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OTCMKTS:ASAZY

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

$15.47
-0.24 (-1.53%)
(As of 09/6/2024 ET)
Today's Range
$15.44
$15.80
50-Day Range
$14.01
$16.07
52-Week Range
$10.17
$16.27
Volume
119,272 shs
Average Volume
124,931 shs
Market Capitalization
$34.42 billion
P/E Ratio
24.95
Dividend Yield
0.90%
Price Target
N/A
ASAZY stock logo

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

ASAZY Stock News Headlines

Assa Abloy: Position Is Good, But This Is Now Clearly Overvalued
What is Nvidia’s New $1 Trillion SuperProject?
Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …
ASSA ABLOY AB (publ) (ALZ.DU)
ASSA ABLOY AB (publ) (0R87N.MX)
ASSA ABLOY to acquire SKIDATA
Q2 2024 Assa Abloy AB Earnings Call Transcript
What is Nvidia’s New $1 Trillion SuperProject?
Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …
Assa Abloy Quarterly Report Q1 2024
ASAZF ASSA ABLOY AB (publ)
ASSA ABLOY acquires Messerschmitt Systems in Germany
ASSA ABLOY publishes its Annual Report 2023
Aristotle Capital International Equity Q4 2023 Commentary
Assa Abloy AB ADR
See More Headlines
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Company Calendar

Last Earnings
7/17/2024
Today
9/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Private households
Sub-Industry
N/A
Current Symbol
OTCMKTS:ASAZY
Employees
61,000
Year Founded
1994

Profitability

Net Income
$1.29 billion
Pretax Margin
14.11%

Debt

Sales & Book Value

Annual Sales
$13.27 billion
Cash Flow
$0.82 per share
Book Value
$3.88 per share

Miscellaneous

Outstanding Shares
2,225,150,000
Free Float
N/A
Market Cap
$34.42 billion
Optionable
Not Optionable
Beta
1.11

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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

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 has shown consistent stock price growth, with a current price of $15.98, indicating positive market sentiment.
  • The company has a strong market capitalization of $35.55 billion, reflecting stability and potential for long-term growth.
  • ASSA ABLOY AB has a diversified product portfolio catering to institutional, commercial, and residential markets globally, reducing dependency on a single market segment.
  • The company's financial performance, with a net margin of 10.02% and a return on equity of 15.60%, demonstrates efficient operations and profitability.
  • With a low debt-to-equity ratio of 0.52, ASSA ABLOY AB has a healthy balance sheet, reducing financial risk for investors.

Cons

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

  • The stock has a relatively high price-to-earnings ratio of 25.77, which may indicate that the stock is currently overvalued compared to its earnings.
  • While the company has a strong market capitalization, the PEG ratio of 1.49 suggests that the stock may be slightly overvalued relative to its future growth potential.
  • ASSA ABLOY AB's short interest has fluctuated recently, which could indicate uncertainty or volatility in the market sentiment towards the stock.
  • The company's recent earnings report showed a miss on analysts' consensus estimates, potentially signaling challenges in meeting market expectations.
  • Investors should consider the company's beta of 1.12, indicating moderate volatility compared to the market, which may not be suitable for all risk profiles.
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 Wednesday, September 4, 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

How have ASAZY shares performed this year?

ASSA ABLOY AB (publ)'s stock was trading at $14.38 on January 1st, 2024. Since then, ASAZY shares have increased by 7.6% and is now trading at $15.47.
View the best growth stocks for 2024 here
.

How were ASSA ABLOY AB (publ)'s earnings last quarter?

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) issued its earnings results on Wednesday, July, 17th. The industrial products company reported $0.17 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by $0.03. The industrial products company earned $3.55 billion during the quarter. ASSA ABLOY AB (publ) had a trailing twelve-month return on equity of 15.60% and a net margin of 10.02%.

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 9/7/2024 by MarketBeat.com Staff

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