The leading market experts have placed a mean price target of $30.69 on Allison Transmission Holdings, Inc. (NYSE:ALSN) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.22 a share for the upcoming quarter and $1.10 for the current fiscal.
The technical analysis of Allison Transmission Holdings, plainly substantiates that the 50-day moving average of Allison Transmission Holdings, is $28.58, and stock is trading $-0.37 points away or -1.29% from its 50-day moving average of $28.58. Further it is trading $1.37 or +5.10% away its 200-day moving average of $26.84. Allison Transmission Holdings, Inc. (NYSE:ALSN) 52-week high is $30.52 and the 52-week low is $20.56.
This explains if the stock moves $-2.31, it will post a 52-week high. In event of +37.21% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Allison Transmission Holdings, , shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Allison Transmission Holdings, Inc. (NYSE:ALSN) ratio came in at 28.79.
The stock last ended the trading session at $28.21 and registered a market cap of $4.73B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Allison Transmission Holdings, Inc. (NYSE:ALSN) PEG ratio is at 1.93.
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