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.
A number of analysts gave price targets for ALLE. The most optimistic price target was 91, implying potential capital gains of 15.37 percent. The most pessimistic price target 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. 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.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, 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. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. ALLE has a PEG ratio of 0.65.
ALLE has a 52-week high of 82.90 and a 52-week low of 61.47. Currently the stock is 28.32 percent higher than its 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 will post this quarters earnings in days, on 0000-00-00.