Investors and analysts will be closely watching when the company next reports earnings numbers. Earnings results can offer insight into the overall profitability of a specific company. Sell-side equity analysts are looking for Allison Transmission Holdings, Inc. (NYSE:ALSN) to report quarterly EPS of $0.26. The company is slated to next report earnings on or around 2017-02-13 for the period ending on 2016-12-31.
The earnings report has the ability to trigger near-term movements of the stock whether results hit or miss expectations. Before the earnings report, investors might be watching directional trends of estimates. The company posted actual EPS for the last quarter of $0.27. The Zacks Research consensus estimate prior to earnings was $0.24. The difference between the two numbers was $0.03 which resulted in a surprise factor of 12.5%.
12 analysts polled by Zacks Research currently have a mean target price of $31.666 on Allison Transmission Holdings, Inc. (NYSE:ALSN). The top target is presently $37 and the lowest target has the stock reaching $28 within the year. In looking at the standard deviation of all estimates, we arrive at 3.113. Zacks Research also uses an analyst ratings scale that spans from 1 to 5. Using this scale, a 1 would indicate a Strong Buy, and a 5 rating would represent a Strong Sell rating. Using all the ratings on Allison Transmission Holdings, Inc. (NYSE:ALSN), the mean rests at 2.17. Breaking those down we see that the ratings are as follows: 4 Strong Buy, 2 Rated Buy, 6 Rated Hold and 0 Rated Sell.
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