Allison Transmission
ALSN

$87.76

3.97%

Market Cap: 7.68B

About: Allison Transmission is the largest manufacturer of fully automatic transmissions for commercial vehicles. The company's automatic transmissions allow customers to achieve better fuel and operator efficiency than less expensive manual and automated manual transmissions. Allison serves several end markets, including on- and off-highway equipment and military vehicles. Its on-highway business has about 60% global market share. The company's transmissions can be found in Class 4-8 trucks, buses, and a limited number of large passenger vehicles (heavy-duty pickup trucks and motor homes). Allison also produces electric hybrid propulsion systems and is developing e-powertrains.

Employees: 3,700

Consumer Discretionary Motor Vehicle Parts & Accessories

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 9 analysts

0

News positive %

of 15 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

87% more call options, than puts

Call options by funds: $14.6M | Put options by funds: $7.79M

68% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 50

38% more funds holding in top 10

Funds holding in top 10: 8 [Q4 2023] → 11 (+3) [Q1 2024]

36% more capital invested

Capital invested by funds: $4.91B [Q4 2023] → $6.7B (+$1.79B) [Q1 2024]

8% more funds holding

Funds holding: 406 [Q4 2023] → 440 (+34) [Q1 2024]

0.35% more ownership

Funds ownership: 94.38% [Q4 2023] → 94.73% (+0.35%) [Q1 2024]

34% less repeat investments, than reductions

Existing positions increased: 121 | Existing positions reduced: 183

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Research analyst outlook

9 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$55

37%

downside

Avg. target

$77

12%

downside

High target

$90

3%

upside

9 analyst ratings

2 positive

22%

5 neutral

56%

2 negative

22%

Baird Luke Junk	3%upside $90	Neutral Maintained	26 Jul 2024
Raymond James Tim Thein	3%downside $85	Outperform Initiated	28 Jun 2024
Citigroup Kyle Menges	9%downside $80	Neutral Initiated	26 Jun 2024
Baird Luke Junk	1%downside $87	Neutral Maintained	26 Apr 2024
Goldman Sachs Jerry Revich	28%downside $63	Sell Maintained	16 Apr 2024

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Financial journalist opinion

Based on 15 articles about ALSN published over the past 30 days

Allison Transmission's Rising Earnings Drive Share Gains

Allison Transmission Holdings, Inc. (ALSN) is riding high after recent revenue and earnings beats.

Allison Transmission's Rising Earnings Drive Share Gains

Zacks Investment Research

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.

Compared to Estimates, Allison Transmission (ALSN) Q2 Earnings: A Look at Key Metrics

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.

Allison Transmission Holdings, Inc. (ALSN) Q2 2024 Earnings Call Transcript

Zacks Investment Research

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.

Allison Transmission (ALSN) Surpasses Q2 Earnings and Revenue Estimates

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.

Allison Transmission Announces Second Quarter 2024 Results

Allison Transmission Partners With Cummins to Conduct Successful Field Testing of New Natural Gas Engine

INDIANAPOLIS , July 24, 2024 /PRNewswire/ -- Allison Transmission has partnered with Cummins to test and validate the new Cummins X15N 15-liter natural gas engine paired with the Allison 4000 SeriesTM fully automatic transmission. Sandman, a bulk cement hauling fleet based in San Jose, California, has successfully completed over 50,000 miles of vehicle testing in the field and reports significant improvements in fuel efficiency and performance.

Allison Transmission Partners With Cummins to Conduct Successful Field Testing of New Natural Gas Engine

Allison FracTran® Expands to Canadian Market

Through its partnership with Element Technical Services, the next-generation purpose-built Allison hydraulic fracturing transmission is in operation in Canadian oil fields. INDIANAPOLIS , July 23, 2024 /PRNewswire/ -- Allison Transmission has partnered with Element Technical Services, an industry-leading pressure pumping services company serving the Williston Basin, Powder River Basin and Western Canadian Sedimentary Basin, to field Allison's FracTran® in Canada for the first time.

Allison FracTran® Expands to Canadian Market

Allison Forms Strategic Partnership with Lingong Heavy Machinery Co. Ltd. to Expand Global Mining Presence

INDIANAPOLIS , July 18, 2024 /PRNewswire/ -- Allison Transmission has formed a new strategic partnership with Lingong Heavy Machinery Co. Ltd. (LGMG), a prominent Chinese mining equipment manufacturer, to provide industry-leading mining vehicles to customers across the globe.

Allison Forms Strategic Partnership with Lingong Heavy Machinery Co. Ltd. to Expand Global Mining Presence

Zacks Investment Research

Allison Transmission (ALSN) Reports Next Week: Wall Street Expects Earnings Growth

Allison Transmission (ALSN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Allison Transmission (ALSN) Reports Next Week: Wall Street Expects Earnings Growth

Zacks Investment Research

Allison (ALSN) Collaborates With BAE Systems to Supply 4040 MX

Allison (ALSN) signs a contract with BAE Systems Hagglunds to supply the new Allison 4040 MX propulsion system for the ongoing CV90 IFV programs.

Allison (ALSN) Collaborates With BAE Systems to Supply 4040 MX

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