Allison Transmission (NYSE:ALSN) is set to issue its quarterly earnings data after the market closes on Monday, April 22nd. Analysts expect the company to announce earnings of $1.10 per share for the quarter. Allison Transmission has set its FY 2019 guidance at EPS.
Allison Transmission (NYSE:ALSN) last issued its quarterly earnings results on Monday, February 25th. The auto parts company reported $1.14 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.95 by $0.19. The business had revenue of $647.00 million for the quarter, compared to analysts’ expectations of $631.22 million. Allison Transmission had a net margin of 23.55% and a return on equity of 96.42%. The company’s revenue was up 10.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.51 EPS. On average, analysts expect Allison Transmission to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Shares of Allison Transmission stock opened at $47.09 on Wednesday. The firm has a market cap of $5.80 billion, a PE ratio of 9.85, a price-to-earnings-growth ratio of 1.02 and a beta of 1.36. Allison Transmission has a 1-year low of $38.14 and a 1-year high of $53.76. The company has a debt-to-equity ratio of 3.83, a quick ratio of 1.30 and a current ratio of 1.70.
ALSN has been the topic of several analyst reports. Zacks Investment Research cut shares of Allison Transmission from a “buy” rating to a “hold” rating in a research note on Wednesday, January 2nd. Piper Jaffray Companies set a $28.00 target price on shares of Allison Transmission and gave the company a “sell” rating in a research note on Monday, January 14th. Mizuho cut shares of Allison Transmission from a “buy” rating to a “neutral” rating and set a $53.00 target price on the stock. in a research note on Wednesday, January 16th. Finally, ValuEngine upgraded shares of Allison Transmission from a “hold” rating to a “buy” rating in a research note on Wednesday, February 27th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $48.78.
In related news, Director William R. Harker sold 2,030 shares of Allison Transmission stock in a transaction on Friday, January 18th. The shares were sold at an average price of $50.01, for a total transaction of $101,520.30. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 9.00% of the stock is currently owned by insiders.
ILLEGAL ACTIVITY WARNING: “Allison Transmission (ALSN) Scheduled to Post Earnings on Monday” was published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this piece on another website, it was illegally stolen and reposted in violation of United States & international copyright and trademark law. The correct version of this piece can be viewed at https://www.dispatchtribunal.com/2019/04/17/allison-transmission-alsn-scheduled-to-post-earnings-on-monday.html.
About Allison Transmission
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 12 transmission product lines 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.
Read More: Using other technical indicators with support levels
Receive News & Ratings for Allison Transmission Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allison Transmission and related companies with MarketBeat.com's FREE daily email newsletter.