Factors Likely to Have Influenced Earnings Results Allison Transmission (NYSE:ALSN)

Earnings results for Allison Transmission (NYSE:ALSN)

Allison Transmission Holdings, Inc. is expected* to report earnings on 04/28/2021 after market close. The report will be for the fiscal Quarter ending Mar 2021. According to Zacks Investment Research, based on 7 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.9. The reported EPS for the same quarter last year was $1.2.

Allison Transmission last announced its earnings data on February 16th, 2021. The auto parts company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.06. The firm had revenue of $535 million for the quarter, compared to the consensus estimate of $510.46 million. Allison Transmission has generated $4.86 earnings per share over the last year and currently has a price-to-earnings ratio of 14.6. Allison Transmission has confirmed that its next quarterly earnings report will be published on Wednesday, April 28th, 2021.

Analyst Opinion on Allison Transmission (NYSE:ALSN)

7 Wall Street analysts have issued ratings and price targets for Allison Transmission in the last 12 months. Their average twelve-month price target is $44.57, predicting that the stock has a possible upside of 2.44%. The high price target for ALSN is $48.00 and the low price target for ALSN is $37.00. There are currently 1 sell rating, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of “Hold.”

Allison Transmission has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on 1 buy rating, 5 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $44.57, Allison Transmission has a forecasted upside of 2.4% from its current price of $43.51. Allison Transmission has only been the subject of 2 research reports in the past 90 days.

Dividend Strength: Allison Transmission (NYSE:ALSN)

Allison Transmission pays a meaningful dividend of 1.73%, higher than the bottom 25% of all stocks that pay dividends. Allison Transmission has only been increasing its dividend for 1 years. The dividend payout ratio of Allison Transmission is 15.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Allison Transmission will have a dividend payout ratio of 20.94% next year. This indicates that Allison Transmission will be able to sustain or increase its dividend.

Insiders buying/selling: Allison Transmission (NYSE:ALSN)

In the past three months, Allison Transmission insiders have not sold or bought any company stock. Only 1.10% of the stock of Allison Transmission is held by insiders. 98.04% of the stock of Allison Transmission is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Allison Transmission (NYSE:ALSN

Earnings for Allison Transmission are expected to grow by 35.96% in the coming year, from $2.67 to $3.63 per share. The P/E ratio of Allison Transmission is 14.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.36. The P/E ratio of Allison Transmission is 14.60, which means that it is trading at a less expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 72.20. Allison Transmission has a PEG Ratio of 1.65. PEG Ratios above 1 indicate that a company could be overvalued. Allison Transmission has a P/B Ratio of 6.64. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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