Allison Transmission (ALSN) to Release Earnings on Thursday

Allison Transmission (NYSE:ALSN) is expected to release its earnings data before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $2.07 per share and revenue of $792.18 million for the quarter. Allison Transmission has set its FY 2025 guidance at EPS.

Allison Transmission (NYSE:ALSN) last posted its quarterly earnings results on Tuesday, February 11th. The auto parts company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.11. Allison Transmission had a net margin of 22.67% and a return on equity of 47.95%. On average, analysts expect Allison Transmission to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Allison Transmission Stock Down 1.3 %

Shares of ALSN opened at $87.90 on Thursday. Allison Transmission has a 52 week low of $71.49 and a 52 week high of $122.53. The firm has a market capitalization of $7.49 billion, a P/E ratio of 10.58 and a beta of 0.95. The company has a 50-day simple moving average of $96.99 and a 200-day simple moving average of $106.03. The company has a debt-to-equity ratio of 1.45, a quick ratio of 2.42 and a current ratio of 3.04.

Allison Transmission Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Monday, March 3rd were given a $0.27 dividend. The ex-dividend date was Monday, March 3rd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.23%. This is an increase from Allison Transmission’s previous quarterly dividend of $0.25. Allison Transmission’s dividend payout ratio (DPR) is currently 13.00%.

Allison Transmission announced that its board has initiated a share repurchase plan on Thursday, February 20th that permits the company to buyback $5.00 billion in outstanding shares. This buyback authorization permits the auto parts company to purchase up to 57.1% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s management believes its stock is undervalued.

Insider Activity at Allison Transmission

In related news, VP Ryan A. Milburn sold 4,546 shares of Allison Transmission stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $96.20, for a total value of $437,325.20. Following the completion of the transaction, the vice president now directly owns 14,138 shares of the company’s stock, valued at $1,360,075.60. The trade was a 24.33 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP John Coll sold 1,788 shares of the company’s stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $95.33, for a total transaction of $170,450.04. Following the transaction, the senior vice president now owns 15,388 shares in the company, valued at approximately $1,466,938.04. This trade represents a 10.41 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on ALSN. Morgan Stanley decreased their price target on shares of Allison Transmission from $112.00 to $94.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Raymond James dropped their price target on shares of Allison Transmission from $115.00 to $110.00 and set an “outperform” rating for the company in a research report on Monday. StockNews.com upgraded Allison Transmission from a “hold” rating to a “buy” rating in a research note on Friday, April 11th. Robert W. Baird cut their target price on Allison Transmission from $123.00 to $100.00 and set a “neutral” rating for the company in a research report on Tuesday. Finally, JPMorgan Chase & Co. lowered their price target on Allison Transmission from $110.00 to $98.00 and set a “neutral” rating on the stock in a research report on Friday, April 11th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $97.88.

Allison Transmission Company Profile

Allison Transmission Holdings, Inc, together with its subsidiaries, designs, manufactures, and sells fully automatic transmissions for medium- and heavy-duty commercial vehicles and medium- and heavy-tactical U.S. defense vehicles, and electrified propulsion systems worldwide. It provides commercial-duty on-highway, off-highway and defense fully automatic transmissions, and electric hybrid and fully electric systems.