Allison Transmission Holdings Inc (NYSE:ALSN) Director James A. Star sold 30,168 shares of the firm’s stock in a transaction on Friday, April 13th. The stock was sold at an average price of $40.17, for a total value of $1,211,848.56. Following the completion of the sale, the director now directly owns 41,900 shares of the company’s stock, valued at $1,683,123. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
NYSE ALSN opened at $40.22 on Friday. The firm has a market cap of $5,552.24, a PE ratio of 15.12, a price-to-earnings-growth ratio of 1.15 and a beta of 1.19. The company has a debt-to-equity ratio of 3.68, a current ratio of 1.52 and a quick ratio of 1.15. Allison Transmission Holdings Inc has a twelve month low of $32.93 and a twelve month high of $45.69.
Allison Transmission (NYSE:ALSN) last released its quarterly earnings results on Wednesday, February 14th. The auto parts company reported $1.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.89. Allison Transmission had a return on equity of 60.52% and a net margin of 22.28%. The business had revenue of $588.00 million during the quarter, compared to analysts’ expectations of $576.57 million. During the same period in the prior year, the business posted $0.36 EPS. The company’s revenue was up 25.4% compared to the same quarter last year. equities analysts expect that Allison Transmission Holdings Inc will post 3.44 earnings per share for the current year.
A number of institutional investors have recently made changes to their positions in ALSN. Two Sigma Investments LP boosted its holdings in Allison Transmission by 1,655.5% during the 4th quarter. Two Sigma Investments LP now owns 1,175,386 shares of the auto parts company’s stock valued at $50,624,000 after acquiring an additional 1,108,432 shares during the period. LSV Asset Management purchased a new position in Allison Transmission during the 4th quarter valued at about $38,870,000. Jennison Associates LLC boosted its holdings in Allison Transmission by 44.5% during the 4th quarter. Jennison Associates LLC now owns 2,584,627 shares of the auto parts company’s stock valued at $111,320,000 after acquiring an additional 796,191 shares during the period. Two Sigma Advisers LP boosted its holdings in Allison Transmission by 96.2% during the 4th quarter. Two Sigma Advisers LP now owns 1,514,322 shares of the auto parts company’s stock valued at $65,222,000 after acquiring an additional 742,443 shares during the period. Finally, APG Asset Management N.V. boosted its holdings in Allison Transmission by 67.7% during the 4th quarter. APG Asset Management N.V. now owns 886,900 shares of the auto parts company’s stock valued at $31,811,000 after acquiring an additional 358,100 shares during the period.
A number of analysts have issued reports on ALSN shares. Zacks Investment Research downgraded Allison Transmission from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Bank of America cut Allison Transmission from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $52.00 to $48.00 in a report on Thursday, February 8th. Stifel Nicolaus set a $44.00 price target on Allison Transmission and gave the stock a “hold” rating in a report on Friday, February 9th. William Blair reiterated a “buy” rating on shares of Allison Transmission in a report on Tuesday, February 13th. Finally, Royal Bank of Canada cut Allison Transmission from an “outperform” rating to a “sector perform” rating and increased their price target for the stock from $46.00 to $50.00 in a report on Friday, February 16th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating, five have assigned a buy rating and three have given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $43.82.
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Allison Transmission Company Profile
Allison Transmission Holdings, Inc and its subsidiaries design and manufacture commercial and defense fully-automatic transmissions. The Company manufactures fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium-and heavy-tactical United States defense vehicles. The Company’s transmissions are used in a range of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (primarily school, transit and hybrid-transit), motorhomes, off-highway vehicles and equipment (energy, mining and construction) and defense vehicles (wheeled and tracked).
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