Profile
Sector:
Consumer CyclicalIndustry:
Auto PartsCountry:
United StatesIPO:
15 March 2012Next earnings report:
13 February 2025Last dividends:
18 November 2024Next dividends:
N/APrice
pre-market | 17 min agoAnalysts recommendations
Institutional Ownership
Included in screeners
ALSN Latest News
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Allison Transmission (ALSN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here is how Allison Transmission (ALSN) and Cummins (CMI) have performed compared to their sector so far this year.
ALSN now expects full-year 2024 net sales in the band of $3.13-$3.21 billion, up from the previously guided range of $3.09-$3.17 billion.
Allison Transmission (ALSN) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Allison Transmission Holdings, Inc. (NYSE:ALSN ) Q3 2024 Earnings Conference Call October 29, 2024 5:00 PM ET Company Participants Jacalyn Bolles - Executive Director, Treasury and Investor Relations David Graziosi - Chairman and Chief Executive Officer Frederick Bohley - Senior Vice President, Chief Financial Officer and Treasurer Conference Call Participants Ian Zaffino - Oppenheimer & Co. Inc. Timothy Thein - Raymond James Robert Wertheimer - Melius Research Angel Castillo - Morgan Stanley Tami Zakaria - JP Morgan Kyle Menges - Citigroup Inc Luke Junk - Robert W. Baird & Co. Jerry Revich - Goldman Sachs Group, Inc. Angel Castillo - Morgan Stanley Luke Junk - Baird Jerry Revich - Goldman Sachs Operator Good afternoon.
Although the revenue and EPS for Allison Transmission (ALSN) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Allison Transmission (ALSN) came out with quarterly earnings of $2.27 per share, beating the Zacks Consensus Estimate of $2.01 per share. This compares to earnings of $1.76 per share a year ago.
Record quarterly net sales of $824 million, up 12% year over year Net Income of $200 million, up 27% year over year Diluted EPS of $2.27, a quarterly record, up 29% year over year Increasing full year 2024 revenue, earnings and cash flow guidance INDIANAPOLIS , Oct. 29, 2024 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), today reported third quarter net sales of $824 million, a quarterly record driven by continued strength in our North America On-Highway, Defense and Outside North America On-Highway end markets. David S.
The 22% price increase since August outperformed the S&P 500, indicating strong momentum, despite my earlier concerns about valuation. The financial statements show strong positive cash flows, improved debt management, and solid liquidity over the past couple of years, fully backing up the stock's strong momentum. Peer comparisons reveal the company isn't overvalued, despite high historical valuation ratios.
What type of business is Allison Transmission Holdings?
Allison Transmission Holdings, Inc. is a manufacturer of automatic transmissions for medium and heavy-duty vehicles. Allison's products are used in trucks, school buses, motorhomes, off-road vehicles, and equipment (mainly in energy, mining, and construction industries) and military vehicles. The company also sells branded spare parts, auxiliary equipment, aluminum die-cast components, and more. Some of Allison's largest clients include the US Department of Defense, Daimler, Paccar, Navistar International Corporation, and others. The company was previously known as Clutch Holdings, Inc. Allison Transmission Holdings, Inc. was founded in 1915 with headquarters in Indianapolis, Indiana.
What sector is Allison Transmission Holdings in?
Allison Transmission Holdings is in the Consumer Cyclical sector
What industry is Allison Transmission Holdings in?
Allison Transmission Holdings is in the Auto Parts industry
What country is Allison Transmission Holdings from?
Allison Transmission Holdings is headquartered in United States
When did Allison Transmission Holdings go public?
Allison Transmission Holdings initial public offering (IPO) was on 15 March 2012
What is Allison Transmission Holdings website?
https://www.allisontransmission.com
Is Allison Transmission Holdings in the S&P 500?
No, Allison Transmission Holdings is not included in the S&P 500 index
Is Allison Transmission Holdings in the NASDAQ 100?
No, Allison Transmission Holdings is not included in the NASDAQ 100 index
Is Allison Transmission Holdings in the Dow Jones?
No, Allison Transmission Holdings is not included in the Dow Jones index
When was Allison Transmission Holdings the previous earnings report?
No data
When does Allison Transmission Holdings earnings report?
The next expected earnings date for Allison Transmission Holdings is 13 February 2025