Press coverage about American Axle & Manufacturing Holdings (NYSE:AXL) has trended somewhat positive on Thursday, Accern reports. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. American Axle & Manufacturing Holdings earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned press coverage about the auto parts company an impact score of 46.7640867639348 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:

Shares of American Axle & Manufacturing Holdings (NYSE:AXL) traded down 0.45% during trading on Thursday, reaching $17.89. 274,789 shares of the company’s stock traded hands. American Axle & Manufacturing Holdings has a one year low of $12.61 and a one year high of $21.25. The stock has a market cap of $1.99 billion, a P/E ratio of 6.16 and a beta of 1.38. The company has a 50 day moving average price of $15.54 and a 200-day moving average price of $16.09.

American Axle & Manufacturing Holdings (NYSE:AXL) last issued its quarterly earnings data on Friday, July 28th. The auto parts company reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.10. The business had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.74 billion. American Axle & Manufacturing Holdings had a net margin of 5.32% and a return on equity of 42.42%. The business’s revenue was up 71.4% on a year-over-year basis. During the same quarter last year, the company earned $0.90 EPS. On average, equities research analysts expect that American Axle & Manufacturing Holdings will post $3.29 EPS for the current fiscal year.

A number of equities analysts recently issued reports on the stock. ValuEngine raised shares of American Axle & Manufacturing Holdings from a “hold” rating to a “buy” rating in a report on Tuesday, September 26th. Zacks Investment Research raised shares of American Axle & Manufacturing Holdings from a “sell” rating to a “hold” rating in a report on Friday, August 4th. BidaskClub downgraded shares of American Axle & Manufacturing Holdings from a “sell” rating to a “strong sell” rating in a report on Saturday, August 5th. CLSA assumed coverage on shares of American Axle & Manufacturing Holdings in a report on Thursday, June 22nd. They issued a “buy” rating and a $18.00 price objective on the stock. Finally, KeyCorp reissued a “hold” rating on shares of American Axle & Manufacturing Holdings in a report on Sunday, September 17th. Four research analysts have rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $19.44.

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In other news, Director George Thanopoulos sold 123,901 shares of the firm’s stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $15.15, for a total transaction of $1,877,100.15. Following the sale, the director now owns 876,745 shares of the company’s stock, valued at approximately $13,282,686.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.96% of the stock is owned by company insiders.

American Axle & Manufacturing Holdings Company Profile

American Axle & Manufacturing Holdings, Inc (AAM) manufactures, engineers, designs and validates driveline and drivetrain systems and related components and chassis modules for light trucks, sport utility vehicles, crossover vehicles, passenger cars and commercial vehicles. Its driveline and drivetrain systems include components that transfer power from the transmission and deliver it to the drive wheels.

Insider Buying and Selling by Quarter for American Axle & Manufacturing Holdings (NYSE:AXL)

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