Allison Transmission Holdings Inc (NYSE: ALSN) on Tuesday, soared 0.30% from the previous trading day, before settling in for the closing price of $99.85. Within the past 52 weeks, ALSN’s price has moved between $50.13 and $101.40.
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Annual sales at Consumer Cyclical sector company grew by 3.38% over the past five years. The company achieved an average annual earnings per share of 9.16%. With a float of $86.57 million, this company’s outstanding shares have now reached $87.65 million.
Let’s look at the performance matrix of the company that is accounted for 3700 employees. 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 and Institutional Ownership
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 97.28%. The most recent insider transaction that took place on Sep 26 ’24, was worth 190,000. In this transaction VP, Quality, Plan & Prog Mgmt of this company sold 2,000 shares at a rate of $95.00, taking the stock ownership to the 9,601 shares. Before that another transaction happened on Oct 07 ’24, when Company’s VP, Quality, Plan & Prog Mgmt sold 1,741 for $100.00, making the entire transaction worth $174,100. This insider now owns 9,601 shares in total.
Allison Transmission Holdings Inc (ALSN) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.91 earnings per share (EPS) for the period topping the consensus outlook (set at 1.43) by 0.48. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.16% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.61% 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 2.80. Likewise, its price to free cash flow for the trailing twelve months is 12.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.69, a number that is poised to hit 1.89 in the next quarter and is forecasted to reach 9.27 in one year’s time.
Technical Analysis of Allison Transmission Holdings Inc (ALSN)
Allison Transmission Holdings Inc (NYSE: ALSN) saw its 5-day average volume 0.47 million, a negative change from its year-to-date volume of 0.62 million. As of the previous 9 days, the stock’s Stochastic %D was 50.95%. Additionally, its Average True Range was 1.82.
During the past 100 days, Allison Transmission Holdings Inc’s (ALSN) raw stochastic average was set at 95.82%, which indicates a significant increase from 74.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.60% in the past 14 days, which was lower than the 23.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $93.66, while its 200-day Moving Average is $79.97. Nevertheless, the first resistance level for the watch stands at $100.70 in the near term. At $101.25, the stock is likely to face the second major resistance level. The third major resistance level sits at $102.35. If the price goes on to break the first support level at $99.05, it is likely to go to the next support level at $97.95. The third support level lies at $97.40 if the price breaches the second support level.
Allison Transmission Holdings Inc (NYSE: ALSN) Key Stats
Market capitalization of the company is 8.73 billion based on 87,138K 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.
