Allegion plc (NYSE: ALLE) is 11.24% higher on its value in year-to-date trading and has touched a low of $100.22 and a high of $156.10 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 $140.90 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $140.93, the stock is -3.17% and -1.49% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.56 million and changing 0.02% at the moment leaves the stock 7.81% off its SMA200. ALLE registered 38.53% gain for a year compared to 6-month gain of 13.53%. The firm has a 50-day simple moving average (SMA 50) of $142.9938 and a 200-day simple moving average (SMA200) of $130.63335.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -3.05% loss in the last 1 month and extending the period to 3 months gives it a 8.86%, and is 1.35% 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 2.10% over the week and 1.90% over the month.
Allegion plc (ALLE) has around 12400 employees, a market worth around $12.25B and $3.72B in sales. Current P/E ratio is 21.65 and Fwd P/E is 18.08. Profit margin for the company is 15.36%. Distance from 52-week low is 40.62% and -9.72% from its 52-week high. The company has generated returns on investments over the last 12 months (15.57%).
The EPS is expected to grow by 6.36% this year
896.0 institutions hold shares in Allegion plc (ALLE), with institutional investors hold 99.25% of the company’s shares. The shares outstanding are 87.50M, and float is at 86.66M with Short Float at 2.33%. Institutions hold 99.07% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 10.55 million shares valued at $1.25 billion. The investor’s holdings represent 12.0413 of the ALLE Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 9.42 million shares valued at $1.11 billion to account for 10.7522 of the shares outstanding. The other top investors are APG ASSET MANAGEMENT N.V. which holds 5.72 million shares representing 6.5281 and valued at over $630.42 million, while BOSTON PARTNERS holds 4.7966 of the shares totaling 4.2 million with a market value of $496.79 million.
Allegion plc (ALLE) Insider Activity
The most recent transaction is an insider sale by Martens Robert C., the company’s SVP Chief Innovation & Design. SEC filings show that Martens Robert C. sold 8,035 shares of the company’s common stock on Oct 25 ’24 at a price of $144.92 per share for a total of $1.16 million. Following the sale, the insider now owns 7104.0 shares.
Still, SEC filings show that on Aug 05 ’24, Jeffrey Braun (Senior Vice President Advisory) Proposed Sale 7,675 shares at an average price of $126.87 for $0.97 million. The insider now directly holds shares of Allegion plc (ALLE).
