American Axle & Manufacturing (AXL) to Release Earnings on Friday

American Axle & Manufacturing (NYSE:AXL) is projected to issue its quarterly earnings data before the market opens on Friday, February 14th. Analysts expect the company to announce earnings of ($0.06) per share and revenue of $1.39 billion for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

American Axle & Manufacturing Stock Performance

Shares of AXL stock opened at $4.87 on Wednesday. The company has a quick ratio of 1.29, a current ratio of 1.65 and a debt-to-equity ratio of 4.28. American Axle & Manufacturing has a 52 week low of $4.80 and a 52 week high of $8.98. The firm has a 50 day moving average of $5.88 and a 200-day moving average of $6.14. The company has a market cap of $572.03 million, a price-to-earnings ratio of 20.27 and a beta of 1.94.

Analysts Set New Price Targets

Separately, Barclays decreased their price target on shares of American Axle & Manufacturing from $8.00 to $7.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 22nd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $7.30.

About American Axle & Manufacturing

American Axle & Manufacturing Holdings, Inc engages in the manufacture, engineering, design, and validation of driveline systems and related components. It operates through the Driveline and Metal Forming segments. The Driveline segment consists of axles, drive shafts, power transfer units, rear drive modules, and electric and hybrid driveline products and systems for light trucks, service utility vehicles, crossover vehicles, passenger cars, and commercial vehicles.