Shares of Allison Transmission Holdings Inc (NYSE:ALSN) have been given a consensus rating of “Hold” by the fourteen ratings firms that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $47.82.

Several brokerages recently issued reports on ALSN. Buckingham Research set a $50.00 target price on Allison Transmission and gave the company a “hold” rating in a research report on Thursday, October 11th. Macquarie cut Allison Transmission from a “neutral” rating to an “underperform” rating in a research report on Thursday, November 29th. Citigroup cut their target price on Allison Transmission from $55.00 to $53.00 and set a “buy” rating on the stock in a research report on Friday, November 2nd. Mizuho set a $55.00 target price on Allison Transmission and gave the company a “buy” rating in a research report on Wednesday, October 31st. Finally, ValuEngine cut Allison Transmission from a “buy” rating to a “hold” rating in a research report on Wednesday, October 24th.

Shares of NYSE:ALSN traded down $2.00 during mid-day trading on Monday, hitting $43.53. 1,221,784 shares of the company traded hands, compared to its average volume of 959,458. The stock has a market cap of $5.90 billion, a price-to-earnings ratio of 16.36, a PEG ratio of 0.99 and a beta of 1.41. The company has a quick ratio of 1.33, a current ratio of 1.71 and a debt-to-equity ratio of 3.69. Allison Transmission has a 12-month low of $37.41 and a 12-month high of $53.76.

Allison Transmission (NYSE:ALSN) last announced its earnings results on Monday, October 29th. The auto parts company reported $1.27 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.10 by $0.17. The company had revenue of $692.00 million for the quarter, compared to analysts’ expectations of $656.52 million. Allison Transmission had a return on equity of 90.71% and a net margin of 26.64%. Allison Transmission’s quarterly revenue was up 16.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.75 earnings per share. As a group, equities research analysts expect that Allison Transmission will post 4.61 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, November 30th. Investors of record on Monday, November 19th were issued a dividend of $0.15 per share. The ex-dividend date was Friday, November 16th. This represents a $0.60 dividend on an annualized basis and a yield of 1.38%. Allison Transmission’s dividend payout ratio (DPR) is currently 22.56%.

In related news, VP Eric C. Scroggins sold 4,470 shares of Allison Transmission stock in a transaction on Monday, September 10th. The stock was sold at an average price of $51.20, for a total transaction of $228,864.00. Following the sale, the vice president now directly owns 23,423 shares in the company, valued at $1,199,257.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Lawrence E. Dewey sold 111,459 shares of Allison Transmission stock in a transaction on Monday, September 17th. The stock was sold at an average price of $51.77, for a total value of $5,770,232.43. Following the sale, the director now owns 400,133 shares in the company, valued at $20,714,885.41. The disclosure for this sale can be found here. Insiders have sold 378,724 shares of company stock worth $19,561,946 over the last quarter. 8.40% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently modified their holdings of the stock. Rehmann Capital Advisory Group raised its stake in shares of Allison Transmission by 202.3% in the third quarter. Rehmann Capital Advisory Group now owns 934 shares of the auto parts company’s stock valued at $49,000 after buying an additional 625 shares during the period. Sun Life Financial INC bought a new stake in shares of Allison Transmission in the second quarter valued at $115,000. Tower Research Capital LLC TRC raised its stake in shares of Allison Transmission by 595.1% in the third quarter. Tower Research Capital LLC TRC now owns 2,954 shares of the auto parts company’s stock valued at $154,000 after buying an additional 2,529 shares during the period. Moneta Group Investment Advisors LLC raised its stake in shares of Allison Transmission by 96.4% in the second quarter. Moneta Group Investment Advisors LLC now owns 4,095 shares of the auto parts company’s stock valued at $166,000 after buying an additional 2,010 shares during the period. Finally, Montag A & Associates Inc. bought a new stake in shares of Allison Transmission in the third quarter valued at $218,000.

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 13 transmission product lines with approximately 100 product models for various applications, including distribution, refuse, construction, fire, and emergency on-highway trucks; school, transit, and hybrid-transit buses; motor homes; energy, mining, and construction off-highway vehicles and equipment; and wheeled and tracked defense vehicles.

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Analyst Recommendations for Allison Transmission (NYSE:ALSN)

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