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
- $153.77
- Day Range
- $151.13–154.64
- 52-Week Range
- $125.00–183.11
- Bid/Ask
- $152.11 / $156.58
- Shares Outstanding
- 85.04M
- Market Cap
- $13.12B
- Volume/Avg
- 1M / 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 is a global security products company with a portfolio of leading brands such as Schlage, Von Duprin, and LCN. The Ireland-domiciled company was created via a spinoff transaction from Ingersoll-Rand in December 2013. In fiscal 2024, Allegion generated over 75% of sales in the United States. The company primarily competes with Sweden-based Assa Abloy, Switzerland-based Dormakaba, and US-based Fortune Brands Innovations.
- 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
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
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Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
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| Verisure PLC ADR
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| — | LOCK|Dr@ | $5B |
United States