Allison Transmission (ALSN) closed the most recent trading day at $75.40, moving +0.09% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.8% for the day. At the same time, the Dow added 0.23%, and the tech-heavy Nasdaq gained 1.14%.The automatic transmission maker's shares have seen an increase of 22.59% over the last month, surpassing the Auto-Tires-Trucks sector's gain of 11.46% and the S&P 500's gain of 5.2%.The upcoming earnings release of Allison Trans ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?Developed alongsi ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as we ...

Shares of Allison Transmission (ALSN) have been strong performers lately, with the stock up 23.9% over the past month. The stock hit a new 52-week high of $73.47 in the previous session. Allison Transmission has gained 26.2% since the start of the year compared to the -5.5% move for the Zacks Auto-Tires-Trucks sector and the -2.4% return for the Zacks Automotive - Original Equipment industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed o ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

Allison Transmission’s venture capital arm invests in the development of Niron’s Clean Earth Magnet®️ technology, intended to address the global demand and supply risks of rare-earth elements needed for electric vehicle motors and other critical applications. (Photo: Business Wire)Allison Transmission’s venture capital arm invests in the development of Niron’s Clean Earth Magnet®️ technology, intended to address the global demand and supply risks of rare-earth elements needed for electric vehicle motors and ...

For those looking to find strong Auto-Tires-Trucks stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Allison Transmission (ALSN) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Auto-Tires-Trucks peers, we might be able to answer that question.Allison Transmission is a member of our Auto-Tires-Trucks group, which includes 111 different companies and currently sits at #14 in the Zacks Sector Rank. The ...

Douglas Sacha/Moment via Getty Images Is ALSN still a Buy? Allison Transmission Inc, (NYSE:ALSN) reported earnings last week on 2/13/2024 and blew expectations out of the water. EPS Normalized Actual came in at $2.04, beating expectations by $0.54. EPS GAAP Actual came in at $1.91, beating by $0.46. ALSN also celebrated a Revenue surprise of $30.42M for a Revenue Actual of $775.00M. As a result, ALSN shares traded nearly 20% post market hours and settled back down to around $71 today. The question becomes i ...

Allison Transmission Holdings (ALSN) delivered fourth-quarter 2023 earnings of $1.91 per share, which rose 25.6% year over year and topped the Zacks Consensus Estimate of $1.42. The outperformance can be attributed to higher-than-expected sales from North America On-Highway, Defense and Outside North America Off-Highway end markets. Record quarterly revenues of $775 million grew 8% from the year-ago period and outpaced the Zacks Consensus Estimate of $755 million.Thanks to robust results, shares of ALSN ral ...

The auto sector tends to have promising companies with strong growth narratives due to their essentiality. Following their favorable fourth quarter reports this week Allison Transmission (ALSN)  and Goodyear Tire (GT)  are starting to fit this description and also stand out in terms of value.With that being said, here’s a look at their quarterly results and an overview of why now is an ideal time to buy these top-rated auto stocks.Allison’s Intriguing Growth & Value As the world’s largest producer of fully ...