Allison Transmission Holdings, Inc. (ALSN) is likely to benefit from rising global defense budgets, continued innovation in product development and international growth opportunities. However, high R&D and labor costs remain concerning.Let’s find out why this Zacks Rank #3 (Hold) stock is worth retaining at the moment.Rising Defense Budget, Continued Innovation Aid ALSNAllison is well-positioned to benefit from rising global defense budgets. For 2024, Allison is targeting an additional $100 million in reven ...

Mining industry leaders sign agreement at ride-and-drive event featuring LiuGong's newest Allison-equipped Wide Body Mining Dump Truck.INDIANAPOLIS, Sept. 17, 2024 /PRNewswire/ -- Allison Transmission is pleased to announce a strategic partnership with LiuGong, a top-tier global construction equipment manufacturer, marked by the signing of a Memorandum of Understanding (MOU) in Balikpapan, Indonesia. The signing ceremony was part of a customer ride-and-drive event showcasing LiuGong's latest 70-ton DW105A W ...

Allison-equipped Hydrogen Internal Combustion Engine (H2-ICE) truck demonstrates emissions control capable of outperforming upcoming emissions standards in the U.S. and Europe.INDIANAPOLIS, Sept. 12, 2024 /PRNewswire/ -- Allison Transmission is pleased to announce the integration of the Allison 4000 Series™ transmission with a Class 8 truck equipped with a Hydrogen Internal Combustion Engine (H2-ICE) displayed by Southwest Research Institute (SwRI) at SAE International's Commercial Vehicle Engineering Congr ...

Allison Transmission (ALSN) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing ear ...

da-kuk/E+ via Getty Images Allison Transmission Holdings, Inc. (NYSE:ALSN) recently published great Q2 earnings results on July, 25. Despite significant growth in their North American On-Highway, and Defense end markets, and a raised 2024 guidance, I am still not convinced of management's confidence in the current share price. Despite the repurchase of $31 million in shares during the second quarter, there was no insider buying activity. In other words, no skin in the game, which to me is an indication ...

Investors interested in stocks from the Automotive - Original Equipment sector have probably already heard of Allison Transmission (ALSN) and Ferrari (RACE) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.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 stoc ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following 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 in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Allison Transmission Holdings (ALSN) delivered second-quarter 2024 earnings of $2.13 per share, which rose 11% year over year and beat the Zacks Consensus Estimate of $2.04. Record quarterly revenues of $816 million grew 4% from the year-ago period's level and outpaced the Zacks Consensus Estimate of $799 million.Segmental PerformanceAllison segregates revenues in terms of end markets served, which are as follows:In the reported quarter, net sales in the North America On-Highway end market rose 14.8% year o ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-35456 | --- | --- | |-------------------------------------------------------------------------------------------|--------------------------| | ALLISON TRANS ...

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