American Axle & Manufacturing Holdings, Short Position Grows 14.6% in 2023

March 19, 2023

Categories: Auto PartsTags: , , Views: 17

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In 2023, American Axle & Manufacturing ($NYSE:AXL) Holdings, Inc. experienced an increase in its short position, growing by 14.6%. This marks a significant shift in the company’s stock, with more investors taking a short position in the company than before. This surge in short positions has the potential to cause a lot of volatility in the stock market. With the increased short position, more investors are betting against the company, putting downward pressure on its stock price. This could lead to a decrease in the share price as investors attempt to make a profit on their short positions.

The short position growth also could reduce investor confidence in American Axle & Manufacturing Holdings, Inc. This could lead to fewer people buying and holding the stock for longer periods of time, further exacerbating any losses associated with the growing short position. It is unclear why the size of the short position has increased so dramatically. It could be due to increasing concerns about the state of the company’s finances, or simply because investors believe there is greater potential for profits from betting against American Axle & Manufacturing Holdings, Inc. Whatever the reason, it is clear that the size of the short position has significantly grown in 2023.

Price History

On Friday, AAM’s stock opened at $7.6 and closed at $7.5, signifying a 3.3% decline from the previous day’s closing price of $7.8. Despite this, the company’s current overall market performance remains positive, indicating that investors have not been deterred by the Friday’s activity. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for AXL. More…

    Total Revenues Net Income Net Margin
    5.8k 61.6 1.9%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for AXL. More…

    Operations Investing Financing
    448.9 -243 -217.2
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for AXL. More…

    Total Assets Total Liabilities Book Value Per Share
    5.47k 4.84k 5.47
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for AXL are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    -3.9% -14.8% 4.2%
    FCF Margin ROE ROA
    4.7% 27.0% 2.8%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    At GoodWhale, we have conducted an analysis of AMERICAN AXLE & MANUFACTURING’s financials. Our Star Chart shows that the company has a health score of 8/10, which indicates that it is in a strong position to be able to ride out any crisis without the risk of bankruptcy. While AMERICAN AXLE & MANUFACTURING is strong in cashflows and debt, it is medium in profitability and weak in asset, dividend and growth categories. As such, we classify it as a ‘rhino’, a type of company that has achieved moderate revenue or earnings growth. Investors looking for a company that has achieved modest but steady growth may be interested in AMERICAN AXLE & MANUFACTURING. Its strong financial position means that it has the ability to weather any downturns without having to resort to drastic measures. Furthermore, those looking for potential for long-term growth may find that AMERICAN AXLE & MANUFACTURING’s stable but modest growth trend could provide a good opportunity. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis


  • Peers

    It operates in four segments: Driveline, Metal Formed Products, Castings and Forgings, and Other. American Axle & Mfg Holdings Inc has several competitors, such as Rane Holdings Ltd, HGears AG, and UCAL Fuel Systems Ltd, all of which are engaged in similar areas of business.

    – Rane Holdings Ltd ($BSE:505800)

    Rane Holdings Ltd is a leading manufacturer and supplier of automotive components and systems, with a presence in the Indian, US, and European markets. The company has a market cap of 12.66B as of 2023, making it one of the largest players in the automotive industry. Its Return on Equity (ROE) is 10.29%, which indicates that the company is efficiently utilizing its equity to generate profits. The company has been able to maintain a steady growth rate over the years and is well poised to capitalize on the growing demand for automotive components.

    – HGears AG ($BER:HGEA)

    HGears AG is a global provider of high-quality gear drive components and systems for automotive, industrial, and agricultural applications. The company has a market cap of 83.2 million as of 2023, indicating that it is a relatively small and niche player in the industry. Its Return on Equity (ROE) of 2.74% indicates that the company is generating modest returns on its shareholders’ investments. HGears is committed to providing reliable, safe, and cost-effective solutions to its customers and has been able to maintain a steady growth rate over the years.

    – UCAL Fuel Systems Ltd ($BSE:500464)

    UCAL Fuel Systems Ltd is a leading manufacturer of automotive fuel systems, with a global presence across five continents. The company’s market cap is 2.77 billion as of 2023, reflecting its position as a major player in the automotive fuel systems industry. Additionally, UCAL Fuel Systems Ltd has achieved an impressive Return on Equity (ROE) of 7.9%, which is an indication of the firm’s strong performance and profitability. This high ROE shows that the company has been able to effectively utilize its equity base to generate high returns for its shareholders.

    Summary

    In recent days, American Axle & Manufacturing Holdings, Inc. has seen an increase in short position of 14.6% as of 2023. This has been met with mostly neutral media coverage, with the stock price dropping slightly on the same day. For investors looking to make a decision, there are a few key points to consider. Analyzing past performance and understanding the company’s overall trajectory should be the first step.

    Additionally, researching current market volatility and tracking industry news can provide insight into future performance. Finally, well-informed investors should consider their individual goals and risk tolerance when making any long-term investment decisions.

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