OTCMKTS:ASAZY ASSA ABLOY AB (publ) (ASAZY) Stock Forecast, Price & News $11.68 +0.12 (+1.04%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$11.64▼$11.7350-Day Range$10.82▼$11.9652-Week Range$8.69▼$12.78Volume67,287 shsAverage Volume104,177 shsMarket Capitalization$25.99 billionP/E Ratio19.15Dividend Yield1.37%Price TargetN/A ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsHeadlinesShort InterestProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsHeadlinesShort Interest ASSA ABLOY AB (publ) MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.00% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.00Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth4.76%From $0.63 to $0.66 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.80 out of 5 stars N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for ASSA ABLOY AB (publ). Previous Next 3.0 Short Interest Percentage of Shares Shorted0.00% of the outstanding shares of ASSA ABLOY AB (publ) have been sold short.Short Interest Ratio / Days to CoverASSA ABLOY AB (publ) has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in ASSA ABLOY AB (publ) has recently increased by 171.73%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldASSA ABLOY AB (publ) pays a meaningful dividend of 1.37%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthASSA ABLOY AB (publ) does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of ASSA ABLOY AB (publ) is 26.23%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, ASSA ABLOY AB (publ) will have a dividend payout ratio of 24.24% next year. This indicates that ASSA ABLOY AB (publ) will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ASAZY. Previous Next 2.8 News and Social Media Coverage News SentimentASSA ABLOY AB (publ) has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 2 news articles for ASSA ABLOY AB (publ) this week, compared to 1 article on an average week. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ASSA ABLOY AB (publ) insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 0.26% of the stock of ASSA ABLOY AB (publ) is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for ASSA ABLOY AB (publ) are expected to grow by 4.76% in the coming year, from $0.63 to $0.66 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ASSA ABLOY AB (publ) is 19.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.22.Price to Earnings Ratio vs. SectorThe P/E ratio of ASSA ABLOY AB (publ) is 19.15, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 15.68.Price to Earnings Growth RatioASSA ABLOY AB (publ) has a PEG Ratio of 2.08. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioASSA ABLOY AB (publ) has a P/B Ratio of 3.05. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) StockAssa Abloy AB engages in the provision of intelligent lock and security solutions. It operates through the following divisions: Europe, Middle East and Africa (EMEA), Americas, Asia Pacific, Global Technologies, and Entrance Systems. The regional divisions, namely EMEA, Americas, and Asia Pacific manufacture and sell mechanical and electromechanical locks, digital door locks and smart home access solutions, high-security doors, fire doors and hardware adapted to the local market's standards and security requirements. The Global Technologies division deals with access control systems, secure card issuance, identification technology, and hotel locks. The Entrance Systems division offers entrance automation products and services. The company was founded in 1994 and is headquartered in Stockholm, Sweden.Read More Receive ASAZY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ASSA ABLOY AB (publ) and its competitors with MarketBeat's FREE daily newsletter. Email Address ASAZY Stock News HeadlinesJune 8, 2023 | americanbankingnews.comASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Upgraded to "Buy" at HSBCMay 27, 2023 | americanbankingnews.comShort Interest in ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Expands By 171.7%June 8, 2023 | Edge On The Street (Ad)New "Mined in America" Lithium Opportunities?The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.May 22, 2023 | finance.yahoo.comASAZY or SSTI: Which Is the Better Value Stock Right Now?May 22, 2023 | americanbankingnews.comASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Receives $266.40 Average PT from AnalystsMay 11, 2023 | seekingalpha.comAssa Abloy: As Boring And Stable As Stale Bread - 'Buy'May 6, 2023 | finance.yahoo.comASSA ABLOY and the DOJ reach a settlement regarding the HHI acquisitionMay 5, 2023 | finance.yahoo.comAssa, Spectrum Brands reach settlement with US on dealJune 8, 2023 | Edge On The Street (Ad)New "Mined in America" Lithium Opportunities?The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.May 5, 2023 | finance.yahoo.comUPDATE 1-Assa, Spectrum Brands reach settlement with US on dealApril 28, 2023 | finance.yahoo.comWhat Makes Assa Abloy AB (ASAZY) a New Buy StockApril 26, 2023 | finance.yahoo.comResolutions at ASSA ABLOY AB's Annual General Meeting 26 April 2023April 26, 2023 | finance.yahoo.comASSA ABLOY: Quarterly Report Q1 2023April 26, 2023 | finance.yahoo.comLockmaker Assa Abloy to raise prices further after Q1 beats expectationsApril 23, 2023 | americanbankingnews.comASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Announces Dividend Increase - $0.08 Per ShareApril 18, 2023 | finance.yahoo.comJCI or ASAZY: Which Is the Better Value Stock Right Now?April 6, 2023 | finance.yahoo.comIs Assa Abloy (ASAZY) Outperforming Other Industrial Products Stocks This Year?April 5, 2023 | americanbankingnews.comASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Lowered to Sell at CitigroupApril 4, 2023 | americanbankingnews.comAnalysts Set ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Price Target at $266.40March 9, 2023 | ca.finance.yahoo.comASSA ABLOY AB (publ) (0R87.IL)March 6, 2023 | finance.yahoo.comASSA ABLOY publishes its Sustainability Report 2022March 6, 2023 | finance.yahoo.comASSA ABLOY publishes its Annual Report 2022February 3, 2023 | investing.comLockmaker Assa Abloy boosts dividend, but wary on outlookFebruary 1, 2023 | finance.yahoo.com20 Most Valuable Swedish Companies In The WorldDecember 2, 2022 | finance.yahoo.comWhy Spectrum Brands Stock Was Rocketing Higher TodayNovember 16, 2022 | finance.yahoo.comASSA ABLOY today hosts its Capital Markets DayNovember 16, 2022 | finance.yahoo.comASSA ABLOY's climate targets validated as science-basedSee More Headlines ASAZY Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ASAZY Company Calendar Last Earnings4/26/2023Ex-Dividend for 5/19 Dividend4/27/2023Dividend Payable5/19/2023Today6/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS Industry Private households Sub-IndustryN/A SectorIndustrial Products Current SymbolOTCMKTS:ASAZY CUSIPN/A CIK1253493 Webwww.assaabloy.com Phone(685) 064-8500Fax46 08 506 485 85Employees52,000Year Founded1994Profitability EPS (Most Recent Fiscal Year)$0.61 Trailing P/E Ratio19.15 Forward P/E Ratio18.54 P/E Growth2.08Net Income$1.32 billion Net Margins11.15% Pretax Margin14.51% Return on Equity16.53% Return on Assets9.12% Debt Debt-to-Equity Ratio0.24 Current Ratio1.20 Quick Ratio0.71 Sales & Book Value Annual Sales$11.98 billion Price / Sales2.17 Cash Flow$0.60 per share Price / Cash Flow19.51 Book Value$3.83 per share Price / Book3.05Miscellaneous Outstanding Shares2,225,150,000Free FloatN/AMarket Cap$25.99 billion OptionableNot Optionable Beta0.99 Social Links Key ExecutivesNico DelvauxPresident, CEO & Head-Global TechnologiesErik PiederChief Financial Officer & Executive VPLucas BoselliExecutive Vice President & Head-Americas DivisionNeil Arthur VannExecutive Vice President & Head-EMEA divisionHelle BayChief Human Resources Officer & Executive VPKey CompetitorsAshtead GroupOTCMKTS:ASHTYEpiroc AB (publ)OTCMKTS:EPOKYDiscoOTCMKTS:DSCSYTechtronic IndustriesOTCMKTS:TTNDYBramblesOTCMKTS:BXBLYView All Competitors ASAZY Stock - Frequently Asked Questions Should I buy or sell ASSA ABLOY AB (publ) stock right now? 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ASSA ABLOY AB (publ) in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ASAZY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ASAZY, but not buy additional shares or sell existing shares. View ASAZY analyst ratings or view top-rated stocks. How have ASAZY shares performed in 2023? ASSA ABLOY AB (publ)'s stock was trading at $10.70 at the beginning of 2023. Since then, ASAZY stock has increased by 9.2% and is now trading at $11.68. View the best growth stocks for 2023 here. Are investors shorting ASSA ABLOY AB (publ)? ASSA ABLOY AB (publ) saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 51,900 shares, an increase of 171.7% from the April 30th total of 19,100 shares. Based on an average daily volume of 174,800 shares, the short-interest ratio is currently 0.3 days. View ASSA ABLOY AB (publ)'s Short Interest. How were ASSA ABLOY AB (publ)'s earnings last quarter? ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) released its quarterly earnings results on Wednesday, April, 26th. The industrial products company reported $0.16 earnings per share for the quarter. The industrial products company earned $3.10 billion during the quarter. ASSA ABLOY AB (publ) had a trailing twelve-month return on equity of 16.53% and a net margin of 11.15%. How often does ASSA ABLOY AB (publ) pay dividends? What is the dividend yield for ASSA ABLOY AB (publ)? ASSA ABLOY AB (publ) declared a dividend on Friday, April 21st. Shareholders of record on Friday, April 28th will be paid a dividend of $0.0759 per share on Friday, May 19th. This represents a yield of 1.22%. The ex-dividend date of this dividend is Thursday, April 27th. This is a boost from the stock's previous dividend of $0.06. Read our dividend analysis for ASAZY. What ETF holds ASSA ABLOY AB (publ)'s stock ? ALPS O'Shares Europe Quality Dividend ETF holds 25,749 shares of ASAZY stock, representing 1.42% of its portfolio. Is ASSA ABLOY AB (publ) a good dividend stock? ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) pays an annual dividend of $0.16 per share and currently has a dividend yield of 1.37%. The dividend payout ratio is 26.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASAZY will have a dividend payout ratio of 24.24% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ASAZY. What is ASSA ABLOY AB (publ)'s stock symbol? ASSA ABLOY AB (publ) trades on the OTCMKTS under the ticker symbol "ASAZY." How do I buy shares of ASSA ABLOY AB (publ)? Shares of ASAZY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is ASSA ABLOY AB (publ)'s stock price today? One share of ASAZY stock can currently be purchased for approximately $11.68. How much money does ASSA ABLOY AB (publ) make? ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) has a market capitalization of $25.99 billion and generates $11.98 billion in revenue each year. The industrial products company earns $1.32 billion in net income (profit) each year or $0.61 on an earnings per share basis. How many employees does ASSA ABLOY AB (publ) have? The company employs 52,000 workers across the globe. How can I contact ASSA ABLOY AB (publ)? ASSA ABLOY AB (publ)'s mailing address is Klarabergsviadukten 90, STOCKHOLM V7, . The official website for the company is www.assaabloy.com. The industrial products company can be reached via phone at (685) 064-8500, via email at mattias.olsson@assaabloy.com, or via fax at 46 08 506 485 85. This page (OTCMKTS:ASAZY) was last updated on 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding ASSA ABLOY AB (publ) Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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