The leading market experts have placed a mean price target of $19.82 on American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.71 a share for the upcoming quarter and $3.16 for the current fiscal.
The technical analysis of American Axle & Manufacturing H plainly substantiates that the 50-day moving average of American Axle & Manufacturing H is $16.25, and stock is trading $1.64 points away or +10.11% from its 50-day moving average of $16.25. Further it is trading $2.53 or +16.44% away its 200-day moving average of $15.36. American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) 52-week high is $23.00 and the 52-week low is $11.44.
This explains if the stock moves $-5.11, it will post a 52-week high. In event of +56.38% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of American Axle & Manufacturing H, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) ratio came in at 5.47.
The stock last ended the trading session at $17.89 and registered a market cap of $1.37B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) PEG ratio is at 2.36.
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