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.
Many analysts weighed in on price targets for ALLE. 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. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.5 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 1.01 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 1.09 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.
The growth rate of ALLE's earnings is estimated by analysts to be 49.02 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. ALLE has a PEG ratio of 0.65.
ALLE has traded between a high of 82.90 and a low of 61.47 over the past year. The current market price is above the trailing year's low by 28.32 percent, and 4.85 percent below the 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 stock has a market capitalization of $7.54 billion. ALLE will post this quarters earnings in days, on 0000-00-00.