Allison Transmission (NYSE:ALSN) is set to issue its quarterly earnings data after the market closes on Tuesday, August 4th. Analysts expect the company to announce earnings of $0.25 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.
Allison Transmission (NYSE:ALSN) last released its quarterly earnings data on Monday, May 4th. The auto parts company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.26. Allison Transmission had a net margin of 21.65% and a return on equity of 78.97%. The firm had revenue of $637.00 million for the quarter, compared to analysts’ expectations of $575.95 million. During the same quarter last year, the business posted $1.32 earnings per share. The company’s revenue for the quarter was down 5.6% compared to the same quarter last year. On average, analysts expect Allison Transmission to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
ALSN stock opened at $37.36 on Friday. The company has a debt-to-equity ratio of 3.62, a quick ratio of 1.08 and a current ratio of 1.56. The company’s fifty day moving average price is $36.72 and its 200-day moving average price is $38.06. Allison Transmission has a one year low of $26.15 and a one year high of $49.73. The company has a market capitalization of $4.23 billion, a PE ratio of 8.05, a price-to-earnings-growth ratio of 2.36 and a beta of 1.31.
Several analysts have commented on the stock. Citigroup boosted their price target on shares of Allison Transmission from $39.00 to $40.00 and gave the stock a “neutral” rating in a research note on Thursday, June 18th. Morgan Stanley boosted their target price on Allison Transmission from $43.00 to $44.00 and gave the stock an “equal weight” rating in a research report on Monday, April 13th. Goldman Sachs Group raised Allison Transmission from a “neutral” rating to a “buy” rating and increased their price target for the company from $40.00 to $44.00 in a research note on Monday, April 20th. Raymond James raised Allison Transmission from an “outperform” rating to a “strong-buy” rating and reduced their price objective for the stock from $50.00 to $45.00 in a research note on Tuesday, April 14th. Finally, ValuEngine raised Allison Transmission from a “sell” rating to a “hold” rating in a report on Friday, July 17th. One research analyst has rated the stock with a sell rating, four have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. Allison Transmission presently has a consensus rating of “Buy” and a consensus target price of $47.89.
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.
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