Media stories about Allison Transmission (NYSE:ALSN) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Allison Transmission earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave media headlines about the auto parts company an impact score of 43.6471061892582 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

Shares of Allison Transmission (NYSE ALSN) opened at $44.89 on Friday. Allison Transmission has a twelve month low of $32.93 and a twelve month high of $45.69. The stock has a market cap of $6,360.00, a P/E ratio of 19.78, a P/E/G ratio of 1.68 and a beta of 1.21. The company has a debt-to-equity ratio of 4.57, a current ratio of 1.50 and a quick ratio of 1.15.

Allison Transmission (NYSE:ALSN) last released its earnings results on Monday, October 30th. The auto parts company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.27. Allison Transmission had a net margin of 16.34% and a return on equity of 45.65%. The firm had revenue of $595.00 million during the quarter, compared to the consensus estimate of $533.53 million. During the same period in the previous year, the firm earned $0.27 earnings per share. Allison Transmission’s revenue was up 37.1% compared to the same quarter last year. equities analysts anticipate that Allison Transmission will post 2.49 EPS for the current year.

Allison Transmission announced that its board has initiated a share repurchase plan on Wednesday, November 8th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the auto parts company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

A number of equities research analysts have recently commented on ALSN shares. Citigroup lifted their price target on shares of Allison Transmission from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, November 2nd. Robert W. Baird reiterated a “buy” rating and set a $52.00 price target on shares of Allison Transmission in a report on Wednesday, November 1st. BidaskClub upgraded shares of Allison Transmission from a “hold” rating to a “buy” rating in a report on Saturday, October 21st. Royal Bank of Canada reiterated a “buy” rating on shares of Allison Transmission in a report on Thursday, November 2nd. Finally, Zacks Investment Research upgraded shares of Allison Transmission from a “hold” rating to a “buy” rating and set a $49.00 price target for the company in a report on Friday, November 3rd. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $44.18.

In other Allison Transmission news, Director James A. Star sold 136,160 shares of Allison Transmission stock in a transaction that occurred on Saturday, December 29th. The shares were sold at an average price of $43.26, for a total transaction of $5,890,281.60. Following the transaction, the director now directly owns 41,450 shares of the company’s stock, valued at $1,793,127. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director James A. Star sold 135,460 shares of Allison Transmission stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of $44.50, for a total transaction of $6,027,970.00. Following the transaction, the director now directly owns 41,450 shares in the company, valued at $1,844,525. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 3,413,129 shares of company stock valued at $150,042,595. 7.90% of the stock is owned by insiders.

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Allison Transmission Company Profile

Allison Transmission Holdings, Inc and its subsidiaries design and manufacture commercial and defense fully-automatic transmissions. The Company manufactures fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium-and heavy-tactical United States defense vehicles. The Company’s transmissions are used in a range of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (primarily school, transit and hybrid-transit), motorhomes, off-highway vehicles and equipment (energy, mining and construction) and defense vehicles (wheeled and tracked).

Insider Buying and Selling by Quarter for Allison Transmission (NYSE:ALSN)

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