A new trading day began on January 24, 2023, with Allison Transmission Holdings Inc. (NYSE: ALSN) stock priced at $42.74, up 2.80% from the previous day of trading. During the day, the shares moved up to $44.08 and dropped to $42.50 before settling in for the closing price of $42.49. ALSN’s price has ranged from $32.63 to $45.33 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 5.50%. Meanwhile, its annual earnings per share averaged 57.50%. With a float of $91.72 million, this company’s outstanding shares have now reached $95.21 million.
Considering the fact that the conglomerate employs 3400 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +45.75, operating margin of +27.85, and the pretax margin is +23.81.
Allison Transmission Holdings Inc. (ALSN) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Auto Parts Industry. The most recent insider transaction that took place on Jan 17, was worth 206,389. In this transaction VP, Gen. Counsel & Secretary of this company sold 4,761 shares at a rate of $43.35, taking the stock ownership to the 16,807 shares. Before that another transaction happened on Nov 17, when Company’s VP, Quality, Plan & Prog Mgmt sold 4,310 for $44.00, making the entire transaction worth $189,640. This insider now owns 3,171 shares in total.
Allison Transmission Holdings Inc. (ALSN) Earnings and Forecasts
In its latest quarterly report, released on 9/29/2022, the company reported earnings of $1.45 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +18.40 while generating a return on equity of 63.60. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.48 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 57.50% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.21% during the next five years compared to 26.50% growth over the previous five years of trading.
Allison Transmission Holdings Inc. (NYSE: ALSN) Trading Performance Indicators
Here are Allison Transmission Holdings Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.50. Likewise, its price to free cash flow for the trailing twelve months is 10.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.18, a number that is poised to hit 1.27 in the next quarter and is forecasted to reach 6.01 in one year’s time.
Technical Analysis of Allison Transmission Holdings Inc. (ALSN)
Compared to the last year’s volume of 0.86 million, its volume of 0.86 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 46.97%. Additionally, its Average True Range was 0.87.
During the past 100 days, Allison Transmission Holdings Inc.’s (ALSN) raw stochastic average was set at 87.01%, which indicates a significant increase from 85.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.14% in the past 14 days, which was lower than the 25.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $42.93, while its 200-day Moving Average is $39.18. Nevertheless, the first resistance level for the watch stands at $44.34 in the near term. At $45.00, the stock is likely to face the second major resistance level. The third major resistance level sits at $45.92. If the price goes on to break the first support level at $42.76, it is likely to go to the next support level at $41.84. Should the price break the second support level, the third support level stands at $41.18.
Allison Transmission Holdings Inc. (NYSE: ALSN) Key Stats
With a market capitalization of 4.03 billion, the company has a total of 92,490K Shares Outstanding. Currently, annual sales are 2,402 M while annual income is 442,000 K. The company’s previous quarter sales were 710,000 K while its latest quarter income was 139,000 K.