ASSA ABLOY AB (publ) (ASAZY) Stock Forecast, Price & News

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.

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.
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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.

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%.

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.

ALPS O'Shares Europe Quality Dividend ETF holds 25,749 shares of ASAZY stock, representing 1.42% of its portfolio.

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.

ASSA ABLOY AB (publ) trades on the OTCMKTS under the ticker symbol "ASAZY."

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.
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One share of ASAZY stock can currently be purchased for approximately $11.68.

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.

The company employs 52,000 workers across the globe.

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.