Allison Transmission Holdings (NYSE: ALSN) recently received a number of ratings updates from brokerages and research firms:

  • 8/8/2017 – Allison Transmission Holdings had its “outperform” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $48.00 price target on the stock, up previously from $46.00.
  • 8/3/2017 – Allison Transmission Holdings was given a new $41.00 price target on by analysts at Stifel Nicolaus. They now have a “hold” rating on the stock.
  • 8/2/2017 – Allison Transmission Holdings had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada.
  • 8/2/2017 – Allison Transmission Holdings had its price target raised by analysts at Royal Bank Of Canada from $46.00 to $48.00. They now have an “outperform” rating on the stock.
  • 8/2/2017 – Allison Transmission Holdings had its price target lowered by analysts at Deutsche Bank AG from $44.00 to $43.00. They now have a “hold” rating on the stock.
  • 8/1/2017 – Allison Transmission Holdings was upgraded by analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating. They now have a $51.00 price target on the stock, up previously from $43.00.
  • 7/31/2017 – Allison Transmission Holdings was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 7/28/2017 – Allison Transmission Holdings had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $41.00 price target on the stock, up previously from $40.00.
  • 7/19/2017 – Allison Transmission Holdings had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $40.00 price target on the stock.
  • 7/19/2017 – Allison Transmission Holdings was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 7/12/2017 – Allison Transmission Holdings had its “sell” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $31.00 price target on the stock.
  • 7/7/2017 – Allison Transmission Holdings had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada.
  • 6/28/2017 – Allison Transmission Holdings was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 6/17/2017 – Allison Transmission Holdings was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.

Allison Transmission Holdings, Inc. (NYSE ALSN) traded down 1.46% during trading on Friday, reaching $36.50. 889,267 shares of the company’s stock were exchanged. Allison Transmission Holdings, Inc. has a 52 week low of $26.74 and a 52 week high of $40.25. The firm has a market capitalization of $5.43 billion, a price-to-earnings ratio of 20.73 and a beta of 1.18. The stock has a 50-day moving average price of $37.71 and a 200 day moving average price of $37.00.

Allison Transmission Holdings (NYSE:ALSN) last issued its earnings results on Monday, July 31st. The auto parts company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.47 by $0.16. The company had revenue of $580 million for the quarter, compared to analyst estimates of $515.03 million. Allison Transmission Holdings had a net margin of 14.32% and a return on equity of 31.27%. The business’s revenue was up 22.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.37 EPS. Equities research analysts forecast that Allison Transmission Holdings, Inc. will post $2.11 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Monday, August 21st will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, August 17th. This represents a $0.60 annualized dividend and a dividend yield of 1.62%. Allison Transmission Holdings’s payout ratio is currently 33.71%.

In related news, CFO David S. Graziosi sold 50,000 shares of the business’s stock in a transaction dated 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 sale, 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 legal filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Michael Dick sold 7,342 shares of the business’s stock in a transaction dated Tuesday, May 23rd. The stock was sold at an average price of $38.02, for a total transaction of $279,142.84. Following the completion of the sale, the senior vice president now owns 36,931 shares in the company, valued at $1,404,116.62. The disclosure for this sale can be found here. Insiders have sold a total of 132,584 shares of company stock worth $5,126,514 over the last 90 days. Insiders own 7.90% of the company’s stock.

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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