Allison Transmission - ALSN Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allison Transmission in the last year. There are currently 3 sell ratings and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "sell" ALSN shares.
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4 Wall Street analysts have issued 12 month price targets for Allison Transmission's stock. Their ALSN share price forecasts range from $32.00 to $49.00. On average, they predict the company's stock price to reach $39.40 in the next year. This suggests that the stock has a possible downside of 8.5%.
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Allison Transmission's stock was trading at $36.35 on January 1st, 2022. Since then, ALSN stock has increased by 18.5% and is now trading at $43.07.
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Allison Transmission saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 2,680,000 shares, a decrease of 18.5% from the October 31st total of 3,290,000 shares. Based on an average daily volume of 838,300 shares, the short-interest ratio is currently 3.2 days. Approximately 2.9% of the company's shares are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
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Allison Transmission Holdings, Inc. (NYSE:ALSN) released its quarterly earnings data on Wednesday, October, 26th. The auto parts company reported $1.45 EPS for the quarter, beating the consensus estimate of $1.31 by $0.14. The auto parts company earned $710 million during the quarter, compared to analysts' expectations of $681.87 million. Allison Transmission had a net margin of 18.85% and a trailing twelve-month return on equity of 71.96%. The business's revenue was up 25.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.89 EPS.

Allison Transmission declared a quarterly dividend on Monday, November 7th. Investors of record on Monday, November 21st will be given a dividend of $0.21 per share on Wednesday, November 30th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date is Friday, November 18th.
Read our dividend analysis for ALSN.

Allison Transmission (NYSE:ALSN) pays an annual dividend of $0.84 per share and currently has a dividend yield of 1.92%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 16.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ALSN will have a dividend payout ratio of 14.09% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ALSN.

Allison Transmission issued an update on its FY 2022 earnings guidance on Wednesday, November, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.69 billion-$2.74 billion, compared to the consensus revenue estimate of $2.69 billion.

20 employees have rated Allison Transmission Chief Executive Officer David S. Graziosi on Glassdoor.com. David S. Graziosi has an approval rating of 43% among the company's employees. This puts David S. Graziosi in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Allison Transmission investors own include Alibaba Group (BABA), Energy Transfer (ET), Advanced Micro Devices (AMD), NVIDIA (NVDA), Micron Technology (MU), AT&T (T), Applied Materials (AMAT), Tesla (TSLA), Verizon Communications (VZ) and Salesforce (CRM).

Allison Transmission trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALSN."

Allison Transmission's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (12.90%), Burgundy Asset Management Ltd. (6.32%), LSV Asset Management (4.90%), BlackRock Inc. (4.25%), Renaissance Technologies LLC (3.67%) and London Co. of Virginia (2.80%). Insiders that own company stock include Eric C Scroggins, Michael Dick and Thomas W Rabaut.
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Shares of ALSN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ALSN stock can currently be purchased for approximately $43.07.

Allison Transmission (NYSE:ALSN) has a market capitalization of $3.98 billion and generates $2.40 billion in revenue each year. The auto parts company earns $442 million in net income (profit) each year or $5.16 on an earnings per share basis.

The company employs 3,400 workers across the globe.

Allison Transmission's mailing address is ONE ALLISON WAY, INDIANAPOLIS IN, 46222. The official website for the company is www.allisontransmission.com. The auto parts company can be reached via phone at (317) 242-5000, via email at ir@allisontransmission.com, or via fax at 317-242-0630.