Allison(ALSN)

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5 Mid-Cap Stocks to Buy in a Volatile April
Zacks Investment Research· 2024-04-12 14:21
U.S. stock markets have been retreating in April after a sharp rally in the last 15 months. The euphoria surrounding the first rate cut in the benchmark lending rate in June by the Fed evaporated as the yield on the benchmark 10-Year U.S. Treasury Note returned northward, trading around 4.5%.This was primarily due to a sticky inflation rate despite a restrictive monetary policy and an extremely high interest rate regime in the last 24 months. At present, the CME FedWatch shows just a 17% chance of a rate cu ...
Should Value Investors Buy Allison Transmission Holdings (ALSN) Stock?
Zacks Investment Research· 2024-04-10 14:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...
2 Auto Equipment Providers Worth Buying Despite Industry Concerns
Zacks Investment Research· 2024-04-09 14:26
The Zacks Automotive - Original Equipment industry is battling commodity cost inflation, supply chain disruptions and a potential slowdown in the vehicle growth rate. Costs of borrowing remain high, and there is a lot of uncertainty regarding the timing of Fed rate cuts. Rising operational costs and shifting industry dynamics are the other hurdles. Balancing revenue generation amid these challenges might prove difficult for industry participants. Success will hinge on effective cost-management efforts. Osh ...
Time to Buy These Top Automotive Equipment Stocks for Value
Zacks Investment Research· 2024-04-03 22:16
Checking out the Zacks Rank #1 (Strong Buy) list, Allison Transmission Holdings (ALSN) and Dorman Products (DORM) are two standouts in terms of value.Belonging to the auto sector, Allison Transmission provides fully automatic transmissions and propulsion solutions for commercial and defense vehicles with Dorman Products supplying replacement and upgrade parts in the motor vehicle aftermarket.That said, let’s take a look at why now is a good time to buy these highly-ranked automotive equipment stocks.Allis ...
ALSN or RACE: Which Is the Better Value Stock Right Now?
Zacks Investment Research· 2024-03-22 16:46
Investors looking for stocks in the Automotive - Original Equipment sector might want to consider either Allison Transmission (ALSN) or Ferrari (RACE) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stock ...
KS Pulverizadores Unveils First Brazilian Agriculture Sprayer Equipped with Allison Fully Automatic Transmission
Businesswire· 2024-03-19 12:30
INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission is pleased to announce that the first Allison-equipped agriculture sprayer built in Brazil was recently showcased by KS Pulverizadores, a leading Brazilian agriculture equipment manufacturer, at Show Rural Coopavel, an agriculture industry tradeshow in Cascavel, Brazil. Allison’s successful entry into the Brazilian ag sprayer market, where most sprayers have been traditionally equipped with hydrostatic and manual transmissions, is a milestone in the compan ...
Allison Transmission Announces Closing of Amend and Extend of its Revolving Credit Facility and Term Loan Debt
Businesswire· 2024-03-18 20:30
INDIANAPOLIS--(BUSINESS WIRE)--Allison Transmission Holdings Inc. (NYSE: ALSN) (“Allison” or the “Company”) announced today that, on March 13, 2024, its wholly owned subsidiary, Allison Transmission, Inc. (the “Borrower”), entered into a fourth amendment to its credit agreement (the “Amendment”). Pursuant to the Amendment, the Borrower increased its commitments under its revolving credit facility from $650 million to an aggregate principal amount of $750 million, extended the maturity date thereof from 2 ...
Why Is Allison Transmission (ALSN) Up 7.8% Since Last Earnings Report?
Zacks Investment Research· 2024-03-14 16:36
A month has gone by since the last earnings report for Allison Transmission (ALSN) . Shares have added about 7.8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Allison Transmission due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Allison Q4 Earnings Top EstimatesAl ...
Allison Transmission (ALSN) Advances While Market Declines: Some Information for Investors
Zacks Investment Research· 2024-03-13 23:21
Allison Transmission (ALSN) closed the latest trading day at $75.56, indicating a +0.19% change from the previous session's end. The stock outpaced the S&P 500's daily loss of 0.19%. On the other hand, the Dow registered a gain of 0.1%, and the technology-centric Nasdaq decreased by 0.54%.Shares of the automatic transmission maker have appreciated by 22.55% over the course of the past month, outperforming the Auto-Tires-Trucks sector's gain of 0.68% and the S&P 500's gain of 3.18%.The investment community w ...
Is Allison Transmission Holdings (ALSN) Stock Undervalued Right Now?
Zacks Investment Research· 2024-03-08 15:46
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics ...