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NYSE:ALLEAllegion Stock Price, Forecast & News

$115.35
+9.26 (+8.73 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$109.25
Now: $115.35
$117.49
50-Day Range
$90.76
MA: $97.29
$105.04
52-Week Range
$77.37
Now: $115.35
$139.24
Volume1.53 million shs
Average Volume831,057 shs
Market Capitalization$10.64 billion
P/E Ratio33.73
Dividend Yield1.21%
Beta1.19
Allegion plc manufactures and sells mechanical and electronic security products and solutions worldwide. The company offers door closers and controls; doors and door systems; electronic security products; electronic, biometric and mobile access control systems; exit devices; locks, locksets, portable locks, and key systems; time, attendance, and workforce productivity systems; and other accessories. The company sells its products and solutions to end-users in commercial, institutional, and residential facilities, including education, healthcare, government, hospitality, 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 platforms, and small specialty showroom outlets. Allegion plc was incorporated in 2013 and is headquartered in Dublin, Ireland.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.9Community Rank: 2.3Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.84 out of 5 stars


Industry, Sector and Symbol

Industry Detective & armored car services
Sub-IndustryN/A
CUSIPN/A
Phone353-1254-6200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.85 billion
Cash Flow$6.43 per share
Book Value$8.18 per share

Profitability

Net Income$401.80 million

Miscellaneous

Employees11,000
Market Cap$10.64 billion
Next Earnings Date7/23/2020 (Estimated)
OptionableOptionable

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Allegion (NYSE:ALLE) Frequently Asked Questions

How has Allegion's stock been impacted by COVID-19 (Coronavirus)?

Allegion's stock was trading at $114.78 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ALLE shares have increased by 0.5% and is now trading at $115.35. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Allegion?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegion in the last year. There are currently 1 sell rating and 7 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Allegion.

When is Allegion's next earnings date?

Allegion is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Allegion.

How were Allegion's earnings last quarter?

Allegion PLC (NYSE:ALLE) released its earnings results on Thursday, April, 23rd. The scientific and technical instruments company reported $1.04 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.89 by $0.15. The scientific and technical instruments company earned $674.70 million during the quarter, compared to analyst estimates of $653.92 million. Allegion had a return on equity of 69.68% and a net margin of 11.20%. The business's quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.88 earnings per share. View Allegion's earnings history.

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

Allegion declared a quarterly dividend on Wednesday, April 8th. Stockholders of record on Tuesday, June 16th will be paid a dividend of $0.32 per share on Tuesday, June 30th. This represents a $1.28 annualized dividend and a dividend yield of 1.11%. The ex-dividend date of this dividend is Monday, June 15th. View Allegion's dividend history.

How will Allegion's stock buyback program work?

Allegion announced that its Board of Directors has initiated a stock repurchase program on Thursday, February 6th 2020, which permits the company to repurchase $800,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 6.5% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its stock is undervalued.

What price target have analysts set for ALLE?

8 brokerages have issued 1 year price objectives for Allegion's shares. Their forecasts range from $85.00 to $140.00. On average, they expect Allegion's share price to reach $105.86 in the next year. This suggests that the stock has a possible downside of 8.2%. View analysts' price targets for Allegion.

Has Allegion been receiving favorable news coverage?

Media stories about ALLE stock have been trending negative recently, InfoTrie reports. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Allegion earned a news sentiment score of -2.8 on InfoTrie's scale. They also gave news headlines about the scientific and technical instruments company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the company's share price in the near term. View the latest news aboutAllegion.

Are investors shorting Allegion?

Allegion saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 4,210,000 shares, a decrease of 9.7% from the April 30th total of 4,660,000 shares. Based on an average daily trading volume, of 896,100 shares, the days-to-cover ratio is presently 4.7 days. Approximately 4.6% of the shares of the company are sold short. View Allegion's Current Options Chain.

Who are some of Allegion's key competitors?

What other stocks do shareholders of Allegion own?

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

Who are Allegion's key executives?

Allegion's management team includes the following people:
  • Mr. David D. Petratis, Chairman, CEO & Pres (Age 61)
  • Mr. Patrick S. Shannon, CFO & Sr. VP (Age 56)
  • Mr. Jeffrey N. Braun, Chief Compliance Officer, Sr. VP, Sec. & Gen. Counsel (Age 59)
  • Mr. Timothy P. Eckersley, Sr. VP & Pres of the Americas Region (Age 57)
  • Ms. Lucia Veiga Moretti, Sr. VP and Pres of the Europe, Middle East, India & Africa Region (Age 54)

What is Allegion's stock symbol?

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

Who are Allegion's major shareholders?

Allegion's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.70%), Alliancebernstein L.P. (7.85%), Aristotle Capital Management LLC (6.93%), State Street Corp (4.55%), APG Asset Management N.V. (2.61%) and Pictet Asset Management Ltd. (2.17%). Company insiders that own Allegion stock include Chris E Muhlenkamp, David D Petratis, 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.

Which major investors are selling Allegion stock?

ALLE stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Deutsche Bank AG, Silvercrest Asset Management Group LLC, Bessemer Group Inc., UBS Group AG, Handelsbanken Fonder AB, AKO Capital LLP, and Federated Hermes Inc.. Company insiders that have sold Allegion company stock in the last year include David D Petratis, Douglas P Ranck, Jeffrey N Braun, Patrick S Shannon, Timothy P Eckersley, and Tracy L Kemp. View insider buying and selling activity for Allegion.

Which major investors are buying Allegion stock?

ALLE stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., BlackRock Inc., 1832 Asset Management L.P., Teacher Retirement System of Texas, Zurich Insurance Group Ltd FI, Korea Investment CORP, Aristotle Capital Management LLC, and Aviva PLC. View insider buying and selling activity for Allegion.

How do I buy shares of 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.

What is Allegion's stock price today?

One share of ALLE stock can currently be purchased for approximately $115.35.

How big of a company is Allegion?

Allegion has a market capitalization of $10.64 billion and generates $2.85 billion in revenue each year. The scientific and technical instruments company earns $401.80 million in net income (profit) each year or $4.89 on an earnings per share basis. Allegion employs 11,000 workers across the globe.

What is Allegion's official website?

The official website for Allegion is www.allegion.com.

How can I contact Allegion?

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]

This page was last updated on 6/6/2020 by MarketBeat.com Staff

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