings, Inc is a global automotive supplier that designs, engineers and manufactures driveline and metal-forming systems. Its products are used in passenger cars, crossover vehicles, sport utility vehicles, pickup trucks and commercial vehicles.

The company’s product portfolio includes axles, driveshafts, differentials, power-transfer units, transmission components and other driveline assemblies. AAM also produces forged, cast and machined metal components, as well as propulsion technologies intended for vehicles with internal-combustion, hybrid and electric powertrains.

Founded in 1994 by Richard E.