Allison Transmission - ALSN Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Allison Transmission in the last twelve months. There are currently 3 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "sell" ALSN shares.
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5 equities research analysts have issued 12-month target prices for Allison Transmission's shares. Their ALSN share price forecasts range from $32.00 to $44.00. On average, they expect the company's share price to reach $38.80 in the next twelve months. This suggests that the stock has a possible downside of 1.2%.
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Allison Transmission's stock was trading at $36.35 at the beginning of 2022. Since then, ALSN stock has increased by 8.0% and is now trading at $39.26.
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Allison Transmission saw a decline in short interest in the month of July. As of July 31st, there was short interest totaling 2,970,000 shares, a decline of 8.6% from the July 15th total of 3,250,000 shares. Based on an average daily volume of 746,800 shares, the short-interest ratio is presently 4.0 days. Currently, 3.1% of the shares of the stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our ALSN earnings forecast.

Allison Transmission Holdings, Inc. (NYSE:ALSN) issued its earnings results on Wednesday, August, 3rd. The auto parts company reported $1.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.35 by $0.09. Allison Transmission had a net margin of 18.14% and a trailing twelve-month return on equity of 66.88%. During the same period last year, the company posted $1.01 earnings per share.

Allison Transmission announced a quarterly dividend on Tuesday, August 9th. Investors of record on Monday, August 22nd will be given a dividend of $0.21 per share on Wednesday, August 31st. This represents a $0.84 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date of this dividend is Friday, August 19th.
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 2.17%. 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 18.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ALSN will have a dividend payout ratio of 14.17% 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, August, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.65 billion-$2.75 billion, compared to the consensus revenue estimate of $2.71 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 many different institutional and retail investors. Top institutional shareholders include FMR LLC (15.13%), Burgundy Asset Management Ltd. (6.21%), Renaissance Technologies LLC (3.92%), London Co. of Virginia (2.71%), AQR Capital Management LLC (1.79%) and State Street Corp (1.73%). 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 $39.26.

Allison Transmission (NYSE:ALSN) has a market capitalization of $3.78 billion and generates $2.40 billion in revenue each year. The auto parts company earns $442 million in net income (profit) each year or $4.60 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.