Analyst Ratings for Allegion PLC (ALLE)

Updated: 2017-07-26

Analysts covering Allegion PLC (NYSE:ALLE) have given it a consensus rating of Overweight. ALLE had previously received a consensus rating of Overweight a month ago.

Of the 11 analysts covering the stock, 5 gave it a buy rating, 1 issued an overweight rating, 5 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 2 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

ALLE was given price targets by several analysts. The maximum price target given was 91, which equates to a potential upside of 15.37 percent. The lowest price target was 78, implying potential capital losses of -1.12 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.5 percent. That number becomes 1.01 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.09 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 1 analysts that revised their FY estimates downwards.

ALLE has an estimated earnings growth rate of 49.02 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of ALLE is 0.65.

In the trailing 52-weeks, ALLE hit 82.90 at the highest peak, while it's lowest trading point was 61.47. Today's price is 28.32 percent above the 52-week low, and 4.85 percent lower than its 52-week high. ALLE has a P/E ratio of 31.83. Investors typically compare the P/E ratio to a company's peers in the industry. The ALLE value stock report compares ALLE to some of its peers using value stock charts. The market cap of ALLE is $7.54 billion. ALLE will post this quarters earnings in days, on 0000-00-00.