Allegion Stock Price, Forecast & Analysis (NYSE:ALLE)

Allegion trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALLE."

Allegion declared a quarterly dividend on Thursday, September 5th. Investors of record on Monday, September 16th will be given a dividend of $0.27 per share on Monday, September 30th. This represents a $1.08 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date is Friday, September 13th. View Allegion's Dividend History.

Allegion PLC (NYSE:ALLE) announced its quarterly earnings data on Thursday, October, 24th. The scientific and technical instruments company reported $1.47 earnings per share for the quarter, beating analysts' consensus estimates of $1.33 by $0.14. The scientific and technical instruments company had revenue of $748.30 million for the quarter, compared to the consensus estimate of $737.64 million. Allegion had a return on equity of 69.28% and a net margin of 16.00%. Allegion's revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.23 earnings per share. View Allegion's Earnings History.

Allegion is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for Allegion.

Allegion updated its FY19 earnings guidance on Thursday, October, 24th. The company provided earnings per share (EPS) guidance of $4.85-4.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.83. The company issued revenue guidance of +4.5-5.5% yr/yr to ~$2.85-2.89 billion, compared to the consensus revenue estimate of $2.86 billion.

7 brokerages have issued 1-year target prices for Allegion's stock. Their forecasts range from $92.00 to $125.00. On average, they expect Allegion's stock price to reach $113.86 in the next twelve months. This suggests that the stock has a possible downside of 1.6%. View Analyst Price Targets for Allegion.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegion in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Allegion.

Headlines about ALLE stock have trended very negative on Monday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Allegion earned a daily sentiment score of -3.2 on InfoTrie's scale. They also assigned news articles about the scientific and technical instruments company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Allegion.

Allegion saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 5,200,000 shares, an increase of 15.6% from the September 30th total of 4,500,000 shares. Based on an average trading volume of 727,400 shares, the short-interest ratio is presently 7.1 days. Currently, 5.6% of the company's shares are sold short. View Allegion's Current Options Chain.

Some companies that are related to Allegion include FANUC LTD JAPAN/ADR (FANUY), Eaton (ETN), MURATA MFG CO L/ADR (MRAAY), Roper Technologies (ROP), Johnson Controls International (JCI), Ingersoll-Rand (IR), Mitsui & Co Ltd (MITSY), Cintas (CTAS), ASSA ABLOY AB/S (ASAZY), Parker-Hannifin (PH), Stanley Black & Decker (SWK), SANDVIK AB/ADR (SDVKY), Komatsu (KMTUY), Ball (BLL) and Rockwell Automation (ROK).

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

Allegion's stock is owned by a number of of institutional and retail investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.83%), Intermede Investment Partners Ltd (0.75%), Teacher Retirement System of Texas (0.68%), Handelsbanken Fonder AB (0.61%), Ardevora Asset Management LLP (0.47%) and California Public Employees Retirement System (0.25%). Company insiders that own Allegion stock include Chris E Muhlenkamp, Douglas P Ranck, Jeffrey M Wood, Jeffrey N Braun, Patrick S Shannon, Timothy P Eckersley and Tracy L Kemp. View Institutional Ownership Trends for Allegion.

ALLE stock was sold by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Envestnet Asset Management Inc., Vaughan Nelson Investment Management L.P., Dupont Capital Management Corp, Handelsinvest Investeringsforvaltning, SG Americas Securities LLC, Comerica Bank and Great Lakes Advisors LLC. Company insiders that have sold Allegion company stock in the last year include Chris E Muhlenkamp, Douglas P Ranck, Jeffrey M Wood, Jeffrey N Braun, Patrick S Shannon, Timothy P Eckersley and Tracy L Kemp. View Insider Buying and Selling for Allegion.

ALLE stock was acquired by a variety of institutional investors in the last quarter, including Teacher Retirement System of Texas, First Trust Advisors LP, State of New Jersey Common Pension Fund D, Tibra Equities Europe Ltd, Ardevora Asset Management LLP, California Public Employees Retirement System, Beacon Investment Advisory Services Inc. and BB&T Corp. View Insider Buying and Selling for Allegion.

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

One share of ALLE stock can currently be purchased for approximately $115.66.

Allegion has a market capitalization of $10.75 billion and generates $2.73 billion in revenue each year. The scientific and technical instruments company earns $434.90 million in net income (profit) each year or $4.50 on an earnings per share basis. Allegion employs 11,000 workers across the globe.View Additional Information About Allegion.

The official website for Allegion is http://www.allegion.com/.

Allegion's mailing address is BLOCK D IVEAGH COURT HARCOURT ROAD, DUBLIN L2, 46032. The scientific and technical instruments company can be reached via phone at 353-1254-6200 or via email at [email protected]