$0.91 EPS Expected for Allison Transmission Holdings, Inc. (NYSE:ALSN) This Quarter


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Equities analysts expect that Allison Transmission Holdings, Inc. (NYSE:ALSN) will announce earnings per share (EPS) of $0.91 for the current quarter, Zacks Investment Research reports. Five analysts have made estimates for Allison Transmission’s earnings, with estimates ranging from $0.77 to $1.06. Allison Transmission posted earnings of $1.20 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 24.2%. The firm is expected to report its next earnings report on Monday, May 3rd.

According to Zacks, analysts expect that Allison Transmission will report full year earnings of $3.75 per share for the current fiscal year, with EPS estimates ranging from $3.60 to $4.00. For the next year, analysts anticipate that the firm will post earnings of $4.59 per share, with EPS estimates ranging from $4.10 to $5.45. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow Allison Transmission.

Allison Transmission (NYSE:ALSN) last issued its quarterly earnings results on Tuesday, February 16th. The auto parts company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.06. Allison Transmission had a net margin of 16.00% and a return on equity of 46.60%. The firm had revenue of $535.00 million for the quarter, compared to analyst estimates of $510.46 million.

A number of research analysts have recently commented on the stock. TheStreet downgraded shares of Allison Transmission from a “b” rating to a “c+” rating in a research report on Wednesday, February 17th. Morgan Stanley decreased their price objective on shares of Allison Transmission from $45.00 to $34.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 9th. Bank of America downgraded shares of Allison Transmission from a “neutral” rating to an “underperform” rating in a research report on Monday, January 11th. Vertical Research assumed coverage on shares of Allison Transmission in a research report on Wednesday, January 20th. They issued a “hold” rating and a $44.00 price objective for the company. Finally, Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell lifted their price objective on shares of Allison Transmission from $44.00 to $46.00 in a research report on Tuesday, March 16th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. Allison Transmission has a consensus rating of “Hold” and a consensus target price of $44.13.

ALSN stock traded down $0.51 during midday trading on Friday, hitting $41.68. The company’s stock had a trading volume of 8,173 shares, compared to its average volume of 1,170,416. The company has a debt-to-equity ratio of 3.36, a current ratio of 1.86 and a quick ratio of 1.40. Allison Transmission has a twelve month low of $31.69 and a twelve month high of $45.92. The company’s fifty day moving average price is $40.57 and its 200 day moving average price is $40.53. The stock has a market capitalization of $4.63 billion, a P/E ratio of 13.98, a PEG ratio of 1.65 and a beta of 1.23.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 5th. Shareholders of record on Monday, February 22nd were paid a $0.19 dividend. This is a boost from Allison Transmission’s previous quarterly dividend of $0.17. The ex-dividend date was Friday, February 19th. This represents a $0.76 annualized dividend and a yield of 1.82%. Allison Transmission’s payout ratio is 15.64%.

In other Allison Transmission news, SVP Michael Dick sold 5,609 shares of Allison Transmission stock in a transaction dated Monday, January 25th. The shares were sold at an average price of $45.00, for a total value of $252,405.00. Following the completion of the sale, the senior vice president now owns 59,275 shares in the company, valued at approximately $2,667,375. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.10% of the stock is owned by insiders.

Institutional investors have recently modified their holdings of the business. Boston Partners acquired a new position in shares of Allison Transmission in the 4th quarter valued at approximately $276,478,000. Great West Life Assurance Co. Can raised its position in shares of Allison Transmission by 27,292.2% in the 3rd quarter. Great West Life Assurance Co. Can now owns 2,618,968 shares of the auto parts company’s stock valued at $1,515,000 after buying an additional 2,609,407 shares in the last quarter. Norges Bank acquired a new position in shares of Allison Transmission in the 4th quarter valued at approximately $51,455,000. Principal Financial Group Inc. raised its position in shares of Allison Transmission by 2,870.5% in the 4th quarter. Principal Financial Group Inc. now owns 1,160,009 shares of the auto parts company’s stock valued at $50,032,000 after buying an additional 1,120,958 shares in the last quarter. Finally, Eaton Vance Management acquired a new position in shares of Allison Transmission in the 4th quarter valued at approximately $27,783,000. Institutional investors and hedge funds own 98.04% of the company’s stock.

Allison Transmission Company Profile

Allison Transmission Holdings, Inc, together with its subsidiaries, designs, manufactures, and sells commercial and defense fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium- and heavy-tactical U.S. defense vehicles worldwide. It offers transmissions for various applications, including distribution, refuse, construction, fire, and emergency on-highway trucks; school and transit buses; motor homes; energy, mining, and construction off-highway vehicles and equipment; and wheeled and tracked defense vehicles.

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Earnings History and Estimates for Allison Transmission (NYSE:ALSN)

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