Stay informed on ALLE stock with the most important news summaries, insider trading, valuation highlights and analyst recommendations

ALLE stock news: A summarized overview for you, just the bottom line of the most recent news items!

Last Updated: May 09, 2024
  • Q1 2024 Earnings Update for Allegion Investors
    • Allegion's Q1 2024 financial fireworks beat the street! 💥 Revenue's up, and it seems they've found the secret sauce in the security biz, proving resilience isn't just a buzzword for them. Investors, take a front row seat; this show's just getting started.
    • The market's giving Allegion two thumbs up, sending its stock price on a joyful rally. 🚀 This nods to a hearty investor trust cocktail, mixed with optimism for Allegion's shimmery financial horizon. If you're holding shares, you're probably wearing a smile today.
    • Watch the domino effect ignite! 🔥 Allegion's slam-dunk start to 2024 is sprinkling fairy dust on the security sector, hinting at a bullish trend. Keep your eyes peeled, folks; this could be the wind beneath the wings of related stocks. Anyone keen on security stocks might want to sharpen their pencils.

Real-time price chart of ALLE stock

Stay up-to-date with the latest performance of Allegion, (ALLE) through our real-time stock chart, providing live insights into its market movements

ALLE stock valuation - less noise, just the highlights

  • ALLE's forward P/E ratio of 16.25 indicates a favorable valuation compared to the current P/E of 20.25, suggesting that Allegion's earnings are expected to grow, potentially offering a more attractive investment opportunity for those evaluating ALLE valuation.
  • With a consistent EPS growth over the past 5 years at 5.98% and an expected EPS growth rate for the next 5 years at 6.60%, ALLE demonstrates a solid track record and promising future earnings growth, reinforcing Allegion's valuation as a durable investment.
  • Allegion's sales growth over the past 5 years stands at 6.18%, reflecting steady revenue growth. This consistent performance, coupled with the company's ability to generate free cash flow with a P/FCF ratio of 22.11, showcases ALLE's financial health and efficiency, making it a compelling choice for investors and traders focusing on ALLE valuation.

Stay informed with the latest ALLE stock analyst recommendations:

  • ALLE analyst recommendations trend towards cautious optimism, with Mizuho downgrading from Buy to Neutral yet raising the price target from $140 to $141 in Feb 2023, indicating a nuanced view on Allegion's stock value.
  • Despite several downgrades in the past year, Allegion maintains a diverse range of analyst ratings from Buy to Underperform, suggesting a varied outlook on its financial health and market potential for traders to consider.
  • Recent actions by major financial institutions, including upgrades by Vertical Research and initiation of Overweight ratings by Wells Fargo and Atlantic Equities, underscore a foundation of underlying confidence in Allegion's market position and future growth prospects.

Stay updated on ALLE stock insider trading with these key points:

  • Significant Purchases by High-Level Insiders: The recent buy by John H. Stone, President and CEO, of 10,000 shares at a cost of $132.41 each, signals strong confidence in ALLE's future prospects. For investors and traders, a high-level insider making substantial purchases can be seen as a bullish signal, implying the stock may be undervalued or expected to perform well.
  • Active Insider Selling at High Prices: There has been notable selling activity by insiders, such as Timothy P. Eckersley, Sr. VP-Allegion International, who sold shares at prices ranging from $118 to $132.75. While insider selling isn't always a sign of trouble, heavy sales at price peaks could suggest that insiders might believe the stock is fully valued or overvalued, serving as a cautionary signal for potential investors.
  • Executive Option Exercises and Sales: The exercise of options followed by immediate sales, as seen with insiders like Robert C. Martens, SVP Chief Innovation & Design, indicates insiders are willing to convert their options into cash rather than holding onto the shares. This activity often reflects insiders' views on the stock's valuation, which might help investors gauge market sentiment and potential stock performance.

ALLE technical analysis

Unlock insights to make smarter investment decisions with this real-time technical analysis tool. Dive in to see the latest buy and sell signals tailored for today's dynamic market. Get the market's inside scoop in a flash! Peek at our fun and user-friendly ratings to see what it is whispering about your ALLE stock, within various timeframes.

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Please note that this content regarding ALLE stock is for informational purposes only, includes opinions and not recommendations, and is not intended as investment or trading advice; invest in and/or trade ALLE at your own risk only.

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