Latest news with #Allegionplc
Business Wire
11-07-2025
- Business
- Business Wire
Allegion Schedules Conference Call, Webcast to Announce 2025 Second-Quarter Results
DUBLIN--(BUSINESS WIRE)-- Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, will release its 2025 second-quarter financial results on Thursday, July 24, before the market opens. Later that morning, John H. Stone, president and CEO, and Mike Wagnes, senior vice president and chief financial officer, will conduct a conference call for analysts and investors, beginning at 8 a.m. ET, to review the company's results. A real-time, listen-only webcast of the conference call will be broadcast live, through the company's website at The conference call may be accessed by dialing 1-877-883-0383 in the United States or 1-412-902-6506 internationally and entering Conference ID 7595276. Listeners should dial in at least 10 minutes prior to the start of the call. For those unable to listen to the live event, a replay will be available on the company's website later that day. About Allegion At Allegion (NYSE: ALLE), we design and manufacture innovative security and access solutions that help keep people safe where they live, learn, work and connect. We're pioneering safety with our strong legacy of leading brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. Our comprehensive portfolio of hardware, software and electronic solutions is sold around the world and spans residential and commercial locks, door closer and exit devices, steel doors and frames, access control and workforce productivity systems. Allegion had $3.8 billion in revenue in 2024. For more, visit
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
Yahoo
17-04-2025
- Business
- Yahoo
Is Allegion Public Limited Co. (ALLE) an Undervalued Stock?
Fiduciary Management Inc. (FMI), an independent money management firm, released its first-quarter 2025 investor letter. A copy of the letter can be downloaded here. US stock markets experienced a decline in Q1 due to changing trade policies and skepticism about AI, with the S&P 500 Index and Russell 2000 Index falling 4.27% and 9.48%, respectively. Consumer confidence fell to a 12-year low amid uncertainty. International stock markets performed better. Value equities are outperforming the growth stock so far in 2025, which is encouraging. All the FMI portfolios have an active share above 90%. The firm's focus is to find the best opportunities, and it has successfully executed a disciplined, value-oriented process for over 45 years. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Fiduciary Management Inc. highlighted stocks such as Allegion plc (NYSE:ALLE). Allegion plc (NYSE:ALLE) offers security products and solutions. The one-month return of Allegion plc (NYSE:ALLE) was -2.74%, and its shares lost 0.52% of their value over the last 52 weeks. On April 16, 2025, Allegion plc (NYSE:ALLE) stock closed at $125.13 per share with a market capitalization of $10.798 billion. Fiduciary Management Inc. stated the following regarding Allegion plc (NYSE:ALLE) in its Q1 2025 investor letter: "Allegion plc (NYSE:ALLE) is a leading global provider of security products and solutions, with a particularly strong presence in the attractive U.S. non-residential markets. While these markets are economically sensitive (cyclical) and many are currently weakening, the industry has grown reliably over time with the installed base of buildings and homes (approximately half of sales driven by aftermarket), rising desire for safety, security, and privacy, and increasing adoption of electronic products which enable enhanced efficiency, safety, and control. The commercial electronic security hardware market is dominated by three players (ASSA ABLOY, Allegion, Dormakaba), who are estimated to control 70-80% of the global market share. Allegion's trusted brands (Schlage, Kryptonite, Stanley Access Technologies, etc.), large installed base, efficient manufacturing/service levels, technical and specifications expertise, and channel relationships built over decades make the company's position in these markets very difficult to replicate. The stock is trading well below the market, which we view as attractive given its above average business quality." A team of employees in a laboratory setting, testing and creating revolutionary security products. Allegion plc (NYSE:ALLE) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 36 hedge fund portfolios held Allegion plc (NYSE:ALLE) at the end of the fourth quarter which was 26 in the previous quarter. Allegion plc's (NYSE:ALLE) revenue for the fourth quarter increased by 5.4% year-over-year to $945.6 million. While we acknowledge the potential of Allegion plc (NYSE:ALLE) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. We covered Allegion plc (NYSE:ALLE) in another article, where we shared the list of large-cap stocks with insider buying in 2025. FMI Large Cap Equity Strategy initiated a position in Allegion plc (NYSE:ALLE) in the previous quarter. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
06-04-2025
- Business
- Yahoo
Allegion (NYSE:ALLE) sheds 3.6% this week, as yearly returns fall more in line with earnings growth
The main point of investing for the long term is to make money. Furthermore, you'd generally like to see the share price rise faster than the market. But Allegion plc (NYSE:ALLE) has fallen short of that second goal, with a share price rise of 30% over five years, which is below the market return. The last year has been disappointing, with the stock price down 6.6% in that time. Since the long term performance has been good but there's been a recent pullback of 3.6%, let's check if the fundamentals match the share price. 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. In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. Over half a decade, Allegion managed to grow its earnings per share at 10% a year. The EPS growth is more impressive than the yearly share price gain of 5% over the same period. So it seems the market isn't so enthusiastic about the stock these days. The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image). It's probably worth noting we've seen significant insider buying in the last quarter, which we consider a positive. On the other hand, we think the revenue and earnings trends are much more meaningful measures of the business. Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here. . When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of Allegion, it has a TSR of 39% for the last 5 years. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence! We regret to report that Allegion shareholders are down 5.1% for the year (even including dividends). Unfortunately, that's worse than the broader market decline of 2.0%. Having said that, it's inevitable that some stocks will be oversold in a falling market. The key is to keep your eyes on the fundamental developments. Longer term investors wouldn't be so upset, since they would have made 7%, each year, over five years. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. It's always interesting to track share price performance over the longer term. But to understand Allegion better, we need to consider many other factors. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for Allegion you should know about. If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: most of them are flying under the radar). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. 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.
