NYSE:ALLE

Allegion (ALLE) Stock Price, News & Analysis

$126.33
+0.91 (+0.73%)
(As of 09:45 AM ET)
Today's Range
$125.70
$126.33
50-Day Range
$124.84
$135.29
52-Week Range
$95.94
$136.91
Volume
8,309 shs
Average Volume
703,259 shs
Market Capitalization
$11.06 billion
P/E Ratio
20.64
Dividend Yield
1.52%
Price Target
$127.83

Allegion MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
1.2% Upside
$127.83 Price Target
Short Interest
Healthy
1.85% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.76
Upright™ Environmental Score
News Sentiment
0.56mentions of Allegion in the last 14 days
Based on 15 Articles This Week
Insider Trading
Balanced
Insiders Both Buying and Selling
Proj. Earnings Growth
2.71%
From $7.01 to $7.20 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.29 out of 5 stars

Industrial Products Sector

32nd out of 166 stocks

Detective & Armored Car Services Industry

2nd out of 2 stocks

ALLE stock logo

About Allegion Stock (NYSE:ALLE)

Allegion plc manufactures and sells mechanical and electronic security products and solutions worldwide. The company offers door controls and systems and exit devices; locks, locksets, portable locks, and key systems and services; electronic security products and access control systems; time, attendance, and workforce productivity systems; doors, accessories, and other. It also provides services and software, which includes inspection, maintenance, and repair services for its automatic entrance solutions; and software as a service, including access control, IoT integration, and workforce management solutions, as well as aftermarket services, design and installation offerings, and locksmith services. The company sells its products and solutions to end-users in commercial, institutional, and residential facilities, including education, healthcare, government, hospitality, retail, commercial office, and single and multi-family residential markets under the CISA, Interflex, LCN, Schlage, SimonsVoss, and Von Duprin brands. It sells its products and solutions through distribution and retail channels, such as specialty distribution, e-commerce, and wholesalers, as well as through various retail channels comprising do-it-yourself home improvement centers, online and e-commerce platforms, and small specialty showroom outlets. Allegion plc was incorporated in 2013 and is headquartered in Dublin, Ireland.

ALLE Stock Price History

ALLE Stock News Headlines

The 5 Hottest CEO Stock Purchases So Far This Year
Insider buying is good. It shows management's confidence in a business, helping to support investor sentiment, and no insider is more significant than the CEO.
The 5 Hottest CEO Stock Purchases So Far This Year (ALLE)
Insider buying is a telling indicator for investors, and no insider is as significant as the CEO. This is a look at the five hottest CEO buys this year.
Healthcare Takes A Big Step Forward With The Help Of AI
The average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.
SU Group (NASDAQ:SUGP) & Allegion (NYSE:ALLE) Financial Review
Allegion (ALLE) Scheduled to Post Earnings on Thursday
Healthcare Takes A Big Step Forward With The Help Of AI
The average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.
Allegion declares $0.48 dividend
Allegion Declares Quarterly Dividend
Expert Outlook: Allegion Through The Eyes Of 4 Analysts
ALLE Apr 2024 80.000 put
ALLE Apr 2024 110.000 call
See More Headlines
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Company Calendar

Last Earnings
2/20/2024
Ex-Dividend for 3/29 Dividend
3/14/2024
Dividend Payable
3/29/2024
Today
4/23/2024
Next Earnings (Confirmed)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Detective & armored car services
Sub-Industry
N/A
Fax
N/A
Employees
12,400
Year Founded
2013

Price Target and Rating

Average Stock Price Target
$127.83
High Stock Price Target
$141.00
Low Stock Price Target
$100.00
Potential Upside/Downside
+1.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

Net Income
$540.40 million
Pretax Margin
16.91%

Debt

Sales & Book Value

Annual Sales
$3.65 billion
Cash Flow
$8.37 per share
Book Value
$15.02 per share

Miscellaneous

Free Float
86,766,000
Market Cap
$10.98 billion
Optionable
Optionable
Beta
1.14

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ALLE Stock Analysis - Frequently Asked Questions

Should I buy or sell Allegion stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Allegion in the last year. There are currently 6 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ALLE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ALLE, but not buy additional shares or sell existing shares.
View ALLE analyst ratings
or view top-rated stocks.

