Allegion (ALLE) Projected to Post Earnings on Thursday

Allegion (NYSE:ALLE) is anticipated to release its Q1 2025 earnings data before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $1.68 per share and revenue of $918.53 million for the quarter. Allegion has set its FY 2025 guidance at 7.650-7.850 EPS.

Allegion (NYSE:ALLE) last released its earnings results on Tuesday, February 18th. The scientific and technical instruments company reported $1.86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.75 by $0.11. Allegion had a net margin of 15.84% and a return on equity of 45.12%. The firm had revenue of $945.60 million during the quarter, compared to analyst estimates of $938.91 million. On average, analysts expect Allegion to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Allegion Price Performance

Shares of NYSE:ALLE opened at $126.88 on Wednesday. Allegion has a twelve month low of $113.27 and a twelve month high of $156.10. The company has a quick ratio of 1.43, a current ratio of 2.04 and a debt-to-equity ratio of 1.32. The company has a market cap of $10.95 billion, a price-to-earnings ratio of 18.60, a PEG ratio of 3.97 and a beta of 1.01. The business has a 50 day moving average price of $127.08 and a 200 day moving average price of $133.93.

Allegion Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be issued a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date of this dividend is Friday, June 13th. Allegion’s dividend payout ratio (DPR) is presently 29.91%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ALLE. StockNews.com downgraded shares of Allegion from a “buy” rating to a “hold” rating in a research note on Friday, March 7th. Barclays reduced their price objective on Allegion from $130.00 to $126.00 and set an “underweight” rating on the stock in a research note on Wednesday, March 26th. Morgan Stanley increased their price objective on Allegion from $137.00 to $139.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 19th. Robert W. Baird reduced their target price on shares of Allegion from $152.00 to $144.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 19th. Finally, Wells Fargo & Company decreased their price objective on Allegion from $140.00 to $135.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 19th. One investment analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $138.80.

Insiders Place Their Bets

In other news, Director Gregg C. Sengstack purchased 8,000 shares of the company’s stock in a transaction on Wednesday, February 19th. The shares were purchased at an average cost of $125.24 per share, with a total value of $1,001,920.00. Following the completion of the transaction, the director now owns 8,000 shares of the company’s stock, valued at $1,001,920. The trade was a ? increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Nickolas A. Musial sold 403 shares of Allegion stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $124.70, for a total value of $50,254.10. Following the transaction, the chief accounting officer now owns 4,972 shares of the company’s stock, valued at $620,008.40. The trade was a 7.50 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 3,224 shares of company stock worth $406,636. Company insiders own 0.33% of the company’s stock.

Allegion Company Profile

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.