Allison Transmission Holdings Inc (NYSE: ALSN) has a higher price-to-earnings ratio of 10.79x compared to its average ratio, The 36-month beta value for ALSN is at 1.02. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 5 rating it as “overweight,” 8 as “hold,” and 2 as “sell.”
The public float for ALSN is 86.65M, and currently, shorts hold a 1.19% of that float. The average trading volume for ALSN on April 26, 2024 was 686.38K shares.
ALSN) stock’s latest price update
The stock price of Allison Transmission Holdings Inc (NYSE: ALSN) has jumped by 0.29 compared to previous close of 80.03. Despite this, the company has seen a gain of 1.10% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-25 that Allison Transmission Holdings, Inc. (NYSE:ALSN ) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Jackie Bolles – Executive Director, Treasury and IR Dave Graziosi – Chairman and CEO Fred Bohley – Senior Vice President, Chief Financial Officer and Treasurer Conference Call Participants Ian Zaffino – Oppenheimer Justin Pellegrino – Melius Research Tami Zakaria – JPMorgan Angel Castillo – Morgan Stanley Jerry Revich – Goldman Sachs Operator Good afternoon. Thank you for standing by.
ALSN’s Market Performance
Allison Transmission Holdings Inc (ALSN) has experienced a 1.10% rise in stock performance for the past week, with a 0.36% rise in the past month, and a 35.48% rise in the past quarter. The volatility ratio for the week is 2.14%, and the volatility levels for the past 30 days are at 2.00% for ALSN. The simple moving average for the last 20 days is -0.77% for ALSN’s stock, with a simple moving average of 28.32% for the last 200 days.
Analysts’ Opinion of ALSN
Many brokerage firms have already submitted their reports for ALSN stocks, with Morgan Stanley repeating the rating for ALSN by listing it as a “Equal-Weight.” The predicted price for ALSN in the upcoming period, according to Morgan Stanley is $62 based on the research report published on January 08, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see ALSN reach a price target of $70, previously predicting the price at $63. The rating they have provided for ALSN stocks is “Neutral” according to the report published on October 16th, 2023.
Credit Suisse gave a rating of “Neutral” to ALSN, setting the target price at $48 in the report published on February 22nd of the previous year.
ALSN Trading at 3.99% from the 50-Day Moving Average
After a stumble in the market that brought ALSN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.79% of loss for the given period.
Volatility was left at 2.00%, however, over the last 30 days, the volatility rate increased by 2.14%, as shares sank -0.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +30.42% upper at present.
During the last 5 trading sessions, ALSN rose by +1.10%, which changed the moving average for the period of 200-days by +39.15% in comparison to the 20-day moving average, which settled at $80.86. In addition, Allison Transmission Holdings Inc saw 38.02% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ALSN starting from Coll John, who sale 2,000 shares at the price of $81.06 back on Apr 01 ’24. After this action, Coll John now owns 16,420 shares of Allison Transmission Holdings Inc, valued at $162,121 using the latest closing price.
Milburn Ryan A., the VP, Engr. & Tech Dev. of Allison Transmission Holdings Inc, sale 2,598 shares at $75.40 during a trade that took place back on Mar 04 ’24, which means that Milburn Ryan A. is holding 14,456 shares at $195,889 based on the most recent closing price.
Stock Fundamentals for ALSN
Current profitability levels for the company are sitting at:
- 0.3 for the present operating margin
- 0.47 for the gross margin
The net margin for Allison Transmission Holdings Inc stands at 0.22. The total capital return value is set at 0.2. Equity return is now at value 63.88, with 13.88 for asset returns.
Based on Allison Transmission Holdings Inc (ALSN), the company’s capital structure generated 0.64 points at debt to capital in total, while cash flow to debt ratio is standing at 0.32. The debt to equity ratio resting at 1.79. The interest coverage ratio of the stock is 230.75.
Currently, EBITDA for the company is 1.07 billion with net debt to EBITDA at 1.92. When we switch over and look at the enterprise to sales, we see a ratio of 2.87. The receivables turnover for the company is 7.86for trailing twelve months and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.50.
Conclusion
In conclusion, Allison Transmission Holdings Inc (ALSN) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
