Allison Transmission Holdings (NYSE: ALSN) recently received a number of ratings updates from brokerages and research firms:

  • 11/1/2017 – Allison Transmission Holdings was given a new $26.00 price target on by analysts at Piper Jaffray Companies. They now have a “sell” rating on the stock.
  • 11/1/2017 – Allison Transmission Holdings was given a new $37.00 price target on by analysts at Deutsche Bank AG. They now have a “sell” rating on the stock.
  • 11/1/2017 – Allison Transmission Holdings had its price target raised by analysts at Stifel Nicolaus from $41.00 to $45.00. They now have a “hold” rating on the stock.
  • 11/1/2017 – Allison Transmission Holdings had its price target raised by analysts at Buckingham Research from $36.00 to $42.00. They now have a “neutral” rating on the stock.
  • 11/1/2017 – Allison Transmission Holdings had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $52.00 price target on the stock.
  • 10/30/2017 – Allison Transmission Holdings had its price target raised by analysts at J P Morgan Chase & Co from $39.00 to $41.00. They now have a “neutral” rating on the stock.
  • 10/27/2017 – Allison Transmission Holdings was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 10/21/2017 – Allison Transmission Holdings was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 10/12/2017 – Allison Transmission Holdings was downgraded by analysts at Longbow Research from a “buy” rating to a “neutral” rating.
  • 10/3/2017 – Allison Transmission Holdings was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 10/3/2017 – Allison Transmission Holdings was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “sell” rating. According to Zacks, “Allison Transmission Holdings, Inc. is engaged in the manufacturing of fully-automatic transmissions for medium- and heavy-duty commercial vehicles, medium- and heavy-tactical U.S. military vehicles and hybrid-propulsion systems for transit buses. The Company’s products are used in a variety of applications including on-highway trucks, buses, motorhomes, off-highway vehicles and equipment and military vehicles. Allison Transmission Holdings, Inc. is headquartered in Indianapolis, Indiana. “
  • 9/27/2017 – Allison Transmission Holdings was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 9/8/2017 – Allison Transmission Holdings was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 9/5/2017 – Allison Transmission Holdings was downgraded by analysts at Deutsche Bank AG from a “hold” rating to a “sell” rating. They now have a $33.00 price target on the stock, down previously from $43.00.
  • 9/5/2017 – Allison Transmission Holdings is now covered by analysts at Buckingham Research. They set a “neutral” rating and a $36.00 price target on the stock.

Allison Transmission Holdings (NYSE:ALSN) last announced its quarterly earnings data on Monday, October 30th. The auto parts company reported $0.75 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.27. The company had revenue of $595.00 million for the quarter, compared to analysts’ expectations of $533.53 million. Allison Transmission Holdings had a net margin of 16.34% and a return on equity of 41.80%. The business’s revenue was up 37.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 EPS.

In other news, SVP Randall R. Kirk sold 7,541 shares of Allison Transmission Holdings stock in a transaction that occurred on Tuesday, September 5th. The shares were sold at an average price of $34.27, for a total value of $258,430.07. Following the transaction, the senior vice president now directly owns 84,494 shares of the company’s stock, valued at $2,895,609.38. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO David S. Graziosi sold 39,264 shares of Allison Transmission Holdings stock in a transaction that occurred on Wednesday, September 27th. The stock was sold at an average price of $37.23, for a total transaction of $1,461,798.72. Following the completion of the transaction, the chief financial officer now directly owns 233,387 shares in the company, valued at $8,688,998.01. The disclosure for this sale can be found here. Company insiders own 7.90% of the company’s stock.

Allison Transmission Holdings, Inc and its subsidiaries design and manufacture commercial and defense fully-automatic transmissions. The Company manufactures fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium-and heavy-tactical United States defense vehicles. The Company’s transmissions are used in a range of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (primarily school, transit and hybrid-transit), motorhomes, off-highway vehicles and equipment (energy, mining and construction) and defense vehicles (wheeled and tracked).

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