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 Wall Street analysts have issued 1-year price objectives for Allison Transmission's shares. Their ALSN stock forecasts range from $32.00 to $44.00. On average, they anticipate the company's stock price to reach $38.40 in the next twelve months. This suggests a possible upside of 1.1% from the stock's current price.
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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 4.5% and is now trading at $37.97.
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Allison Transmission is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
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Allison Transmission Holdings, Inc. (NYSE:ALSN) released its quarterly earnings results on Wednesday, August, 3rd. The auto parts company reported $1.26 EPS for the quarter, missing the consensus estimate of $1.35 by $0.09. Allison Transmission had a trailing twelve-month return on equity of 66.88% and a net margin of 18.14%. During the same quarter in the previous year, the company earned $1.01 EPS.

Allison Transmission announced a quarterly dividend on Wednesday, May 4th. Investors of record on Monday, May 16th will be paid a dividend of $0.21 per share on Friday, May 27th. This represents a $0.84 annualized dividend and a dividend yield of 2.21%. The ex-dividend date is Friday, May 13th.
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 2.23%. 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 14.12% 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, 3rd. 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 a number of institutional and retail investors. Top institutional investors include Seizert Capital Partners LLC (1.70%), Copeland Capital Management LLC (1.44%), Reinhart Partners Inc. (0.53%), Dudley & Shanley Inc. (0.47%), Clifford Swan Investment Counsel LLC (0.42%) and Wedge Capital Management L L P NC (0.39%). 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 $37.97.

Allison Transmission (NYSE:ALSN) has a market capitalization of $3.69 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.

Allison Transmission 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.