Allison Transmission Holdings Inc. [ALSN] stock is up 0.85 while the S&P 500 has risen 0.39% on Thursday, 11/19/20. While at the time of this article, ALSN ATR is sitting at 1.46, with the beta value at 1.24. This stock’s volatility for the past week remained at 2.10%, while it was 3.50% for the past 30-day period. ALSN has risen $0.34 from the previous closing price of $40.05 on volume of 3.12 million shares.

On 19, November 2020, Allison Transmission Closes Offering of $1 Billion Aggregate Principal Amount of 3.750% Senior Notes Due 2031. According to news published on Yahoo Finance, Allison Transmission Holdings, Inc. (NYSE: ALSN) (“Allison” or the “Company”) today announced that its wholly owned subsidiary, Allison Transmission, Inc. (the “Issuer”), completed its previously announced offering of $1 billion in aggregate principal amount of 3.750% Senior Notes due 2031 (the “Notes”) in a private placement (the “Offering”) exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). The Issuer used the net proceeds from the offering, together with cash on hand, to redeem $1 billion aggregate principal amount of its outstanding 5.000% Senior Notes due 2024 (the “2024 Notes”) and to pay related fees and expenses.

Analyst Birdseye View:

The most recent analyst activity for Allison Transmission Holdings Inc. [NYSE:ALSN] stock was on April 20, 2020, when it was Upgrade with a Buy rating from Goldman, which also raised its 12-month price target on the stock from $40 to $44. Before that, on October 20, 2020, Robert W. Baird Recapitulated a Neutral rating and elevated its amount target to $46. On April 20, 2020, Citigroup Downgrade a Neutral rating and plunged its price target on this stock from $42 to $38. On April 14, 2020, Raymond James Upgrade a Strong buy rating and decreased its price target from $50 to $45. On November 21, 2019, Raymond James Initiated an Outperform rating and increased its price target to $50. On November 19, 2019, Vertical Research Upgrade a Buy rating. On November 14, 2019, BofA/Merrill Upgrade a Buy rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $26.15 and a peak of $49.73. Right now, according to Wall Street analyst the average 12-month amount target is $47.00. At the most recent market close, shares of Allison Transmission Holdings Inc. [NYSE:ALSN] were valued at $40.39. According to the average price forecast, investors can expect a potential return of 0.67%.

FUNDAMENTAL ANALYSIS

Allison Transmission Holdings Inc. [NYSE:ALSN] most recently reported quarterly sales of 532.0 billion, which represented growth of -48.80%. This publicly-traded organization’s revenue is $729,189 per employee, while its income is $163,243 per employee. This company’s Gross Margin is currently 48.20%, its Operating Margin is 39.90%, its Pretax Margin is +28.47, and its Net Margin is +22.39. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 13.91, 83.89, 27.49 and 18.60 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 76.49 and the whole liability to whole assets at 57.10. It shows enduring liability to the whole principal at 76.16 and enduring liability to assets at 0.57 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 39.83 points at 1st support level, the second support level is making up to 39.28. But as of 1st resistance point, this stock is sitting at 40.69 and at 41.00 for 2nd resistance point.

Allison Transmission Holdings Inc. [ALSN] reported its earnings at $0.68 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.57/share signifying the difference of 0.11 and 19.30% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.29 calling estimates for $0.17/share with the difference of 0.12 depicting the surprise of 70.60%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Allison Transmission Holdings Inc. [NYSE:ALSN] is 2.50. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.46. Now if looking for a valuation of this stock’s amount to sales ratio it’s 2.20, it’s amount to book ratio is 7.31 and showing 13.59 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Bohley G Frederick, SVP, CFO & Treasurer, and it was the purchase of 2500.0 shares on Mar 06. Bohley G Frederick, the SVP, CFO & Treasurer, completed a purchase of 5000.0 shares on Mar 03. On Dec 12, Graziosi David S., President and CEO, completed a sale of 15139.0 shares.