Yahoo
18-02-2025
- Business
- Yahoo
Allegion's (NYSE:ALLE) Q4 Sales Top Estimates
Security hardware provider Allegion (NYSE:ALLE) reported Q4 CY2024 results exceeding the market's revenue expectations , with sales up 5.4% year on year to $945.6 million. Its non-GAAP profit of $1.86 per share was 6.3% above analysts' consensus estimates. Is now the time to buy Allegion? Find out in our full research report. Revenue: $945.6 million vs analyst estimates of $937.9 million (5.4% year-on-year growth, 0.8% beat) Adjusted EPS: $1.86 vs analyst estimates of $1.75 (6.3% beat) Adjusted EPS guidance for the upcoming financial year 2025 is $7.75 at the midpoint, in line with analyst estimates Operating Margin: 19.5%, up from 17.8% in the same quarter last year Free Cash Flow Margin: 20.6%, down from 21.8% in the same quarter last year Organic Revenue rose 3.5% year on year, in line with the same quarter last year Market Capitalization: $11.43 billion 'Allegion delivered a record year in 2024 – a year marked by consistent, strong execution, solid margin expansion and balanced capital deployment,' said Allegion President and CEO John H. Stone. Allegion plc (NYSE:ALLE) is a provider of security products and solutions that keep people and assets safe and secure in various environments. Like many equipment and component manufacturers, electrical systems companies are buoyed by secular trends such as connectivity and industrial automation. More specific pockets of strong demand include Internet of Things (IoT) connectivity and the 5G telecom upgrade cycle, which can benefit companies whose cables and conduits fit those needs. But like the broader industrials sector, these companies are also at the whim of economic cycles. Interest rates, for example, can greatly impact projects that drive demand for these products. A company's long-term sales performance can indicate its overall quality. Any business can put up a good quarter or two, but many enduring ones grow for years. Over the last five years, Allegion grew its sales at a tepid 5.7% compounded annual growth rate. This fell short of our benchmark for the industrials sector, but there are still things to like about Allegion. Long-term growth is the most important, but within industrials, a half-decade historical view may miss new industry trends or demand cycles. Allegion's annualized revenue growth of 7.4% over the last two years is above its five-year trend, but we were still disappointed by the results. We can dig further into the company's sales dynamics by analyzing its organic revenue, which strips out one-time events like acquisitions and currency fluctuations that don't accurately reflect its fundamentals. Over the last two years, Allegion's organic revenue averaged 3.9% year-on-year growth. Because this number is lower than its normal revenue growth, we can see that some mixture of acquisitions and foreign exchange rates boosted its headline results. This quarter, Allegion reported year-on-year revenue growth of 5.4%, and its $945.6 million of revenue exceeded Wall Street's estimates by 0.8%. Looking ahead, sell-side analysts expect revenue to grow 2.8% over the next 12 months, a deceleration versus the last two years. This projection doesn't excite us and indicates its products and services will see some demand headwinds. At least the company is tracking well in other measures of financial health. Software is eating the world and there is virtually no industry left that has been untouched by it. That drives increasing demand for tools helping software developers do their jobs, whether it be monitoring critical cloud infrastructure, integrating audio and video functionality, or ensuring smooth content streaming. Click here to access a free report on our 3 favorite stocks to play this generational megatrend. Allegion has been a well-oiled machine over the last five years. It demonstrated elite profitability for an industrials business, boasting an average operating margin of 18.5%. This result isn't surprising as its high gross margin gives it a favorable starting point. Looking at the trend in its profitability, Allegion's operating margin rose by 5.9 percentage points over the last five years, showing its efficiency has meaningfully improved. This quarter, Allegion generated an operating profit margin of 19.5%, up 1.7 percentage points year on year. The increase was encouraging, and since its operating margin rose more than its gross margin, we can infer it was recently more efficient with expenses such as marketing, R&D, and administrative overhead. Revenue trends explain a company's historical growth, but the long-term change in earnings per share (EPS) points to the profitability of that growth – for example, a company could inflate its sales through excessive spending on advertising and promotions. Allegion's EPS grew at a decent 9% compounded annual growth rate over the last five years, higher than its 5.7% annualized revenue growth. This tells us the company became more profitable on a per-share basis as it expanded. We can take a deeper look into Allegion's earnings to better understand the drivers of its performance. As we mentioned earlier, Allegion's operating margin expanded by 5.9 percentage points over the last five years. On top of that, its share count shrank by 6.9%. These are positive signs for shareholders because improving profitability and share buybacks turbocharge EPS growth relative to revenue growth. Like with revenue, we analyze EPS over a more recent period because it can provide insight into an emerging theme or development for the business. For Allegion, its two-year annual EPS growth of 12.2% was higher than its five-year trend. This acceleration made it one of the faster-growing industrials companies in recent history. In Q4, Allegion reported EPS at $1.86, up from $1.68 in the same quarter last year. This print beat analysts' estimates by 6.3%. Over the next 12 months, Wall Street expects Allegion's full-year EPS of $7.53 to grow 2.7%. It was encouraging to see Allegion beat analysts' revenue and EPS expectations this quarter. Full-year EPS guidance was in line, providing no surprises. Overall, this was a fine quarter. The stock remained flat at $133.39 immediately following the results. Is Allegion an attractive investment opportunity right now? When making that decision, it's important to consider its valuation, business qualities, as well as what has happened in the latest quarter. We cover that in our actionable full research report which you can read here, it's free.
