Allison Transmission Holdings, Inc. (NYSE:ALSN) Receives Average Recommendation of “Reduce” from Analysts

Shares of Allison Transmission Holdings, Inc. (NYSE:ALSN) have received an average recommendation of “Reduce” from the nine ratings firms that are covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among brokers that have covered the stock in the last year is $98.3750.

Several research analysts recently commented on the stock. Bank of America boosted their price objective on shares of Allison Transmission from $74.00 to $79.00 and gave the stock an “underperform” rating in a research note on Monday, June 16th. The Goldman Sachs Group boosted their target price on shares of Allison Transmission from $80.00 to $90.00 and gave the stock a “sell” rating in a research report on Tuesday, May 27th. Wall Street Zen downgraded shares of Allison Transmission from a “buy” rating to a “hold” rating in a research report on Sunday, June 22nd. Raymond James Financial dropped their target price on shares of Allison Transmission from $110.00 to $105.00 and set an “outperform” rating on the stock in a research report on Monday, July 21st. Finally, Citigroup dropped their target price on shares of Allison Transmission from $105.00 to $100.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 24th.

Allison Transmission Trading Up 2.0%

NYSE ALSN opened at $89.03 on Friday. The company has a quick ratio of 2.64, a current ratio of 3.36 and a debt-to-equity ratio of 1.37. The firm has a market cap of $7.44 billion, a PE ratio of 10.12 and a beta of 1.02. The company has a 50 day moving average price of $88.39 and a 200 day moving average price of $93.69. Allison Transmission has a 52 week low of $80.39 and a 52 week high of $122.53.

Allison Transmission (NYSE:ALSN) last posted its quarterly earnings data on Monday, August 4th. The auto parts company reported $2.29 EPS for the quarter, topping the consensus estimate of $2.20 by $0.09. The firm had revenue of $814.00 million during the quarter, compared to analyst estimates of $811.05 million. Allison Transmission had a net margin of 23.81% and a return on equity of 45.56%. Allison Transmission’s revenue was down .2% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.13 EPS. Allison Transmission has set its FY 2025 guidance at EPS. As a group, sell-side analysts forecast that Allison Transmission will post 9.06 EPS for the current fiscal year.

Allison Transmission Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Wednesday, August 20th were given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Wednesday, August 20th. Allison Transmission’s payout ratio is currently 12.27%.

Institutional Trading of Allison Transmission

Several large investors have recently bought and sold shares of the stock. Vident Advisory LLC grew its position in Allison Transmission by 1.0% during the 4th quarter. Vident Advisory LLC now owns 10,182 shares of the auto parts company’s stock worth $1,100,000 after purchasing an additional 102 shares during the last quarter. Compound Planning Inc. boosted its holdings in shares of Allison Transmission by 5.3% in the 1st quarter. Compound Planning Inc. now owns 2,180 shares of the auto parts company’s stock valued at $209,000 after acquiring an additional 109 shares during the last quarter. Callan Family Office LLC boosted its holdings in shares of Allison Transmission by 5.1% in the 1st quarter. Callan Family Office LLC now owns 2,606 shares of the auto parts company’s stock valued at $249,000 after acquiring an additional 126 shares during the last quarter. KBC Group NV boosted its holdings in shares of Allison Transmission by 3.7% in the 1st quarter. KBC Group NV now owns 3,596 shares of the auto parts company’s stock valued at $344,000 after acquiring an additional 127 shares during the last quarter. Finally, Verdence Capital Advisors LLC boosted its holdings in shares of Allison Transmission by 2.1% in the 2nd quarter. Verdence Capital Advisors LLC now owns 6,258 shares of the auto parts company’s stock valued at $594,000 after acquiring an additional 131 shares during the last quarter. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Allison Transmission Company Profile

Allison Transmission Holdings, Inc, together with its subsidiaries, designs, manufactures, and sells fully automatic transmissions for medium- and heavy-duty commercial vehicles and medium- and heavy-tactical U.S. defense vehicles, and electrified propulsion systems worldwide. It provides commercial-duty on-highway, off-highway and defense fully automatic transmissions, and electric hybrid and fully electric systems.