Allison Transmission (ALSN) Stock Price, News & Analysis

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allison Transmission in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" ALSN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ALSN, but not buy additional shares or sell existing shares.
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6 brokerages have issued 12 month target prices for Allison Transmission's shares. Their ALSN share price targets range from $44.00 to $90.00. On average, they anticipate the company's stock price to reach $65.88 in the next year. This suggests that the stock has a possible downside of 17.0%.
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Allison Transmission's stock was trading at $58.15 at the beginning of 2024. Since then, ALSN shares have increased by 36.5% and is now trading at $79.39.
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Allison Transmission saw a increase in short interest in March. As of March 15th, there was short interest totaling 971,400 shares, an increase of 14.2% from the February 29th total of 850,700 shares. Based on an average trading volume of 659,900 shares, the days-to-cover ratio is presently 1.5 days. Approximately 1.1% of the shares of the stock are short sold.
View Allison Transmission's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our ALSN earnings forecast.

Allison Transmission will be holding an earnings conference call on Thursday, April 25th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13745491".

Allison Transmission Holdings, Inc. (NYSE:ALSN) announced its quarterly earnings results on Tuesday, February, 13th. The auto parts company reported $1.91 earnings per share for the quarter, topping analysts' consensus estimates of $1.42 by $0.49. The auto parts company earned $775 million during the quarter, compared to the consensus estimate of $744 million. Allison Transmission had a trailing twelve-month return on equity of 60.35% and a net margin of 22.17%. The firm's revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.52 EPS.

Allison Transmission announced a quarterly dividend on Wednesday, February 21st. Stockholders of record on Monday, March 4th will be given a dividend of $0.25 per share on Friday, March 15th. This represents a $1.00 annualized dividend and a dividend yield of 1.26%. The ex-dividend date of this dividend is Friday, March 1st. This is an increase from the stock's previous quarterly dividend of $0.23.
Read our dividend analysis for ALSN.

Allison Transmission (NYSE:ALSN) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.25%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 13.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ALSN will have a dividend payout ratio of 11.66% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ALSN.

ETFs with the largest weight of Allison Transmission (NYSE:ALSN) stock in their portfolio include Alpha Architect U.S. Quantitative Value ETF (QVAL), Procure Disaster Recovery Strategy ETF (FIXT), Procure Disaster Recovery Strategy ETF (FEMA), Euclidean Fundamental Value ETF (ECML), SPDR S&P Kensho Smart Mobility ETF (HAIL), Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG), First Trust Industrials/Producer Durables AlphaDEX Fund (FXR) and Fidelity U.S. Multifactor ETF (FLRG).

Allison Transmission issued an update on its FY 2024 earnings guidance on Tuesday, February, 13th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.1 billion-$3.2 billion, compared to the consensus revenue estimate of $3.0 billion.

20 employees have rated Allison Transmission Chief Executive Officer David S. Graziosi on Glassdoor.com. David S. Graziosi has an approval rating of 43% among the company's employees. This puts David S. Graziosi in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Allison Transmission investors own include Alibaba Group (BABA), Energy Transfer (ET), Advanced Micro Devices (AMD), NVIDIA (NVDA), Micron Technology (MU), AT&T (T), Applied Materials (AMAT), Tesla (TSLA), Verizon Communications (VZ) and Salesforce (CRM).

Allison Transmission's stock is owned by a variety of retail and institutional investors. Top institutional investors include Norris Perne & French LLP MI (0.57%), Allspring Global Investments Holdings LLC (0.30%), Los Angeles Capital Management LLC (0.17%), Reinhart Partners LLC. (0.17%), Salem Investment Counselors Inc. (0.09%) and Alaska Permanent Fund Corp (0.07%). Insiders that own company stock include Dana Jh Pittard, David S Graziosi, Eric C Scroggins, G Frederick Bohley, John Coll, Niekerk Teresa Van, Ryan A Milburn, Thomas Eifert and Thomas W Rabaut.
View institutional ownership trends.

Shares of ALSN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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