Latest news with #ALLE
Yahoo
26-07-2025
- Business
- Yahoo
Allegion Second Quarter 2025 Earnings: Beats Expectations
Allegion (NYSE:ALLE) Second Quarter 2025 Results Key Financial Results Revenue: US$1.02b (up 5.8% from 2Q 2024). Net income: US$159.7m (up 2.8% from 2Q 2024). Profit margin: 16% (in line with 2Q 2024). EPS: US$1.86 (up from US$1.78 in 2Q 2024). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Allegion Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 2.2%. Looking ahead, revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Building industry in the US. Performance of the American Building industry. The company's shares are up 8.2% from a week ago. Valuation Following the latest earnings results, Allegion may be overvalued based on 6 different valuation benchmarks we assess. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Globe and Mail
22-07-2025
- Business
- Globe and Mail
Allegion Gears Up to Post Q2 Earnings: Here's What to Expect
Allegion plc ALLE is scheduled to release second-quarter 2025 results on July 24, before market open. The Zacks Consensus Estimate for ALLE's second-quarter revenues is pegged at $1 billion, indicating growth of 3.7% from the prior-year quarter's figure. The consensus mark for earnings is pinned at $2 per share, which has increased a penny in the past 30 days. The figure indicates growth of 2% from the year-ago quarter's figure. The company delivered better-than-expected results in each of the trailing four quarters, the earnings surprise being 10.1% on average. In the last reported quarter, its bottom line beat the consensus estimate by 10.7%. Let us see how things have shaped up for Allegion this earnings season. Factors Likely to Have Shaped ALLE's Quarterly Performance ALLE's Allegion Americas segment's second-quarter performance is expected to have benefited from stable demand across end markets like education, healthcare, government, hospitality and retail. The increase in demand for non-residential products is also anticipated to have augmented its top-line performance in the quarter. We expect revenues from the segment to increase 4.1% year over year to $801.9 million. An increase in demand for electronic security products, driven by growing awareness about the security and safety of people and infrastructure, is expected to have boosted the Allegion International segment's performance in the second quarter. Despite this, challenges in some European regions are likely to have hurt the segment's performance. We expect the segment's revenues to decrease 4.5% from the year-ago quarter to $186.2 million. Allegion has always been focused on expanding its product offerings and market presence through buyouts. The company acquired Lemaar Pty Ltd (Lemaar) in March 2025, enhancing its security and accessibility portfolio in Australia. In February 2025, ALLE acquired Next Door Company, which expanded its doors and frames portfolio. In June 2024, the company acquired Krieger Specialty Products. The addition of Krieger's expertise in specialty solutions enabled ALLE to strengthen its door and frame portfolio. Also, in the same month, it purchased Unicel Architectural Corp. The inclusion of Unicel's proficiency in glass and building envelope solutions expanded its product portfolio within the non-residential business. The buyouts are expected to have boosted Allegion's top line in the quarter. However, rising operating costs, owing to increased material costs and investments in new products, channel development and growth initiatives, are likely to have impacted the company's bottom line. We expect ALLE's cost of sales to increase 2.4% year over year to $550.2 million and the adjusted operating margin to decline 50 basis points to 23.2% in the second quarter. Also, given the company's extensive geographic presence, its operations are subject to foreign exchange headwinds. A stronger U.S. dollar is likely to have hurt Allegion's overseas business. Earnings Whispers Our proven model does not conclusively predict an earnings beat for ALLE this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as elaborated below. Earnings ESP: ALLE has an Earnings ESP of -0.63% as the Most Accurate Estimate is pegged at $1.99 per share, which is lower than the Zacks Consensus Estimate of $2. You can uncover the best stocks before they're reported with our Earnings ESP Filter. Zacks Rank: ALLE currently carries a Zacks Rank of 3. You can see the complete list of today's Zacks #1 Rank stocks here. Stocks to Consider Here are some companies within the broader Industrial Products sector, which according to our model, have the right combination of elements to beat on earnings in this reporting cycle. Illinois Tool Works Inc. ITW has an Earnings ESP of +1.44% and a Zacks Rank of 3 at present. The company is slated to release second-quarter 2025 results on July 30. Illinois Tool's earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 3%. Eaton Corporation plc ETN has an Earnings ESP of +0.39% and a Zacks Rank of 3 at present. The company is scheduled to release second-quarter 2025 results on Aug. 5. Eaton's earnings surpassed the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 1.9%. Emerson Electric Co. EMR has an Earnings ESP of +0.46% and a Zacks Rank of 3 at present. The company is slated to release third-quarter fiscal 2025 (ended June 2025) results on Aug. 6. Emerson's earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 3.4%. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Illinois Tool Works Inc. (ITW): Free Stock Analysis Report Emerson Electric Co. (EMR): Free Stock Analysis Report Eaton Corporation, PLC (ETN): Free Stock Analysis Report Allegion PLC (ALLE): Free Stock Analysis Report
