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How to buy American Axle-and-Manufacturing (AXL) stocks in Canada

Learn how to easily invest in American Axle-and-Manufacturing stocks.

American Axle-and-Manufacturing is an auto parts business based in the US. American Axle-and-Manufacturing stocks (AXL.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $10.08 – an increase of 3.11% over the previous week. American Axle-and-Manufacturing employs 20,000 staff and has a trailing 12-month revenue of around $5.4 billion.

How to buy shares in American Axle-and-Manufacturing

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – AXL – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

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.

How has Coronavirus impacted American Axle-and-Manufacturing's stock price?

Since the stock market crash in March caused by coronavirus, American Axle-and-Manufacturing's stock price has had significant positive movement.

Its last market close was $9.94, which is 19.52% up on its pre-crash value of $8 and 297.60% up on the lowest point reached during the March crash when the stocks fell as low as $2.5.

If you had bought $1,000 worth of American Axle-and-Manufacturing stocks at the start of February 2020, those stocks would have been worth $293.12 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,051.85.

American Axle-and-Manufacturing stock price (NYSE:AXL)

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

American Axle-and-Manufacturing shares at a glance

Information last updated 2022-01-18.
Latest market close$9.94
52-week range$7.90 - $13.06
50-day moving average $9.52
200-day moving average $9.75
Wall St. target price$11.88
PE ratio 13.1301
Dividend yield N/A (0%)
Earnings per share (TTM) $0.76

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American Axle-and-Manufacturing price performance over time

Historical closes compared with the close of $9.94 from 2022-01-14

1 week (2022-01-12) 3.11%
1 month (2021-12-15) N/A
3 months (2021-10-18) -4.70%
6 months (2021-07-19) 9.47%
1 year (2021-01-19) 9.23%
2 years (2020-01-17) 3.22%
3 years (2019-01-18) 14.61
5 years (2017-01-19) 313.01%

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 P/E ratio

American Axle-and-Manufacturing's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, American Axle-and-Manufacturing shares trade at around 13x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

American Axle-and-Manufacturing's EBITDA

American Axle-and-Manufacturing's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $964.1 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 $5.4 billion
Operating margin TTM 7.74%
Gross profit TTM $592 million
Return on assets TTM 4.47%
Return on equity TTM 2223.08%
Profit margin 1.65%
Book value $3.79
Market capitalisation $1.1 billion

TTM: trailing 12 months

American Axle-and-Manufacturing share dividends

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

Have American Axle-and-Manufacturing's shares ever split?

American Axle-and-Manufacturing's shares were split on a 117:1000 basis on 4 October 2018. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 117 shares. This wouldn't directly have changed the overall worth of your American Axle-and-Manufacturing shares – just the quantity. However, indirectly, the new 754.7% higher share price could have impacted the market appetite for American Axle-and-Manufacturing shares which in turn could have impacted American Axle-and-Manufacturing's share price.

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 $7.9 up to $13.06. A popular way to gauge a stock's volatility is its "beta".

AXL.US volatility(beta: 2.41)Avg. volatility(beta: 1.00)LowHigh

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 2.4146. 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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