Allegion PLC

Allegion PLC Stock Forecast & Price Prediction

Live Allegion PLC Stock (ALLE) Price
$140.58

11

Ratings

  • Buy 3
  • Hold 6
  • Sell 2
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$140.58

P/E Ratio

21.59

Volume Traded Today

$684,849

Dividend

$0.48

52 Week High/low

156.10/107.92

Allegion PLC Market Cap

$12.22B

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ALLE Summary

Based on ratings from 11 stock analysts, the Allegion PLC stock price is expected to increase by 5.36% in 12 months. This is calculated by using the average 12-month stock price forecast for Allegion PLC. The lowest target is $110 and the highest is $165. Please note analyst price targets are not guaranteed and could be missed completely.

ALLE Analyst Ratings

Allegion PLC has a total of 11 Wall St Analyst ratings. There are 3 buy ratings, 6 ratings, and 2 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Allegion PLC will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

ALLE stock forecast by analyst

These are the latest 20 analyst ratings of ALLE.

Analyst/Firm

Rating

Price Target

Change

Date

Julian Mitchell
Barclays

Underweight

$137

Maintains

Oct 28, 2024
Timothy Wojs
Baird

Neutral

$152

Maintains

Oct 25, 2024
Brett Linzey
Mizuho

Neutral

$150

Maintains

Oct 17, 2024
Joseph O'Dea
Wells Fargo

Equal-Weight

$152

Maintains

Oct 7, 2024
Julian Mitchell
Barclays

Underweight

$135

Maintains

Oct 2, 2024
Julian Mitchell
Barclays

Underweight

$117

Maintains

Jul 25, 2024
Joseph O'Dea
Wells Fargo

Equal-Weight

$137

Maintains

Jul 25, 2024

Barclays

Underweight


Maintains

Jul 11, 2024
Joseph O'Dea
Wells Fargo

Equal-Weight

$125

Maintains

Jul 10, 2024
Julian Mitchell
Barclays

Underweight

$112

Maintains

Jul 10, 2024
Julian Mitchell
Barclays

Underweight

$116

Downgrade

Jun 4, 2024
Chris Snyder
UBS

Neutral

$132

Maintains

Apr 16, 2024
Julian Mitchell
Barclays

Equal-Weight

$122

Maintains

Apr 2, 2024
Brett Linzey
Mizuho

Neutral

$141

Downgrade

Feb 23, 2024
Julian Mitchell
Barclays

Equal-Weight

$121

Maintains

Feb 21, 2024
Joseph O'Dea
Wells Fargo

Equal-Weight

$140

Downgrade

Feb 21, 2024
Joseph O'Dea
Wells Fargo

Overweight

$139

Maintains

Dec 19, 2023
Julian Mitchell
Barclays

Equal-Weight

$119

Downgrade

Dec 4, 2023
Jeffrey Sprague
Vertical Research

Hold

$100

Downgrade

Oct 19, 2023
David Macgregor
Longbow Research

Neutral


Downgrade

Sep 6, 2023

ALLE Company Information

What They Do: Manufactures security products and solutions worldwide.

Business Model: The company generates revenue by selling a wide range of mechanical and electronic security products, including locks, access control systems, and door controls to various market segments such as commercial, institutional, and residential customers. Allegion also offers services like inspection, maintenance, and SaaS solutions for workforce management and IoT integration, enhancing its value proposition and creating recurring revenue streams.

Other Information: Incorporated in 2013 and headquartered in Dublin, Ireland, Allegion operates under several well-known brands and utilizes multiple distribution channels, including e-commerce and specialty retail, to reach its customers effectively.
ALLE
Allegion PLC (ALLE)

When did it IPO

2013

Staff Count

12,200

Country

Ireland

Sector/Industry

Industrials/Security & Protection Services

CEO

Mr. John H. Stone

Market Cap

$12.22B

Allegion PLC (ALLE) Financial Data

In 2023, ALLE generated $3.65B in revenue, which was a increase of 11.58% from the previous year. This can be seen as a signal that ALLE's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$2.72B

Revenue From 2021

$2.87B

5.42 %
From Previous Year

Revenue From 2022

$3.27B

14.11 %
From Previous Year

Revenue From 2023

$3.65B

11.58 %
From Previous Year
  • Revenue TTM $3.72B
  • Operating Margin TTM 22.2%
  • Gross profit TTM $1.58B
  • Return on assets TTM 10.7%
  • Return on equity TTM 40.8%
  • Profit Margin 15.4%
  • Book Value Per Share 18.07%
  • Market capitalisation $12.22B
  • Revenue for 2021 $2.87B
  • Revenue for 2022 $3.27B
  • Revenue for 2023 $3.65B
  • EPS this year (TTM) $6.51

Allegion PLC (ALLE) Latest News

News Image

Thu, 05 Dec 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Allegion plc (NYSE: ALLE) declared a quarterly dividend of $0.48 per share, payable on Dec. 31, 2024, to shareholders of record on Dec. 17, 2024.

Why It Matters - The declaration of a quarterly dividend reflects Allegion's financial health and commitment to returning value to shareholders, which can boost investor confidence and stock performance.

News Image

Fri, 06 Dec 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Allegion US has launched enhancements to its credential technology, enabling Schlage mobile credentials to be used in Google Wallet on Wear OS smartwatches, marking a first in the industry.

Why It Matters - Allegion's innovation in mobile credential technology enhances its competitive edge, potentially driving revenue growth and increasing market share in the security solutions sector.

News Image

Wed, 04 Dec 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Allegion plc appointed Gregg Sengstack to its Board of Directors, expanding it to nine members with eight independent directors. Sengstack will join key committees including Audit and Finance.

Why It Matters - Gregg Sengstack's appointment to Allegion's board enhances governance and financial oversight, potentially boosting investor confidence and company performance.

News Image

Tue, 03 Dec 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Increased demand for safety and security enhances the outlook for the Zacks Security and Safety Services industry, with notable stocks including ALLE, MSA, ADT, and ALRM.

Why It Matters - Increased demand for safety and security enhances growth potential for companies like ALLE, MSA, ADT, and ALRM, indicating potential investment opportunities in this sector.

News Image

Wed, 27 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Investors in the Security and Safety Services sector are considering Allegion (ALLE) and Axon Enterprise (AXON) for potential value investments.

Why It Matters - The comparison of Allegion and Axon Enterprise highlights potential investment opportunities in the Security and Safety Services sector, guiding value investors in their stock selection.

News Image

Thu, 14 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Allegion Ventures led a Series A funding round for Serenity, a provider of AI-powered EHS software solutions, enhancing its strategic portfolio in workplace safety and compliance.

Why It Matters - Allegion's investment in Serenity highlights a growing focus on AI and safety solutions, signaling potential growth in the EHS sector, which could drive future returns for investors in related industries.

...

ALLE Frequently asked questions

The highest forecasted price for ALLE is $165 from at .

The lowest forecasted price for ALLE is $110 from Andrew Obin from B of A Securities

The ALLE analyst ratings consensus are 3 buy ratings, 6 hold ratings, and 2 sell ratings.