American Axle & Manufacturing Holdings, Inc. has received $0.68 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 7 Financial Advisor in the Stock Trading Firms. Among 7 Analysts, Bottom line EPS Estimate for the current quarter is $0.61 while the top line estimate is $0.79 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -15.7%.
American Axle & Manufacturing Holdings, Inc. reported better than expected with a surprise EPS of 1.3% or $0.01 during its most recent quarterly earnings. The Actual EPS was $0.78 compared to the Estimated EPS of $0.77.
American Axle & Manufacturing Holdings, Inc. has a Price to Earnings ratio of 6.15 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 2.96. For the Most Recent Fiscal Year, American Axle & Manufacturing Holdings, Inc. has a price to cash ratio of 3.53. For the Trailing twelve month period, company showed a Net Profit Margin of 6.48% and Return on Equity of the stock is 61.64%.
In the last quarter, American Axle & Manufacturing Holdings, Inc. reported Annual Earnings of $0.78. Based on the filings, last years Annual Earnings was, $3.02. In the last Quarter, AXL reported a surprise Earnings per Share of 1.3% . The consensus estimate for current quarter is $0.68 and for the current fiscal year, the estimate is $3.18. For the Next fiscal year, the estimate is $3.21 based on the consensus.
American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) : On Tuesday heightened volatility was witnessed in American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) which led to swings in the share price. The stock opened for trading at $20.1 and hit $20.44 on the upside , eventually ending the session at $20.4, with a gain of 1.39% or 0.28 points. The heightened volatility saw the trading volume jump to 1,814,821 shares. The 52-week high of the share price is $20.9 and the company has a market cap of $1,560 million. The 52-week low of the share price is at $11.44 .
American Axle & Manufacturing Holdings Inc. is a world leader in the design, engineering and manufacture of driveline systems for light trucks and sport utility vehicles. The companys product lines include rear axles, independent front four-wheel drive axles, all-wheel-drive system components, independent rear-drive systems, TracRite differentials, propeller shafts, steering linkages, anti-roll systems, steering & suspension systems, and forged products. (PRESS RELEASE)