Allison(ALSN)
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Best Income Stocks to Buy for April 18th
Zacks Investment Research· 2024-04-18 11:16
Here are two stocks with buy rank and strong income characteristics for investors to consider today, April 18:Allison Transmission Holdings, Inc. (ALSN) : This transmission systems companyhas witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.8% the last 60 days.This Zacks Rank #1 company has a dividend yield of 1.3%, compared with the industry average of 0.0%.Louisiana-Pacific Corporation (LPX) : This building solutions provider has witnessed the Zacks Consensus Estimate for ...
Best Value Stocks to Buy for April 18th
Zacks Investment Research· 2024-04-18 10:16
Here are three stocks with buy rank and strong value characteristics for investors to consider today, April 18:Huron Consulting Group Inc. (HURN) : This consultancy services provider carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.8% over the last 60 days.Huron Consulting Group has a price-to-earnings ratio (P/E) of 16.08 compared with 23.90 for the company. The company possesses a Value Score of A.Louisiana-Pacific Corporation (LPX) : This ...
Allison Transmission Expands Partnership with SANY to Provide Specialty Series™ Transmission for 500-Ton All-Terrain Crane
Prnewswire· 2024-04-17 21:30
"Our off-highway vehicles require a powerful transmission designed to meet the challenge of navigating difficult terrain," said Du Jian, R&D Director of Crane Chassis, SANY. "We selected the Allison 4970 SP due to its proven ability to increase vehicle productivity and maneuverability." In addition to SANY's STC5000 crane, Allison is also the propulsion solution provider for the company's SAC600E 60-ton crane. "Allison and SANY continue to build upon our longstanding partnership with the proven performance ...
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 ...