Last $24.98 USD
Change Today -0.34 / -1.34%
Volume 128.3K
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As of 10:55 AM 03/4/15 All times are local (Market data is delayed by at least 15 minutes).

american axle & mfg holdings (AXL) Snapshot

Open
$25.26
Previous Close
$25.32
Day High
$25.26
Day Low
$24.97
52 Week High
02/23/15 - $25.93
52 Week Low
10/13/14 - $16.36
Market Cap
1.9B
Average Volume 10 Days
1.3M
EPS TTM
$2.17
Shares Outstanding
75.8M
EX-Date
01/30/09
P/E TM
11.5x
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, designs, engineers, validates, and manufactures driveline and drivetrain systems, and related components and chassis modules for the automotive industry in the United States, Canada, Mexico, South America, Asia, Europe, and internationally. Its products include axles, driveheads, chassis modules, driveshafts, power transfer units, transfer cases, chassis and steering components, transmission parts, electric drive systems, 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.

12,820 Employees
Last Reported Date: 02/23/15
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. Provides Earnings Guidance for 2015

American Axle & Manufacturing Holdings Inc. provided earnings guidance for 2015. The company is targeting full year sales of approximately $4 billion to $4.1 billion in 2015. This sales projection is based on the anticipated launch schedule of programs in AAM's new and incremental business backlog and the assumption that the U.S. Seasonally Adjusted Annual Rate of sales (SAAR) is in the range of 16.5 million to 17.0 million light vehicle units for the full year 2015. The company is targeting EBITDA in the range of $550 million to $575 million in 2015 (13.75% to 14.00% of sales), and free cash flow in the range of $175 million to $200 million in 2015. The company is targeting full year capital spending of approximately 5% of sales in 2015.

American Axle & Manufacturing Holdings Inc. Reports Unaudited Consolidated Earnings Results for Fourth Quarter and Year Ended December 31, 2014

American Axle & Manufacturing Holdings Inc. reported unaudited consolidated earnings results for fourth quarter and year ended December 31, 2014. For the quarter, the company’s net sales were $939.5 million against $831.3 million a year ago. Operating income was $38.6 million against $66.4 million a year ago. Income before income tax was $21.1 million against $12.5 million a year ago. Net income was $13.2 million against $29.8 million a year ago. Diluted earnings per share were $0.17 against $0.39 a year ago. Net cash provided by operating activities was $86.8 million against $120.7 million a year ago. Purchases of property, plant & equipment was $50.3 million against $73.7 million a year ago. EBITDA was $99.6 million against $88.1 million a year ago. Adjusted EBITDA was $135.1 million against $113.7 million a year ago. Capital expenditures net of proceeds from the sale of property, plant & equipment, the sale-leaseback of equipment and government grants was $47.6 million against $69.8 million a year ago. For the year, the company’s net sales were $3,696.0 million against $3,207.3 million a year ago. Operating income was $267.6 million against $240.3 million a year ago. Income before income tax was $176.7 million against $86.3 million a year ago. Net income was $143.0 million against $94.5 million a year ago. Diluted earnings per share were $1.85 against $1.23 a year ago. Net cash provided by operating activities was $318.4 million against $223.0 million a year ago. Purchases of property, plant & equipment was $206.5 million against $251.9 million a year ago. EBITDA was $476.5 million against $379.2 million a year ago. Adjusted EBITDA was $512.0 million against $421.8 million a year ago. Net debt as on December 31, 2014 was $1,287.2 million against $1,405.1 million as on December 31, 2013. Capital expenditures net of proceeds from the sale of property, plant & equipment, the sale-leaseback of equipment and government grants was $195.3 million against $218.7 million a year ago.

American Axle May Look At Acquisitions

American Axle & Manufacturing Holdings Inc. (NYSE:AXL) is seeking acquisitions. David Dauch, Chairman, President and Chief Executive Officer of American Axle, said, "Again, we are going to keep everything in balance in regards to how we are properly growing this business and, clearly, the first thing that we are protecting is we are protecting the strength of our balance sheet and improving that balance sheet to even put us in a position to even contemplate looking at acquisitions going forward."

 

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AXL

Industry Average

Valuation AXL Industry Range
Price/Earnings 13.7x
Price/Sales 0.5x
Price/Book 16.9x
Price/Cash Flow 13.4x
TEV/Sales 0.0x
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