Allison Transmission Holdings, Inc. (ALSN)

NYSE: ALSN · IEX Real-Time Price · USD
74.83
+0.20 (0.27%)
At close: Feb 26, 2024, 4:00 PM
74.46
-0.37 (-0.49%)
After-hours: Feb 26, 2024, 7:03 PM EST
0.27%
Market Cap 6.68B
Revenue (ttm) 3.04B
Net Income (ttm) 673.00M
Shares Out 89.48M
EPS (ttm) 7.40
PE Ratio 10.11
Forward PE 10.10
Dividend $1.00 (1.34%)
Ex-Dividend Date Mar 1, 2024
Volume 648,897
Open 74.50
Previous Close 74.63
Day's Range 74.26 - 75.24
52-Week Range 41.61 - 75.24
Beta 0.97
Analysts Sell
Price Target 58.00 (-22.49%)
Earnings Date Feb 13, 2024

About ALSN

Allison Transmission Holdings, Inc., together with its subsidiaries, designs, manufactures, and sells fully automatic transmissions for medium- and heavy-duty commercial vehicles and medium- and heavy-tactical U.S. defense vehicles, and electrified propulsion systems worldwide. It provides commercial-duty on-highway, off-highway and defense fully automatic transmissions, and electric hybrid and fully electric systems. The company offers transmissions for various applications, including distribution, refuse, construction, fire, and emergency on-... [Read more]

Industry Auto Parts
IPO Date Mar 15, 2012
Employees 3,700
Stock Exchange NYSE
Ticker Symbol ALSN
Full Company Profile

Financial Performance

In 2023, ALSN's revenue was $3.04 billion, an increase of 9.61% compared to the previous year's $2.77 billion. Earnings were $673.00 million, an increase of 26.74%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for ALSN stock is "Sell." The 12-month stock price forecast is $58.0, which is a decrease of -22.49% from the latest price.

Price Target
$58.0
(-22.49% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Allison Transmission Announces a 9% Increase to the Quarterly Dividend and the Annual Stockholders Meeting and Record Date

INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global ...

5 days ago - Business Wire

Allison Transmission Announces Record Fourth Quarter and Full Year 2023 Results

INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission Holdings Inc. (NYSE: ALSN) today reported an 8 percent increase in fourth quarter net sales from the same period in 2022, propelling full year net s...

13 days ago - Business Wire

Allison Transmission's 3414 Regional Haul Series™ Selected by One of the World's Largest Logistics Companies for Natural Gas-Powered Fleet

INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission is pleased to announce a leading global logistics and delivery company will add Freightliner Cascadia compressed natural gas (CNG) day cab tractors ...

18 days ago - Business Wire

Allison Transmission Partners with Volare to Introduce South America's First School Buses Equipped with Fully Automatic Transmissions

INDIANAPOLIS--(BUSINESS WIRE)--In partnership with Volare, Brazil's leading minibus manufacturer, Allison Transmission will equip South America's first school buses with fully automatic transmissions....

19 days ago - Business Wire

Allison Transmission to Drive Innovation with New Venture Capital Arm

INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and...

27 days ago - Business Wire

Allison Transmission Schedules Fourth Quarter and Full Year 2023 Earnings Conference Call

INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global ...

4 weeks ago - Business Wire

Allison Transmission Forms Strategic Partnership with SANY to Provide Transmissions for Mining Vehicles

INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission is pleased to announce a strategic partnership agreement with SANY, a global heavy equipment manufacturer for the mining and construction markets. A...

4 weeks ago - Business Wire

Allison Transmission Awarded $83.3 Million Contract to Support U.S. Army Abrams Tank Modernization and Tank Production for Abrams User Nations

INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, received an $83.3 mill...

5 weeks ago - Business Wire

UAW members at Allison Transmission vote to ratify new four-year contract

UAW members at Allison Transmission's Indianapolis facilities voted to ratify a new labor agreement, adding to the union's recent list of victories including record wage hikes for workers at the Detro...

5 weeks ago - Reuters

Allison Transmission Announces Ratification of New Labor Agreement with the UAW

INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission announced today that a new collective bargaining agreement with the International United Automobile, Aerospace and Agricultural Implement Workers of...

5 weeks ago - Business Wire

UAW reaches agreement with auto parts maker Allison Transmission

The United Auto Workers (UAW) union has reached an agreement with auto parts maker Allison Transmission Holdings Inc over a tentative labor deal covering 1,500 workers in Indianapolis, the labor group...

7 weeks ago - Reuters

Allison Transmission: Into Overdrive

We continue to favor overlooked ‘picks and shovels' companies with solid fundamentals trading at attractive valuations.

4 months ago - Forbes

Allison Transmission Declares Quarterly Dividend

INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its Board of Directors has declared a cash dividend of $0.23 per share on the Company's common stock...

4 months ago - Business Wire

Allison Transmission Announces Third Quarter 2023 Results

INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission Holdings Inc. (NYSE: ALSN), today reported third quarter net sales of $736 million, a 4 percent increase from the same period in 2022 and diluted EP...

4 months ago - Business Wire

Allison Transmission Selected for Australian Armored Vehicle Project as Part of Hanwha's Redback

INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense platforms...

4 months ago - Business Wire

Allison Transmission Honors Guild Technician Skills Competition Finalists

INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission is pleased to announce the winner of the Allison Guild Technician Skills Competition. Matt Kagarise from Penn Power Group was named Grand Champion o...

4 months ago - Business Wire

Allison Transmission and B-Metro Partner on Electric Hybrid Technology to Modernize Public Transit System in Texas

INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission will partner with B-Metro, the public transit system in Brownsville, Texas, to provide the Allison eGen FlexTM electric hybrid propulsion system for...

5 months ago - Business Wire

Allison Transmission Schedules Third Quarter 2023 Earnings Conference Call

INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global ...

5 months ago - Business Wire

Allison Transmission Partners with Key Polish Defense Industry Leaders

INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles,...

5 months ago - Business Wire

The Good And Bad: Allison Transmission & Schrodinger Inc.

See two of the featured stocks from this month's model portfolios.

Other symbols: SDGR
5 months ago - Forbes

U.S. Army's M10 Booker Program in Production with Allison Transmission

INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, has been awarded a con...

6 months ago - Business Wire

Allison Transmission Delivers Propulsion Solution for New Mack® Compressed Natural Gas Truck

INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission is pleased to announce that Mack Trucks, one of North America's largest producers of heavy-duty trucks, has selected the Allison 4500 Rugged Duty Se...

6 months ago - Business Wire

Allison Transmission Announces Second Quarter 2023 Results

INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission Holdings Inc. (NYSE: ALSN), today reported second quarter net sales of $783 million, an 18 percent increase from the same period in 2022 and diluted...

7 months ago - Business Wire

Allison Transmission and Team Lynx Win Contract for Next Phases of U.S. Army's Optionally Manned Fighting Vehicle Program

INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles,...

7 months ago - Business Wire

IndyGo Partners with Allison Transmission to Expand Electric Hybrid Fleet in Indianapolis

INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission is pleased to announce that the Indianapolis Public Transportation Corporation (IndyGo) is applying its recent $19 million grant from the Federal Tr...

7 months ago - Business Wire