Last $17.90 USD
Change Today +0.02 / 0.11%
Volume 471.2K
AXL On Other Exchanges
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Exchange
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As of 8:04 PM 09/18/14 All times are local (Market data is delayed by at least 15 minutes).

american axle & mfg holdings (AXL) Snapshot

Open
$17.92
Previous Close
$17.88
Day High
$17.98
Day Low
$17.85
52 Week High
01/15/14 - $21.48
52 Week Low
08/1/14 - $16.68
Market Cap
1.4B
Average Volume 10 Days
1.2M
EPS TTM
$2.45
Shares Outstanding
75.8M
EX-Date
01/30/09
P/E TM
7.3x
Dividend
--
Dividend Yield
--
Current Stock Chart for AMERICAN AXLE & MFG HOLDINGS (AXL)

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american axle & mfg holdings (AXL) Details

American Axle & Manufacturing Holdings, Inc., together with its subsidiaries, engages in the design, engineering, validation, and manufacture of driveline and drivetrain systems, and related components and chassis modules for automotive industry worldwide. Its products include axles, chassis modules, driveshafts, power transfer units, transfer cases, chassis and steering components, driveheads, transmission parts, and metal-formed products that transfer power from the transmission to the drive wheels. The company offers its products for light trucks, sport utility vehicles, passenger cars, and crossover and commercial vehicles. American Axle & Manufacturing Holdings, Inc. was founded in 1994 and is headquartered in Detroit, Michigan.

12,650 Employees
Last Reported Date: 02/7/14
Founded in 1994

american axle & mfg holdings (AXL) Top Compensated Officers

Chairman of The Board, Chief Executive Office...
Total Annual Compensation: $1.0M
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $543.8K
Executive Vice President of Worldwide Operati...
Total Annual Compensation: $500.3K
Senior Vice President of Global Driveline Ope...
Total Annual Compensation: $360.0K
Vice President of Metal Formed Product Busine...
Total Annual Compensation: $320.0K
Compensation as of Fiscal Year 2013.

american axle & mfg holdings (AXL) Key Developments

American Axle & Manufacturing Holdings Inc. Presents at RBC Capital Markets 2014 Global Industrials Conference, Sep-09-2014 10:20 AM

American Axle & Manufacturing Holdings Inc. Presents at RBC Capital Markets 2014 Global Industrials Conference, Sep-09-2014 10:20 AM. Venue: The Mandarin Oriental Hotel, 3752 Las Vegas Blvd, Las Vegas, Nevada, United States.

American Axle & Manufacturing Holdings to Build New Tech Research Center in Detroit

American Axle & Manufacturing Holdings announced it would spend up to $20 million to build a new technology research center next to its Detroit headquarters. Construction is expected to begin in 2014 and the center should employ up to 100 workers.

American Axle & Manufacturing Holdings Inc. Announces Unaudited Consolidated Earnings Results for Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Outlook for the Years 2014 and 2015

American Axle & Manufacturing Holdings Inc. announced unaudited consolidated earnings results for second quarter and six months ended June 30, 2014. For the quarter, the company reported net sales of $946.90 million, operating income of $87.50 million, income before income taxes of $63.50 million, net income of $52.20 million, share of $0.67 million, net cash provided by operating activities of $137.90 million, purchases of property, plant & equipment of $55.80 million, adjusted EBITDA of $136.70 million compared to the net sales of $799.60 million, operating income of $61.70 million, income before income taxes of $31.20 million, net income of $25.80 million, share of $0.34 million, net cash provided by operating activities of $60 million, purchases of property, plant & equipment of $73.60 million, adjusted EBITDA of $102.30 million for the same quarter a year ago. For the six months period, the company reported net sales of $1,805.70 million, operating income of $152.30 million, income before income taxes of $104.10 million, net income of $85.80 million, share of $1.11 million, net cash provided by operating activities of $82.40 million, purchases of property, plant & equipment of $103.70 million, adjusted EBITDA of $249.20 million compared to the net sales of $1,555.20 million, operating income of $106.40 million, income before income taxes of $36.10 million, net income of $33.10 million, share of $0.43 million, net cash provided by operating activities of $33.20 million, purchases of property, plant & equipment of $121.50 million, adjusted EBITDA of $188.90 million for the same period a year ago. Sales in the first half of 2014 were primarily driven by strong North American production volumes, offset by weaknesses in countries of Thailand and Brazil. Net debt as on June 30, 2014 was $1,416.8 million compared to $1,405.1 million as on December 31, 2013. The company expects full year 2014 sales to be approximately $3.7 billion, a reduction of approximately $75 million from announced before. The company continues to target EBITDA margins in the range of 13.5% to 14% of sales for the full year of 2014 and expects CapEx to be approximately 6.5% of sales. The company expects to generate positive free cash flow of approximately $100 million this year. Effective tax rate is expected to be in a range of 15% to 20%. The company currently expects to continue to incur net interest expense at about the same run rate, as in second quarter, through the end of the year. The company expects to report $4 billion in sales in 2015. Free cash flow is expected to be up to $175 million to $200 million.

 

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AXL

Industry Average

Valuation AXL Industry Range
Price/Earnings 9.4x
Price/Sales 0.4x
Price/Book 9.4x
Price/Cash Flow 9.2x
TEV/Sales NM Not Meaningful
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