Citigroup Issues Positive Forecast for Allison Transmission (NYSE:ALSN) Stock Price

Allison Transmission (NYSE:ALSN – Get Free Report) had its price objective lifted by analysts at Citigroup from $135.00 to $140.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The firm currently has a “buy” rating on the auto parts company’s stock. Citigroup‘s price target would indicate a potential upside of 15.66% from the company’s previous close.

A number of other equities research analysts have also issued reports on ALSN. Zacks Research upgraded Allison Transmission from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 5th. Wells Fargo & Company reduced their price target on Allison Transmission from $137.00 to $120.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 8th. JPMorgan Chase & Co. decreased their price target on Allison Transmission from $145.00 to $142.00 and set a “neutral” rating for the company in a report on Thursday, October 8th. Weiss Ratings raised shares of Allison Transmission from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. Finally, Freedom Broker began coverage on shares of Allison Transmission in a research note on Friday, October 2nd. They set a “buy” rating and a $144.00 price objective on the stock. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $133.57.

Check Out Our Latest Stock Report on Allison Transmission

Allison Transmission Stock Up 1.8%

Allison Transmission stock traded up $2.13 during trading on Wednesday, reaching $121.05. 1,427,551 shares of the company’s stock were exchanged, compared to its average volume of 923,030. Allison Transmission has a 52-week low of $78.19 and a 52-week high of $137.62. The firm has a market cap of $10.00 billion, a price-to-earnings ratio of 17.39, a PEG ratio of 0.60 and a beta of 1.06. The company has a debt-to-equity ratio of 2.07, a quick ratio of 1.17 and a current ratio of 1.81. The company’s 50-day moving average is $117.12 and its two-hundred day moving average is $118.37.

Allison Transmission (NYSE:ALSN – Get Free Report) last released its quarterly earnings data on Monday, November 2nd. The auto parts company reported $2.90 EPS for the quarter, beating the consensus estimate of $2.32 by $0.58. The company had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.47 billion. Allison Transmission had a return on equity of 43.23% and a net margin of 11.12%. The firm’s revenue was up 121.4% compared to the same quarter last year. During the same period last year, the company posted $1.63 earnings per share. On average, analysts predict that Allison Transmission will post 10.25 earnings per share for the current year.

Insider Activity

In other news, insider Eric Scroggins sold 1,050 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $125.00, for a total transaction of $131,250.00. Following the completion of the sale, the insider directly owned 16,604 shares in the company, valued at $2,075,500. This trade represents a 5.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO David Graziosi sold 26,708 shares of Allison Transmission stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $132.97, for a total value of $3,551,362.76. Following the sale, the chief executive officer directly owned 304,843 shares in the company, valued at approximately $40,534,973.71. The trade was a 8.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On Allison Transmission

Hedge funds have recently bought and sold shares of the business. Retirement Systems of Alabama acquired a new position in shares of Allison Transmission in the 3rd quarter valued at approximately $9,647,000. Brighton Jones LLC grew its position in shares of Allison Transmission by 3.2% during the third quarter. Brighton Jones LLC now owns 3,682 shares of the auto parts company’s stock worth $417,000 after buying an additional 115 shares in the last quarter. Ethic Inc. grew its position in shares of Allison Transmission by 7.6% during the third quarter. Ethic Inc. now owns 10,905 shares of the auto parts company’s stock worth $1,235,000 after buying an additional 774 shares in the last quarter. StoneX Group Inc. acquired a new stake in shares of Allison Transmission during the third quarter worth approximately $221,000. Finally, Parallel Advisors LLC increased its stake in shares of Allison Transmission by 8.6% in the third quarter. Parallel Advisors LLC now owns 1,779 shares of the auto parts company’s stock worth $202,000 after buying an additional 141 shares during the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

More Allison Transmission News

Here are the key news stories impacting Allison Transmission this week:

  • Positive Sentiment: Third-quarter adjusted EPS of $2.90 and revenue of $1.534 billion beat analyst estimates; sales rose 121% year over year, reflecting the addition of the acquired off-highway business as well as growth in Allison’s core transmission unit. Zacks earnings report
  • Positive Sentiment: Management raised full-year 2026 revenue guidance to $6.0–$6.1 billion, above the roughly $5.9 billion consensus, and also lifted earnings and cash-flow guidance. Expected synergies of more than $120 million in 2027 add to the potential upside. Guidance update
  • Positive Sentiment: Morgan Stanley raised its price target from $132 to $139, implying potential upside, though it kept an “equal weight” rating. Morgan Stanley rating
  • Negative Sentiment: One potential concern is pressure on margins: the acquired off-highway business is less profitable, weighing on margins despite strong sales. Analysts’ overall views are mixed. Q3 review

About Allison Transmission

(Get Free Report)

Allison Transmission, Inc designs and manufactures propulsion solutions for commercial, defense and off-highway vehicles. The company is best known for its fully automatic transmissions, which are used in applications including refuse collection, construction, distribution, emergency services, public transportation and mining.

Its product portfolio also includes electric and hybrid-electric propulsion systems, including the eGen Power electric axle and other electrification technologies.

Further Reading

Analyst Recommendations for Allison Transmission (NYSE:ALSN)

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