Allegion plc (NYSE: ALLE) is -1.23% lower on its value in year-to-date trading and has touched a low of $113.27 and a high of $156.10 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ALLE stock was last observed hovering at around $128.49 in the last trading session, with the day’s gains setting it 0.58%.
Currently trading at $129.07, the stock is -1.52% and -3.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.99 million and changing 0.45% at the moment leaves the stock -2.52% off its SMA200. ALLE registered 1.13% gain for a year compared to 6-month gain of 1.03%. The firm has a 50-day simple moving average (SMA 50) of $134.6448 and a 200-day simple moving average (SMA200) of $132.38475.
The stock witnessed a -0.85% loss in the last 1 month and extending the period to 3 months gives it a -7.70%, and is -1.47% down 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 1.79% over the week and 1.83% over the month.
Allegion plc (ALLE) has around 12400 employees, a market worth around $11.22B and $3.72B in sales. Current P/E ratio is 19.83 and Fwd P/E is 16.76. Profit margin for the company is 15.36%. Distance from 52-week low is 13.95% and -17.31% from its 52-week high. The company has generated returns on investments over the last 12 months (15.57%).
with sales reaching $938.91M over the same period.The EPS is expected to grow by 6.68% this year, but quarterly earnings will post 3.17% year-over-year. Quarterly sales are estimated to grow 4.63% in year-over-year returns.
935.0 institutions hold shares in Allegion plc (ALLE), with institutional investors hold 98.97% of the company’s shares. The shares outstanding are 86.92M, and float is at 86.65M with Short Float at 2.65%. Institutions hold 98.77% 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 purchase by Stone John H, the company’s President and CEO. SEC filings show that Stone John H bought 7,500 shares of the company’s common stock on Dec 03 ’24 at a price of $140.70 per share for a total of $1.06 million. Following the purchase, the insider now owns 0.12 million shares.
Allegion plc disclosed in a document filed with the SEC on Dec 02 ’24 that Kemp Tracy L (SVP-Chief Info. & Digital Ofr.) sold a total of 2,466 shares of the company’s common stock. The trade occurred on Dec 02 ’24 and was made at $139.47 per share for $0.34 million. Following the transaction, the insider now directly holds 9781.0 shares of the ALLE stock.
Still, SEC filings show that on Dec 02 ’24, Tracy Kemp (Officer) Proposed Sale 2,466 shares at an average price of $139.47 for $0.34 million. The insider now directly holds shares of Allegion plc (ALLE).
