The stock of Allison Transmission Holdings Inc (ALSN) has gone up by 2.93% for the week, with a 18.40% rise in the past month and a 30.16% rise in the past quarter. The volatility ratio for the week is 2.21%, and the volatility levels for the past 30 days are 2.19% for ALSN. The simple moving average for the past 20 days is 2.24% for ALSN’s stock, with a 38.18% simple moving average for the past 200 days.
Is It Worth Investing in Allison Transmission Holdings Inc (NYSE: ALSN) Right Now?
The price-to-earnings ratio for Allison Transmission Holdings Inc (NYSE: ALSN) is above average at 14.45x, Company’s 36-month beta value is 0.98.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 5 as “overweight,” 8 as “hold,” and 2 as “sell.”
The public float for ALSN is 86.00M, and currently, short sellers hold a 2.24% ratio of that floaft. The average trading volume of ALSN on November 28, 2024 was 590.78K shares.
ALSN) stock’s latest price update
The stock price of Allison Transmission Holdings Inc (NYSE: ALSN) has plunged by -0.83 when compared to previous closing price of 119.57, but the company has seen a 2.93% gain in its stock price over the last five trading sessions. zacks.com reported 2024-11-18 that The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here’s why you should take advantage.
Analysts’ Opinion of ALSN
Many brokerage firms have already submitted their reports for ALSN stocks, with Raymond James repeating the rating for ALSN by listing it as a “Outperform.” The predicted price for ALSN in the upcoming period, according to Raymond James is $85 based on the research report published on June 28, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see ALSN reach a price target of $80. The rating they have provided for ALSN stocks is “Neutral” according to the report published on June 26th, 2024.
Morgan Stanley gave a rating of “Equal-Weight” to ALSN, setting the target price at $62 in the report published on January 08th of the current year.
ALSN Trading at 12.85% 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 -3.22% of loss for the given period.
Volatility was left at 2.19%, however, over the last 30 days, the volatility rate increased by 2.21%, as shares surge +9.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +33.88% upper at present.
During the last 5 trading sessions, ALSN rose by +2.93%, which changed the moving average for the period of 200-days by +92.69% in comparison to the 20-day moving average, which settled at $115.98. In addition, Allison Transmission Holdings Inc saw 103.92% 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 Graziosi David S., who proposed sale 1,723 shares at the price of $120.26 back on Nov 27 ’24. After this action, Graziosi David S. now owns shares of Allison Transmission Holdings Inc, valued at $207,200 using the latest closing price.
Graziosi David S., the Chair, President and CEO of Allison Transmission Holdings Inc, sale 5,326 shares at $120.12 during a trade that took place back on Nov 25 ’24, which means that Graziosi David S. is holding 168,833 shares at $639,764 based on the most recent closing price.
Stock Fundamentals for ALSN
Current profitability levels for the company are sitting at:
- 0.31 for the present operating margin
- 0.47 for the gross margin
The net margin for Allison Transmission Holdings Inc stands at 0.23. The total capital return value is set at 0.2. Equity return is now at value 51.76, with 14.02 for asset returns.
Based on Allison Transmission Holdings Inc (ALSN), the company’s capital structure generated 0.6 points at debt to capital in total, while cash flow to debt ratio is standing at 0.34. The debt to equity ratio resting at 1.48. The interest coverage ratio of the stock is 10.23.
Currently, EBITDA for the company is 1.08 billion with net debt to EBITDA at 1.41. When we switch over and look at the enterprise to sales, we see a ratio of 3.71. The receivables turnover for the company is 8.15for trailing twelve months and the total asset turnover is 0.6. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.83.
Conclusion
In a nutshell, Allison Transmission Holdings Inc (ALSN) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