What is Allegion's stock price target for 2024?

6 brokers have issued 12 month price objectives for Allegion's stock. Their ALLE share price targets range from $100.00 to $141.00. On average, they anticipate the company's share price to reach $127.83 in the next twelve months. This suggests a possible upside of 1.2% from the stock's current price.
View analysts price targets for ALLE
or view top-rated stocks among Wall Street analysts.

How have ALLE shares performed in 2024?

Allegion's stock was trading at $126.69 at the beginning of the year. Since then, ALLE stock has decreased by 0.3% and is now trading at $126.33.
View the best growth stocks for 2024 here
.

Are investors shorting Allegion?

Allegion saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 1,610,000 shares, a drop of 28.1% from the March 15th total of 2,240,000 shares. Based on an average daily trading volume, of 732,800 shares, the days-to-cover ratio is presently 2.2 days. Currently, 1.9% of the shares of the stock are short sold.
View Allegion's Short Interest
.

When is Allegion's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our ALLE earnings forecast
.

How can I listen to Allegion's earnings call?

Allegion will be holding an earnings conference call on Thursday, April 25th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Allegion's earnings last quarter?

Allegion plc (NYSE:ALLE) issued its earnings results on Tuesday, February, 20th. The scientific and technical instruments company reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.09. The scientific and technical instruments company earned $897.40 million during the quarter, compared to the consensus estimate of $904.17 million. Allegion had a trailing twelve-month return on equity of 51.95% and a net margin of 14.80%. The firm's revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.60 earnings per share.
Read the conference call transcript
.

How often does Allegion pay dividends? What is the dividend yield for Allegion?

Allegion declared a quarterly dividend on Thursday, April 11th. Shareholders of record on Friday, June 14th will be given a dividend of $0.48 per share on Friday, June 28th. This represents a $1.92 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date is Thursday, June 13th.
Read our dividend analysis for ALLE
.

Is Allegion a good dividend stock?

Allegion (NYSE:ALLE) pays an annual dividend of $1.92 per share and currently has a dividend yield of 1.53%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 31.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ALLE will have a dividend payout ratio of 26.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ALLE.

What guidance has Allegion issued on next quarter's earnings?

Allegion issued an update on its FY24 earnings guidance on Tuesday, February, 20th. The company provided earnings per share (EPS) guidance of $7.00-7.15 for the period, compared to the consensus estimate of $7.02. The company issued revenue guidance of +1.5-3.5% yr/yr to $3.704-3.778 billion, compared to the consensus revenue estimate of $3.75 billion.

What is David (Dave) D. Petratis' approval rating as Allegion's CEO?

141 employees have rated Allegion Chief Executive Officer David (Dave) D. Petratis on Glassdoor.com. David (Dave) D. Petratis has an approval rating of 90% among the company's employees.

What other stocks do shareholders of Allegion own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Allegion investors own include Pfizer (PFE), AbbVie (ABBV), General Electric (GE), Johnson & Johnson (JNJ), Walmart (WMT), Citigroup (C), AT&T (T), UnitedHealth Group (UNH), Cisco Systems (CSCO) and Nucor (NUE).

Who are Allegion's major shareholders?

Allegion's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Raymond James & Associates (0.50%), Vaughan Nelson Investment Management L.P. (0.27%), Sumitomo Mitsui Trust Holdings Inc. (0.25%), Los Angeles Capital Management LLC (0.15%), Meyer Handelman Co. (0.08%) and Azzad Asset Management Inc. ADV (0.03%). Insiders that own company stock include David D Petratis, David D Petratis, Douglas P Ranck, Jeffrey N Braun, Jennifer L Hawes, John H Stone, Patrick S Shannon, Robert C Martens, Shelley A Meador, Timothy P Eckersley, Timothy P Eckersley and Tracy L Kemp.
View institutional ownership trends
.

How do I buy shares of Allegion?

