Allegion (NYSE:ALLE) Releases FY 2025 Earnings Guidance

Allegion (NYSE:ALLE) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 7.650-7.850 for the period, compared to the consensus estimate of 7.750. The company issued revenue guidance of $3.8 billion-$3.9 billion, compared to the consensus revenue estimate of $3.9 billion.

Allegion Price Performance

ALLE opened at $126.40 on Thursday. The stock has a fifty day moving average of $131.57 and a 200-day moving average of $137.32. The firm has a market capitalization of $10.99 billion, a P/E ratio of 19.42, a PEG ratio of 3.29 and a beta of 1.11. Allegion has a 12-month low of $113.27 and a 12-month high of $156.10. The company has a quick ratio of 1.29, a current ratio of 1.71 and a debt-to-equity ratio of 1.26.

Allegion (NYSE:ALLE) last released its earnings results on Tuesday, February 18th. The scientific and technical instruments company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.75 by $0.11. The company had revenue of $945.60 million during the quarter, compared to analyst estimates of $938.91 million. Allegion had a return on equity of 45.64% and a net margin of 15.36%. Equities analysts forecast that Allegion will post 7.42 EPS for the current fiscal year.

Allegion Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a $0.51 dividend. The ex-dividend date is Friday, March 14th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.61%. This is a positive change from Allegion’s previous quarterly dividend of $0.48. Allegion’s dividend payout ratio is presently 29.49%.

Wall Street Analysts Forecast Growth

ALLE has been the subject of a number of research analyst reports. StockNews.com lowered Allegion from a “buy” rating to a “hold” rating in a report on Friday, February 14th. Robert W. Baird cut their price objective on Allegion from $152.00 to $144.00 and set a “neutral” rating for the company in a report on Wednesday. Morgan Stanley increased their price objective on Allegion from $137.00 to $139.00 and gave the stock an “equal weight” rating in a report on Wednesday. Barclays cut their price objective on Allegion from $134.00 to $130.00 and set an “underweight” rating for the company in a report on Wednesday. Finally, Wells Fargo & Company lowered their target price on shares of Allegion from $140.00 to $135.00 and set an “equal weight” rating on the stock in a research report on Wednesday. One analyst has rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $138.33.

Insiders Place Their Bets

In other news, CAO Nickolas A. Musial sold 403 shares of the firm’s 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 sale, the chief accounting officer now directly owns 4,972 shares of the company’s stock, valued at approximately $620,008.40. This trade represents a 7.50 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO John H. Stone purchased 7,500 shares of the stock in a transaction dated Tuesday, December 3rd. The stock was acquired at an average cost of $140.70 per share, for a total transaction of $1,055,250.00. Following the completion of the transaction, the chief executive officer now owns 120,481 shares of the company’s stock, valued at $16,951,676.70. The trade was a 6.64 % increase in their position. The disclosure for this purchase can be found here. 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.