Back to top

Image: Bigstock

Why Is Allison Transmission (ALSN) Down 3.3% Since Last Earnings Report?

Read MoreHide Full Article

It has been about a month since the last earnings report for Allison Transmission (ALSN - Free Report) . Shares have lost about 3.3% in that time frame, outperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is Allison Transmission due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.

How Have Estimates Been Moving Since Then?

It turns out, estimates review have trended downward during the past month.

The consensus estimate has shifted -5.83% due to these changes.

VGM Scores

At this time, Allison Transmission has an average Growth Score of C, though it is lagging a bit on the Momentum Score front with a D. However, the stock was allocated a grade of B on the value side, putting it in the second quintile for this investment strategy.

Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Allison Transmission has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry Player

Allison Transmission is part of the Zacks Automotive - Original Equipment industry. Over the past month, Gentex (GNTX - Free Report) , a stock from the same industry, has gained 0.1%. The company reported its results for the quarter ended December 2024 more than a month ago.

Gentex reported revenues of $541.64 million in the last reported quarter, representing a year-over-year change of -8.1%. EPS of $0.39 for the same period compares with $0.50 a year ago.

Gentex is expected to post earnings of $0.43 per share for the current quarter, representing a year-over-year change of -8.5%. Over the last 30 days, the Zacks Consensus Estimate has changed -5.7%.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #4 (Sell) for Gentex. Also, the stock has a VGM Score of C.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Allison Transmission Holdings, Inc. (ALSN) - free report >>

Gentex Corporation (GNTX) - free report >>

Published in