Previous close | 99.24 |
Open | 99.31 |
Bid | 0.00 x 1000 |
Ask | 0.00 x 1000 |
Day's range | 98.11 - 100.35 |
52-week range | 93.05 - 148.70 |
Volume | |
Avg. volume | 792,027 |
Market cap | 8.714B |
Beta (5Y monthly) | 1.03 |
PE ratio (TTM) | 18.89 |
EPS (TTM) | 5.21 |
Earnings date | 22 Jul 2022 - 01 Aug 2022 |
Forward dividend & yield | 1.64 (1.67%) |
Ex-dividend date | 15 Jun 2022 |
1y target est | 129.92 |
Allegion (ALLE) is witnessing weakness across its residential business, owing to supply chain challenges, electronic chip shortages, rising costs and a high debt level.
Volatile markets cause stress for investors but also create opportunities to buy stocks with solid long-term growth prospects. With that in mind, investors should take a closer look at security doors and locks company Allegion (NYSE: ALLE), electrical-products maker nVent Electric (NYSE: NVT), and Google owner Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). There are two main reasons to take advantage of the share-price dip and buy Allegion stock for the long term.
Allegion's (ALLE) Q1 earnings results reflect the impacts of supply-chain restrictions, high costs and expenses, shortages of components and effective pricing. Management lifts revenue view for 2022.