Should I buy or sell ASSA ABLOY AB (publ) stock right now?

2 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 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ASAZY shares. View ASAZY analyst ratings or view top-rated stocks .

How have ASAZY shares performed in 2024?

ASSA ABLOY AB (publ)'s stock was trading at $14.38 on January 1st, 2024. Since then, ASAZY stock has decreased by 3.0% and is now trading at $13.95. View the best growth stocks for 2024 here .

Are investors shorting ASSA ABLOY AB (publ)?

ASSA ABLOY AB (publ) saw a decline in short interest in March. As of March 31st, there was short interest totaling 23,100 shares, a decline of 46.9% from the March 15th total of 43,500 shares. Based on an average daily trading volume, of 187,400 shares, the days-to-cover ratio is currently 0.1 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) announced its earnings results on Wednesday, February, 7th. The industrial products company reported $0.17 EPS for the quarter, hitting analysts' consensus estimates of $0.17. The industrial products company had revenue of $3.48 billion for the quarter, compared to analysts' expectations of $3.60 billion. ASSA ABLOY AB (publ) had a trailing twelve-month return on equity of 16.10% and a net margin of 10.39%.

How often does ASSA ABLOY AB (publ) pay dividends? What is the dividend yield for ASSA ABLOY AB (publ)?

ASSA ABLOY AB (publ) announced a dividend on Tuesday, March 26th. Shareholders of record on Friday, April 26th will be given a dividend of $0.1316 per share on Friday, May 17th. The ex-dividend date is Thursday, April 25th. This is a positive change from the stock's previous dividend of $0.11. Read our dividend analysis for ASAZY .

Is ASSA ABLOY AB (publ) a good dividend stock?

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) pays an annual dividend of $0.13 per share and currently has a dividend yield of 0.93%. The dividend payout ratio is 20.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASAZY will have a dividend payout ratio of 16.88% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:ASAZY

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

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$13.95

-0.02 (-0.14%)

(As of 04/17/2024 ET)

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Today's Range: $13.86
▼
$14.04
50-Day Range: $13.27
▼
$14.98
52-Week Range: $10.17
▼
$15.09

Volume: 72,728 shs
Average Volume: 90,934 shs
Market Capitalization: N/A

P/E Ratio: 22.14
Dividend Yield: 0.93%
Price Target: N/A

Stock Analysis Analyst Forecasts Chart Dividend Earnings Financials Headlines Insider Trades Short Interest

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About ASSA ABLOY AB (publ) Stock (OTCMKTS:ASAZY)

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors. It offers Openings Studio, a building information modeling software ecosystem is collaboration tool for designing, documenting, and managing openings. The company provides its products primarily under the ASSA ABLOY, Yale, and HID brands. It sells its products through distributors and wholesalers. The company serves aviation, education, distribution and logistics, entertainment and public facility, finance and banking, government and military, healthcare, hospitality, manufacturing, mining, office and enterprise, homes and residence, retail, shipyards, and transportation industries. ASSA ABLOY AB (publ) was incorporated in 1954 and is based in Stockholm, Sweden.

ASAZY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ASAZY Stock News Headlines

April 12, 2024 | americanbankingnews.com

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Sees Significant Decline in Short Interest

April 3, 2024 | finance.yahoo.com

ASSA ABLOY acquires Messerschmitt Systems in Germany

April 18, 2024 | Gold Safe Exchange (Ad)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 27, 2024 | prnewswire.com

ASSA ABLOY acquires Nomadix and Global Reach in the USA and UK

March 11, 2024 | prnewswire.com

ASSA ABLOY publishes its Sustainability Report 2023

March 11, 2024 | prnewswire.com

ASSA ABLOY publishes its Annual Report 2023

February 25, 2024 | seekingalpha.com

Aristotle Capital International Equity Q4 2023 Commentary

February 22, 2024 | wsj.com

Assa Abloy AB ADR

April 18, 2024 | Gold Safe Exchange (Ad)

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UPDATE 1-Assa Abloy posts Q4 operating profit below expectations

February 2, 2024 | finance.yahoo.com

ASSA ABLOY sells PACA ascenseur in France to KONE

January 30, 2024 | uk.finance.yahoo.com

Assa Abloy AB (ASSABS.XD)

January 23, 2024 | msn.com

ASSA ABLOY acquires South Africa-based Amecor

January 23, 2024 | finance.yahoo.com

ASSA ABLOY acquires Amecor in South Africa

December 19, 2023 | finance.yahoo.com

Are Industrial Products Stocks Lagging Assa Abloy (ASAZY) This Year?

