Goldman Sachs analyst Jerry Revich maintains $Allison Transmission (ALSN.US)$ with a sell rating, and adjusts the target price from $72 to $82.
According to TipRanks data, the analyst has a success rate of 63.3% and a total average return of 10.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Allison Transmission (ALSN.US)$'s main analysts recently are as follows:
The firm's expectations for Allison Transmission's profitability have been adjusted upward, with an increase in EBITDA estimates for 2024-2026 by approximately 2% on average. This revision is due to higher production rates of class 8 straight trucks, currently at 10,000 units per month, compared to a historical range of 2,000 to 12,000. Additionally, the slowing demand for electric vehicles is also taken into consideration.
Allison Transmission's third quarter results surpassed expectations, prompting a revision of the 2024 revenue estimate upwards by 1% and the 2024 adjusted EBITDA estimate by 3%. The company is gaining from a sustained demand in vocational trucks, which has shown resilience and warrants a more generous valuation. However, there are still apprehensions regarding the consistency of margin improvement from one business cycle to the next.
Optimism for Allison Transmission arises from the bullish outlook and favorable conditions within the company's primary North American On-Highway market. The company has reported a robust third-quarter performance, propelled by strong demand across both North American and International On-Highway markets as well as the Defense sector. Following these results, the company has increased its full-year guidance for 2024.
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高盛集團分析師Jerry Revich維持$艾里遜變速箱 (ALSN.US)$賣出評級,並將目標價從72美元上調至82美元。
根據TipRanks數據顯示,該分析師近一年總勝率為63.3%,總平均回報率為10.9%。
此外,綜合報道,$艾里遜變速箱 (ALSN.US)$近期主要分析師觀點如下:
該公司對艾裏遜變速箱盈利能力的預期已上調,2024-2026年的息稅折舊攤銷前利潤估計平均增長了約2%。此次修訂是由於8級直列卡車的產量有所提高,目前爲每月1萬輛,而歷史上的產量範圍爲2,000至12,000輛。此外,還考慮到了對電動汽車的需求放緩。
艾裏遜變速箱第三季度業績超出預期,促使將2024年的收入預期上調了1%,將2024年調整後的息稅折舊攤銷前利潤估計值上調了3%。該公司從對職業卡車的持續需求中獲益,這表現出了韌性,並有望獲得更慷慨的估值。但是,人們仍然擔心從一個商業週期到下一個商業週期的利潤率提高是否一致。
對艾裏遜變速箱的樂觀情緒源於該公司主要北美公路市場的看漲前景和有利條件。該公司報告了強勁的第三季度業績,這得益於北美和國際公路市場以及國防部門的強勁需求。繼這些業績之後,該公司提高了2024年的全年預期。
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