Wall Street analysts expect that Allison Transmission Holdings, Inc. (NYSE:ALSN – Get Rating) will announce sales of $696.99 million for the current fiscal quarter, Zacks Investment Research reports. Five analysts have provided estimates for Allison Transmission’s earnings. The lowest sales estimate is $681.54 million and the highest is $722.00 million. Allison Transmission reported sales of $603.00 million during the same quarter last year, which would suggest a positive year over year growth rate of 15.6%. The business is scheduled to report its next earnings report on Monday, January 1st.
On average, analysts expect that Allison Transmission will report full year sales of $2.73 billion for the current fiscal year, with estimates ranging from $2.68 billion to $2.77 billion. For the next financial year, analysts forecast that the firm will report sales of $2.92 billion, with estimates ranging from $2.82 billion to $2.99 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that that provide coverage for Allison Transmission.
Allison Transmission (NYSE:ALSN – Get Rating) last issued its quarterly earnings results on Wednesday, April 27th. The auto parts company reported $1.30 EPS for the quarter, topping the consensus estimate of $1.16 by $0.14. Allison Transmission had a net margin of 18.10% and a return on equity of 65.55%. During the same period in the previous year, the firm earned $1.07 EPS.
Several hedge funds have recently modified their holdings of the company. Trexquant Investment LP acquired a new stake in Allison Transmission in the 3rd quarter valued at approximately $1,692,000. First Horizon Advisors Inc. boosted its holdings in shares of Allison Transmission by 68.3% in the 4th quarter. First Horizon Advisors Inc. now owns 1,220 shares of the auto parts company’s stock valued at $44,000 after buying an additional 495 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in shares of Allison Transmission during the fourth quarter worth $2,278,000. Victory Capital Management Inc. increased its holdings in shares of Allison Transmission by 13.8% during the fourth quarter. Victory Capital Management Inc. now owns 16,715 shares of the auto parts company’s stock worth $608,000 after buying an additional 2,025 shares in the last quarter. Finally, Advisor Group Holdings Inc. grew its holdings in Allison Transmission by 28.3% during the 4th quarter. Advisor Group Holdings Inc. now owns 41,906 shares of the auto parts company’s stock worth $1,524,000 after acquiring an additional 9,242 shares during the period.
ALSN opened at $37.46 on Friday. The company has a fifty day simple moving average of $38.05 and a 200 day simple moving average of $37.77. The company has a quick ratio of 1.09, a current ratio of 1.52 and a debt-to-equity ratio of 3.69. The stock has a market cap of $3.64 billion, a P/E ratio of 8.61, a P/E/G ratio of 1.07 and a beta of 0.95. Allison Transmission has a 12 month low of $32.55 and a 12 month high of $44.66.
The business also recently declared a quarterly dividend, which will be paid on Friday, May 27th. Investors of record on Monday, May 16th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 2.24%. The ex-dividend date is Friday, May 13th. Allison Transmission’s dividend payout ratio (DPR) is 19.31%.
Allison Transmission Company Profile (Get Rating)
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 transmissions for various applications, including distribution, refuse, construction, fire, and emergency on-highway trucks; school and transit buses; motor homes; energy, mining, and construction off-highway vehicles and equipment; and wheeled and tracked defense vehicles.
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