Allison Transmission Holdings, Inc. (NYSE:ALSN) has a mean price target of $30.79 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.22 a share for the very next quarter and $1.10 for this year.
The technical study of Allison Transmission Holdings, demonstrates that the 50-day moving average of Allison Transmission Holdings, Inc. (NYSE:ALSN) stock is $27.89, and is trading $-0.64 points away or -2.31% from 50-day moving average of $27.89. It is trading $-0.41 or -1.49% away 200-day moving average of $27.66.
The 52-week high of Allison Transmission Holdings, Inc. (NYSE:ALSN) was $30.52 while $20.56 is the low mark in the same period. It state Allison Transmission Holdings, share price has to surge more than $-3.27 to hit 52-week high or drop +32.54% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of Allison Transmission Holdings, , investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Allison Transmission Holdings, Inc. (NYSE:ALSN) ratio came in at 27.81, after dividing current equity price by yearly earnings. Allison Transmission Holdings, stock recorded a close of $27.25 in last trading session, registering a market cap of $4.57B.
The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.
Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Allison Transmission Holdings, Inc. (NYSE:ALSN) PEG ratio is at 2.05.
1 Chart Pattern Every Investor Should Know
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