Yahoo
09-07-2025
- Business
- Yahoo
Allegion Boosts Access Solutions Portfolio With Waitwhile Acquisition
Allegion plc ALLE recently completed the acquisition of privately owned Waitwhile Inc. (Waitwhile) through one of its subsidiaries. The financial terms of the transaction have been kept under in San Francisco, CA, Waitwhile is a software-as-a-service providing company that offers cloud-based solutions for appointment scheduling and queue management. The company provides a virtual waitlist and scheduling platform with real-time status updates, instant messaging and analytics to improve operational efficiency and reduce wait times across in-person and online services. The latest buyout is in sync with ALLE's policy of acquiring businesses to expand its market share and customer base. The addition of Waitwhile's cloud-based appointment scheduling and queue management solutions will enable Allegion to strengthen its software capabilities and digital access solutions portfolio across non-residential markets. This includes several markets like education, healthcare, government, commercial and retail. Also, the inclusion of Waitwhile's real-time updates, instant messaging and analytics will facilitate ALLE to offer its customers with improved crowd management capabilities and reduce wait are an essential aspect of Allegion's growth strategy. The company is trying to improve its long-term results by focusing on strategic acquisitions and regular innovations. In July 2025, ALLE completed the acquisition of Gatewise Incorporated (Gatewise) through one of its subsidiaries. The inclusion of Gatewise's smart access control solutions will enable Allegion to strengthen its electronic locks and the Zentra multifamily access portfolio. In the same month, ALLE acquired ELATEC to boost its global electronics portfolio in non-residential markets. ELATEC has been incorporated into the Allegion International June 2025, ALLE acquired Novas to boost its door hardware portfolio. Novas has been incorporated into the Allegion International segment. In April 2025, the company acquired Trimco Hardware (Trimco), along with its brands and various assets, through one of its subsidiaries. The inclusion of Trimco's expertise in specialty solutions, coupled with its strong innovation capabilities, enabled Allegion to boost its door and frame portfolio within the Allegion Americas segment. ALLE acquired Lemaar Pty Ltd (Lemaar) in March 2025. This acquisition boosted its security and accessibility portfolio in Australia. The acquired company has been incorporated into the Allegion International segment. In February 2025, Allegion acquired Next Door Company, which expanded its doors and frames portfolio. Next Door has been incorporated into the Allegion Americas segment. Allegion is benefiting from strength in the Allegion Americas segment, driven by an increase in demand for non-residential products across end markets like education, hospitality and retail. Growing awareness about the security and safety of people and infrastructure across the world is driving the International currently carries a Zacks Rank #2 (Buy). In the year-to-date period, the stock has gained 13.6% compared with the industry's 8.7% growth. Image Source: Zacks Investment Research Some other top-ranked companies are discussed below:Life360, Inc. LIF currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks delivered a trailing four-quarter average earnings surprise of 425%. In the past 60 days, the Zacks Consensus Estimate for Life360's 2025 earnings has increased 20%. Holdings, Inc. ALRM presently sports a Zacks Rank of 1. It has a trailing four-quarter average earnings surprise of 15.7%.The Zacks Consensus Estimate for ALRM's 2025 earnings has increased 0.4% in the past 60 Inc. BWEN presently carries a Zacks Rank #2 (Buy). The company delivered a trailing four-quarter average earnings surprise of 61.1%.In the past 60 days, the consensus estimate for BWEN's 2025 earnings has increased 14.3%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Broadwind Energy, Inc. (BWEN) : Free Stock Analysis Report Allegion PLC (ALLE) : Free Stock Analysis Report Holdings, Inc. (ALRM) : Free Stock Analysis Report Life360, Inc. (LIF) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
08-07-2025
- Business
- Yahoo
Allegion Boosts Product Portfolio With the Acquisition of Gatewise
