Allegion stock: buy or sell?

ALLE stock price: $128.55 -1.00% At close on February 21st, 2020

Updated on:
February 21st, 2020

3

After topping to all time highs on February 14th, Allegion depreciated -1.00% to $128.55. With Friday it's been 4 red days in a row.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean ALLE will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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

Daily outlook

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.

ALLE stock chart (daily)

Weekly outlook

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%).

ALLE stock chart (weekly)

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 target

How 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.
ALLE earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a1.1n/a
2017-Q32017-10-261.021.020.0%
2017-Q42018-02-200.941.1118.1%
2018-Q12018-04-260.840.8-4.8%
2018-Q22018-07-261.21.254.2%
2018-Q32018-10-251.211.231.7%
2018-Q42019-02-191.211.220.8%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 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.

ALLE annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$2,090 M-$32 M1.5%-
2014$2,118 M1.35%$175 M8.3%450.94%
2015$2,068 M-2.37%$154 M7.4%-12.16%
2016$2,238 M8.22%$229 M10.2%48.86%
2017$2,408 M7.61%$273 M11.3%19.29%
2018$2,732 M13.43%$435 M15.9%59.13%

Quarterly financial results

Allegion 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%.
ALLE quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$627 M-$106 M16.8%-
2017-Q3$609 M-2.81%$90 M14.7%-14.88%
2017-Q4$623 M2.25%$10 M1.5%-89.31%
2018-Q1$613 M-1.60%$72 M11.8%652.08%
2018-Q2$705 M14.94%$114 M16.2%57.76%
2018-Q3$712 M0.96%$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 ownership

When 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:

ALLE
Market cap$11.9 B
Total shares92.9 M
Float shares92.6 M
  - Institutional holdings (%)102.2%
  - Insider holdings (%)0.3%
Shares in short selling0.0%

Allegion summary

Friday, February 21st, 2020
Open$129.23
Close$128.55
Day range$127.35 - $129.23
Previous close$129.85
Session gain-1.00%
Average true range$3.44
50d mov avg$127.90
100d mov avg$120.11
200d mov avg$110.95
Daily pattern
Weekly pattern lt06a

Allegion performance

Performance 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.
Stock3m6m12m
ALLEAllegion8.22%38.29%44.83%

Allegion competitors

Unfortunately, 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