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 most optimistic price target was 91, which equates to a potential upside of 15.37 percent. The minimum price target given was 78, which equates to a potential downside of -1.12 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates downwards for this quarter, by about -0.5 percent on average, compared to last month. 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. 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 have revised their quarterly estimates upwards in the past 30 days, while 1 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.

Analysts estimate earnings of ALLE to grow at a rate of 49.02 percent. 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. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. 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 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.