Allison Transmission Holdings, Inc. (NYSE:ALSN) Receives $101.38 Consensus Target Price from Analysts

Allison Transmission Holdings, Inc. (NYSE:ALSN) has received an average recommendation of “Hold” from the eight analysts that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $101.38.

ALSN has been the topic of several research analyst reports. The Goldman Sachs Group lifted their target price on Allison Transmission from $82.00 to $94.00 and gave the company a “sell” rating in a research note on Thursday, December 12th. Robert W. Baird lifted their target price on Allison Transmission from $103.00 to $108.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. Morgan Stanley lifted their target price on Allison Transmission from $110.00 to $112.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. Citigroup lowered their target price on Allison Transmission from $130.00 to $120.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 14th. Finally, StockNews.com raised Allison Transmission from a “buy” rating to a “strong-buy” rating in a research note on Thursday, December 26th.

Insider Buying and Selling

In related news, CEO David S. Graziosi sold 1,723 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $120.26, for a total value of $207,207.98. Following the completion of the sale, the chief executive officer now directly owns 168,833 shares in the company, valued at approximately $20,303,856.58. The trade was a 1.01 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP John Coll sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $108.40, for a total value of $216,800.00. Following the transaction, the senior vice president now owns 6,420 shares of the company’s stock, valued at approximately $695,928. This trade represents a 23.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 22,639 shares of company stock worth $2,683,537. 1.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. SRH Advisors LLC acquired a new position in shares of Allison Transmission during the fourth quarter worth approximately $26,000. Kestra Investment Management LLC acquired a new position in shares of Allison Transmission during the fourth quarter worth approximately $30,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Allison Transmission during the fourth quarter worth approximately $31,000. Quarry LP lifted its holdings in shares of Allison Transmission by 46.7% during the third quarter. Quarry LP now owns 358 shares of the auto parts company’s stock worth $34,000 after buying an additional 114 shares during the last quarter. Finally, SJS Investment Consulting Inc. lifted its holdings in shares of Allison Transmission by 1,650.0% during the fourth quarter. SJS Investment Consulting Inc. now owns 420 shares of the auto parts company’s stock worth $45,000 after buying an additional 396 shares during the last quarter. 96.90% of the stock is currently owned by institutional investors and hedge funds.

Allison Transmission Trading Down 1.2 %

Shares of ALSN opened at $114.35 on Thursday. The company has a current ratio of 2.83, a quick ratio of 2.25 and a debt-to-equity ratio of 1.48. Allison Transmission has a 1-year low of $61.04 and a 1-year high of $122.53. The business’s 50-day moving average price is $113.71 and its 200 day moving average price is $103.26. The stock has a market capitalization of $9.91 billion, a P/E ratio of 13.93, a P/E/G ratio of 1.82 and a beta of 1.00.

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.