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

13 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 6 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.
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ASSA ABLOY AB (publ)'s stock was trading at $15.27 at the beginning of the year. Since then, ASAZY shares have decreased by 24.3% and is now trading at $11.56.
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ASSA ABLOY AB (publ) saw a drop in short interest in the month of July. As of July 31st, there was short interest totaling 13,200 shares, a drop of 38.3% from the July 15th total of 21,400 shares. Based on an average daily trading volume, of 458,100 shares, the short-interest ratio is currently 0.0 days.
View ASSA ABLOY AB (publ)'s Short Interest.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) released its quarterly earnings results on Monday, July, 19th. The industrial products company reported $0.17 EPS for the quarter, beating analysts' consensus estimates of $0.12 by $0.05. The industrial products company had revenue of $2.81 billion for the quarter. ASSA ABLOY AB (publ) had a trailing twelve-month return on equity of 15.72% and a net margin of 10.84%.

ASSA ABLOY AB (publ) announced a dividend on Friday, April 22nd. Stockholders of record on Friday, April 29th will be given a dividend of $0.076 per share on Thursday, May 19th. This represents a yield of 1.1%. The ex-dividend date is Thursday, April 28th.
Read our dividend analysis for ASAZY.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) pays an annual dividend of $0.14 per share and currently has a dividend yield of 1.21%. The dividend payout ratio is 25.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASAZY will have a dividend payout ratio of 22.22% 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 $11.56.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) has a market capitalization of $25.72 billion and generates $11.08 billion in revenue each year. The industrial products company earns $1.27 billion in net income (profit) each year or $0.55 on an earnings per share basis.

The company employs 48,000 workers across the globe.

ASSA ABLOY AB (publ) was founded in 1994.

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.