American Axle & Manufacturing’s (DCH) Buy Rating Reiterated at BWS Financial

BWS Financial reissued their buy rating on shares of American Axle & Manufacturing (NYSE:DCH) in a report issued on Tuesday morning,Benzinga reports. They currently have a $17.00 target price on the stock.

Several other brokerages have also commented on DCH. Weiss Ratings initiated coverage on American Axle & Manufacturing in a report on Thursday, February 5th. They set a “hold (c-)” rating for the company. Zacks Research lowered shares of American Axle & Manufacturing from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 5th. Finally, Royal Bank Of Canada decreased their price target on shares of American Axle & Manufacturing from $12.00 to $10.00 and set an “outperform” rating on the stock in a report on Tuesday. Three analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, American Axle & Manufacturing presently has an average rating of “Hold” and an average price target of $12.45.

American Axle & Manufacturing Trading Down 1.3%

Shares of DCH stock opened at $7.03 on Tuesday. The firm has a market capitalization of $834.46 million, a P/E ratio of -39.05 and a beta of 1.60. American Axle & Manufacturing has a 52-week low of $3.00 and a 52-week high of $9.25. The company has a current ratio of 2.95, a quick ratio of 1.43 and a debt-to-equity ratio of 6.31.

American Axle & Manufacturing (NYSE:DCH) last posted its earnings results on Friday, February 13th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.09. American Axle & Manufacturing had a positive return on equity of 10.00% and a negative net margin of 0.34%.The business had revenue of $1.38 billion during the quarter. During the same quarter in the previous year, the firm earned ($0.06) earnings per share. American Axle & Manufacturing’s quarterly revenue was up .2% compared to the same quarter last year.

Key American Axle & Manufacturing News

Here are the key news stories impacting American Axle & Manufacturing this week:

• Positive Sentiment: Jefferies initiated coverage with a “Buy” rating and a $10.35 price target (about ~47% above the current price), signaling analyst conviction in upside from current levels. This is a clear positive catalyst for DCH as it can attract buyer interest and institutional flows.
• Positive Sentiment: BWS Financial reiterated a “Buy” rating on DCH, reinforcing the bullish analyst narrative and supporting demand for the shares. BWS Financial Reiterates “Buy” Rating for American Axle & Manufacturing (NYSE:DCH)
• Neutral Sentiment: Several comparative and analytical pieces from AmericanBankingNews discuss DCH versus peers and review its financials — these increase visibility but mostly provide context rather than a direct catalyst. Representative links: Analyzing American Axle & Manufacturing (DCH) and The Competition, Head-To-Head Survey: American Axle & Manufacturing (DCH) and The Competition, Analyzing American Axle & Manufacturing (NYSE:DCH) & QF Liquidation (OTCMKTS:QTWWQ)
• Negative Sentiment: Royal Bank of Canada lowered its expectations for American Axle & Manufacturing, which likely contributed to downward pressure on the stock by reducing near-term analyst support and investor confidence. Royal Bank Of Canada Has Lowered Expectations for American Axle & Manufacturing (NYSE:DCH) Stock Price

American Axle & Manufacturing Company Profile

American Axle & Manufacturing is a U.S.-based designer, engineer and manufacturer of driveline and drivetrain systems and components for the automotive and light- and heavy-vehicle markets. The company produces a range of mechanical and electromechanical products including axles, driveshafts, differential systems, halfshafts, transmission components, and related sealing and suspension parts. Its product portfolio serves passenger cars, light trucks, commercial vehicles and off-highway applications.

Beyond component manufacturing, the company provides integrated engineering services such as product development, testing and system integration to help vehicle manufacturers meet performance, weight and fuel-economy targets.