Research Analysts’ Weekly Ratings Updates for Allison Transmission (ALSN)

A number of research firms have changed their ratings and price targets for Allison Transmission (NYSE: ALSN):

  • 2/12/2018 – Allison Transmission was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” 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. “
  • 2/9/2018 – Allison Transmission was given a new $44.00 price target on by analysts at Stifel Nicolaus. They now have a “hold” rating on the stock.
  • 2/8/2018 – Allison Transmission was downgraded by analysts at Bank of America Corp from a “buy” rating to a “neutral” rating. They now have a $48.00 price target on the stock, down previously from $52.00.
  • 2/6/2018 – Allison Transmission was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $48.00 price target on the stock. 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. “
  • 2/2/2018 – Allison Transmission was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” 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. “

Allison Transmission Holdings Inc (NYSE ALSN) opened at $41.67 on Tuesday. The firm has a market cap of $5,904.34, a price-to-earnings ratio of 18.44, a price-to-earnings-growth ratio of 1.51 and a beta of 1.15. Allison Transmission Holdings Inc has a 1-year low of $32.93 and a 1-year high of $45.69. The company has a quick ratio of 1.15, a current ratio of 1.50 and a debt-to-equity ratio of 4.57.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Tuesday, February 20th will be issued a $0.15 dividend. The ex-dividend date is Friday, February 16th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.44%. Allison Transmission’s dividend payout ratio (DPR) is presently 26.55%.

In other news, VP Eric C. Scroggins sold 7,500 shares of the firm’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of $39.51, for a total value of $296,325.00. Following the transaction, the vice president now owns 23,480 shares of the company’s stock, valued at approximately $927,694.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director James A. Star sold 640,835 shares of the firm’s stock in a transaction on Friday, January 5th. The shares were sold at an average price of $44.39, for a total transaction of $28,446,665.65. Following the completion of the transaction, the director now directly owns 41,450 shares in the company, valued at approximately $1,839,965.50. The disclosure for this sale can be found here. In the last quarter, insiders sold 3,413,129 shares of company stock worth $150,042,595. 7.90% of the stock is owned by company insiders.

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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