Allegion plc (ALLE)
NYSE: ALLE · IEX Real-Time Price · USD
123.24
-1.19 (-0.96%)
May 20, 2024, 4:00 PM EDT - Market closed
Allegion Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Allegion stock have an average target of 127, with a low estimate of 100 and a high estimate of 141. The average target predicts an increase of 3.05% from the current stock price of 123.24.
Analyst Consensus: Hold
* Price targets were last updated on Apr 16, 2024.
Analyst Ratings
The average analyst rating for Allegion stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 0 | 0 |
| Buy | 2 | 2 | 1 | 1 | 1 | 0 |
| Hold | 5 | 5 | 7 | 7 | 8 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 9 | 9 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $113 → $132 | Hold | Maintains | $113 → $132 | +7.11% | Apr 16, 2024 |
| Barclays | Barclays | Hold Maintains $121 → $122 | Hold | Maintains | $121 → $122 | -1.01% | Apr 2, 2024 |
| Mizuho | Mizuho | Strong Buy → Hold Downgrades $140 → $141 | Strong Buy → Hold | Downgrades | $140 → $141 | +14.41% | Feb 23, 2024 |
| Barclays | Barclays | Hold Maintains $119 → $121 | Hold | Maintains | $119 → $121 | -1.82% | Feb 21, 2024 |
| Wells Fargo | Wells Fargo | Buy → Hold Downgrades $139 → $140 | Buy → Hold | Downgrades | $139 → $140 | +13.60% | Feb 21, 2024 |
Financial Forecast
Revenue This Year
3.81B
from 3.65B
Increased by 4.42%
Revenue Next Year
3.95B
from 3.81B
Increased by 3.67%
EPS This Year
7.21
from 6.12
Increased by 17.74%
EPS Next Year
7.67
from 7.21
Increased by 6.50%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.0B | 4.2B | 4.4B | 4.7B | 5.1B |
| Avg | 3.8B | 4.0B | 4.1B | 4.4B | 4.7B |
| Low | 3.6B | 3.7B | 3.9B | 4.1B | 4.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.3% | 9.8% | 12.0% | 14.0% | 16.2% |
| Avg | 4.4% | 3.7% | 4.8% | 6.6% | 6.4% |
| Low | -0.7% | -3.4% | -1.6% | -1.4% | -4.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.51 | 8.56 | 9.60 | 10.38 | 10.90 |
| Avg | 7.21 | 7.67 | 8.76 | 10.09 | 10.59 |
| Low | 6.86 | 6.93 | 7.89 | 9.69 | 10.17 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.7% | 18.8% | 25.1% | 18.6% | 8.0% |
| Avg | 17.7% | 6.5% | 14.1% | 15.2% | 5.0% |
| Low | 12.1% | -3.8% | 2.8% | 10.7% | 0.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.