Allison Transmission Holdings, Inc. Stock News

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Allison Transmission Holdings, a capital-light compounder, specializes in fully automatic transmissions for commercial and defense vehicles, as well as electrified propulsion systems. The company serves various industries, including construction, on-highway trucks, and emergency vehicles, showcasing its diverse market presence. ALSN stock has experienced a significant surge in 2024, nearly doub...

INDIANAPOLIS , Nov. 6, 2024 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its Board of Directors has declared a cash dividend of $0.25 per share on the Company's common stock for the third quarter of 2024. Payment will be made on November 27, 2024, to stockholders of record at the close of business on November 18, 2024.

Allison Transmission Holdings, Inc. (NYSE:ALSN ) Q3 2024 Earnings Conference Call October 29, 2024 5:00 PM ET Company Participants Jacalyn Bolles - Executive Director, Treasury and Investor Relations David Graziosi - Chairman and Chief Executive Officer Frederick Bohley - Senior Vice President, Chief Financial Officer and Treasurer Conference Call Participants Ian Zaffino - Oppenheimer & Co. In...

Record quarterly net sales of $824 million, up 12% year over year Net Income of $200 million, up 27% year over year Diluted EPS of $2.27, a quarterly record, up 29% year over year Increasing full year 2024 revenue, earnings and cash flow guidance  INDIANAPOLIS , Oct. 29, 2024 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), today reported third quarter net sales of $824 million,...

The southern state of Tamil Nadu upgrades fleets with hundreds of new buses equipped with Allison fully automatic transmissions. INDIANAPOLIS , Oct. 28, 2024 /PRNewswire/ -- Allison Transmission and Ashok Leyland, the Indian flagship of the Hinduja Group and one of the country's leading commercial vehicle manufacturers, have collaborated to introduce the first low-floor city buses equipped with...

The 22% price increase since August outperformed the S&P 500, indicating strong momentum, despite my earlier concerns about valuation. The financial statements show strong positive cash flows, improved debt management, and solid liquidity over the past couple of years, fully backing up the stock's strong momentum. Peer comparisons reveal the company isn't overvalued, despite high historical val...

200,000 square-foot expansion expected to be completed in 2025, operational in 2026 and ramping to full manufacturing capacity in 2027 INDIANAPOLIS , Oct. 24, 2024 /PRNewswire/ -- Allison Transmission is pleased to announce the expansion of its state-of-the-art manufacturing facility in Chennai, India, to support increasing global demand for Allison fully automatic transmissions. The multi-year...