Allison Transmission (NYSE:ALSN) was downgraded by analysis analysts at Bank of America from a “purchase” ranking to a “impartial” ranking in a analysis report issued on Friday, Briefing.com experiences.
Quite a few different equities analysts additionally not too long ago commented on the stock. Raymond James elevated their price goal on shares of Allison Transmission from $45.00 to $47.00 and gave the stock a “strong-buy” ranking in a analysis be aware on Friday, October 16th. Robert W. Baird restated a “impartial” ranking and set a $46.00 price goal on shares of Allison Transmission in a analysis be aware on Monday, October 19th. Credit score Suisse Group elevated their price goal on shares of Allison Transmission from $47.00 to $48.00 and gave the stock an “outperform” ranking in a analysis be aware on Thursday, August sixth. TheStreet upgraded shares of Allison Transmission from a “c+” ranking to a “b” ranking in a analysis be aware on Thursday, October 29th. Lastly, ValuEngine downgraded shares of Allison Transmission from a “maintain” ranking to a “promote” ranking in a analysis be aware on Thursday, August sixth. Two funding analysts have rated the stock with a promote ranking, 5 have given a maintain ranking, two have assigned a purchase ranking and one has given a robust purchase ranking to the corporate’s stock. Allison Transmission presently has a consensus ranking of “Maintain” and a mean price goal of $46.00.
Shares of NYSE ALSN opened at $40.39 on Friday. The agency has a market cap of $4.55 billion, a PE ratio of 13.55, a PEG ratio of two.18 and a beta of 1.23. The corporate has a present ratio of 1.86, a fast ratio of 1.40 and a debt-to-equity ratio of three.36. Allison Transmission has a 1-year low of $26.15 and a 1-year excessive of $49.73. The corporate has a fifty day shifting common price of $38.56 and a 200 day shifting common price of $36.98.
Allison Transmission (NYSE:ALSN) final introduced its earnings outcomes on Wednesday, October 28th. The auto elements firm reported $0.68 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.22. The agency had income of $532.00 million through the quarter, in comparison with analyst estimates of $456.46 million. Allison Transmission had a web margin of 16.00% and a return on fairness of 46.60%. Equities analysis analysts forecast that Allison Transmission will submit 2.67 EPS for the present 12 months.
A number of hedge funds have not too long ago modified their holdings of ALSN. CI Investments Inc. purchased a brand new stake in shares of Allison Transmission within the third quarter valued at about $38,000. O Shaughnessy Asset Administration LLC raised its holdings in Allison Transmission by 28.6% within the third quarter. O Shaughnessy Asset Administration LLC now owns 2,186 shares of the auto elements firm’s stock valued at $77,00Zero after buying an extra 486 shares through the interval. Marshall Wace LLP acquired a brand new place in shares of Allison Transmission through the 1st quarter worth roughly $106,000. Smithfield Belief Co. boosted its place in shares of Allison Transmission by 15.2% through the 2nd quarter. Smithfield Belief Co. now owns 4,532 shares of the auto elements firm’s stock worth $167,00Zero after buying an extra 597 shares within the final quarter. Lastly, Wealthsource Companions LLC acquired a brand new stake in shares of Allison Transmission through the 2nd quarter worth roughly $203,000. 94.65% of the stock is at the moment owned by institutional traders.
Allison Transmission Firm Profile
Allison Transmission Holdings, Inc, along with its subsidiaries, designs, manufactures, and sells industrial and protection fully-automatic transmissions for medium- and heavy-duty industrial autos, and medium- and heavy-tactical U.S. protection autos worldwide. It gives 12 transmission product strains for varied purposes, together with distribution, refuse, building, hearth, and emergency on-highway vehicles; faculty and transit buses; motor houses; power, mining, and building off-highway autos and gear; and wheeled and tracked protection autos.
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