The closing price of Allegion plc (NYSE: ALLE) was $105.25 for the day, down -0.97% from the previous closing price of $106.28. In other words, the price has decreased by -$1.03 from its previous closing price. On the day, 598185 shares were traded. ALLE stock price reached its highest trading level at $106.78 during the session, while it also had its lowest trading level at $104.43.
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Our analysis of ALLE’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 31.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.07. For the most recent quarter (mrq), Quick Ratio is recorded 1.20 and its Current Ratio is at 1.90. In the meantime, Its Debt-to-Equity ratio is 2.04 whereas as Long-Term Debt/Eq ratio is at 2.02.
Upgrades & Downgrades
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 03 when Braun Jeffrey N sold 2,278 shares for $110.34 per share. The transaction valued at 251,347 led to the insider holds 11,336 shares of the business.
Braun Jeffrey N sold 1,354 shares of ALLE for $153,771 on Nov 22. The SVP, GC and Secretary now owns 11,634 shares after completing the transaction at $113.57 per share. On Oct 28, another insider, Stone John H, who serves as the President and CEO of the company, bought 12,500 shares for $104.45 each. As a result, the insider paid 1,305,612 and bolstered with 64,535 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALLE now has a Market Capitalization of 9.44B and an Enterprise Value of 11.25B. As of this moment, Allegion’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.00, and their Forward P/E ratio for the next fiscal year is 14.77. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.70 while its Price-to-Book (P/B) ratio in mrq is 8.89. Its current Enterprise Value per Revenue stands at 3.24 whereas that against EBITDA is 15.04.
Stock Price History:
Over the past 52 weeks, ALLE has reached a high of $123.46, while it has fallen to a 52-week low of $87.33. The 50-Day Moving Average of the stock is 105.60, while the 200-Day Moving Average is calculated to be 105.83.
ALLE traded an average of 841.41K shares per day over the past three months and 503.27k shares per day over the past ten days. A total of 88.00M shares are outstanding, with a floating share count of 87.40M. Insiders hold about 0.10% of the company’s shares, while institutions hold 97.60% stake in the company. Shares short for ALLE as of May 14, 2023 were 2.54M with a Short Ratio of 2.54M, compared to 1.84M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.89% and a Short% of Float of 3.30%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.68, ALLE has a forward annual dividend rate of 1.80. Against a Trailing Annual Dividend Yield of 1.58%, it implies a Forward Annual Dividend Yield of 1.69%. The stock’s 5-year Average Dividend Yield is 1.13.
The firm’s stock currently is rated by 11 analysts. On average, analysts expect EPS of $1.74 for the current quarter, with a high estimate of $1.85 and a low estimate of $1.65, while EPS last year was $1.37. The consensus estimate for the next quarter is $1.76, with high estimates of $1.83 and low estimates of $1.71.
Analysts are recommending an EPS of between $6.75 and $6.55 for the fiscal current year, implying an average EPS of $6.67. EPS for the following year is $7.12, with 13 analysts recommending between $7.46 and $6.78.
It is expected that $90B in revenue will be generated in the current quarter, according to 10 analysts. It ranges from a high estimate of $975.7M to a low estimate of $914M. As of the current estimate, Allegion plc’s year-ago sales were $773.1M, an estimated increase of 22.20% from the year-ago figure. For the next quarter, 9 analysts are estimating revenue of $935.99M, an increase of 7.60% less than the figure of $22.20% in the same quarter last year. There is a high estimate of $951M for the next quarter, whereas the lowest estimate is $918.3M.
A total of 12 analysts have provided revenue estimates for ALLE’s current fiscal year. The highest revenue estimate was $3.73B, while the lowest revenue estimate was $3.65B, resulting in an average revenue estimate of $3.69B. In the same quarter a year ago, actual revenue was $3.27B, up 12.80% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $3.81B in the next fiscal year. The high estimate is $3.93B and the low estimate is $3.71B. The average revenue growth estimate for next year is up 3.10% from the average revenue estimate for this year.