Media headlines about Allegion PLC (NYSE:ALLE) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Allegion PLC earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave news headlines about the scientific and technical instruments company an impact score of 46.8623642510458 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:
- Global Access Control market outlook 2017-2024 growth, opportunity, manufacturer, key players, forecast (itbusinessnet.com)
- Intrusion Detection Systems Market Size to Grow at a Steady Rate During Forecast Period 2017-2025 (sbwire.com)
- $609.65 Million in Sales Expected for Allegion PLC (ALLE) This Quarter (americanbankingnews.com)
- Residential Security Market Research with Future scope, industry size and Outlook 2025 (emailwire.com)
Shares of Allegion PLC (NYSE:ALLE) opened at $82.65 on Friday. Allegion PLC has a 52-week low of $63.71 and a 52-week high of $89.81. The stock has a market capitalization of $7,855.30, a PE ratio of 22.52, a PEG ratio of 1.55 and a beta of 1.10. The company has a debt-to-equity ratio of 3.79, a quick ratio of 1.54 and a current ratio of 2.14.
Allegion PLC (NYSE:ALLE) last announced its quarterly earnings data on Thursday, October 26th. The scientific and technical instruments company reported $1.02 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.02. The firm had revenue of $609.40 million during the quarter, compared to analyst estimates of $622.18 million. Allegion PLC had a return on equity of 154.50% and a net margin of 14.37%. Allegion PLC’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.93 earnings per share. research analysts predict that Allegion PLC will post 3.79 EPS for the current year.
A number of analysts have recently issued reports on the company. Robert W. Baird reaffirmed a “hold” rating on shares of Allegion PLC in a research report on Tuesday, September 26th. BidaskClub lowered Allegion PLC from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 18th. Zacks Investment Research lowered Allegion PLC from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. Wolfe Research raised Allegion PLC from a “market perform” rating to an “outperform” rating in a research report on Monday, October 30th. Finally, Wells Fargo & Company reaffirmed an “outperform” rating and set a $100.00 target price (up from $90.00) on shares of Allegion PLC in a research report on Wednesday, October 18th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $89.75.
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About Allegion PLC
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.
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