How to buy American Axle-and-Manufacturing stock - 07 March

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How to buy American Axle-and-Manufacturing stock

Own American Axle-and-Manufacturing stock in just a few minutes.

Fact checked

American Axle & Manufacturing Holdings, Inc is an auto parts business based in the US. American Axle-and-Manufacturing shares (AXL) are listed on the NYSE and all prices are listed in US Dollars. American Axle-and-Manufacturing employs 20,000 staff and has a trailing 12-month revenue of around USD$4.7 billion.

How to buy shares in American Axle-and-Manufacturing

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for American Axle-and-Manufacturing. Find the stock by name or ticker symbol: AXL. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until American Axle-and-Manufacturing reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of American Axle-and-Manufacturing, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of American Axle-and-Manufacturing. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

American Axle-and-Manufacturing share price

Use our graph to track the performance of AXL stocks over time.

American Axle-and-Manufacturing shares at a glance

Information last updated 2021-03-03.
52-week rangeUSD$2.5 - USD$11.06
50-day moving average USD$9.5436
200-day moving average USD$7.941
Wall St. target priceUSD$10.5
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) USD$-1.785

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy American Axle-and-Manufacturing stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is American Axle-and-Manufacturing under- or over-valued?

Valuing American Axle-and-Manufacturing stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of American Axle-and-Manufacturing's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

American Axle-and-Manufacturing's EBITDA

American Axle-and-Manufacturing's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$648.5 million.

The EBITDA is a measure of a American Axle-and-Manufacturing's overall financial performance and is widely used to measure a its profitability.

American Axle-and-Manufacturing financials

Revenue TTM USD$4.7 billion
Operating margin TTM 2.69%
Gross profit TTM USD$528.5 million
Return on assets TTM 1.26%
Return on equity TTM -82.91%
Profit margin -11.92%
Book value $3.27
Market capitalisation USD$1.2 billion

TTM: trailing 12 months

Shorting American Axle-and-Manufacturing shares

There are currently 5.3 million American Axle-and-Manufacturing shares held short by investors – that's known as American Axle-and-Manufacturing's "short interest". This figure is 24.3% down from 6.9 million last month.

There are a few different ways that this level of interest in shorting American Axle-and-Manufacturing shares can be evaluated.

American Axle-and-Manufacturing's "short interest ratio" (SIR)

American Axle-and-Manufacturing's "short interest ratio" (SIR) is the quantity of American Axle-and-Manufacturing shares currently shorted divided by the average quantity of American Axle-and-Manufacturing shares traded daily (recently around 2.1 million). American Axle-and-Manufacturing's SIR currently stands at 2.52. In other words for every 100,000 American Axle-and-Manufacturing shares traded daily on the market, roughly 2520 shares are currently held short.

However American Axle-and-Manufacturing's short interest can also be evaluated against the total number of American Axle-and-Manufacturing shares, or, against the total number of tradable American Axle-and-Manufacturing shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case American Axle-and-Manufacturing's short interest could be expressed as 0.05% of the outstanding shares (for every 100,000 American Axle-and-Manufacturing shares in existence, roughly 50 shares are currently held short) or 0.0653% of the tradable shares (for every 100,000 tradable American Axle-and-Manufacturing shares, roughly 65 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against American Axle-and-Manufacturing.

Find out more about how you can short American Axle-and-Manufacturing stock.

American Axle-and-Manufacturing share dividends

We're not expecting American Axle-and-Manufacturing to pay a dividend over the next 12 months.

American Axle-and-Manufacturing share price volatility

Over the last 12 months, American Axle-and-Manufacturing's shares have ranged in value from as little as $2.5 up to $11.06. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while American Axle-and-Manufacturing's is 2.6115. This would suggest that American Axle-and-Manufacturing's shares are significantly more volatile than the average for this exchange and represent a higher risk.

American Axle-and-Manufacturing overview

American Axle & Manufacturing Holdings, Inc., together with its subsidiaries, designs, engineers, and manufactures driveline and metal forming products in the United States, Mexico, South America, China, other Asian countries, and Europe. The company's Driveline segment offers front and rear axles, driveshafts, differential assemblies, clutch modules, balance shaft systems, disconnecting driveline technology, and electric and hybrid driveline products and systems for light trucks, sport utility vehicles, crossover vehicles, passenger cars, and commercial vehicles. Its Metal Forming segment provides axle and transmission shafts, ring and pinion gears, differential gears and assemblies, and connecting rods and variable valve timing products for original equipment manufacturers and tier 1 automotive suppliers. American Axle & Manufacturing Holdings, Inc. has technology development agreement with Suzhou Inovance Automotive Ltd. The company was founded in 1994 and is headquartered in Detroit, Michigan.

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