American Axle & Manufacturing (NYSE:DCH) Given Buy Rating at BWS Financial

American Axle & Manufacturing (NYSE:DCH)‘s stock had its “buy” rating reiterated by investment analysts at BWS Financial in a research note issued on Tuesday,Benzinga reports. They presently have a $17.00 price target on the stock. BWS Financial’s price objective suggests a potential upside of 138.76% from the stock’s current price.

DCH has been the topic of a number of other reports. Zacks Research downgraded American Axle & Manufacturing from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 5th. Royal Bank Of Canada reduced their target price on American Axle & Manufacturing from $12.00 to $10.00 and set an “outperform” rating for the company in a report on Tuesday. Finally, Weiss Ratings initiated coverage on shares of American Axle & Manufacturing in a research note on Thursday, February 5th. They set a “hold (c-)” rating on the stock. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $13.50.

American Axle & Manufacturing Stock Down 1.8%

American Axle & Manufacturing stock traded down $0.13 during trading hours on Tuesday, reaching $7.12. 3,744,850 shares of the stock were exchanged, compared to its average volume of 7,965,321. American Axle & Manufacturing has a 52-week low of $3.00 and a 52-week high of $9.25. The company has a debt-to-equity ratio of 3.61, a quick ratio of 1.43 and a current ratio of 1.77. The company has a market cap of $845.14 million, a P/E ratio of -39.55 and a beta of 1.60.

American Axle & Manufacturing (NYSE:DCH) last announced its quarterly earnings data on Friday, February 13th. The company reported $0.07 EPS for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.09. American Axle & Manufacturing had a negative net margin of 0.34% and a positive return on equity of 9.92%. The firm had revenue of $1.38 billion during the quarter. During the same quarter in the previous year, the business earned ($0.06) EPS. American Axle & Manufacturing’s revenue for the quarter was up .2% on a year-over-year basis.

About American Axle & Manufacturing

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.