Allison Transmission Intrinsic Value Calculator – State of New Jersey Common Pension Fund D Sells 3315 Shares of Allison Transmission Holdings,
July 25, 2023
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The State of New Jersey Common Pension Fund D has taken a significant step in reshaping its portfolio, recently selling 3315 shares of Allison Transmission ($NYSE:ALSN) Holdings, Inc. at Defense World. The company’s innovative products and solutions, ranging from fully automatic and hybrid solutions to powertrain components, are used in a variety of applications, including on-highway trucks and buses, medium-duty vehicles, vocational vehicles, military vehicles, and aftermarket. Allison Transmission also provides engineering, manufacturing, and service solutions to the world’s leading original equipment manufacturers.
The company’s stock is currently traded on the New York Stock Exchange under the ticker symbol ALSN. It remains to be seen if this move will prove to be a successful decision for the pension fund.
Stock Price
This amount was 0.2% higher than the previous closing price of $58.2, which had been recorded on the same day. The sale of these shares marks the most recent move in a series of stock movements of Allison Transmission Holdings, Inc. by the State of New Jersey Common Pension Fund D. It is unclear, however, whether or not these shares were part of a larger investment strategy or merely an opportunistic sale for a quick profit. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Allison Transmission. More…
| Total Revenues | Net Income | Net Margin |
| 2.83k | 572 | 21.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Allison Transmission. More…
| Operations | Investing | Financing |
| 688 | -167 | -320 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Allison Transmission. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.83k | 3.85k | 10.81 |
Key Ratios Snapshot
Some of the financial key ratios for Allison Transmission are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.1% | -2.1% | 28.6% |
| FCF Margin | ROE | ROA |
| 18.2% | 54.4% | 10.5% |
Analysis – Allison Transmission Intrinsic Value Calculator
At GoodWhale, we recently conducted an analysis of ALLISON TRANSMISSION‘s well-being. After careful consideration of various financial and market factors, we arrived at a fair value of ALLISON TRANSMISSION shares to be around $52.8, calculated by our proprietary Valuation Line. The current price of ALLISON TRANSMISSION stock is traded at $58.4, a fair price that is slightly overvalued by 10.6%. More…
Peers
With headquarters in Indianapolis, Indiana, Allison Transmission has approximately 2,700 employees and over 70 facilities worldwide. The company’s products are used in a variety of applications, including on-highway trucks (light-, medium- and heavy-duty), buses, motor homes, off-highway vehicles and equipment (construction, agricultural and mining), and military vehicles. Allison Transmission also has a growing global customer base in the energy sector, including gas compression and renewable energy (wind and solar). The company’s primary competitors are XL Fleet Corp, Tata Motors Ltd, Electrameccanica Vehicles Corp Ltd.
– XL Fleet Corp ($NYSE:XL)
Founded in 2001, Fleet Corp is a provider of enterprise software solutions. The company’s products are used by organizations in a variety of industries for asset management, compliance, and tracking purposes. Fleet Corp has a market cap of 111.42M as of 2022 and a return on equity of -9.42%. The company’s products are used by organizations in a variety of industries for asset management, compliance, and tracking purposes.
– Tata Motors Ltd ($NYSE:TTM)
Tata Motors Ltd. is an Indian multinational automotive manufacturing company headquartered in Mumbai, Maharashtra, India. Part of the Tata Group, it was formerly known as Tata Engineering and Locomotive Company (TELCO). Its products include passenger cars, trucks, vans, coaches, buses, construction equipment and military vehicles. It has assembly and manufacturing plants in Jamshedpur, Lucknow, Pantnagar, Guwahati, Dharwad, Sanand, Pune and Dhenkanal.
– Electrameccanica Vehicles Corp Ltd ($NASDAQ:SOLO)
Electrameccanica Vehicles Corp Ltd is a Canadian electric vehicle manufacturer based in Vancouver, British Columbia. The company’s first product is the Solo, a single-seat electric vehicle designed for commuting and errands. The Solo uses a 20 kWh lithium-ion battery and has a range of 160 km (100 mi). It is capable of reaching speeds of up to 130 km/h (81 mph).
Summary
The State of New Jersey Common Pension Fund D recently sold 3315 shares of Allison Transmission Holdings, Inc., a manufacturer of automatic transmissions and hybrid propulsion systems for commercial and defense vehicles. This investment divestment could be seen as a sign of caution for those considering buying shares in the company, as the Fund is likely trying to limit potential losses. Recent earnings reports have beat expectations, and analysts have increased their price targets for the company. Despite the recent divestment, Allison still appears to be a good long-term investment option, with strong prospects for growth.
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