NYSE:ALLEAllegion Stock Price, Forecast & News

$99.70

-0.21 (-0.21 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$97.85

Now: $99.70▼

$100.18

50-Day Range

$90.76

MA: $96.59▼

$102.36

52-Week Range

$77.37

Now: $99.70▼

$139.24

Volume896,231 shs

Average Volume830,918 shs

Market Capitalization$9.19 billion

P/E Ratio29.15

Dividend Yield1.28%

Beta1.21

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.

Beat the Market (BTM) Rank^™

1.9 Analyst's Opinion

Consensus Rating
Allegion has received a consensus rating of Hold. The company's average rating score is 1.86, and is based on no buy ratings, 6 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $105.86, Allegion has a potential upside of 6.2% from its current price of $99.70.
Amount of Analyst Coverage
Allegion has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.3 Community Rank

Outperform Votes
Allegion has received 401 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Allegion has received 459 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Allegion has received 53.37% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Allegion and other stocks. Vote “Outperform” if you believe ALLE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ALLE will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Allegion is a leading dividend payer. It pays a dividend yield of 1.28%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Allegion has only been increasing its dividend for 4 years.
Dividend Coverage
The dividend payout ratio of Allegion is 26.18 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Allegion will have a dividend payout ratio of 29.02 % next year. This indicates that Allegion will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Allegion insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.67% of the stock of Allegion is held by insiders.
Percentage Held by Institutions
92.75% of the stock of Allegion is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Allegion are expected to grow by 10.53% in the coming year, from $3.99 to $4.41 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Allegion is 29.15, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.35.
Price to Earnings Ratio vs. Sector
The P/E ratio of Allegion is 29.15, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.70.
Price to Earnings Growth Ratio
Allegion has a PEG Ratio of 4.07. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Allegion has a P/B Ratio of 14.97. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.84 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Detective & armored car services

Sub-IndustryN/A

SectorIndustrial Products

Current SymbolNYSE:ALLE

Previous Symbol

CUSIPN/A

CIK1579241

Webwww.allegion.com

Phone353-1254-6200

Debt

Debt-to-Equity Ratio2.33

Current Ratio2.02

Quick Ratio1.42

Price-To-Earnings

Trailing P/E Ratio29.15

Forward P/E Ratio24.99

P/E Growth4.07

Sales & Book Value

Annual Sales$2.85 billion

Price / Sales3.22

Cash Flow$5.89 per share

Price / Cash Flow16.92

Book Value$6.66 per share

Price / Book14.97

Profitability

EPS (Most Recent Fiscal Year)$4.89

Net Income$401.80 million

Net Margins11.20%

Return on Equity69.68%

Return on Assets16.60%

Miscellaneous

Employees11,000

Outstanding Shares92,218,000

Market Cap$9.19 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 (WHO). Since then, ALLE stock has decreased by 13.1% and is now trading at $99.70. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Allegion?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegion in the last year. There are currently 1 sell rating and 6 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) announced its quarterly earnings results on Thursday, April, 23rd. The scientific and technical instruments company reported $1.04 earnings per share (EPS) for the quarter, beating the 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 firm's quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter last year, the business posted $0.88 EPS. 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. Shareholders of record on Tuesday, June 16th will be given a dividend of $0.32 per share on Tuesday, June 30th. This represents a $1.28 dividend on an annualized basis and a yield of 1.28%. 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 has initiated a stock repurchase program on Thursday, February 6th 2020, which permits the company to repurchase $800,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 6.5% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board believes its stock is undervalued.

What price target have analysts set for ALLE?

7 Wall Street analysts have issued 12-month price objectives for Allegion's stock. Their forecasts range from $85.00 to $140.00. On average, they expect Allegion's share price to reach $105.86 in the next twelve months. This suggests a possible upside of 6.2% from the stock's current price. View analysts' price targets for Allegion.

Has Allegion been receiving favorable news coverage?

News headlines about ALLE stock have trended negative on Saturday, according to InfoTrie. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Allegion earned a media sentiment score of -2.4 on InfoTrie's scale. They also gave news coverage about the scientific and technical instruments company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutAllegion.

Are investors shorting Allegion?

Allegion saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 4,210,000 shares, a drop 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 company's shares are short sold. View Allegion's Current Options Chain.

Who are some of Allegion's key competitors?

Some companies that are related to Allegion include MURATA MFG CO L/ADR (MRAAY), Emerson Electric (EMR), FANUC LTD JAPAN/ADR (FANUY), KONE OYJ/ADR (KNYJY), Eaton (ETN), Mitsui & Co Ltd (MITSY), Cintas (CTAS), Rockwell Automation (ROK), Johnson Controls International (JCI), Parker-Hannifin (PH), Ball (BLL), ASSA ABLOY AB/S (ASAZY), SANDVIK AB/ADR (SDVKY), Komatsu (KMTUY) and Stanley Black & Decker (SWK). View all 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 a number of institutional and retail investors. Top institutional investors 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 institutional 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 institutional investors are buying Allegion stock?

ALLE stock was acquired 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 $99.70.

How big of a company is Allegion?

Allegion has a market capitalization of $9.19 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 5/30/2020 by MarketBeat.com Staff