Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Allison Transmission (ALSN) Share Price

News articles about Allison Transmission (NYSE:ALSN) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Allison Transmission earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned media coverage about the auto parts company an impact score of 46.5123362361517 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the news headlines that may have effected Accern Sentiment’s analysis:

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A number of equities research analysts recently issued reports on the stock. Zacks Investment Research downgraded shares of Allison Transmission from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Bank of America downgraded shares of Allison Transmission from a “buy” rating to a “neutral” rating and reduced their target price for the company from $52.00 to $48.00 in a research note on Thursday, February 8th. William Blair reissued a “buy” rating on shares of Allison Transmission in a research note on Tuesday, February 13th. Stifel Nicolaus set a $44.00 target price on shares of Allison Transmission and gave the company a “hold” rating in a research note on Friday, February 9th. Finally, JPMorgan Chase downgraded shares of Allison Transmission from a “neutral” rating to an “underweight” rating and set a $38.00 target price on the stock. in a research note on Friday, February 16th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating, five have assigned a buy rating and three have assigned a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $43.82.

Shares of ALSN opened at $41.48 on Tuesday. Allison Transmission has a twelve month low of $32.93 and a twelve month high of $45.69. The firm has a market capitalization of $5,633.48, a PE ratio of 15.59, a PEG ratio of 1.17 and a beta of 1.19. The company has a current ratio of 1.52, a quick ratio of 1.15 and a debt-to-equity ratio of 3.68.

Allison Transmission (NYSE:ALSN) last announced its earnings results on Wednesday, February 14th. The auto parts company reported $1.51 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.62 by $0.89. The business had revenue of $588.00 million for the quarter, compared to the consensus estimate of $576.57 million. Allison Transmission had a net margin of 22.28% and a return on equity of 60.52%. The business’s revenue for the quarter was up 25.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.36 earnings per share. equities research analysts predict that Allison Transmission will post 3.44 earnings per share for the current year.

In related news, Director James A. Star sold 30,168 shares of the firm’s stock in a transaction dated Friday, April 13th. The shares were sold at an average price of $40.17, for a total value of $1,211,848.56. Following the transaction, the director now owns 41,900 shares of the company’s stock, valued at approximately $1,683,123. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director James A. Star sold 322,130 shares of the firm’s stock in a transaction dated Friday, January 19th. The stock was sold at an average price of $44.49, for a total transaction of $14,331,563.70. Following the completion of the transaction, the director now directly owns 41,450 shares in the company, valued at approximately $1,844,110.50. The disclosure for this sale can be found here. Insiders sold a total of 487,758 shares of company stock worth $21,571,382 in the last ninety days. 8.40% of the stock is currently owned by insiders.

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Allison Transmission Company Profile

Allison Transmission Holdings, Inc, together with its subsidiaries, designs, manufactures, and sells commercial and defense fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium- and heavy-tactical U.S. defense vehicles worldwide. It offers 13 transmission product lines with approximately 100 product models for various applications, including distribution, refuse, construction, fire, and emergency on-highway trucks; school, transit, and hybrid-transit buses; motor homes; energy, mining, and construction off-highway vehicles and equipment; and wheeled and tracked defense vehicles.

Insider Buying and Selling by Quarter for Allison Transmission (NYSE:ALSN)

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