财务业绩 - AAM的第二季度销售额为16.33亿美元[3] - AAM第二季度净利润为1.82亿美元，占销售额1.1%[6] - AAM第二季度调整后每股收益为0.19美元[7] - AAM第二季度调整后EBITDA为2.084亿美元，占销售额12.8%[8] - AAM第二季度经营活动产生的净现金流为1.428亿美元，调整后自由现金流为0.979亿美元[9][10] - 公司当前期间的净收入为1,632.3百万美元，较上年同期增长3.9%[35] - 公司当前期间的调整后EBITDA为208.4百万美元，较上年同期增长8.8%[40] - 公司当前期间的调整后每股收益为0.19美元，较上年同期增长58.3%[42] - 公司当前期间的资本支出净额为46.6百万美元，较上年同期增加5.7%[45] - 公司当前期间的营业活动产生的现金流量净额为142.8百万美元，较上年同期增加7.5%[35] - 公司当前期间的长期债务净额为2,694.8百万美元，较上年末减少2.1%[33] - 公司当前期间的总资产为5,336.7百万美元，较上年末减少0.4%[34] - 公司当前期间的总股东权益为609.6百万美元，较上年末增加0.8%[34] 财务指标定义 - 公司定义EBITDA为扣除利息费用、所得税、折旧和摊销前的收益。调整后EBITDA则排除了重组和并购相关成本、债务再融资和赎回成本、股票证券收益或损失、退休金削减和结算费用以及非经常性项目的影响[49] - 公司定义调整后每股收益为扣除重组和并购相关成本、债务再融资和赎回成本、股票证券收益或损失、退休金削减和结算费用以及非经常性项目(包括相关税务影响)后的每股收益[50] - 公司定义自由现金流为经营活动产生的净现金减去资本支出(扣除资产出售收益和政府补助)。调整后自由现金流则排除了重组和并购相关成本以及马尔文火灾相关支付(包括资本支出)的影响[51] 2024年目标 - AAM将2024年全年销售额目标调整为61亿-63亿美元，调整后EBITDA目标为7.05亿-7.55亿美元，调整后自由现金流目标为2亿-2.4亿美元[11] - AAM预计2024年北美轻型车产量约为1580万辆[12] - 公司预计2024年全年的调整后EBITDA目标区间为705-755百万美元[47] - 公司预计2024年全年的调整后自由现金流目标区间为200-240百万美元[48] 其他 - AAM将于2024年8月9日召开第二季度财报电话会议[13] - AAM使用了一些非GAAP财务指标如调整后每股收益、调整后EBITDA和调整后自由现金流[14][18][19][20]

AAM Delivers Another Solid QuarterDETROIT, Aug. 9, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the second quarter 2024. Second Quarter 2024 ResultsSales of $1.63 billionNet income of $18.2 million, or 1.1% of salesAdjusted EBITDA of $208.4 million, or 12.8% of salesDiluted earnings per share of $0.15; Adjusted earnings per share of $0.19Net cash provided by operating activities of $142.8 million; Adjusted free cash flow of $97 ...

Klaus Vedfelt One of the great things about value investing is that when you buy a company that's on the cheap, it's difficult for that business to drop significantly lower than it already is. At some point, the firm in question becomes irresistible. But this doesn't mean that it can't happen. Every so often, the market is stubborn and refuses to let a value prospect fully reflect the upside that it should. And one such example of this involves a company by the name of American Axle & Manufacturing Hold ...

American Axle & Manufacturing (AXL) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, ...

DETROIT, July 26, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will hold a conference call to discuss second quarter financial results and other related matters at 10:00 a.m. ET on Friday, August 9, 2024.  A press release announcing the results will be issued before the market opens on the same day and will be available at www.aam.com.To participate by phone, please dial:(877) 883-0383 from the United States (412) 902-6506 from outside the United StatesCallers should ...

Value investing is a time-tested strategy in the investment world that helps in finding undervalued assets with the potential for long-term growth. This method emphasizes the importance of intrinsic asset value and fundamental analysis rather than short-term market fluctuations. By purchasing stocks at prices below their intrinsic values, value investing seeks substantial returns as stock prices eventually reflect their true fundamentals. A key metric for spotting undervalued stocks is the earnings yield.Ea ...

文章核心观点 - 小盘股在最近两个关键通胀数据发布后获得了提振 [1][2] - 这是由于通胀率稳步下降,以及经济数据疲软,尤其是劳动力市场的韧性,引发了降息预期 [1][4][5][6] - 美联储主席鲍威尔最近的评论大幅提升了市场参与者对9月份首次降息的预期 [1][7][8][10] 行业总结 - 华尔街在过去18个月见证了令人印象深刻的牛市行情,主要股指大涨,但小盘股指表现滞后,受困于持续高涨的通胀和降息不确定性 [2] - 近期发展中,罗素2000指数和标普600指数均创出新高,显示小盘股正在获得提振 [3] 公司总结 - 美国车桥制造公司(AXL)预计收入和利润将分别增长3.1%和超过100% [13] - 恩维里公司(NVRI)预计收入和利润将分别增长17.4%和超过100% [15] - Groupon公司(GRPN)受益于本地和旅游类别的增长动力,预计收入和利润将分别增长1.3%和超过100% [18] - BJ's餐厅公司(BJRI)受益于生产力和利润率提升举措,预计收入和利润将分别增长1.1%和65.9% [21] - GeneDx控股公司(WGS)预计收入和利润将分别增长18.9%和82.3% [24]

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental a ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...

Wall Street has been witnessing an impressive bull run in the past 18 months. Year to date, — the three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — have advanced 4.2%, 17.6% and 24.8%, respectively. The mid-cap-centric S&P 400 is up 4.2%. However, the small-cap specific Russell 2000 has gained a mere 0.8%, while the other benchmark — the S&P 600 — is down 2.3%, year to date.U.S. small businesses are still suffering from high inflation and interest rates. On May 2, the CNBC|SurveyMo ...