Allegion (ALLE) to Release Quarterly Earnings on Tuesday

Allegion (NYSE:ALLE) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.94 per share for the quarter.

Allegion (NYSE ALLE) opened at $79.75 on Tuesday. The stock has a market cap of $7,459.90, a P/E ratio of 22.66, a PEG ratio of 1.32 and a beta of 1.10. The company has a quick ratio of 1.54, a current ratio of 2.14 and a debt-to-equity ratio of 3.79. Allegion has a 52 week low of $70.84 and a 52 week high of $89.81.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 29th. Stockholders of record on Thursday, March 15th will be given a $0.21 dividend. This is an increase from Allegion’s previous quarterly dividend of $0.16. This represents a $0.84 annualized dividend and a dividend yield of 1.05%. The ex-dividend date is Wednesday, March 14th. Allegion’s dividend payout ratio (DPR) is 18.18%.

Several research analysts have recently weighed in on ALLE shares. Wells Fargo & Co reissued an “outperform” rating and issued a $100.00 target price (up from $90.00) on shares of Allegion in a research report on Wednesday, October 18th. Zacks Investment Research downgraded shares of Allegion from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. BidaskClub downgraded shares of Allegion from a “buy” rating to a “hold” rating in a research report on Saturday, October 28th. Finally, Wolfe Research raised shares of Allegion from a “market perform” rating to an “outperform” rating in a research report on Monday, October 30th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Allegion currently has a consensus rating of “Buy” and an average price target of $89.75.

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About Allegion

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 (NYSE:ALLE)

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