Allison Transmission Holdings Inc (NASDAQ:ALSN) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, July 25th. Analysts expect the company to announce earnings of $0.46 per share for the quarter.
Allison Transmission Holdings (NASDAQ:ALSN) last announced its quarterly earnings data on Wednesday, April 26th. The auto parts company reported $0.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.35 by $0.17. Allison Transmission Holdings had a net margin of 16.63% and a return on equity of 36.64%. The company had revenue of $499 million during the quarter, compared to analysts’ expectations of $461.76 million. During the same period in the previous year, the company earned $0.63 EPS. The business’s quarterly revenue was up 8.0% compared to the same quarter last year. On average, analysts expect Allison Transmission Holdings to post $1.81 EPS for the current fiscal year and $2.03 EPS for the next fiscal year.
Shares of Allison Transmission Holdings Inc (NASDAQ ALSN) opened at 38.30 on Tuesday. Allison Transmission Holdings Inc has a 52 week low of $26.74 and a 52 week high of $40.02. The stock has a market capitalization of $5.82 billion and a PE ratio of 25.48. The stock’s 50 day moving average is $37.77 and its 200 day moving average is $36.22.
A number of equities research analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Allison Transmission Holdings from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 11th. BidaskClub upgraded shares of Allison Transmission Holdings from a “hold” rating to a “buy” rating in a research report on Wednesday, June 28th. Deutsche Bank AG increased their target price on shares of Allison Transmission Holdings from $43.00 to $44.00 and gave the stock a “hold” rating in a research report on Friday, April 28th. Piper Jaffray Companies set a $30.00 target price on shares of Allison Transmission Holdings and gave the stock a “sell” rating in a research report on Thursday, April 27th. Finally, Royal Bank Of Canada reiterated a “buy” rating on shares of Allison Transmission Holdings in a research report on Friday, July 7th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, six have issued a buy rating and two have given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $38.00.
In related news, CFO David S. Graziosi sold 50,000 shares of the firm’s stock in a transaction on Tuesday, May 23rd. The shares were sold at an average price of $38.19, for a total value of $1,909,500.00. Following the transaction, the chief financial officer now directly owns 244,123 shares in the company, valued at approximately $9,323,057.37. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Randall R. Kirk sold 7,230 shares of the firm’s stock in a transaction on Wednesday, May 3rd. The shares were sold at an average price of $38.59, for a total transaction of $279,005.70. Following the completion of the transaction, the senior vice president now owns 72,085 shares in the company, valued at $2,781,760.15. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 129,078 shares of company stock worth $4,977,046.
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Allison Transmission Holdings Company Profile
Allison Transmission Holdings, Inc and its subsidiaries design and manufacture commercial and defense fully-automatic transmissions. The Company manufactures fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium-and heavy-tactical United States defense vehicles. The Company’s transmissions are used in a range of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (primarily school, transit and hybrid-transit), motorhomes, off-highway vehicles and equipment (energy, mining and construction) and defense vehicles (wheeled and tracked).
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