New Lifetime High For Allegion (ALLE)
Trade-Ideas LLC identified
(
) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Allegion as such a stock due to the following factors:
- ALLE has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $32.5 million.
- ALLE has traded 32,007 shares today.
- ALLE is trading at a new lifetime high.
EXCLUSIVE OFFER: Get the inside scoop on opportunities in ALLE with the Ticky from Trade-Ideas. See the FREE profile for ALLE NOW at Trade-Ideas
More details on ALLE:
Allegion Public Limited Company manufactures and sells mechanical and electronic security products and solutions worldwide. The stock currently has a dividend yield of 0.7%. ALLE has a PE ratio of 41. Currently there are 7 analysts that rate Allegion a buy, no analysts rate it a sell, and none rate it a hold.
The average volume for Allegion has been 613,200 shares per day over the past 30 days. Allegion has a market cap of $6.8 billion and is part of the services sector and diversified services industry. Shares are up 7.6% year-to-date as of the close of trading on Monday.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Analysis:
rates Allegion as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity, expanding profit margins and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and generally higher debt management risk.
Highlights from the ratings report include:
- Compared to other companies in the Building Products industry and the overall market, ALLEGION PLC's return on equity significantly exceeds that of both the industry average and the S&P 500.
- 46.33% is the gross profit margin for ALLEGION PLC which we consider to be strong. It has increased from the same quarter the previous year. Along with this, the net profit margin of 11.48% is above that of the industry average.
- ALLEGION PLC has improved earnings per share by 27.6% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, ALLEGION PLC reported lower earnings of $1.59 versus $1.93 in the prior year. This year, the market expects an improvement in earnings ($3.35 versus $1.59).
- The debt-to-equity ratio is very high at 20.30 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company. Even though the debt-to-equity ratio is weak, ALLE's quick ratio is somewhat strong at 1.11, demonstrating the ability to handle short-term liquidity needs.
- Net operating cash flow has significantly decreased to -$0.80 million or 118.18% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
- You can view the full Allegion Ratings Report.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.