Allison Transmission Holdings Inc (ALSN) stock: 12-month forecast projects -21.5% potential drop%

Allison Transmission Holdings Inc [ALSN] stock is trading at $80.25, down -0.88%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ALSN shares have lost -2.15% over the last week, with a monthly amount glided 6.62%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Allison Transmission Holdings Inc [NYSE: ALSN] stock has seen the most recent analyst activity on January 08, 2024, when Morgan Stanley initiated its Equal-Weight rating and assigned the stock a price target of $62. Previously, JP Morgan upgraded its rating to Neutral on October 16, 2023, and elevated its price target to $70. On February 22, 2022, downgrade downgraded it’s rating to Neutral but maintained its price target of $48 on the stock. Morgan Stanley downgraded its rating to a Underweight and decreased its price target to $30 on December 09, 2021. Goldman downgraded its rating to a Sell and reduced its price target to $42 on June 01, 2021. Raymond James downgraded its rating to Mkt Perform for this stock on April 21, 2021. In a note dated January 20, 2021, Vertical Research initiated an Hold rating.

Allison Transmission Holdings Inc [ALSN] stock has fluctuated between $44.68 and $83.42 over the past year. Currently, Wall Street analysts expect the stock to reach $63 within the next 12 months. Allison Transmission Holdings Inc [NYSE: ALSN] shares were valued at $80.25 at the most recent close of the market. An investor can expect a potential drop of -21.5% based on the average ALSN price forecast.

Analyzing the ALSN fundamentals

Allison Transmission Holdings Inc [NYSE:ALSN] reported sales of 3.04B for the trailing twelve months, which represents a growth of 7.94%. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.3%, Pretax Profit Margin comes in at 0.27%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.6 and Total Capital is 0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.03.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 79.58 points at the first support level, and at 78.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 80.83, and for the 2nd resistance point, it is at 81.41.

Ratios To Look Out For

For context, Allison Transmission Holdings Inc’s Current Ratio is 2.50. As well, the Quick Ratio is 1.94, while the Cash Ratio is 1.11. Considering the valuation of this stock, the price to sales ratio is 2.31, the price to book ratio is 5.70 and price to earnings (TTM) ratio is 10.79.

Transactions by insiders

Recent insider trading involved Coll John, SVP, Global MSS, that happened on Apr 01 ’24 when 2000.0 shares were sold. VP, Engr. & Tech Dev., Milburn Ryan A. completed a deal on Mar 04 ’24 to sell 2598.0 shares. Meanwhile, VP, Quality, Plan & Prog Mgmt Eifert Thomas sold 2564.0 shares on Mar 04 ’24.

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