Allegion PLC (NYSE:ALLE) is set to issue its quarterly earnings data before the market opens on Thursday, July 27th. Analysts expect the company to announce earnings of $1.00 per share for the quarter. Allegion PLC has set its FY17 guidance at $3.55-3.70 EPS.

Allegion PLC (NYSE:ALLE) last issued its earnings results on Thursday, April 27th. The scientific and technical instruments company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.04. Allegion PLC had a net margin of 10.50% and a return on equity of 234.79%. The firm had revenue of $548.80 million for the quarter, compared to analyst estimates of $536.97 million. During the same quarter last year, the business posted $0.61 earnings per share. The company’s quarterly revenue was up 9.3% on a year-over-year basis. On average, analysts expect Allegion PLC to post $3.73 EPS for the current fiscal year and $4.24 EPS for the next fiscal year.

Shares of Allegion PLC (ALLE) opened at 80.70 on Thursday. Allegion PLC has a 12 month low of $61.47 and a 12 month high of $82.90. The firm has a 50-day moving average of $80.39 and a 200-day moving average of $75.03. The firm has a market cap of $7.69 billion, a price-to-earnings ratio of 32.69 and a beta of 1.11.

ALLE has been the topic of a number of research reports. Zacks Investment Research raised shares of Allegion PLC from a “sell” rating to a “hold” rating in a report on Thursday, March 23rd. BidaskClub downgraded shares of Allegion PLC from a “buy” rating to a “hold” rating in a report on Sunday. Robert W. Baird downgraded shares of Allegion PLC from an “outperform” rating to a “neutral” rating and lifted their price target for the company from $80.00 to $85.00 in a report on Friday, April 28th. Imperial Capital lifted their price target on shares of Allegion PLC from $79.00 to $85.00 and gave the company an “outperform” rating in a report on Monday, May 15th. Finally, Wolfe Research began coverage on shares of Allegion PLC in a report on Tuesday, July 11th. They set a “market perform” rating on the stock. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $86.00.

In other news, insider Todd V. Graves sold 1,858 shares of the business’s stock in a transaction on Friday, June 2nd. The shares were sold at an average price of $79.19, for a total value of $147,135.02. Following the transaction, the insider now owns 12,084 shares of the company’s stock, valued at $956,931.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Jeffrey M. Wood sold 4,071 shares of the business’s stock in a transaction on Friday, April 28th. The stock was sold at an average price of $79.87, for a total transaction of $325,150.77. Following the completion of the transaction, the insider now directly owns 1,938 shares in the company, valued at approximately $154,788.06. The disclosure for this sale can be found here. Insiders have sold 13,384 shares of company stock worth $1,064,660 in the last ninety days. Insiders own 0.64% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Allegion PLC (NYSE:ALLE) to Release Quarterly Earnings on Thursday” was originally published by American Banking News and is the property of of American Banking News. If you are viewing this story on another publication, it was copied illegally and republished in violation of US & international trademark and copyright legislation. The original version of this story can be viewed at

Allegion PLC Company Profile

Allegion Public Limited Company is a provider of security products and solutions. The Company offers a portfolio of mechanical and electronic security products across a range of brands. Its segments include Americas; Europe, Middle East, India and Africa (EMEIA), and Asia Pacific. Its products include door closers and controls; door and door frames (steel); electronic security products; electronic and biometric access control systems; exit devices; locks, locksets, portable locks and key systems; time, attendance and workforce productivity systems, and other accessories.

Earnings History for Allegion PLC (NYSE:ALLE)

Receive News & Ratings for Allegion PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allegion PLC and related companies with's FREE daily email newsletter.