Allegion plc ALLE recently completed the acquisition of Gatewise Incorporated (Gatewise) through one of its subsidiaries. The financial terms of the transaction have been kept under in Houston, TX, Gatewise is a software-as-a-service providing company that delivers modern and upgradable gate entry systems for multifamily communities. The company offers a mobile app for residents and an online portal for property managers to control access. The latest buyout is in sync with ALLE's policy of acquiring businesses to expand its market share and customer base. The inclusion of Gatewise's smart access control solutions will enable Allegion to strengthen its electronic locks and the Zentra multifamily access portfolio. Also, Gatewise's cloud-based management portal and mobile app will help ALLE to enhance user experience for multifamily property owners and residents by simplifying access management across gates, common areas and individual are an essential aspect of Allegion's growth strategy. The company is trying to improve its long-term results by focusing on strategic acquisitions and regular innovations. In July 2025, ALLE acquired ELATEC to boost its global electronics portfolio in non-residential markets. ELATEC has been incorporated into the Allegion International June 2025, ALLE acquired Novas to boost its door hardware portfolio. Novas has been incorporated into the Allegion International segment. In April 2025, the company acquired Trimco Hardware (Trimco), along with its brands and various assets, through one of its subsidiaries. The inclusion of Trimco's expertise in specialty solutions, coupled with its strong innovation capabilities, enabled Allegion to boost its door and frame portfolio within the Allegion Americas segment. ALLE acquired Lemaar Pty Ltd (Lemaar) in March 2025. This acquisition boosted its security and accessibility portfolio in Australia. The acquired company has been incorporated into the Allegion International segment. In February 2025, Allegion acquired Next Door Company, which expanded its doors and frames portfolio. Next Door has been incorporated into the Allegion Americas segment. Allegion is benefiting from strength in the Allegion Americas segment, driven by an increase in demand for non-residential products across end markets like education, hospitality and retail. Growing awareness about the security and safety of people and infrastructure across the world is driving the International currently carries a Zacks Rank #2 (Buy). In the year-to-date period, the stock has gained 13.3% compared with the industry's 8.2% growth. Image Source: Zacks Investment Research Some other top-ranked companies are discussed below:Life360, Inc. LIF currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks delivered a trailing four-quarter average earnings surprise of 425%. In the past 60 days, the Zacks Consensus Estimate for Life360's 2025 earnings has increased 20%. Holdings, Inc. ALRM presently carries a Zacks Rank of 2. It has a trailing four-quarter average earnings surprise of 15.7%.The Zacks Consensus Estimate for ALRM's 2025 earnings has increased 0.4% in the past 60 Inc. BWEN presently carries a Zacks Rank of 2. The company delivered a trailing four-quarter average earnings surprise of 61.1%.In the past 60 days, the consensus estimate for BWEN's 2025 earnings has increased 14.3%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Broadwind Energy, Inc. (BWEN) : Free Stock Analysis Report Allegion PLC (ALLE) : Free Stock Analysis Report Holdings, Inc. (ALRM) : Free Stock Analysis Report Life360, Inc. (LIF) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
03-07-2025
- Business
- Yahoo
What to Expect From Allegion's Next Quarterly Earnings Report
With a market cap of $12.7 billion, Allegion plc (ALLE) is a global leader in providing security products and solutions for residential, commercial, and institutional markets. With a robust portfolio of mechanical and electronic security offerings under brands like Schlage, LCN, and SimonsVoss, Allegion serves customers worldwide through a diverse mix of distribution, retail, and e-commerce channels. The Dublin, Ireland-based company is expected to release its fiscal Q2 2025 earnings results on Wednesday, Jul. 23. Ahead of this event, analysts project ALLE to report an adjusted EPS of $2, up over 2% from $1.96 in the year-ago quarter. The company has exceeded Wall Street's bottom-line estimates in the last four quarters. In Q1 2025, Allegion surpassed the consensus adjusted EPS estimate by 10.7%. Is UnitedHealth Stock a Buy, Sell, or Hold for July 2025? Michael Saylor Says 'You'll Wish You'd Bought More' Bitcoin as MicroStrategy Doubles Down Is Microsoft Stock About to Go Nuclear? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. For fiscal 2025, analysts forecast the security device maker to report adjusted EPS of $7.82, up 3.9% from $7.53 in fiscal 2024. Moreover, adjusted EPS is expected to grow 7.2% year-over-year to $8.38 in fiscal 2026. Over the past 52 weeks, Allegion has increased 27.4%, outperforming the broader S&P 500 Index's ($SPX) over 13% return and the Industrial Select Sector SPDR Fund's (XLI) 22.2% gain over the same period. Shares of Allegion climbed 10.3% on Apr. 24 following a strong Q1 2025 earnings report. The company reported adjusted EPS of $1.86, a 20% year-over-year increase and above analysts' estimates. Revenue rose 5.4% to $941.9 million, driven by robust performance in the Americas non-residential segment, which grew high-single digits and lifted the region's adjusted operating margin by 130 basis points to 29.2%. Investor sentiment was further boosted by the company's reaffirmed full-year adjusted EPS outlook of $7.65 to $7.85. Analysts' consensus view on Allegion stock is cautious, with an overall 'Hold' rating. Among 10 analysts covering the stock, three suggest a "Strong Buy," five give a "Hold," one recommends a 'Moderate Sell,' and one provides a "Strong Sell" rating. As of writing, ALLE is trading above the average analyst price target of $143.78. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
