Alert: Negative Investment/Fundamental Signals (8/6/24)-American Axle & Manufacturing Ho (NYSE: AXL)

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American Axle & Manufacturing Ho (NYSE: AXL) has recently experienced significant negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

Recent meaningful negative changes in investment behavior have impacted American Axle & Manufacturing Ho (NYSE: AXL): its longer term price trend turned down.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, AXL is expected to continue to be a Value Builder.

American Axle & Manufacturing Ho has a current Value Trend Rating of C (Low Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. American Axle & Manufacturing Ho has a neutral Appreciation Score of 54 and a slightly negative Power Rating of 37, triggering the Low Neutral Value Trend Rating.

Recent Price Action

American Axle & Manufacturing Ho (NYSE: AXL) stock declined slightly by -0.6% on 8/6/24. The stock closed at $6.32. This decline was accompanied by normal trading volume. The stock has declined -11.4% during the last week and has been weak relative to the market over the last nine months.

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