ALLE / Allegion: Successful Acquisition And Lower Multiple, Upgrade To Buy

Allegion (ALLE) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the s more_horizontal

Allegion plc (NYSE:ALLE ) Q3 2023 Earnings Conference Call October 31, 2023 8:00 AM ET Corporate Participants Jobi Coyle - Director of IR John Stone - more_horizontal

Allegion (ALLE) came out with quarterly earnings of $1.94 per share, beating the Zacks Consensus Estimate of $1.71 per share. This compares to earning more_horizontal

Softness in the non-residential end market within the Allegion Americas segment, the rising cost of sales and forex woes are likely to hurt Allegion's more_horizontal

Allegion plc is a provider of electronic and mechanical access control for both business and non-business customers. The company recently completed th more_horizontal

Allegion is home to many No. 1 and No. 2 access and security brands throughout North America and Europe. more_horizontal

Weakness in the Allegion International unit due to lower volumes in the Global Portable Securities business, increasing costs and forex woes are weigh more_horizontal

Here's a look at seven stocks to buy and hold onto for the long haul. Tech stocks aren't the only drivers of wealth in today's economy, although many more_horizontal