After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Recently, Yahoo Finance discussed the stock, revealing that Allison Transmission Schedules Fourth Quarter and Full Year 2023 Earnings Conference Call.
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Stocks Info
As a NYSE listed company, ALSN falls under the Consumer Cyclical sector while operating within the Auto Parts industry segment. At the end of the last regular session, the stock closed at $58.39 and fluctuated between $59.18 as its day high and $58.14 as its day low. The current market capitalization of Allison Transmission Holdings Inc is $5.22B. A total of 0.5 million shares were traded on the day, compared to an average of 628.86K shares.
Insider Activity
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, ALSN has seen 1 BUY and 0 SELL insider trades, representing the acquisition of 202 and the disposition of 0 shares. Over the last 12 months, there were 92 BUYs and 48 SELLs from insiders. Insiders purchased 341,123 shares during that period but sold 246,510.
In the most recent transaction, Coll John sold 2,000 shares of ALSN for 58.41 per share on Dec 29. After the transaction, the SVP, Global MSS now owns 14,788 company shares. In a previous transaction on Sep 29, Coll John sold 2,000 shares at 60.19 per share. ALSN shares that SVP, Global MSS owns now total 16,788.
Among the insiders who sold shares, Bohley G Frederick disposed of 4,950 shares on Aug 31 at a per-share price of $60.32. This resulted in the SVP, CFO & Treasurer holding 67,368 shares of ALSN after the transaction. In another insider transaction, van Niekerk Teresa sold 12,153 shares at $59.17 per share on Aug 28. Company shares held by the VP, Chief Procurement Officer now total 16,283.
Dividend
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Allison Transmission Holdings Inc pays an annual dividend of $0.90, resulting in a dividend yield of 1.54%, and it has a price to earnings (P/E) ratio of 8.29. ALSN’s most recent ex-dividend date was 11/10/2023 when it declared a $0.23 quarterly dividend that was paid in cash on 11/30/2023. Previously, the company paid the dividend on 8/31/2023 with an ex-dividend date of 8/11/2023. The ALSN stock dividend was $0.23 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for ALSN in the last 3 months, the mean price target is $66.13 with high estimates of $116.00 and low estimates of $48.00. In terms of 52-week highs and lows, ALSN has a high of $61.53 and a low of $41.61.
As of this writing, ALSN has an earnings estimate of $1.43 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $1.63 per share and a lower estimate of $1.29. The company reported an EPS of $1.92 in the last quarter, which was 18.50% higher than expectations of $1.62.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. ALSN’s latest balance sheet shows that the firm has $127.00M in Cash & Short Term Investments as of fiscal 2021. There were $2.51B in debt and $459.00M in liabilities at the time. Its Book Value Per Share was $13.22, while its Total Shareholder’s Equity was $634.00M.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ALSN is Buy with a score of 3.13.
