NEW YORK, February 1, 2017 /PRNewswire/ --
Today's research highlights the US Auto Parts industry, which consists of about 4,300 companies with combined annual revenue of about $250 billion. As per a report by First Research, economic expansion in emerging markets worldwide is expected to drive healthy growth in the Auto Manufacturing sector over the next several years, which should bolster the demand for auto parts. Pre-market, Stock-Callers.com has initiated coverage on Dana Inc. (NYSE: DAN), Allison Transmission Holdings Inc. (NYSE: ALSN), Tenneco Inc. (NYSE: TEN), and WABCO Holdings Inc. (NYSE: WBC). Today's research reports on the aforementioned stocks are downloadable for free upon registration at: http://stock-callers.com/registration
Dana
On Tuesday, shares in Maumee, Ohio headquartered Dana Inc. recorded a trading volume of 1.36 million shares. The stock ended at $20.14, climbing 1.92% from the last trading session. The Company's shares have gained 6.17% in the last one month, 31.38% over the previous three months, and 6.11% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 7.24% and 36.20%, respectively. Furthermore, shares of Dana, which manufactures and sells driveline, sealing, and thermal-management products for vehicle manufacturers in North America, Europe, South America, and Asia/Pacific, have a Relative Strength Index (RSI) of 62.16.
On January 24th, 2017, Dana introduced a new, comprehensive e-commerce platform that streamlines the identification process of the Company's automotive and commercial-vehicle replacement parts portfolio and connects service technicians around the world with its aftermarket parts distributors. Visit us today and access our complete research report on DAN at:
http://stock-callers.com/registration/?symbol=DAN
Allison Transmission
Indianapolis, Indiana headquartered Allison Transmission Holdings Inc.'s stock finished yesterday's session 0.34% higher at $34.98, with a total trading volume of 870,106 shares. The Company's shares have gained 3.19% in the last one month, 19.92% over the previous three months, and 3.83% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.55% and 18.84%, respectively. Furthermore, shares of Allison Transmission Holdings, which together with its subsidiaries, designs, manufactures, and sells commercial and defense fully-automatic transmissions for medium and heavy-duty commercial vehicles, and medium and heavy-tactical US defense vehicles, have an RSI of 59.45.
On January 18th, 2017, Allison Transmission Holdings announced that it will hold its Q4 2016 and full year 2016 financial results conference call at 8:00 a.m. ET on February 07th, 2017. The news release announcing the financial results will be issued post market on February 06th, 2017.
On January 24th, 2017, research firm Citigroup upgraded the Company's stock rating from 'Neutral' to 'Buy'. The complimentary report on ALSN can be downloaded at:
http://stock-callers.com/registration/?symbol=ALSN
Tenneco
At the closing bell on Tuesday, shares in Lake Forest, Illinois headquartered Tenneco Inc. climbed 1.97%, ending the day at $67.45. The stock recorded a trading volume of 705,848 shares, which was above its three months average volume of 484,670 shares. The Company's shares have advanced 7.20% in the last one month, 23.40% in the previous three months, and 7.97% on an YTD basis. The stock is trading 6.05% above its 50-day moving average and 19.94% above its 200-day moving average. Moreover, shares of Tenneco, which designs, manufactures, and sells clean air and ride performance products and systems for light vehicle, commercial truck, off-highway, and other vehicle applications worldwide, have an RSI of 59.99.
On January 25th, 2017, research firm Susquehanna downgraded the Company's stock rating from 'Positive' to 'Neutral'.
On January 30th, 2017, Tenneco announced that Martin Hendricks is joining the Company as Executive Vice President of Ride Performance, effective February 01st, 2017. Hendricks will lead the Company's global original equipment Ride Control, Elastomers, and Aftermarket businesses. Hendricks joins Tenneco from Federal Mogul Corp. where he served most recently as president, global braking and regional president, Europe, Middle East and Africa, based in Glinde, Germany. Register for free on Stock-Callers.com and access the latest research report on TEN at:
http://stock-callers.com/registration/?symbol=TEN
WABCO
Brussels, Belgium headquartered WABCO Holdings Inc.'s stock ended the day 0.99% higher at $109.03. A total volume of 464,355 shares was traded, which was above their three months average volume of 449,640 shares. The Company's shares have gained 2.73% in the last month, 11.84% over the previous three months, and 2.71% on an YTD basis. The stock is trading 2.83% above its 50-day moving average and 4.58% above its 200-day moving average. Additionally, shares of WABCO Holdings, which together with its subsidiaries, provides electronic, mechanical, electro-mechanical, and aerodynamic products for commercial truck, bus, trailer, and passenger car manufacturers worldwide, have an RSI of 60.86.
On January 13th, 2017, research firm BMO Capital Markets downgraded the Company's stock rating from 'Outperform' to 'Market Perform' while revising its previous target price from $120 a share to $115 a share. Get free access to your research report on WBC at:
http://stock-callers.com/registration/?symbol=WBC
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
