Allegion stock: buy or sell?
February 21st, 2020
Allegion plc manufactures and sells mechanical and electronic security products and solutions worldwide. The company offers locks, locksets, portable locks, and key systems; door closers and exit devices; electronic security products and access control systems; time, attendance, and workforce productivity systems; doors and door frames; and other accessories.
Should I buy Allegion stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to choose your own trading strategy that fits your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Allegion stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Allegion stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't detect any rating for ALLE stock for the last month.
Allegion stock analysis
After reaching all time highs on Feb/14, Allegion depreciated -1.00% today to $128.55.
Allegion depreciated -1.00% to $128.55 after marking all time highs on Feb 14th. Since November when SMA50d and SMA100d crossed up, ALLE price gained $11.71 per share (10.02%). Since price and SMA100d lines crossed up on October, ALLE climbed $26.98 (26.56%). On Feb 14th, ALLE hit a new all time high, pushing higher than on February/12 tops. Check different trading setups that use ATHs as triggers.
Shares of Allegion plunged a bloodcurdling -7.45% this week.
Allegion stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Not so far away is the last all-time high Allegion marked last week. Late August 2019 ALLE price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Since late October 2019 when SMA10w and SMA20w crossed up, ALLE price gained $15.47 per share (13.68%).
Allegion stock price history
Allegion stock went public on November 18th, 2013 with a price of $47.411. Since then, ALLE stock grew a 171.10%, with an average of 28.50% per year. If you had invested $1,000 in Allegion stock in 2013, it would worth $1,711.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Allegion stock historical price chart
ALLE stock reached all-time highs on February 14th with a price of $139.24.
Allegion stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not found any price prediction for Allegion stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share, Allegion reported its latest financial data, close to analysts' consensus and published a $1.22 Earnings per Share. As soon as we get its actual EPS from the earnings report, we will extend this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Allegion annual revenues climbed a dazzling 13.43% to $2,731.70 M USD from $2,408.20 marked in 2017. Slightly worse, its earnings margin (compared to sales) raised to 15.92%, that is $434.90 million.
|2013||$2,090 M||-||$32 M1.5%||-|
|2014||$2,118 M||1.35%||$175 M8.3%||450.94%|
|2015||$2,068 M||-2.37%||$154 M7.4%||-12.16%|
|2016||$2,238 M||8.22%||$229 M10.2%||48.86%|
|2017||$2,408 M||7.61%||$273 M11.3%||19.29%|
|2018||$2,732 M||13.43%||$435 M15.9%||59.13%|
Quarterly financial resultsAllegion reported $702.40 M in revenues for 2018-Q4, a -1.28% decline compared to previous quarter. Reported quarter earnings marked $132.80 M with a profit margin of 18.91%. Profit margin grew a 2.60% compared to previous quarter when profit margin was 16.30%. When comparing sales to same quarter last year, Allegion sales marked an exceptional increase and skyrocketed a 12.73%.
|2017-Q2||$627 M||-||$106 M16.8%||-|
|2017-Q3||$609 M||-2.81%||$90 M14.7%||-14.88%|
|2017-Q4||$623 M||2.25%||$10 M1.5%||-89.31%|
|2018-Q1||$613 M||-1.60%||$72 M11.8%||652.08%|
|2018-Q2||$705 M||14.94%||$114 M16.2%||57.76%|
|2018-Q3||$712 M||0.96%||$116 M16.3%||1.84%|
|2018-Q4||$702 M||-1.28%||$133 M18.9%||14.48%|
|2019-Q1||$655 M||-6.75%||$80 M12.2%||-39.61%|
Allegion ownershipWhen you are planning to buy a stock, it's always worth to review its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Allegion, 0.29% of all outstanding shares are owned by its staff.
Bearish positions for ALLE stock account 0.00%, no big difference from last month.
For a better context understanding, the next table shows ownership data compared to other related stocks:
|Market cap||$11.9 B|
|Total shares||92.9 M|
|Float shares||92.6 M|
|- Institutional holdings (%)||102.2%|
|- Insider holdings (%)||0.3%|
|Shares in short selling||0.0%|
|Friday, February 21st, 2020|
|Day range||$127.35 - $129.23|
|Average true range||$3.44|
|50d mov avg||$127.90|
|100d mov avg||$120.11|
|200d mov avg||$110.95|
Allegion performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We selected as the bechmarking frame for Allegion stock.
Allegion competitorsUnfortunately, we could not find any public company that could be defined as Allegion competitor. This doesn't mean Allegion does not have any competitor in the market, it's just we could not detected it.
Latest Allegion stock news
- Seeking AlphaAllegion: Unlocking Growth In A Cyclical MarketJuly 12, 2018
- Seeking AlphaAllegion: An Overlooked, Wide-Moat Former Spin-OffJuly 10, 2018
- Seeking AlphaWhy Is Allegion Different?June 6, 2018