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American Axle & Manufacturing Holdings Inc (AXL.N)

AXL.N on New York Stock Exchange

19.67USD
24 Feb 2017
Change (% chg)

$-0.37 (-1.85%)
Prev Close
$20.04
Open
$19.85
Day's High
$19.96
Day's Low
$19.46
Volume
275,664
Avg. Vol
430,488
52-wk High
$21.25
52-wk Low
$12.86

Latest Key Developments (Source: Significant Developments)

American Axle & Manufacturing sees 2017 net sales of about $4.1 bln-$4.2 bln
Thursday, 23 Feb 2017 09:34am EST 

American Axle & Manufacturing Holdings Inc : American Axle & Manufacturing sees 2017 net sales of about $4.1 billion to $4.2 billion; sees 2017 U.S. SAAR of about 17.5 million units - lender presentation .Fy2017 revenue view $4.12 billion -- Thomson Reuters I/B/E/S.  Full Article

AAM reports Q4 EPS $0.59
Friday, 10 Feb 2017 08:00am EST 

American Axle & Manufacturing Holdings Inc : AAM reports fourth quarter and full year 2016 financial results . Q4 adjusted earnings per share $0.78 . Q4 earnings per share $0.59 . Q4 sales $946.5 million versus I/B/E/S view $957 million . Q4 earnings per share view $0.68 -- Thomson Reuters I/B/E/S . Says in Q4 of 2016, AAM's content-per-vehicle was $1,634 as compared to $1,645 in Q4 of 2015 . Says confirming its stand-alone full year 2017 outlook . Says AAM is targeting adjusted free cash flow in range of $175 million to $200 million in 2017 . Says AAM is targeting full year capital spending in range of 6.5-7.0 pct of sales in 2017 .FY 2017 earnings per share view $3.21, revenue view $4.09 billion -- Thomson Reuters I/B/E/S.  Full Article

American Axle & Manufacturing says waiting period for U.S. antitrust review under Hart-Scott-Rodino expired in connection with Metaldyne Performance Group deal
Tuesday, 24 Jan 2017 06:13am EST 

American Axle & Manufacturing Holdings Inc : American Axle & Manufacturing says on Jan 20, waiting period for U.S. antitrust review under Hart-Scott-Rodino expired in connection with Metaldyne Performance Group deal .American Axle & Manufacturing Holdings says also, co, Metaldyne have received clearance of proposed acquisition by antitrust authorities in Germany, Austria.  Full Article

American Axle & Manufacturing Holdings sees 2017 net sales of about $4.1 billion - $4.2 billion
Wednesday, 11 Jan 2017 07:24am EST 

American Axle & Manufacturing Holdings Inc : Sees 2017 net sales of about $4.1 billion - $4.2 billion .Fy2017 revenue view $4.09 billion -- Thomson Reuters I/B/E/S.  Full Article

American Axle & Manufacturing Holdings targeting sales CAGR in a range of 3-5 pct during period 2017 - 2019
Thursday, 17 Nov 2016 07:55am EST 

American Axle & Manufacturing Holdings Inc : American Axle & Manufacturing Holdings Inc - Targeting adjusted EBITDA margin in a range of 17% to 18% of sales by 2018 . American Axle & Manufacturing Holdings - Targeting CAPEX of about 8% of sales in 2017, reducing CAPEX to less than 6% of sales by 2019 .American Axle & Manufacturing Holdings Inc - Targeting sales CAGR in a range of 3% to 5% during period 2017 - 2019.  Full Article

American Axle reports Q2 earnings of $0.90/ share
Friday, 29 Jul 2016 08:00am EDT 

American Axle & Manufacturing Holdings Inc : Q2 earnings per share $0.90 . Q2 earnings per share view $0.81 -- Thomson Reuters I/B/E/S . Q2 sales $1.025 billion versus I/B/E/S view $1.03 billion . In Q2 of 2016, AAM's content-per-vehicle was $1,609 as compared to $1,637 in Q2 of 2015 . Non-GM sales were $333.9 million in Q2 of 2016 as compared to $343.1 million in Q2 of 2015 . Says targeting an adjusted EBITDA margin in range of 15 percent to 15.5 percent in 2016 . Says targeting free cash flow in range of $140 million to $160 million in 2016 . FY2016 revenue view $3.98 billion -- Thomson Reuters I/B/E/S . Says targeting sales of $4.0 billion in 2016 . AAM is targeting full year capital spending of about 6 percent of sales in 2016 .FY2016 earnings per share view $3.06, revenue view $3.98 billion -- Thomson Reuters I/B/E/S.  Full Article

American Axle & Manufacturing Q1 earnings per share $0.78
Friday, 6 May 2016 08:30am EDT 

American Axle & Manufacturing Holdings Inc : In q1 of 2016, aam's content-per-vehicle was $1,611 as compared to $1,676 in q1 of 2015 . Aam reports first quarter 2016 financial results and announces share repurchase program . Qtrly non-gm sales of $323.2 million . Q1 earnings per share $0.78 . Q1 sales $969.2 million versus i/b/e/s view $998.8 million . Q1 earnings per share view $0.71 -- Thomson Reuters I/B/E/S . Repurchase will be funded through available cash balances and cash flow from operations. . Board of directors authorizes a share repurchase program of up to $100 million .Board of directors authorizes a share repurchase program of up to $100 million.  Full Article

American Axle & Manufacturing says targeting sales of $4 bln in 2016
Friday, 6 May 2016 08:09am EDT 

American Axle & Manufacturing Holdings Inc : Targeting ebitda margin in range of 14.5% to 15% of sales in 2016 . Aam is targeting full year capital spending of approximately 6% of sales in 2016 . Is targeting sales of $4.0 billion in 2016 .American axle & manufacturing holdings inc sees free cash flow in range of $120 million to $140 million in 2016..  Full Article

American Axle & Manufacturing Holdings Inc lowers prior FY 2015 outlook - conference call
Friday, 31 Jul 2015 10:00am EDT 

American Axle & Manufacturing Holdings Inc:Says that it is revising FY 2015 sales outlook to a range of $3.9 billion to $3.95 billion, down from the initial outlook of $4 billion to $4.1 billion.  Full Article

American Axle & Manufacturing Holdings Inc appoints officers
Friday, 31 Jul 2015 08:30am EDT 

American Axle & Manufacturing Holdings Inc:Appointment of Michael K. Simonte to President and Christopher J. May to Vice President & Chief Financial Officer effective Aug. 1.David C. Dauch will remain as Chairman and Chief Executive Officer.  Full Article

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