Allegion plc (NYSE:ALLE) shares traded 0.11% higher at $148.11 on Wall Street last session.
ALLE stock price is now 5.20% away from the 50-day moving average and 8.45% away from the 200-day moving average. The market capitalization of the company currently stands at $12.74B.
With the price target of $170, JP Morgan recently initiated with Overweight rating for Allegion plc (NYSE: ALLE). On January 06, 2025, Morgan Stanley recently initiated its ‘Equal-Weight’ rating on the stock quoting a target price of $137, while ‘Barclays’ rates the stock as ‘Underweight’
In other news, Wenos Vincent, SVP – Chief Technology Officer sold 961 shares of the company’s stock on May 09 ’25. The stock was sold for $136,342 at an average price of $141.88. Upon completion of the transaction, the SVP – Chief Technology Officer now directly owns 10,434 shares in the company, valued at $1.55 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 09 ’25, Officer Vincent Wenos bought 961 shares of the business’s stock. A total of $136,337 was incurred on buying the stock at an average price of $141.87. A total of 0.43% of the company’s stock is owned by insiders.
During the past 12 months, Allegion plc has had a low of $113.27 and a high of $156.10. As of last week, the company has a debt-to-equity ratio of 1.34, a current ratio of 2.17, and a quick ratio of 1.51. According to the stock market information, the enterprise value for the company is $14054323200, which is based on a 20.79 price-to-earnings ratio, a 3.07 price-to-earnings-growth ratio, and a beta of 1.05. The fifty day moving average price for ALLE is $140.7898 and a two-hundred day moving average price translates $136.5758 for the stock.
The latest earnings results from Allegion plc (NYSE: ALLE) was released for 2025-03-31. The net profit margin was 16.28% and return on equity was 42.05% for ALLE. The company reported revenue of $941.9 million for the quarter, compared to $893.9 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.37 percent.
