Equities research analysts expect Allison Transmission Holdings Inc (NYSE:ALSN) to report $0.59 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Six analysts have made estimates for Allison Transmission’s earnings. The lowest EPS estimate is $0.52 and the highest is $0.65. Allison Transmission posted earnings of $0.36 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 63.9%. The firm is scheduled to report its next earnings report on Monday, February 5th.

On average, analysts expect that Allison Transmission will report full-year earnings of $2.49 per share for the current financial year, with EPS estimates ranging from $2.42 to $2.54. For the next year, analysts expect that the business will report earnings of $2.62 per share, with EPS estimates ranging from $2.45 to $2.86. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that that provide coverage for Allison Transmission.

Allison Transmission (NYSE:ALSN) last posted its quarterly earnings results on Monday, October 30th. The auto parts company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.48 by $0.27. Allison Transmission had a net margin of 16.34% and a return on equity of 45.65%. The business had revenue of $595.00 million during the quarter, compared to analyst estimates of $533.53 million. During the same quarter in the previous year, the business posted $0.27 EPS. The company’s quarterly revenue was up 37.1% compared to the same quarter last year.

ALSN has been the topic of a number of analyst reports. Bank of America reaffirmed a “buy” rating on shares of Allison Transmission in a research report on Thursday, November 23rd. Piper Jaffray Companies set a $26.00 price objective on shares of Allison Transmission and gave the stock a “sell” rating in a research report on Friday, November 17th. Zacks Investment Research raised shares of Allison Transmission from a “hold” rating to a “buy” rating and set a $49.00 price objective on the stock in a research report on Friday, November 3rd. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Allison Transmission in a research report on Thursday, November 2nd. Finally, Citigroup lifted their price objective on shares of Allison Transmission from $45.00 to $50.00 and gave the stock a “buy” rating in a research report on Thursday, November 2nd. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $44.18.

Shares of Allison Transmission (ALSN) opened at $41.78 on Friday. Allison Transmission has a twelve month low of $32.80 and a twelve month high of $45.69. The company has a debt-to-equity ratio of 4.57, a current ratio of 1.50 and a quick ratio of 1.15. The company has a market cap of $5,874.57, a PE ratio of 18.34, a PEG ratio of 1.67 and a beta of 1.22.

The business also recently announced a quarterly dividend, which was paid on Thursday, November 30th. Shareholders of record on Monday, November 20th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.44%. The ex-dividend date was Friday, November 17th. Allison Transmission’s dividend payout ratio is presently 26.55%.

Allison Transmission announced that its board has authorized a stock repurchase program on Wednesday, November 8th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the auto parts company to buy shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s management believes its shares are undervalued.

In other Allison Transmission news, VP Eric C. Scroggins sold 7,500 shares of the business’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $39.51, for a total transaction of $296,325.00. Following the sale, the vice president now owns 23,480 shares of the company’s stock, valued at approximately $927,694.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO David S. Graziosi sold 39,264 shares of the business’s 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 sale, the chief financial officer now directly owns 233,387 shares in the company, valued at approximately $8,688,998.01. The disclosure for this sale can be found here. 7.90% of the stock is currently owned by insiders.

Large investors have recently added to or reduced their stakes in the business. Burgundy Asset Management Ltd. boosted its holdings in shares of Allison Transmission by 6.6% in the 3rd quarter. Burgundy Asset Management Ltd. now owns 5,114,840 shares of the auto parts company’s stock valued at $191,960,000 after acquiring an additional 318,821 shares during the last quarter. Standard Life Investments LTD boosted its holdings in shares of Allison Transmission by 15.9% in the 2nd quarter. Standard Life Investments LTD now owns 3,682,743 shares of the auto parts company’s stock valued at $138,158,000 after acquiring an additional 504,518 shares during the last quarter. Neuberger Berman Group LLC boosted its holdings in shares of Allison Transmission by 0.4% in the 3rd quarter. Neuberger Berman Group LLC now owns 2,732,598 shares of the auto parts company’s stock valued at $102,554,000 after acquiring an additional 10,476 shares during the last quarter. Schroder Investment Management Group boosted its holdings in shares of Allison Transmission by 11.8% in the 3rd quarter. Schroder Investment Management Group now owns 2,430,400 shares of the auto parts company’s stock valued at $90,459,000 after acquiring an additional 255,688 shares during the last quarter. Finally, Jennison Associates LLC boosted its holdings in shares of Allison Transmission by 3.8% in the 3rd quarter. Jennison Associates LLC now owns 1,788,436 shares of the auto parts company’s stock valued at $67,120,000 after acquiring an additional 65,743 shares during the last quarter.

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About Allison Transmission

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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