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. Shareholders 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 annualized dividend and a yield of 0.92%. 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 EPS for the quarter, topping the Zacks' consensus estimate of $1.33 by $0.14. The scientific and technical instruments company had revenue of $748.30 million for the quarter, compared to analyst estimates of $737.64 million. Allegion had a net margin of 16.00% and a return on equity of 69.28%. Allegion's revenue was up 5.2% on a year-over-year basis. During the same quarter last year, the business 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 guidance of $4.85-4.90 for the period, compared to the Thomson Reuters consensus earnings per share 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 brokers have issued 12-month price objectives for Allegion's shares. Their forecasts range from $92.00 to $125.00. On average, they anticipate Allegion's stock price to reach $113.86 in the next year. This suggests that the stock has a possible downside of 3.1%. 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.

News stories about ALLE stock have trended positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media 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 five, with scores nearest to five being the most favorable. Allegion earned a news impact score of 3.0 on InfoTrie's scale. They also gave media coverage about the scientific and technical instruments company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Allegion.

Allegion saw a decline in short interest during the month of October. As of October 31st, there was short interest totalling 4,460,000 shares, a decline of 14.2% from the September 30th total of 5,200,000 shares. Based on an average daily trading volume, of 693,200 shares, the short-interest ratio is currently 6.4 days. Approximately 4.8% of the shares of the company are sold short. View Allegion's Current Options Chain.

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

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

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 bought 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 $117.50.

Allegion has a market capitalization of $10.92 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]