Expert Outlook: Allegion Through The Eyes Of 4 Analysts

Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on Allegion ALLE in the last three months.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 0 4 0 0
Last 30D 0 0 1 0 0
1M Ago 0 0 0 0 0
2M Ago 0 0 3 0 0
3M Ago 0 0 0 0 0

In the assessment of 12-month price targets, analysts unveil insights for Allegion, presenting an average target of $131.0, a high estimate of $141.00, and a low estimate of $121.00. This current average has increased by 0.96% from the previous average price target of $129.75.

price target chart

Investigating Analyst Ratings: An Elaborate Study

The analysis of recent analyst actions sheds light on the perception of Allegion by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Julian Mitchell Barclays Raises Equal-Weight $122.00 $121.00
Brett Linzey Mizuho Raises Neutral $141.00 $140.00
Julian Mitchell Barclays Raises Equal-Weight $121.00 $119.00
Joseph O'Dea Wells Fargo Raises Equal-Weight $140.00 $139.00

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Allegion. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Allegion compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Allegion's stock. This comparison reveals trends in analysts' expectations over time.

Capture valuable insights into Allegion's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Allegion analyst ratings.

Get to Know Allegion Better

Allegion is a global security products company with a portfolio of leading brands such as Schlage, Von Duprin, and LCN. The Ireland-domiciled company was created via a spinoff transaction from Ingersoll-Rand in December 2013. In fiscal 2023, Allegion generated 75% of sales in the United States. The company primarily competes with Sweden-based Assa Abloy and Switzerland-based Dormakaba.

Allegion: Financial Performance Dissected

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Revenue Growth: Over the 3 months period, Allegion showcased positive performance, achieving a revenue growth rate of 4.17% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 13.22%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Allegion's ROE excels beyond industry benchmarks, reaching 9.3%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Allegion's ROA excels beyond industry benchmarks, reaching 2.79%. This signifies efficient management of assets and strong financial health.

Debt Management: With a high debt-to-equity ratio of 1.53, Allegion faces challenges in effectively managing its debt levels, indicating potential financial strain.

Analyst Ratings: Simplified

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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