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Allegion PLC ALLE Stock Quote

| Rating as of

NYSE: ALLE

Last close prices updated as of Feb 06, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 120.87
  • Sector Industrials
  • Industry Security & Protection Services
  • Investment Style Mid Blend
  • Day Range 120.68  –  123.20
  • Year Range 87.33  –  125.39
  • Market Cap 10.6178 Bil
  • Volume / Avg 475,940.0 /  566,836.2
  • Price / Sales 3.44
  • Price / Book 13.42
  • Forward Div Yield 1.36%
  • Trailing Div Yield 1.36%

Morningstar‘s Stock Analysis ALLE

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Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

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Capital Allocation

INVESTOR

Allegion's Pricing Power on Full Display as Company Reports Strong Third-Quarter Results

Brian Bernard Sector Director

Business Strategy and Outlook

| Brian Bernard |

Allegion, a global leader in security products and solutions, was spun off from Ingersoll-Rand in December 2013. No longer forced to compete for capital from a conglomerate parent, Allegion is now able to employ a more robust acquisition strategy to expand its scale, technological capabilities, and product portfolio. At over 70% of sales and 80% of segment profitability, Allegion’s Americas segment is the firm’s largest and strongest business, with a leading position in locks, exit devices, and door controls. The Americas business has been the key driver of Allegion’s stable, industry-leading profitability, which is a testament to the firm’s market position and pricing power. We expect the Americas business to post mid-to-high single-digit organic growth after the coronavirus-fueled downturn in 2020-21 as the segment capitalizes on increased retrofit and upgrade spending across commercial and residential end markets that is driven by the convergence of electronics and mechanical security solutions. The segment’s already strong profit margins should benefit from a mix-shift to higher-priced electronics products and operating leverage on increased volumes, partially offset by structurally lower profit margins from the acquired access technologies business.

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Key Statistics ALLE

Company Profile ALLE

Business Description

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 2021, Allegion generated 68% of sales in the United States. The company mainly competes with Sweden-based Assa Abloy AB and Switzerland-based Dormakaba.

Contact
Harcourt Road, Iveagh Court, Block D
Dublin 2, D02 VH94, IRL
Industry Security & Protection Services
Employees 11,000

Related Articles ALLE

FAQs for Allegion PLC Stock

No. ALLE does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

ALLE’s market cap is 10.62 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

ALLE’s stock style is Mid Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

ALLE’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare ALLE’s historical performance against its industry peers and the overall market.