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 Stock Performance

NYSE ALLE opened at $133.51 on Tuesday. The company has a current ratio of 1.71, a quick ratio of 1.29 and a debt-to-equity ratio of 1.26. The company has a market capitalization of $11.61 billion, a PE ratio of 20.51, a price-to-earnings-growth ratio of 3.19 and a beta of 1.11. The business’s 50-day moving average price is $132.14 and its 200 day moving average price is $137.42. Allegion has a twelve month low of $113.27 and a twelve month high of $156.10.

Allegion (NYSE:ALLE) last released its earnings results on Tuesday, February 18th. The scientific and technical instruments company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.75 by $0.11. Allegion had a return on equity of 45.64% and a net margin of 15.36%. On average, research analysts predict that Allegion will post 7.41 earnings per share for the current year.

Allegion Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $0.51 dividend. This is an increase from Allegion’s previous quarterly dividend of $0.48. This represents a $2.04 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date is Friday, March 14th. Allegion’s payout ratio is presently 29.49%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on ALLE shares. Morgan Stanley assumed coverage on Allegion in a report on Monday, January 6th. They set an “equal weight” rating and a $137.00 price objective on the stock. Wells Fargo & Company cut their price target on Allegion from $152.00 to $140.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. Robert W. Baird boosted their price objective on Allegion from $145.00 to $152.00 and gave the company a “neutral” rating in a research report on Friday, October 25th. Barclays decreased their price target on shares of Allegion from $137.00 to $134.00 and set an “underweight” rating on the stock in a research note on Wednesday, January 8th. Finally, StockNews.com cut shares of Allegion from a “buy” rating to a “hold” rating in a research note on Friday. One analyst has rated the stock with a sell rating and six have issued a hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $140.83.

Insider Buying and Selling

In other Allegion news, CEO John H. Stone acquired 7,500 shares of the business’s stock in a transaction on Tuesday, December 3rd. The stock was purchased at an average price of $140.70 per share, for a total transaction of $1,055,250.00. Following the transaction, the chief executive officer now owns 120,481 shares in the company, valued at $16,951,676.70. This trade represents a 6.64 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.33% of the stock is currently owned by corporate insiders.

About Allegion

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.