Allegion plc (ALLE) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that Allegion to Attend 2024 Bank of America Global Industrials Conference.

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Stocks Info

Allegion plc is listed on the NYSE in the Industrials sector while operating in the Security & Protection Services industry. The current market capitalization of Allegion plc is $11.46B. A total of 0.8 million shares were traded on the day, compared to an average of 896.06K shares.

In the most recent transaction, Stone John H bought 10,000 shares of ALLE for 132.41 per share on Feb 22 ’24. After the transaction, the President and CEO now owns 104,248 company shares. In a previous transaction on Feb 22 ’24, Martens Robert C. sold 5,391 shares at 132.84 per share. ALLE shares that SVP Chief Innovation & Design owns now total 7,555.

Among the insiders who sold shares, Braun Jeffrey N disposed of 3,000 shares on Feb 21 ’24 at a per-share price of $131.00. This resulted in the SVP and GC holding 9,653 shares of ALLE after the transaction. In another insider transaction, Eckersley Timothy P sold 6,103 shares at $118.00 per share on Dec 15 ’23. Company shares held by the Sr. VP-Allegion International now total 36,166.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Allegion plc pays an annual dividend of $1.80, resulting in a dividend yield of 1.38%, and it has a price to earnings (P/E) ratio of 21.37. ALLE’s most recent ex-dividend date was 3/14/2024 when it declared a $0.48 quarterly dividend that was paid in cash on 3/29/2024. Previously, the company paid the dividend on 12/29/2023 with an ex-dividend date of 12/15/2023. The ALLE stock dividend was $0.45 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, ALLE has a high of $136.91 and a low of $95.94.

As of this writing, ALLE has an earnings estimate of $1.44 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $1.6 per share and a lower estimate of $1.25. The company reported an EPS of $1.94 in the last quarter, which was 12.10% higher than expectations of $1.73.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. ALLE’s latest balance sheet shows that the firm has $397.90M in Cash & Short Term Investments as of fiscal 2021. There were $1.44B in debt and $601.20M in liabilities at the time. Its Book Value Per Share was $15.07, while its Total Shareholder’s Equity was $762.40M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ALLE is Buy with a score of 3.11.

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