The stock of Allison Transmission Holdings Inc (ALSN) has gone up by 0.88% for the week, with a -5.56% drop in the past month and a 1.30% rise in the past quarter. The volatility ratio for the week is 1.23%, and the volatility levels for the past 30 days are 2.07% for ALSN. The simple moving average for the past 20 days is 0.83% for ALSN’s stock, with a 17.86% simple moving average for the past 200 days.
Is It Worth Investing in Allison Transmission Holdings Inc (NYSE: ALSN) Right Now?
Allison Transmission Holdings Inc (NYSE: ALSN) has a price-to-earnings ratio of 10.12x that is above its average ratio. Additionally, the 36-month beta value for ALSN is 1.01. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 5 rating it as “overweight,” 8 rating it as “hold,” and 2 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for ALSN is 86.91M and currently, short sellers hold a 1.49% ratio of that float. The average trading volume of ALSN on May 27, 2024 was 642.46K shares.
ALSN) stock’s latest price update
The stock of Allison Transmission Holdings Inc (NYSE: ALSN) has increased by 1.28 when compared to last closing price of 74.84.Despite this, the company has seen a gain of 0.88% in its stock price over the last five trading days. https://www.defenseworld.net reported 2024-05-20 that Quadrant Capital Group LLC increased its stake in shares of The Hartford Financial Services Group, Inc. (NYSE:HIG – Free Report) by 4.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,505 shares of the insurance provider’s stock after purchasing an additional 151 shares during the quarter. Quadrant Capital Group LLC’s holdings in The Hartford Financial Services Group were worth $282,000 as of its most recent SEC filing. Other institutional investors also recently added to or reduced their stakes in the company. MV Capital Management Inc. lifted its position in shares of The Hartford Financial Services Group by 8.9% during the fourth quarter. MV Capital Management Inc. now owns 1,416 shares of the insurance provider’s stock valued at $114,000 after buying an additional 116 shares during the last quarter. Realta Investment Advisors lifted its position in The Hartford Financial Services Group by 3.7% during the fourth quarter. Realta Investment Advisors now owns 3,635 shares of the insurance provider’s stock valued at $292,000 after acquiring an additional 129 shares during the last quarter. Perigon Wealth Management LLC boosted its stake in The Hartford Financial Services Group by 4.7% in the fourth quarter. Perigon Wealth Management LLC now owns 3,204 shares of the insurance provider’s stock valued at $258,000 after acquiring an additional 143 shares in the last quarter. Moors & Cabot Inc. grew its holdings in The Hartford Financial Services Group by 1.5% in the third quarter. Moors & Cabot Inc. now owns 10,490 shares of the insurance provider’s stock worth $744,000 after purchasing an additional 150 shares during the last quarter. Finally, CI Investments Inc. increased its position in shares of The Hartford Financial Services Group by 2.9% during the third quarter. CI Investments Inc. now owns 5,473 shares of the insurance provider’s stock worth $388,000 after purchasing an additional 153 shares in the last quarter. Institutional investors own 93.42% of the company’s stock. Insider Buying and Selling at The Hartford Financial Services Group In other news, SVP Allison G. Niderno sold 1,516 shares of the stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $94.55, for a total transaction of $143,337.80. Following the sale, the senior vice president now directly owns 630 shares of the company’s stock, valued at approximately $59,566.50. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, SVP Allison G. Niderno sold 1,516 shares of the company’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $94.55, for a total transaction of $143,337.80. Following the completion of the transaction, the senior vice president now directly owns 630 shares of the company’s stock, valued at approximately $59,566.50. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Robert W. Paiano sold 14,528 shares of The Hartford Financial Services Group stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $93.97, for a total transaction of $1,365,196.16. Following the completion of the sale, the executive vice president now directly owns 46,792 shares in the company, valued at approximately $4,397,044.24. The disclosure for this sale can be found here. Over the last quarter, insiders sold 180,580 shares of company stock valued at $17,711,492. Corporate insiders own 1.60% of the company’s stock. The Hartford Financial Services Group Stock Up 1.0 % Shares of HIG opened at $103.17 on Monday. The stock’s 50-day moving average price is $99.81 and its 200-day moving average price is $89.41. