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Allison Transmission Holdings Inc. (ALSN) saw an uptrend of 1.05% in the recent trading with $42.19 being its most recent. The current price level -8.12% lower than the highest price of $45.92 marked by the stock while trading over the past 52-weeks, whereas it is 33.13% higher than the lowest price of $31.69 the company dropped to over past 52-weeks. The latest news story on ALSN appeared in Simply Wall St. under the title “Should We Be Excited About The Trends Of Returns At Allison Transmission Holdings (NYSE:ALSN)?” on Mar-21-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -3.31% below one month high and is +8.49% above of the lowest during that time. Looking into the simple moving average, Allison Transmission Holdings Inc. (ALSN)’s stock stands at a SMA-50 of $41.29 while that of 5-day is reading $41.40.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and ALSN’s SMA-200 as of now is $39.24.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 12 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.40 for the stock.
Allison Transmission Holdings Inc. Earnings – What Happened With ALSN
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Allison Transmission Holdings Inc. (ALSN) last released financial results for the quarter that ended 12/30/2020, posting a surprise factor of -4.30% for net revenue. During the reported three-month period, company’s sales were $535.0 billion while analysts on average were estimating the same to be $588.41 million.
ALSN – Allison Transmission Holdings Inc. Stock Earnings Estimates
The perspective of Allison Transmission Holdings Inc. (NYSE:ALSN)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.7 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was 0.67.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 114.00 million. ALSN does have institutional investors.
Allison Transmission Holdings Inc. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 30 new insider purchases involving 197,970 shares. On the other hand, ALSN declared 277,660 shares have been sold in 19 insider transactions over the past three months.
As on Dec 30, 2020, FMR, LLC was the top most holder in Allison Transmission Holdings Inc. (NYSE:ALSN) with an ownership of 15.67 million shares of the company or 14.11% of the stake worth $676.02 million. The filing also reveals Vanguard Group, Inc. (The) as the second largest holder in the company with a control over 9.93% of the outstanding shares. Its stake is worth $475.72 million for having 11.03 million shares in hand.
Boston Partners also came holding a key position in the company during the recent quarter and it now holds 5.77% of the outstanding shares. With this there are now 435 institutions which have possession in ALSN’s shares.
Currently, the stock has been recommended as Moderate Buy by 12 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.40 for the stock.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Allison Transmission Holdings Inc. was 2.03 while posting a debt to equity ratio of 3.32. The count was 333.86 for long-term debt to equity ratio.
Allison Transmission Holdings Inc.’s return on equity, or ROE, is 41.40%, compared to the industry average of 3.41% for Consumer Cyclical – Auto Parts. Although this indicates that ALSN uses its equity well, the metric will vary significantly depending on the industry.