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

It has been about a month since the last earnings report for Allison Transmission (ALSN). 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 ScoresAt 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.OutlookEstimates 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 PlayerAllison Transmission is part of the Zacks Automotive - Original Equipment industry. Over the past month, Gentex (GNTX), 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.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report Gentex Corporation (GNTX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks