Allison Transmission (NYSE:ALSN) Director James A. Star sold 108,397 shares of Allison Transmission stock in a transaction that occurred on Friday, April 20th. The stock was sold at an average price of $41.26, for a total value of $4,472,460.22. Following the transaction, the director now directly owns 41,900 shares in the company, valued at approximately $1,728,794. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of ALSN stock opened at $41.40 on Monday. Allison Transmission has a twelve month low of $32.93 and a twelve month high of $45.69. The company has a market capitalization of $5,798.77, a price-to-earnings ratio of 15.56, a P/E/G ratio of 1.19 and a beta of 1.19. The company has a current ratio of 1.52, a quick ratio of 1.15 and a debt-to-equity ratio of 3.68.
Allison Transmission (NYSE:ALSN) last announced its earnings results on Wednesday, February 14th. The auto parts company reported $1.51 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.89. Allison Transmission had a return on equity of 60.52% and a net margin of 22.28%. The company had revenue of $588.00 million for the quarter, compared to the consensus estimate of $576.57 million. During the same period last year, the business posted $0.36 EPS. The company’s revenue was up 25.4% on a year-over-year basis. equities analysts expect that Allison Transmission will post 3.49 EPS for the current year.
Several research firms have commented on ALSN. Zacks Investment Research lowered Allison Transmission from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Bank of America lowered Allison Transmission from a “buy” rating to a “neutral” rating and cut their price target for the stock from $52.00 to $48.00 in a research report on Thursday, February 8th. William Blair reaffirmed a “buy” rating on shares of Allison Transmission in a research report on Tuesday, February 13th. Stifel Nicolaus set a $44.00 price target on Allison Transmission and gave the stock a “hold” rating in a research report on Friday, February 9th. Finally, JPMorgan Chase lowered Allison Transmission from a “neutral” rating to an “underweight” rating and set a $38.00 price target on the stock. in a research report on Friday, February 16th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating, four have issued a buy rating and three have given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $43.80.
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Allison Transmission Company Profile
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 13 transmission product lines with approximately 100 product models 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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