A share price of Allegion plc [ALLE] is currently trading at $125.78, down -0.47%. An important factor to consider is whether the stock is rising or falling in short-term value. The ALLE shares have lost -2.59% over the last week, with a monthly amount drifted -4.23%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Allegion plc [NYSE: ALLE] stock has seen the most recent analyst activity on February 23, 2024, when Mizuho downgraded its rating to a Neutral and also boosted its price target to $141 from $140. Previously, Wells Fargo downgraded its rating to Equal Weight on February 21, 2024, and elevated its price target to $140. On December 04, 2023, downgrade downgraded it’s rating to Equal Weight and revised its price target to $119 on the stock. Vertical Research downgraded its rating to a Hold and decreased its price target to $100 on October 19, 2023. Longbow downgraded its rating to a Neutral. Vertical Research upgraded its rating to Buy for this stock on January 03, 2023, but kept the price target unchanged to $128. In a note dated July 11, 2022, BofA Securities downgraded an Underperform rating on this stock but restated the target price of $110.
Allegion plc experienced fluctuations in its stock price throughout the past year between $95.94 and $136.91. Currently, Wall Street analysts expect the stock to reach $133.4 within the next 12 months. Allegion plc [NYSE: ALLE] shares were valued at $125.78 at the most recent close of the market. An investor can expect a potential return of 6.06% based on the average ALLE price forecast.
Analyzing the ALLE fundamentals
Trailing Twelve Months sales for Allegion plc [NYSE:ALLE] were 3.65B which represents 4.17% growth. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.46 and Total Capital is 0.22. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.53.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 125.04 points at the first support level, and at 124.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 127.09, and for the 2nd resistance point, it is at 128.39.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Allegion plc [NYSE:ALLE] is 1.26. On the other hand, the Quick Ratio is 0.85, and the Cash Ratio is 0.43. Considering the valuation of this stock, the price to sales ratio is 3.02, the price to book ratio is 8.35 and price to earnings (TTM) ratio is 20.55.
Transactions by insiders
Recent insider trading involved Eckersley Timothy P, Sr. VP-Allegion International, that happened on Mar 12 ’24 when 2291.0 shares were sold. Sr. VP-Allegion International, Eckersley Timothy P completed a deal on Mar 11 ’24 to sell 5089.0 shares. Meanwhile, Sr. VP-Allegion International Eckersley Timothy P sold 5047.0 shares on Mar 11 ’24.
