American Axle & Manufacturing Holdings, Inc. Stock News

American Axle & Manufacturing is investing heavily in R&D for vehicle electrification, positioning itself to benefit from the market's 9% CAGR growth. Despite revenue concentration risks, AXL's stable cash flow, positive net income, and undervaluation at 1.7x FWD cash flow make it a buy. AXL's ongoing debt reduction and substantial cash reserves enhance its stock valuation, with potential price...

DETROIT , Nov. 27, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the UBS Global Industrials and Transportation Conference on December 4.  AAM is scheduled to webcast the presentation at 1:00 p.m.

DETROIT , Nov. 26, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in Bank of America's Leveraged Finance Conference on December 3.  AAM is scheduled to webcast the presentation at 8:50 a.m.

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL ) Q3 2024 Earnings Conference Call November 8, 2024 10:00 AM ET Company Participants David Lim - Head, IR David Dauch - Chairman and CEO Chris May - EVP and CFO Conference Call Participants Ryan Brinkman - JPMorgan John Murphy - Bank of America Joe Spak - UBS Dan Levy - Barclays Tom Narayan - RBC James Picariello - BNP Operator Good morning...

AAM Delivers Positive Year-Over-Year Performance DETROIT , Nov. 8, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the third quarter 2024.  Third Quarter  2024 Results Sales of $1.50 billion Net income of $10.0 million, or 0.7% of sales Adjusted EBITDA of $174.4 million, or 11.6% of sales Diluted earnings per share of...

Dublin, Nov. 05, 2024 (GLOBE NEWSWIRE) -- The "Commercial Vehicle Propeller Shafts - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Commercial Vehicle Propeller Shafts was estimated at US$14.9 Billion in 2023 and is projected to reach US$18.3 Billion by 2030, growing at a CAGR of 3.0% from 2023 to 2030. This comprehensive repo...

DETROIT , Oct. 25, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will hold a conference call to discuss third quarter financial results and other related matters at 10:00 a.m. ET on Friday, November 8, 2024.

DETROIT , Oct. 17, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) announced today that it has entered into a definitive agreement to sell its commercial vehicle axle business and related assets in India (AAM India Manufacturing Corporation Pvt., Ltd. or AAMIMCPL), to Bharat Forge Limited (BFL), for a purchase price of $65 million, subject to certain customa...