Allison Transmission Holdings Inc. (NYSE:ALSN) went down by -0.94% during the previous trading session, and it is maintaining the win ahead of Wednesday’s trading session. The share price of the Auto Parts giant went up by $35.77 to trade ended Wednesday trading at $36.11. This is down from the $36.11 price recorded on Tuesday’s trading session. Its performance from the start of the year has also been negative, with ALSN down by -25.97% year-to-date.
Allison Transmission Holdings Inc. (ALSN) started the day trading at $36.02 and recorded an intraday high of $36.19. It also recorded an intraday low of $35.39 during Wednesday’s trading session. Allison Transmission Holdings Inc. is a very active stock that recorded a trading volume that is less than -89.34% of the average daily trading volume on Wednesday. The stock’s trading volume on Wednesday was 510534, which is less than -89.34 of the total average daily trading volume of 966.66K.
Allison Transmission Holdings Inc. (NYSE:ALSN) 2020 Performance Impressive
The increase in ALSN’s stock price on Wednesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of ALSN currently stands at $49.73, which is higher than the current trading price of the stock by 28.07%. However, ALSN’s current trading price is -36.79% lower than the 52-week low price of $26.15. In terms of trading volume, Allison Transmission Holdings Inc. currently experienced healthy participation during the last trading session. 510534 shares of Allison Transmission Holdings Inc. were traded on the stock exchange on Wednesday, which is less than -89.34% of the 966.66K average trading volume of the stock.
The performance of the stock has been positive over the past year. ALSN’s performance over the past one year has seen it plunge by -20.81%, while the stock has gone down by -26.11% in the last six months. The quarterly performance of ALSN currently stands at 6.36%, and it is down by -13.64% in the last month. The only negative figure was from the weekly performance, which currently reads -2.75%. At the time of writing ALSN’s report, the company has a total market cap of $4.02B, making it one of the largest publicly-traded companies in the world.Allison Transmission Holdings Inc. also has over 3700 employees all over the world.
ALSN Insider Activities
The insider transactions over the past six months are up by 14.70%.For Allison Transmission Holdings Inc. insiders bought 118,755 shares in 30 transactions. In that same period, insiders sold 40,828 of their shares in 16 transactions. After these transactions, insiders at Allison Transmission Holdings Inc. now hold 943.89k shares, which is over 103.50% of the total company stocks. Institutional investors currently hold a large chunk of the ALSN shares, as they control 0.83% of the company’s total stock.
ALSN Fundamental Analysis
For Allison Transmission Holdings Inc., the stock’s diluted earnings per share (EPS) stands at 4.78. In the coming year, analysts expect the EPS to be 3.79. The EPS growth will up over the next five years to 2.38% after surging by 31.40% in the previous five years. In terms of revenue, Allison Transmission Holdings Inc.’s quarterly sales (YOY) is growing at 0.21, which is lower than the average annual revenue of 31.40% over the past half a decade.
The Return on Investment (ROI) on Allison Transmission Holdings Inc.’s stock currently stands at 22.10%, and it has a net profit margin of 21.70%. The operating margin of the company is 32.40%, and its gross margin is 51.20%.
ALSN Analysts Prediction
In April 20, 2020, several analysts reiterated their positions on the Allison Transmission Holdings Inc. stock and predicted its performance to their investors. The analysts at Goldman believe ALSN is still a Buy and set the price target between $40 and $44. The Citigroup has a Neutral rating for Allison Transmission Holdings Inc., predicting the stock price to stay between $42 and $38. Another analyst that has a Strong Buy rating for ALSN is Raymond James, which set a price target of between $50 and $45.
At the moment, Allison Transmission Holdings Inc.’s Total Debt to Equity ratio stands at 3.63, and they have a long-term Debt to Equity ratio of 3.62.
ALSN Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of ALSN currently stands at -3.09%, while the SMA50 is -2.68%. The biggest one is the SMA200, which is currently reading -13.66% ahead of Wednesday’s trading session. The Relative Strength Index of this stock is 43.16, while its price to earnings ratio (P/E) is 7.48.