Allison Transmission Holdings Inc (NYSE:ALSN) shares traded 1.66% higher at $119.51 on Wall Street last session.
ALSN stock price is now 4.48% away from the 50-day moving average and 30.05% away from the 200-day moving average. The market capitalization of the company currently stands at $10.35B.
With the price target of $85, Raymond James recently initiated with Outperform rating for Allison Transmission Holdings Inc (NYSE: ALSN). On June 26, 2024, Citigroup recently initiated its ‘Neutral’ rating on the stock quoting a target price of $80, while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, Coll John, SVP, Global MSS sold 2,000 shares of the company’s stock on Dec 31 ’24. The stock was sold for $216,800 at an average price of $108.40. Upon completion of the transaction, the SVP, Global MSS now directly owns 6,420 shares in the company, valued at $0.77 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 31 ’24, Officer Coll John bought 2,000 shares of the business’s stock. A total of $216,800 was incurred on buying the stock at an average price of $108.40. A total of 0.52% of the company’s stock is owned by insiders.
During the past 12 months, Allison Transmission Holdings Inc has had a low of $55.81 and a high of $122.53. As of last week, the company has a debt-to-equity ratio of 1.49, a current ratio of 2.83, and a quick ratio of 2.25. According to the stock market information, the enterprise value for the company is $12030051328, which is based on a 14.56 price-to-earnings ratio, a 2.12 price-to-earnings-growth ratio, and a beta of 0.99. The fifty day moving average price for ALSN is $114.3818 and a two-hundred day moving average price translates $91.89885 for the stock.
The latest earnings results from Allison Transmission Holdings Inc (NYSE: ALSN) was released for 2021-12-31. The net profit margin was 22.66% and return on equity was 51.76% for ALSN. The company reported revenue of $824.0 million for the quarter, compared to $736.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 11.96 percent.
