American Axle & Manufacturing (NYSE:DCH) Rating Lowered to Buy at Wall Street Zen

American Axle & Manufacturing (NYSE:DCH) was downgraded by Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Saturday.

Several other analysts also recently issued reports on DCH. BWS Financial restated a “buy” rating and set a $17.00 price objective on shares of American Axle & Manufacturing in a report on Tuesday, February 17th. Zacks Research lowered shares of American Axle & Manufacturing from a “hold” rating to a “strong sell” rating in a report on Thursday, February 5th. Royal Bank Of Canada decreased their price objective on shares of American Axle & Manufacturing from $12.00 to $10.00 and set an “outperform” rating for the company in a research note on Tuesday, February 17th. Jefferies Financial Group initiated coverage on shares of American Axle & Manufacturing in a research report on Thursday. They set a “buy” rating and a $10.35 price objective on the stock. Finally, Weiss Ratings began coverage on American Axle & Manufacturing in a report on Thursday, February 5th. They issued a “hold (c-)” rating for the company. Three investment analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $12.45.

American Axle & Manufacturing Trading Down 0.6%

Shares of NYSE:DCH opened at $6.98 on Friday. The firm has a market cap of $1.65 billion, a PE ratio of -38.78, a P/E/G ratio of 0.39 and a beta of 1.60. The company has a debt-to-equity ratio of 6.31, a current ratio of 2.95 and a quick ratio of 2.57. American Axle & Manufacturing has a one year low of $3.00 and a one year high of $9.25.

American Axle & Manufacturing (NYSE:DCH) last issued its earnings results on Friday, February 13th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter. During the same quarter in the previous year, the firm earned ($0.06) earnings per share. The business’s revenue was up .2% compared to the same quarter last year.

American Axle & Manufacturing News Roundup

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

• Positive Sentiment: Jefferies began research coverage on DCH, which can increase analyst visibility and institutional interest. American Axle & Manufacturing (NYSE:DCH) Research Coverage Started at Jefferies Financial Group
• Positive Sentiment: Wall Street Zen moved the stock to a “Buy” designation (headline indicates a rating change to Buy), a potential short-term positive catalyst for sentiment if investors treat it as an upgrade. Wall Street Zen Downgrades American Axle & Manufacturing (NYSE:DCH) to Buy
• Neutral Sentiment: Consensus analyst stance remains tepid — recent coverage summarized an average recommendation of “Hold,” which suggests limited near-term conviction from the sell‑side. American Axle & Manufacturing Holdings, Inc. (NYSE:DCH) Receives Average Recommendation of “Hold” from Analysts
• Neutral Sentiment: Numerous head‑to‑head and peer comparison articles were published (multiple AmericanBankingNews pieces). These are informational and don’t appear to contain new / market‑moving data — they may increase surface‑level attention but are unlikely to be a decisive catalyst by themselves. Example: Critical Review: American Axle & Manufacturing (DCH) versus Its Competitors
• Neutral Sentiment: One unrelated headline (Fool article) covers a large fund bet on Dauch Corporation — not DCH. That item can create confusion in feeds but is not relevant to American Axle’s fundamentals. What to Know About This Fund’s $12 Million Bet on Dauch Stock

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.