December 7, 2023 | finance.yahoo.com

ASSA ABLOY acquires Ghost Controls in the US

December 5, 2023 | finance.yahoo.com

ASSA ABLOY acquires Leone Fence in Canada

November 24, 2023 | uk.investing.com

ASSA ABLOY AB ser. B (0R87)

November 15, 2023 | morningstar.com

Assa Abloy AB ADR ASAZY

October 25, 2023 | finance.yahoo.com

ASSA ABLOY Quarterly Report Q3 2023

October 24, 2023 | finance.yahoo.com

Nomination Committee for the ASSA ABLOY 2024 Annual General Meeting

September 7, 2023 | finance.yahoo.com

ASSA ABLOY acquires Lawrence Hardware and Gallery Specialty in Canada

July 12, 2023 | finance.yahoo.com

ASAZY vs. ALLE: Which Stock Is the Better Value Option?

June 20, 2023 | finance.yahoo.com

ASSA ABLOY's acquisition of HHI and the divestment of Emtek and the Smart Residential business in the U.S. and Canada have been completed

June 20, 2023 | finance.yahoo.com

ASSA ABLOY reports one-off costs of SEK 2.2bn in the Global Technologies Division

May 22, 2023 | finance.yahoo.com

ASAZY or SSTI: Which Is the Better Value Stock Right Now?

May 11, 2023 | seekingalpha.com

Assa Abloy: As Boring And Stable As Stale Bread - 'Buy'

See More Headlines

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Company Calendar

Last Earnings: 2/07/2024
Today: 4/18/2024
Ex-Dividend for 5/17 Dividend: 4/25/2024
Dividend Payable: 5/17/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Industrials
Industry: Security & Protection Services
Sub-Industry: N/A
Current Symbol: OTCMKTS:ASAZY
CUSIP: N/A
CIK: 1253493
Web: www.assaabloy.com
Phone: (685) 064-8500
Fax: 46 08 506 485 85
Employees: 61,000
Year Founded: 1994

Profitability

EPS (Most Recent Fiscal Year): $0.63
Trailing P/E Ratio: 22.14
Forward P/E Ratio: 20.22
P/E Growth: 1.46
Net Income: $1.29 billion
Net Margins: 10.39%
Pretax Margin: 13.68%
Return on Equity: 16.10%
Return on Assets: 7.76%

Debt

Debt-to-Equity Ratio: 0.54
Current Ratio: 1.10
Quick Ratio: 0.68

Sales & Book Value

Annual Sales: $13.27 billion
Price / Sales: N/A
Cash Flow: $0.85 per share
Price / Cash Flow: 16.41
Book Value: $3.88 per share
Price / Book: 3.60

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: 1.14

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Key Executives

Mr. Nico Delvaux (Age 58)
President, CEO & Head of Global Technologies Division
Comp: $48.69M
Mr. Erik Pieder (Age 56)
Executive VP & CFO
Mr. Björn Tibell
Head of Investor Relations
Ms. Ann Holmberg
Head of Corporate Communications
Ms. Helle Bay (Age 52)
Executive VP & Chief HR Officer
Mr. Lucas Boselli (Age 48)
Executive VP & Head of Americas Division
Mr. Neil Vann (Age 53)
Executive VP & Head of EMEA division
Mr. Bjorn Lidefelt (Age 43)
Executive VP & Head of Global Technologies Business Unit HID Global
Mr. Simon Ellis M.B.A. (Age 50)
EVP and Head of Asia Pacific Business Unit ASSA ABLOY Opening Solutions Pacific & North East Asia
Mr. Martin Poxton (Age 52)
EVP and Head of Asia Pacific Business Unit ASSA ABLOY Opening Solutions Greater China & SEA

