ALSN Stock Recent News

INDIANAPOLIS , June 4, 2024 /PRNewswire/ -- Allison Transmission Holdings, Inc. (NYSE: ALSN), a global leader in commercial-duty automatic transmissions, electric and hybrid propulsion solutions, is pleased to announce the appointment of G. Frederick (Fred) Bohley III as the new Chief Operating Officer (COO), effective immediately.

Allison has achieved double-digit profit growth over the past decade through improved operating and capital efficiencies. The company is financially sound. It has a good capital allocation plan with a low Reinvestment rate. Despite its compounding track record, the market has not fully recognized Allison's value, presenting an investment opportunity with a 30% margin of safety.

Allison Transmission (ALSN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Allison (ALSN) reports better-than-expected first-quarter results, driven by an increase in net sales in the North America On-Highway, Defense, Outside North America On-Highway & Off-Highway end markets.

Here is how Allison Transmission (ALSN) and Modine (MOD) have performed compared to their sector so far this year.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Allison Transmission Holdings, Inc. (NYSE:ALSN ) Q1 2024 Earnings Conference Call April 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 Ian Zaffino - Oppenheimer Justin Pellegrino - Melius Research Tami Zakaria - JPMorgan Angel Castillo - Morgan Stanley Jerry Revich - Goldman Sachs Operator Good afternoon. Thank you for standing by.

While the top- and bottom-line numbers for Allison Transmission (ALSN) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Allison Transmission (ALSN) came out with quarterly earnings of $1.90 per share, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $1.85 per share a year ago.

Invest in stocks of MakeMyTrip Limited (MMYT), Allison Transmission Holdings (ALSN), Hess (HES) and BancFirst (BANF) to tap their high-efficiency levels.