Sei Investments Co. Shifts Stake in Allison Transmission Holdings, Inc
June 21, 2023
🌥️Trending News
Sei Investments Co. recently reduced its ownership in Allison Transmission ($NYSE:ALSN) Holdings, Inc., a leading global provider of commercial and military automatic transmissions. Allison Transmission has grown to become one of the world’s largest manufacturers of medium- and heavy-duty automatic transmissions. Their products are used in a wide variety of applications, ranging from industrial and construction vehicles to military applications. The company is also actively involved in the development of advanced technologies such as its Prognostic Health Management System, which helps monitor the performance of transmissions over time.
The company’s performance has been hurt by increased competition from other transmission manufacturers as well as an uncertain economic climate. Despite the recent stock fluctuations, Allison Transmission continues to be one of the leading providers of automatic transmissions with a strong presence in the global market.
Share Price
The stock opened at $52.8 and closed at $53.2, up by 1.3% from prior closing price of 52.6. This indicated that the company’s stock was on the rise and investors were responding positively to the news. The exact details of the stake movement are not yet known, but this is an indication of increasing confidence among investors in the future of Allison Transmission Holdings, Inc. 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
GoodWhale has conducted a detailed financial analysis of ALLISON TRANSMISSION. According to the Star Chart, ALLISON TRANSMISSION scored an impressive 8/10 in terms of its cash flows and debt, indicating that the company is in a strong financial position and is capable of both paying off debt and funding future operations. Furthermore, ALLISON TRANSMISSION fares well in dividend and profitability, and its growth score is rated as ‘medium’, however, its asset score is lower, being classified as ‘weak’. All in all, we’ve concluded that ALLISON TRANSMISSION falls into the ‘rhino’ category of companies – those that have achieved moderate revenue or earnings growth. Given ALLISON TRANSMISSION’s impressive financial health and moderate growth potential, we believe that it would appeal to a variety of investors, particularly those looking for a steady, reliable investment with potential for solid returns. 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
Allison Transmission Holdings, Inc. is a provider of commercial-duty automatic transmissions and hybrid propulsion systems. Recently, Sei Investments Co. reduced its stake in shares of Allison Transmission, indicating that the company may be bearish on the stock. An individual looking for investment advice should consider analyzing the company’s financials, competitive landscape, and other factors to determine if Allison Transmission is a viable investment option. Other considerations include evaluating market trends, management team, and industry outlook to access the risk/reward of investing in Allison Transmission.
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