Key Competitors

View All Competitors

Should I Buy ASSA ABLOY AB (publ) Stock? ASAZY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in ASSA ABLOY AB (publ):

ASSA ABLOY AB (publ) provides a wide range of door opening and access products, solutions, and services for various markets globally, ensuring diversified revenue streams.
The company offers digital access solutions, including electronic access control ecosystems and wireless solutions, catering to the increasing demand for smart security solutions in the market.
ASSA ABLOY AB (publ) has a strong presence in multiple industries such as healthcare, finance, and transportation, indicating stability and potential growth opportunities.
The company's innovative products like Openings Studio, a building information modeling software ecosystem, showcase a commitment to technological advancement and customer-centric solutions.
Considering the recent positive financial performance, including revenue growth and profitability, investing in ASSA ABLOY AB (publ) could be promising for investors.

Cons

Investors should be bearish about investing in ASSA ABLOY AB (publ) for these reasons:

The stock price of ASSA ABLOY AB (publ) may be relatively high compared to industry peers, potentially limiting short-term gains for investors.
As a company operating in the private households industry, ASSA ABLOY AB (publ) may face challenges related to economic downturns or fluctuations in consumer spending affecting demand for its products.
Competitive pressures in the door opening and access products market could impact ASSA ABLOY AB (publ)'s market share and margins, leading to potential revenue constraints.
Global economic uncertainties or geopolitical events may influence the company's international operations and supply chain, posing risks to investors.
Investors should consider the cyclical nature of the construction industry, as it can impact demand for ASSA ABLOY AB (publ)'s products and services, affecting financial performance.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these ASSA ABLOY AB (publ) pros and cons to contact@marketbeat.com.

ASAZY Stock Analysis - Frequently Asked Questions

Should I buy or sell ASSA ABLOY AB (publ) stock right now?: 2 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 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ASAZY shares.
View ASAZY analyst ratings or view top-rated stocks.
How have ASAZY shares performed in 2024?: ASSA ABLOY AB (publ)'s stock was trading at $14.38 on January 1st, 2024. Since then, ASAZY stock has decreased by 3.0% and is now trading at $13.95.
View the best growth stocks for 2024 here.
Are investors shorting ASSA ABLOY AB (publ)?: ASSA ABLOY AB (publ) saw a decline in short interest in March. As of March 31st, there was short interest totaling 23,100 shares, a decline of 46.9% from the March 15th total of 43,500 shares. Based on an average daily trading volume, of 187,400 shares, the days-to-cover ratio is currently 0.1 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) announced its earnings results on Wednesday, February, 7th. The industrial products company reported $0.17 EPS for the quarter, hitting analysts' consensus estimates of $0.17. The industrial products company had revenue of $3.48 billion for the quarter, compared to analysts' expectations of $3.60 billion. ASSA ABLOY AB (publ) had a trailing twelve-month return on equity of 16.10% and a net margin of 10.39%.

How often does ASSA ABLOY AB (publ) pay dividends? What is the dividend yield for ASSA ABLOY AB (publ)?: ASSA ABLOY AB (publ) announced a dividend on Tuesday, March 26th. Shareholders of record on Friday, April 26th will be given a dividend of $0.1316 per share on Friday, May 17th. The ex-dividend date is Thursday, April 25th. This is a positive change from the stock's previous dividend of $0.11.
Read our dividend analysis for ASAZY.
Is ASSA ABLOY AB (publ) a good dividend stock?: ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) pays an annual dividend of $0.13 per share and currently has a dividend yield of 0.93%. The dividend payout ratio is 20.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASAZY will have a dividend payout ratio of 16.88% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:ASAZY) was last updated on 4/18/2024 by MarketBeat.com Staff

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

About ASSA ABLOY AB (publ) Stock (OTCMKTS:ASAZY)

ASAZY Stock Price History

ASAZY Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Should I Buy ASSA ABLOY AB (publ) Stock? ASAZY Pros and Cons Explained

Pros

Cons

ASAZY Stock Analysis - Frequently Asked Questions

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