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $30.51 billion, a price-to-earnings ratio of 11.72, a PEG ratio of 1.48 and a beta of 0.90. The Hartford Financial Services Group, Inc. has a 52 week low of $67.42 and a 52 week high of $103.64. The Hartford Financial Services Group (NYSE:HIG – Get Free Report) last released its quarterly earnings data on Thursday, April 25th. The insurance provider reported $2.34 EPS for the quarter, missing the consensus estimate of $2.43 by ($0.09). The company had revenue of $6.42 billion during the quarter, compared to analysts’ expectations of $6.51 billion. The Hartford Financial Services Group had a return on equity of 20.64% and a net margin of 10.87%. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.68 EPS. On average, sell-side analysts predict that The Hartford Financial Services Group, Inc. will post 9.94 EPS for the current year. The Hartford Financial Services Group Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 2nd. Investors of record on Monday, June 3rd will be given a dividend of $0.47 per share. The ex-dividend date is Friday, May 31st. This represents a $1.88 annualized dividend and a yield of 1.82%. The Hartford Financial Services Group’s dividend payout ratio is presently 21.36%. Wall Street Analyst Weigh In Several research analysts recently weighed in on HIG shares. Evercore ISI boosted their target price on The Hartford Financial Services Group from $96.00 to $104.00 and gave the stock an “in-line” rating in a research note on Thursday, April 11th. Citigroup upped their price objective on shares of The Hartford Financial Services Group from $113.00 to $116.00 and gave the company a “neutral” rating in a report on Monday, May 13th. Raymond James reaffirmed an “outperform” rating and issued a $120.00 price objective (up from $100.00) on shares of The Hartford Financial Services Group in a research report on Monday, April 1st. Piper Sandler reissued an “overweight” rating and set a $115.00 target price on shares of The Hartford Financial Services Group in a research report on Monday, April 1st. Finally, JPMorgan Chase & Co. raised their price target on shares of The Hartford Financial Services Group from $91.00 to $104.00 and gave the stock a “neutral” rating in a report on Monday, April 8th. Eight research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $105.88. Read Our Latest Stock Analysis on HIG About The Hartford Financial Services Group (Free Report) The Hartford Financial Services Group, Inc, together with its subsidiaries, provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Commercial Lines segment offers insurance coverages, including workers' compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, accident, health, and reinsurance through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers.
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 -2.81% 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 -9.14% of loss for the given period.
Volatility was left at 2.07%, however, over the last 30 days, the volatility rate increased by 1.23%, as shares surge +1.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.08% upper at present.
During the last 5 trading sessions, ALSN rose by +0.88%, which changed the moving average for the period of 200-days by +28.74% in comparison to the 20-day moving average, which settled at $75.24. In addition, Allison Transmission Holdings Inc saw 30.35% 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 van Niekerk Teresa, who sale 7,700 shares at the price of $75.70 back on May 07 ’24. After this action, van Niekerk Teresa now owns 16,628 shares of Allison Transmission Holdings Inc, valued at $582,856 using the latest closing price.
Coll John, the SVP, Global MSS of Allison Transmission Holdings Inc, sale 2,000 shares at $81.06 during a trade that took place back on Apr 01 ’24, which means that Coll John is holding 16,420 shares at $162,121 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 57.68, with 13.59 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 17.09.
Currently, EBITDA for the company is 1.07 billion with net debt to EBITDA at 1.88. When we switch over and look at the enterprise to sales, we see a ratio of 2.76. 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 2.51.
Conclusion
In conclusion, Allison Transmission Holdings Inc (ALSN) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high..
