Allegion Plc: Relaunching Coverage With Wide Moat Rating and $202 Fair Value Estimate
We're relaunching research coverage on Allegion, a North American leader in building access products such as locks, handles, doors, readers, and keypads.
Allegion PLC ALLE
Bulls Say, Bears Say
Bulls
Allegion’s strong market position and pricing power in North America should continue to support stable, industry-leading profitability.
Bears
About half Allegion's revenue is tied to new construction. As such, a downturn in construction spending could materially reduce earnings and cash flow.
News
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Allegion to Attend 2026 Morgan Stanley Annual Laguna Conference
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Ellen Rubin Joins Quanta Services Board of Directors
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Allegion Announces Tim Eckersley’s Retirement, Names Serge Zappone Leader of Allegion International
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Allegion to Attend 2026 Vertical Research Partners Global Industrials Conference
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Allegion Declares Quarterly Dividend
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LCN Senior Swing first to utilize newly released Allegion Optimize mobile application
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The options market is signaling further gains for the S&P 500, but one indicator is flashing a warning
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Allegion Redefines Commercial Access Control with the Schlage XE360™ Series featuring RealSync™ Persistent Wi-Fi Technology
Articles & Videos
Trading Information
- Previous Close Price
- $154.28
- Day Range
- $154.08–157.30
- 52-Week Range
- $125.00–183.11
- Bid/Ask
- $151.93 / $157.41
- Shares Outstanding
- 85.04M
- Market Cap
- $13.11B
- Volume/Avg
- 888,004 / 1M
Key Statistics
- Price/Earnings (Normalized)
- 18.28
- Price/Sales
- 3.11
- Dividend Yield (Trailing)
- 1.40%
- Dividend Yield (Forward)
- 1.43%
- Dividend Payment Schedule
- Mar, Jun, Sep, Dec
- Total Yield
- 2.62%
Company Profile
Allegion, spun off from Ingersoll Rand in 2013, sells a mix of mechanical and electronic building access products such as locks, doors, keypads, and readers. The firm comprises numerous century-old building access brands, including Schlage, LCN, and Von Duprin. It sells its products in over 130 countries but derives over three-quarters of its revenue from the Americas. About two-thirds of consolidated revenue comes from mechanical building access products, while the remaining one-third comes from electronic access devices and software.
- Sector
- Industrials
- Industry
- Security & Protection Services
- Stock Style Box
- Small Core
- Total Number of Employees
- 13,300
- Website
- https://www.allegion.com
Competitors
Valuation
|
Metric
|
ALLE
|
FBIN
|
JCI
|
|---|---|---|---|
Price/Earnings (Normalized) | 18.28 | 10.06 | 32.78 |
Price/Book Value | 6.19 | 2.00 | 6.82 |
Price/Sales | 3.11 | 1.05 | 3.75 |
Price/Cash Flow | 16.12 | 7.08 | 24.93 |
Price/Earnings
ALLE
FBIN
JCI
Financial Strength
|
Metric
|
ALLE
|
FBIN
|
JCI
|
|---|---|---|---|
Quick Ratio | 1.13 | 0.79 | 0.67 |
Current Ratio | 1.93 | 2.01 | 1.00 |
Interest Coverage | 8.80 | 2.63 | 13.92 |
Quick Ratio
ALLE
FBIN
JCI
Profitability
|
Metric
|
ALLE
|
FBIN
|
JCI
|
|---|---|---|---|
Return on Assets (Normalized) | 12.65% | 6.30% | 7.49% |
Return on Equity (Normalized) | 32.86% | 17.41% | 21.34% |
Return on Invested Capital (Normalized) | 18.21% | 9.42% | 13.00% |
Return on Assets
ALLE
FBIN
JCI
Security & Protection Services Industry Comparables
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United States