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

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

Allegion announced a quarterly dividend on Thursday, September 5th. Shareholders of record on Monday, September 16th will be paid 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 0.92%. The ex-dividend date of this dividend is Friday, September 13th. View Allegion's Dividend History.

Allegion PLC (NYSE:ALLE) released its quarterly earnings results on Thursday, October, 24th. The scientific and technical instruments company reported $1.47 EPS for the quarter, beating 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 analysts' expectations 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 in the prior 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 issued an update on 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 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 analysts have issued 1 year target prices for Allegion's shares. 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 2.8%. 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 headlines about ALLE stock have been trending somewhat negative on Friday, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Allegion earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned media coverage about the scientific and technical instruments company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Allegion.

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

Some companies that are related to Allegion include Eaton (ETN), FANUC LTD JAPAN/ADR (FANUY), 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), AbbVie (ABBV), Citigroup (C), Walmart (WMT), NVIDIA (NVDA), Abbott Laboratories (ABT), Nucor (NUE), Pfizer (PFE), UnitedHealth Group (UNH) and FLIR Systems (FLIR).

Allegion's stock is owned by a variety of of retail and institutional 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 $117.19.

Allegion has a market capitalization of $10.89 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]