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NYSE:ALLE

Allegion (ALLE) Stock Price, News & Analysis

Allegion logo
$132.18 +1.55 (+1.19%)
(As of 12/20/2024 05:31 PM ET)

About Allegion Stock (NYSE:ALLE)

Key Stats

Today's Range
$130.15
$132.72
50-Day Range
$130.63
$153.36
52-Week Range
$113.27
$156.10
Volume
2.06 million shs
Average Volume
736,247 shs
Market Capitalization
$11.49 billion
P/E Ratio
20.30
Dividend Yield
1.45%
Price Target
$144.60
Consensus Rating
Reduce

Company Overview

Allegion plc manufactures and sells mechanical and electronic security products and solutions worldwide. The company offers door controls and systems and exit devices; locks, locksets, portable locks, and key systems and services; electronic security products and access control systems; time, attendance, and workforce productivity systems; doors, accessories, and other. It also provides services and software, which includes inspection, maintenance, and repair services for its automatic entrance solutions; and software as a service, including access control, IoT integration, and workforce management solutions, as well as aftermarket services, design and installation offerings, and locksmith services. The company sells its products and solutions to end-users in commercial, institutional, and residential facilities, including education, healthcare, government, hospitality, retail, commercial office, and single and multi-family residential markets under the CISA, Interflex, LCN, Schlage, SimonsVoss, and Von Duprin brands. It sells its products and solutions through distribution and retail channels, such as specialty distribution, e-commerce, and wholesalers, as well as through various retail channels comprising do-it-yourself home improvement centers, online and e-commerce platforms, and small specialty showroom outlets. Allegion plc was incorporated in 2013 and is headquartered in Dublin, Ireland.

Allegion Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
85th Percentile Overall Score

ALLE MarketRank™: 

Allegion scored higher than 85% of companies evaluated by MarketBeat, and ranked 48th out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Allegion has received a consensus rating of Reduce. The company's average rating score is 1.80, and is based on no buy ratings, 4 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Allegion has only been the subject of 4 research reports in the past 90 days.

  • Read more about Allegion's stock forecast and price target.
  • Earnings Growth

    Earnings for Allegion are expected to grow by 2.56% in the coming year, from $7.41 to $7.60 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Allegion is 20.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.29.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Allegion is 20.30, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 21.08.

  • Price to Earnings Growth Ratio

    Allegion has a PEG Ratio of 3.35. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Allegion has a P/B Ratio of 8.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.68% of the float of Allegion has been sold short.
  • Short Interest Ratio / Days to Cover

    Allegion has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Allegion has recently decreased by 7.01%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Allegion pays a meaningful dividend of 1.45%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Allegion does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Allegion is 29.49%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Allegion will have a dividend payout ratio of 25.26% next year. This indicates that Allegion will be able to sustain or increase its dividend.

  • Read more about Allegion's dividend.
  • Percentage of Shares Shorted

    1.68% of the float of Allegion has been sold short.
  • Short Interest Ratio / Days to Cover

    Allegion has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Allegion has recently decreased by 7.01%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Allegion has a news sentiment score of 1.05. 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 0.71 average news sentiment score of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Allegion this week, compared to 8 articles on an average week.
  • Search Interest

    5 people have searched for ALLE on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.
  • MarketBeat Follows

    Only 5 people have added Allegion to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Allegion insiders have sold just slightly more of their company's stock than they have bought. Specifically, they have bought $1,055,250.00 in company stock and sold $1,164,432.00 in company stock. It is common for insiders to sell company stock at intervals simply to diversify their holdings.

  • Percentage Held by Insiders

    Only 0.33% of the stock of Allegion is held by insiders.

  • Percentage Held by Institutions

    92.21% of the stock of Allegion is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Allegion's insider trading history.
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ALLE Stock News Headlines

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See More Headlines

ALLE Stock Analysis - Frequently Asked Questions

Allegion's stock was trading at $126.69 at the beginning of 2024. Since then, ALLE stock has increased by 4.3% and is now trading at $132.18.
View the best growth stocks for 2024 here
.

Allegion plc (NYSE:ALLE) posted its earnings results on Thursday, October, 24th. The scientific and technical instruments company reported $2.16 earnings per share for the quarter, beating the consensus estimate of $1.98 by $0.18. The company's revenue for the quarter was up 5.4% compared to the same quarter last year.
Read the conference call transcript
.

Allegion subsidiaries include these companies: Yonomi, Isonas, Ad Systems Inc, Aurora Systems Inc., Hammond Enterprises Inc, Technical Glass Products, Qatar Metal Industries, and more.

Top institutional shareholders of Allegion include State Street Corp (4.65%), Van ECK Associates Corp (3.64%), Geode Capital Management LLC (2.43%) and Massachusetts Financial Services Co. MA (2.19%). Insiders that own company stock include John H Stone, Timothy P Eckersley, Jeffrey N Braun, Tracy L Kemp, Robert C Martens and Jennifer L Hawes.
View institutional ownership trends
.

Shares of ALLE 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Allegion investors own include Invesco QQQ (QQQ), NVIDIA (NVDA), Meta Platforms (META), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD), Tesla (TSLA) and Visa (V).

Company Calendar

Ex-Dividend for 9/30 Dividend
9/20/2024
Dividend Payable
9/30/2024
Last Earnings
10/24/2024
Ex-Dividend for 12/31 Dividend
12/17/2024
Today
12/21/2024
Dividend Payable
12/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Detective & armored car services
Sub-Industry
Business Services
Fax
N/A
Employees
12,400
Year Founded
2013

Price Target and Rating

Average Stock Price Target
$144.60
High Stock Price Target
$152.00
Low Stock Price Target
$132.00
Potential Upside/Downside
+9.4%
Consensus Rating
Reduce
Rating Score (0-4)
1.80
Research Coverage
5 Analysts

Profitability

Net Income
$540.40 million
Pretax Margin
18.08%

Debt

Sales & Book Value

Annual Sales
$3.72 billion
Cash Flow
$7.87 per share
Book Value
$15.02 per share

Miscellaneous

Free Float
86,642,000
Market Cap
$11.49 billion
Optionable
Optionable
Beta
1.10

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This page (NYSE:ALLE) was last updated on 12/21/2024 by MarketBeat.com Staff
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