Analysts expect Allison Transmission Holdings Inc (NYSE:ALSN) to post earnings per share of $1.09 for the current fiscal quarter, Zacks Investment Research reports. Six analysts have provided estimates for Allison Transmission’s earnings. The highest EPS estimate is $1.11 and the lowest is $1.04. Allison Transmission reported earnings of $0.75 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 45.3%. The firm is scheduled to issue its next earnings report on Monday, October 29th.

According to Zacks, analysts expect that Allison Transmission will report full year earnings of $4.43 per share for the current year, with EPS estimates ranging from $4.29 to $4.50. For the next year, analysts anticipate that the company will post earnings of $4.54 per share, with EPS estimates ranging from $4.09 to $5.09. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that that provide coverage for Allison Transmission.

Allison Transmission (NYSE:ALSN) last announced its quarterly earnings data on Monday, July 30th. The auto parts company reported $1.29 EPS for the quarter, beating the consensus estimate of $1.00 by $0.29. Allison Transmission had a net margin of 25.46% and a return on equity of 86.52%. The business had revenue of $711.00 million during the quarter, compared to analysts’ expectations of $655.33 million. During the same period in the previous year, the business posted $0.63 EPS. The business’s quarterly revenue was up 22.6% compared to the same quarter last year.

Several research firms recently issued reports on ALSN. Stifel Nicolaus boosted their target price on shares of Allison Transmission from $53.00 to $56.00 and gave the company a “buy” rating in a research note on Tuesday, July 31st. Piper Jaffray Companies set a $26.00 target price on shares of Allison Transmission and gave the company a “sell” rating in a research note on Tuesday, July 31st. Credit Suisse Group boosted their target price on shares of Allison Transmission from $48.00 to $55.00 and gave the company an “outperform” rating in a research note on Wednesday, August 1st. Zacks Investment Research upgraded shares of Allison Transmission from a “hold” rating to a “buy” rating and set a $47.00 target price for the company in a research note on Wednesday, August 1st. Finally, Mizuho began coverage on shares of Allison Transmission in a research note on Friday, June 29th. They issued a “buy” rating and a $50.00 target price for the company. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Allison Transmission presently has an average rating of “Hold” and an average target price of $45.75.

NYSE ALSN traded up $0.22 on Friday, hitting $51.61. 18,067 shares of the company’s stock traded hands, compared to its average volume of 1,033,703. The company has a current ratio of 1.43, a quick ratio of 1.05 and a debt-to-equity ratio of 4.19. Allison Transmission has a 1-year low of $34.26 and a 1-year high of $52.22. The stock has a market cap of $6.74 billion, a price-to-earnings ratio of 19.35, a PEG ratio of 1.16 and a beta of 1.30.

The company also recently announced a quarterly dividend, which was paid on Friday, August 31st. Investors of record on Monday, August 20th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.16%. The ex-dividend date of this dividend was Friday, August 17th. Allison Transmission’s dividend payout ratio is currently 22.56%.

In related news, VP Eric C. Scroggins sold 4,470 shares of the business’s stock in a transaction on Monday, September 10th. The shares were sold at an average price of $51.20, for a total value of $228,864.00. Following the completion of the transaction, the vice president now directly owns 23,423 shares in the company, valued at approximately $1,199,257.60. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO David S. Graziosi sold 5,000 shares of the business’s stock in a transaction on Monday, August 20th. The stock was sold at an average price of $48.52, for a total transaction of $242,600.00. Following the completion of the sale, the chief executive officer now directly owns 196,921 shares of the company’s stock, valued at approximately $9,554,606.92. The disclosure for this sale can be found here. Over the last quarter, insiders sold 19,350 shares of company stock valued at $947,384. Company insiders own 8.40% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of ALSN. Burney Co. lifted its holdings in shares of Allison Transmission by 77.4% in the second quarter. Burney Co. now owns 146,363 shares of the auto parts company’s stock valued at $5,926,000 after purchasing an additional 63,842 shares in the last quarter. Alpha Windward LLC acquired a new stake in shares of Allison Transmission in the second quarter valued at about $496,000. GSA Capital Partners LLP acquired a new stake in shares of Allison Transmission in the second quarter valued at about $2,535,000. Penn Capital Management Co. Inc. acquired a new stake in shares of Allison Transmission in the first quarter valued at about $1,993,000. Finally, James Investment Research Inc. increased its position in shares of Allison Transmission by 6.9% in the second quarter. James Investment Research Inc. now owns 57,139 shares of the auto parts company’s stock valued at $2,314,000 after acquiring an additional 3,702 shares during the last quarter.

About Allison Transmission

Allison Transmission Holdings, Inc, together with its subsidiaries, designs, manufactures, and sells commercial and defense fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium- and heavy-tactical U.S. defense vehicles worldwide. It offers 13 transmission product lines with approximately 100 product models for various applications, including distribution, refuse, construction, fire, and emergency on-highway trucks; school, transit, and hybrid-transit buses; motor homes; energy, mining, and construction off-highway vehicles and equipment; and wheeled and tracked defense vehicles.

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