Allegion plc (NYSE: ALLE) is 4.89% higher on its value in year-to-date trading and has touched a low of $95.94 and a high of $136.91 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ALLE stock was last observed hovering at around $127.86 in the last trading session, with the day’s gains setting it 5.02%.
Currently trading at $132.88, the stock is 10.18% and 10.38% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.31 million and changing 3.93% at the moment leaves the stock 10.96% off its SMA200. ALLE registered 4.57% gain for a year compared to 6-month loss of 8.09%.
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The stock witnessed a 14.42% gain in the last 1 month and extending the period to 3 months gives it a 5.01%, and is 4.29% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.80% over the week and 2.57% over the month.
Allegion plc (ALLE) has around 12400 employees, a market worth around $11.62B and $3.67B in sales. Current P/E ratio is 21.11 and Fwd P/E is 17.23. Profit margin for the company is 15.08%. Distance from 52-week low is 38.50% and -2.94% from its 52-week high. The company has generated returns on investments over the last 12 months (15.69%).
The EPS is expected to grow by 3.58% this year
The shares outstanding are 87.50M, and float is at 87.24M with Short Float at 2.64%.
Allegion plc (ALLE) Insider Activity
The most recent transaction is an insider sale by Kemp Tracy L, the company’s SVP-Chief Info. & Digital Ofr. SEC filings show that Kemp Tracy L sold 2,194 shares of the company’s common stock on May 28 ’24 at a price of $121.98 per share for a total of $0.27 million. Following the sale, the insider now owns 11103.0 shares.
Allegion plc disclosed in a document filed with the SEC on Mar 12 ’24 that Eckersley Timothy P (Sr. VP-Allegion International) sold a total of 2,291 shares of the company’s common stock. The trade occurred on Mar 12 ’24 and was made at $132.75 per share for $0.3 million. Following the transaction, the insider now directly holds 33276.0 shares of the ALLE stock.
Still, SEC filings show that on Mar 11 ’24, Eckersley Timothy P (Sr. VP-Allegion International) disposed off 5,089 shares at an average price of $130.63 for $0.66 million. The insider now directly holds 0 shares of Allegion plc (ALLE).