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With a market cap of $12.7 billion, Allegion plc (ALLE) is a global leader in providing security products and solutions for residential, commercial, and institutional markets. With a robust portfolio of mechanical and electronic security offerings under brands like Schlage, LCN, and SimonsVoss, Allegion serves customers worldwide through a diverse mix of distribution, retail, and e-commerce channels.
The Dublin, Ireland-based company is expected to release its fiscal Q2 2025 earnings results on Wednesday, Jul. 23. Ahead of this event, analysts project ALLE to report an adjusted EPS of $2, up over 2% from $1.96 in the year-ago quarter. The company has exceeded Wall Street's bottom-line estimates in the last four quarters. In Q1 2025, Allegion surpassed the consensus adjusted EPS estimate by 10.7%.
For fiscal 2025, analysts forecast the security device maker to report adjusted EPS of $7.82, up 3.9% from $7.53 in fiscal 2024. Moreover, adjusted EPS is expected to grow 7.2% year-over-year to $8.38 in fiscal 2026.
Over the past 52 weeks, Allegion has increased 27.4%, outperforming the broader S&P 500 Index's ($SPX) over 13% return and the Industrial Select Sector SPDR Fund's (XLI) 22.2% gain over the same period.
Shares of Allegion climbed 10.3% on Apr. 24 following a strong Q1 2025 earnings report. The company reported adjusted EPS of $1.86, a 20% year-over-year increase and above analysts’ estimates. Revenue rose 5.4% to $941.9 million, driven by robust performance in the Americas non-residential segment, which grew high-single digits and lifted the region’s adjusted operating margin by 130 basis points to 29.2%. Investor sentiment was further boosted by the company’s reaffirmed full-year adjusted EPS outlook of $7.65 to $7.85.
Analysts' consensus view on Allegion stock is cautious, with an overall “Hold” rating. Among 10 analysts covering the stock, three suggest a "Strong Buy," five give a "Hold," one recommends a “Moderate Sell,” and one provides a "Strong Sell" rating. As of writing, ALLE is trading above the average analyst price target of $143.78.
On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
