Allison Transmission Holdings Inc (NYSE: ALSN) on Tuesday, soared 0.37% from the previous trading day, before settling in for the closing price of $88.13. Within the past 52 weeks, ALSN’s price has moved between $50.13 and $92.82.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 3.38%. The company achieved an average annual earnings per share of 7.16%. With a float of $86.57 million, this company’s outstanding shares have now reached $87.65 million.
The extent of productivity of a business whose workforce counts for 3700 workers is very important to gauge. In terms of profitability, gross margin is 47.14%, operating margin of 30.3%, and the pretax margin is 26.86%.
Allison Transmission Holdings Inc (ALSN) Insider Updates
Observing investor behavior towards Auto Parts industry stocks is more important than anything else. The insider ownership of Allison Transmission Holdings Inc is 0.65%, while institutional ownership is 97.58%. The most recent insider transaction that took place on Aug 29 ’24, was worth 181,962. In this transaction SVP, Global MSS of this company sold 2,000 shares at a rate of $90.98, taking the stock ownership to the 12,420 shares. Before that another transaction happened on Aug 29 ’24, when Company’s Officer proposed sale 2,000 for $90.98, making the entire transaction worth $181,962.
Allison Transmission Holdings Inc (ALSN) Performance Highlights and Predictions
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.76 earnings per share (EPS) for the period topping the consensus outlook (set at 1.75) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.81 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.16% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.19% during the next five years compared to 9.17% growth over the previous five years of trading.
Allison Transmission Holdings Inc (NYSE: ALSN) Trading Performance Indicators
Allison Transmission Holdings Inc (ALSN) is currently performing well based on its current performance indicators. A quick ratio of 2.19 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.47. Likewise, its price to free cash flow for the trailing twelve months is 11.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.69, a number that is poised to hit 2.00 in the next quarter and is forecasted to reach 9.15 in one year’s time.
Technical Analysis of Allison Transmission Holdings Inc (ALSN)
The latest stats from [Allison Transmission Holdings Inc, ALSN] show that its last 5-days average volume of 0.54 million was inferior to 0.62 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 64.21%. Additionally, its Average True Range was 2.03.
During the past 100 days, Allison Transmission Holdings Inc’s (ALSN) raw stochastic average was set at 79.56%, which indicates a significant increase from 48.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.87% in the past 14 days, which was lower than the 26.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $85.51, while its 200-day Moving Average is $73.92. Now, the first resistance to watch is $89.56. This is followed by the second major resistance level at $90.66. The third major resistance level sits at $91.68. If the price goes on to break the first support level at $87.44, it is likely to go to the next support level at $86.42. Assuming the price breaks the second support level, the third support level stands at $85.32.
Allison Transmission Holdings Inc (NYSE: ALSN) Key Stats
Market capitalization of the company is 7.71 billion based on 87,478K outstanding shares. Right now, sales total 3,035 M and income totals 673,000 K. The company made 816,000 K in profit during its latest quarter, and 187,000 K in sales during its previous quarter.
