Assa Abloy (ASAZY) Projected to Post Quarterly Earnings on Wednesday

Key Points

• Assa Abloy is set to report quarterly results on April 22, with analysts forecasting $0.19 EPS and $3.97 billion in revenue; the prior quarter slightly missed estimates (reported $0.21 vs. $0.22 expected, revenue $4.25B vs. $4.36B expected).
• The stock trades around $20.03 with a market cap of $44.57 billion, a P/E of 27.07, and a 1‑year range of $14.05–$21.98, with 50- and 200-day moving averages near $19.65 and $19.20 respectively.
• Analyst sentiment is mixed but favorable overall — the consensus rating is Moderate Buy (2 Strong Buy, 2 Buy, 3 Hold), including recent upgrades from Barclays and DNB Carnegie.

Assa Abloy (OTCMKTS:ASAZY - Get Free Report) is expected to announce its resultson Wednesday, April 22nd. Analysts expect the company to announce earnings of $0.19 per share and revenue of $3.9699 billion for the quarter.

Assa Abloy (OTCMKTS:ASAZY - Get Free Report) last announced its quarterly earnings data on Thursday, February 5th. The industrial products company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.01). The firm had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $4.36 billion. Assa Abloy had a return on equity of 14.78% and a net margin of 9.74%. On average, analysts expect Assa Abloy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Assa Abloy Stock Performance

Shares of OTCMKTS:ASAZY opened at $20.03 on Wednesday. The stock has a market capitalization of $44.57 billion, a P/E ratio of 27.07, a P/E/G ratio of 2.25 and a beta of 1.22. Assa Abloy has a 1-year low of $14.05 and a 1-year high of $21.98. The company has a current ratio of 1.03, a quick ratio of 0.63 and a debt-to-equity ratio of 0.46. The business has a 50-day moving average price of $19.65 and a two-hundred day moving average price of $19.20.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Barclays raised Assa Abloy from a "hold" rating to a "strong-buy" rating in a report on Tuesday, March 3rd. Zacks Research lowered shares of Assa Abloy from a "strong-buy" rating to a "hold" rating in a report on Monday, February 9th. Evercore raised shares of Assa Abloy to a "hold" rating in a report on Monday. Dnb Carnegie raised shares of Assa Abloy from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 2nd. Finally, Citigroup reaffirmed a "buy" rating on shares of Assa Abloy in a report on Friday, February 6th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy".

Assa Abloy Company Profile

Assa Abloy is a global provider of door opening solutions, formed in 1994 through the merger of Swedish lock manufacturer ASSA and Finnish lock specialist Abloy. Building on a legacy that dates back to 1907, the company has grown into a diversified security technology group offering a broad portfolio of mechanical and electromechanical locks, access control systems, identification technology and entrance automation. Assa Abloy serves a wide range of end markets, including commercial buildings, residential dwellings, institutions, transportation hubs and hospitality venues.

The company's product offerings encompass traditional mechanical locks and keys as well as advanced digital solutions such as mobile access credentials, smart door locks and cloud-based access management platforms.

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