On Oct 30, major Wall Street analysts update their ratings for $Allison Transmission (ALSN.US)$, with price targets ranging from $77 to $115.
Morgan Stanley analyst Angel Castillo maintains with a hold rating, and maintains the target price at $103.
BofA Securities analyst Sherif El-Sabbahy maintains with a sell rating, and adjusts the target price from $56 to $77.
Baird analyst Luke Junk maintains with a hold rating, and adjusts the target price from $90 to $108.
Oppenheimer analyst Ian Zaffino maintains with a buy rating, and adjusts the target price from $90 to $115.
Furthermore, according to the comprehensive report, the opinions of $Allison Transmission (ALSN.US)$'s main analysts recently are as follows:
The third quarter for Allison Transmission was noted as 'another beat and raise', leading to an increase of approximately 1% in the top-line estimate for 2024 and a 3% rise in the projected adjusted EBITDA for the same year, following the company's quarterly report. Allison is recognized as gaining from the prolonged demand in the vocational truck sector, which is demonstrating greater resilience and justifies a higher valuation multiple. However, there remain apprehensions regarding the company's margin progression from one cycle to the next.
Allison Transmission's third-quarter performance surpassed expectations, bolstered by vigorous demand in both North American and International On-Highway, as well as the Defense sectors. This robust quarter led to an increased forecast for FY24, reflecting confidence in the ongoing strength in the North American On-Highway market.
The firm has expressed continued approval of the near-term fundamentals, and their overall sentiment has become more positive following the third-quarter results, which surpassed the high expectations set for the company.
Here are the latest investment ratings and price targets for $Allison Transmission (ALSN.US)$ from 4 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
美东时间10月30日，多家华尔街大行更新了$艾里逊变速箱 (ALSN.US)$的评级，目标价介于77美元至115美元。
摩根士丹利分析师Angel Castillo维持持有评级，维持目标价103美元。
美银证券分析师Sherif El-Sabbahy维持卖出评级，并将目标价从56美元上调至77美元。
贝雅分析师Luke Junk维持持有评级，并将目标价从90美元上调至108美元。
奥本海默控股分析师Ian Zaffino维持买入评级，并将目标价从90美元上调至115美元。
此外，综合报道，$艾里逊变速箱 (ALSN.US)$近期主要分析师观点如下：
艾里逊变速箱公司第三季度被评为“再次超预期”，导致2024年上线预期增长约1％，以及同一年调整后EBITDA的预计增长3％，这是根据公司的季度报告。艾里逊被认为受益于职业卡车板块长期需求的持续增长，这表现出更强的韧性并证明了更高的估值倍数。然而，对公司的利润率从一个周期到另一个周期的进展仍然存在担忧。
艾里逊变速箱第三季度的表现超出预期，得益于北美和国际公路以及军工股板块的强劲需求。这一强劲季度导致对FY24的预测提高，反映出对北美公路市场持续强劲的信心。
该公司对近期基本面持续表示赞许，他们的整体情绪在第三季度的业绩超出公司设定的高期望后变得更加积极。
以下为今日4位分析师对$艾里逊变速箱 (ALSN.US)$的最新投资评级及目标价：
提示:
TipRanks为独立第三方，提供金融分析师的分析数据，并计算分析师推荐的平均回报率和胜率。提供的信息并非投资建议，仅供参考。本文不对评级数据和报告的完整性与准确性做出认可、声明或保证。
TipRanks提供每位分析师的星级，分析师星级代表分析师所有推荐的过往表现，通过分析师的总胜率和平均回报率综合计算得出，星星越多，则该分析师过往表现越优异，最高为5颗星。
分析师总胜率为近一年分析师的评级成功次数占总评级次数的比率。评级的成功与否，取决于TipRanks的虚拟投资组合是否从该股票中产生正回报。
总平均回报率为基于分析师的初始评级创建虚拟投资组合，并根据评级变化对组合进行调整，在近一年中该投资组合所获得的回报率。
