Citi Sees Upturn Potential for Allison Transmission Stock

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Citi has initiated a Positive Catalyst Watch on Allison Transmission ($NYSE:ALSN), a global leader in the design, manufacture, and distribution of commercial and industrial automatic transmissions and hybrid-propulsion systems. With facilities in the United States, Europe, China, India and Brazil, Allison Transmission has established itself as a major player in the global economy. Throughout its long history, Allison Transmission has remained dedicated to innovation and customer satisfaction. With a portfolio of products that deliver superior performance for their respective markets, Allison Transmission has earned the trust of its customers around the world.

Now, with Citi’s Positive Catalyst Watch, investors are seeing potential for further growth for the company’s stock. Citi believes that the company’s long-term prospects remain promising, with the potential for higher returns in the coming months and years.

Market Price

This slight dip in stock value came despite expectations that there could be an upturn potential for Allison Transmission stock in the near future. Despite the small decrease in stock value on Friday, analysts are still bullish on the prospects of Allison Transmission and believe that the company is well-positioned to continue to see growth and success in the future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Allison Transmission. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Allison Transmission. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Allison Transmission. More…

Key Ratios Snapshot

Some of the financial key ratios for Allison Transmission are shown below. More…

Analysis

At GoodWhale, we have conducted an analysis of ALLISON TRANSMISSION‘s fundamentals to give our readers a better understanding of the investment risks associated with this company. Based on our risk rating methodology, we have determined that ALLISON TRANSMISSION is a medium risk investment in terms of financial and business aspects. We have detected two risk warnings in the income sheet and balance sheet which are available to registered users on our platform. We encourage investors to do their own research and understand the potential risks associated with investing in ALLISON TRANSMISSION. By being aware of these risks, investors can make more informed decisions and be better prepared to manage any potential losses. 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

Citi has opened a Positive Catalyst Watch on Allison Transmission, a leading global provider of commercial-duty automatic transmissions and electric hybrid propulsion systems. Citi analysts have noted that the company has been a leader in the electric hybrid propulusion system space and they anticipate the company to benefit from growing global demand for electrification solutions in the coming years. They expect the stock to outperform peers as investors look to capitalize on their development of new technologies and their increasing presence in the global market.

They also believe that their cost-efficient solutions will help them gain a competitive edge in the industry. Citi’s Positive Catalyst watch on Allison Transmission is a sign of their potential for growth and increased stock performance.