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, implying a possible profit of 15.37 percent. The most pessimistic price target was 78, implying a possible loss of -1.12 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates downwards for this quarter, by about -0.5 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.01 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 1.09 percent in FY estimates.

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

The growth rate of ALLE's earnings is estimated by analysts to be 49.02 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 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. Currently the stock is 28.32 percent higher than its low, and 4.85 percent below the high. ALLE has a price/earnings 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 stock has a market capitalization of $7.54 billion. ALLE will post this quarters earnings in days, on 0000-00-00.