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Stock Charts AI Power Rank: 9.2
Power Rank trend -> Rising

Last Price: 87.76 - Change: 3.35 - Change %: 3.9687
07/26/2024 16:10:00 EST

Allison Transmission Holdings Inc (ALSN)

Industry: Auto Parts

Price Support Resistance

In the past 20 trading days, ALSN has been trading in a range between $84.70 and $74.21 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.

ALSN is breaking above top of the recent 20 day range at $84.70 and appears that it could have some more upside. If it enters a yellow zone the trend may be faltering - consider exiting or taking profits. If it enters a red zone on the chart we would exit the position.

Upside / Downside Potential

Allison Transmission Holdings Inc $ALSN entered a Green zone 13 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $59.33, a potential down side of -32.4% from the recent price of 87.76. The stock is trading 0.99% (potential upside) below its 52 week high of $88.63 and 76.97 % (potential downside) above its 52 week low of $49.59 - based on the recent price.

Company Summary

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.

ALSN Website

News

Allison Transmission's Rising Earnings Drive Share Gains
Allison Transmission Holdings, Inc. (ALSN) is riding high after recent revenue and earnings beats.
Source: FXEmpire
Fri, 26 Jul 2024 08:24:15 -0400
Sentiment: Positive
Compared to Estimates, Allison Transmission (ALSN) Q2 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Allison Transmission (ALSN) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Source: Zacks Investment Research
Thu, 25 Jul 2024 20:35:31 -0400
Sentiment: Neutral
Allison Transmission Holdings, Inc. (ALSN) Q2 2024 Earnings Call Transcript
Allison Transmission Holdings, Inc. (NYSE:ALSN ) Q2 2024 Earnings Conference Call July 25, 2024 5:00 PM ET Company Participants Jackie Bolles - Executive Director, Treasury and IR Dave Graziosi - Chairman and CEO Fred Bohley - Senior Vice President, Chief Financial Officer and Treasurer Conference Call Participants Tim Thein - Raymond James Rob Wertheimer - Melius Research Ian Zaffino - Oppenheimer Angel Castillo - Morgan Stanley Tami Zakaria - JPMorgan Luke Junk - Baird Jerry Revich - Goldman Sachs Kyle Menges - Citigroup Operator Good afternoon. Thank you for standing by.
Source: Seeking Alpha
Thu, 25 Jul 2024 20:11:09 -0400
Sentiment: Neutral
Allison Transmission (ALSN) Surpasses Q2 Earnings and Revenue Estimates
Allison Transmission (ALSN) came out with quarterly earnings of $2.13 per share, beating the Zacks Consensus Estimate of $2.04 per share. This compares to earnings of $1.92 per share a year ago.
Source: Zacks Investment Research
Thu, 25 Jul 2024 18:35:56 -0400
Sentiment: Positive
Allison Transmission Announces Second Quarter 2024 Results
Record quarterly net sales of $816 million, up 4% year over year Diluted EPS of $2.13, up 11% year over year Increasing full year 2024 revenue, earnings and cash flow guidance INDIANAPOLIS , July 25, 2024 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), today reported second quarter net sales of $816 million, a quarterly record driven by all-time high quarterly net sales of $456 million in the North America On-Highway end market. David S. Graziosi, Chair and Chief Executive Officer of Allison Transmission commented, "Unprecedented demand for Class 8 vocational vehicles drove record quarterly revenue in our North America On-Highway end market, propelling second quarter revenue to a company record of $816 million.
Source: PRNewsWire
Thu, 25 Jul 2024 16:05:00 -0400
Sentiment: Neutral
Instituions Institution %: 99.127
Last QTR Institution change: -342594

Insiders
Insiders %: 0.524
Insiders Purchases last QTR: 0
Insiders Sales last QTR: 119579
Insiders Net last QTR: -119579

Analyst Ratings
Target Price: 59.33
Overall Rating: 3.4
Strong Buys (5): 2
Buys (4): 2
Holds (3): 4
Sells (2): 2
Strong Sells (1): 0

Technicals
52 Week Hi: 88.63
52 Week Low: 49.588
Beta: 0.991
50 Day MA: 76.425
200 Day MA: 67.9625

Earnings / Revenue Trends
Qtr Earnings Growth YOY: 1.17
Qtr Revenue Growth YOY: 0.204
Forward PE: 11.1732
Trailing PE: 11.3302

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