Shares of ALLE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Allegion have any subsidiaries?
The following companies are subsidiares of Allegion: AD Solutions Inc., ALLGain Pty Ltd, API Services and Solutions Pty Limited, AXA Stenman Deutschland GmbH, AXA Stenman France S.A.S., AXA Stenman Holding B.V., AXA Stenman Industries B.V., AXA Stenman Nederland B.V, AXA Stenman Poland Sp Z.O.O, Ad Systems Inc, Allegion (Australia) Pty Ltd., Allegion (Gibraltar) Holding Limited, Allegion (Hong Kong) Limited, Allegion (Ireland) Finance Designated Activity Company, Allegion (Malaysia) SDN. BHD., Allegion (New Zealand) Limited, Allegion (Southeast Asia) Pte. Ltd., Allegion (Thailand) Limited, Allegion (UK) Limited, Allegion B.V., Allegion Canada Inc., Allegion Deutsche Holding GmbH, Allegion EMEA BVBA, Allegion Emniyet Ve Güvenlik Sistemleri Sanayi Anonim ªirketi, Allegion Fu Hsing Limited, Allegion German Financing GmbH & Co. KG, Allegion German Holding I GmbH, Allegion German Holding II GmbH, Allegion Gulf Trading LLC, Allegion Immobilien GmbH, Allegion India Private Limited, Allegion International AG, Allegion Investments (Switzerland) AG, Allegion Investments (UK) Limited, Allegion Investments Holding LLC, Allegion Irish Holding Company II Ltd, Allegion Irish Holding Company Limited, Allegion Korea Ltd., Allegion LLC, Allegion Lux Financing III S.á.r.l, Allegion Luxembourg Holding II SCS, Allegion Luxembourg Holding III S.á.r.l, Allegion Luxembourg Holding and Financing S.à r.l., Allegion Management (DIFC) Limited, Allegion NV, Allegion Panama S. de R.L., Allegion S&S Lock Holding Company Inc., Allegion S.A., Allegion Security Technologies (CHINA) Co. LTD., Allegion US Holding Company Inc., Allegion Ventures LLC, Allegion de Mexico S. de R.L. de C.V., Aurora Systems Inc., BASTA Group A/S Denmark, Bricard S.A.S, Brio Industries, Cisa Cerraduras S.A., Cisa S.p.A., Dor-O-Matic (Illinois) LLC, Dor-O-Matic of Mid Atlantic States Inc., Electronic Technologies Corporation USA, Fire and Security Hardware Pty Limited, Gainsborough Hardware Industries Limited, Gainsborough Hardware and API Locksmiths, Hammond Enterprises Inc, Harrow Industries LLC, Harrow Products (Delaware) LLC, Harrow Products LLC, Interflex Datensysteme GesmbH, Interflex Datensysteme GmbH, Isonas, Isonas Inc., Milre Systek Co. Ltd, NT Group Properties Limited, NT Leamington Limited, Newman Tonks (Overseas Holdings) Limited, Normbau France S.A.S., Normbau GmbH, Overtur Architectural Services LLC, Pin & Tumbler Studio LLC, QMI Building Metal Products Manufacturing LLC, Qatar Metal Const. Ind. LLC, Qatar Metal Industries, Recognition Systems LLC, Republic Doors & Frames, Republic Doors and Frames LLC, S&S Lock Indemnity (Barbados) Limited, S&S Lock Insurance (Arizona) Company, Schlage De Mexico S.A. DE C.V., Schlage Lock Company LLC, SimonsVoss Technologies, SimonsVoss Technologies AB, SimonsVoss Technologies BV, SimonsVoss Technologies FZE, SimonsVoss Technologies GmbH, SimonsVoss Technologies Limited, SimonsVoss Technologies SAS, TGP Canada Enterprises ULC, TGP International Inc., Technical Glass Products, Technical Glass Products DMCC, Technical Glass Products Inc., Trelock, Trelock Asia Pacific Limited, Trelock GmbH, Trelock Production GmbH, Yonomi, and Zero Seal Systems Limited.
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This page (NYSE:ALLE) was last updated on 4/23/2024 by MarketBeat.com Staff

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