How to Buy Allegion Stock
Allegion PLC
Allegion is a security & protection service company located in Ireland, which is part of the Industrials sector, and is traded under the ticker ALLE on the NYSE exchange.
Allegion stock last closed at $123.85, down 0.82% from the previous day, and has increased 15.22% in one year. It has underperformed other stocks in the Security & Protection Services industry by 0.13 percentage points. Allegion stock is currently +29.09% from its 52-week low of $95.94, and -9.54% from its 52-week high of $136.91.
At the moment, there are 87.44M ALLE shares outstanding. The market value of ALLE is $10.83B. In the past 24 hours, 975,466 ALLE shares were traded.
How to Buy Allegion Stock
Not sure how to invest in Allegion stock? Here's how.
- Choose where to buy Allegion stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Allegion stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Select your payment method and add your details.
- Evaluate Allegion stock: The Allegion ticker symbol is ALLE. Is Allegion stock a good investment? Should you buy shares of ALLE? How do ALLE's underlying business fundamentals look? Do top analysts think Allegion is a good buy? Why has ALLE's stock price moved recently? (Hint: Our stock analysis website can help you decide if ALLE is a good stock to buy).
- Make your ALLE buy order: Decide if you will purchase ALLE shares at the current market price or use a limit order to purchase ALLE stock at a specific price.
- Get notifications regarding your investment in ALLE: Create a watchlist to get live updates on your position in Allegion stock.
Step 1: Choose where to buy Allegion stock
You will need a brokerage account in order to access the NYSE market and buy ALLE shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal information so you are able to buy ALLE stock today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open a new brokerage account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've filled out your info on the best stock app to use, you need to deposit funds:
Watch the video below if you need help depositing funds into your brokerage account.
Step 4: Evaluate Allegion stock
Once you have selected the best place to buy Allegion stock, it's absolutely critical to research their stock prior to investing, so you can wrap your head around the risk as well as the upside.
Allegion quick stats
ALLE Overview
WallStreetZen was created to help part-time investors do better fundamental analysis in less time.
You can see all of the due diligence checks on ALLE's stock page.
Is ALLE stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge ALLE's fair value.
Using relative valuations ratios:
- ALLE may be undervalued based on its P/E ratio of 20.11x, relative to Security & Protection Services industry P/E ratio of 38.13x
- ALLE may be overvalued based on its P/B ratio of 8.02x, relative to Security & Protection Services industry P/B ratio of 2.98x
- ALLE could be overvalued based on its PEG ratio of 1.97x
You can access additional valuation analysis on ALLE's stock here.
ALLE Financial Health Overview
Positive Financial Indicators:
- ALLE earnings of $714.70M is not sufficient to cover its interest payments.
- ALLE profit margin has gone up from 14.1% to 14.9% in the past year.
- Total ALLE debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the ALLE balance sheet.
- ALLE's operating cash flow of $582.70M allows it to safely service it's debt of $2.01B.
Negative Financial Indicators:
- There are more long-term liabilities than short-term assets on the ALLE balance sheet.
- ALLE has a relatively high debt to equity ratio of 2.17.
Is it a good time to buy ALLE stock, according to Wall Street analysts?
Out of 4 sell side analysts who monitor ALLE, the consensus analyst rating on Allegion is a Hold
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Allegion stock forecast page.
ALLE Trading Indicators
How is ALLE performing as a company?
Last year, ALLE earnings were $540.70M. During the past five year, ALLE's earnings have increased by 5.69% per year. This was faster than the Security & Protection Services industry average of 2.3%.
Last year, ALLE revenue was $3.62B. During the last 5 year, ALLE's revenue has gone up by 5.48% per year. This was slower than the Security & Protection Services industry average of 7.04%.
You can analyze ALLE's earnings and revenue performance here.
Who is buying/selling ALLE?
Over the last 12 months, insiders at ALLE have sold more shares than they have bought.
Ellen Rubin, Director of ALLE, was the latest ALLE insider to sell. They sold $5,903.64 worth of ALLE stock on Apr 13, 2024.
Learn more about who owns ALLE stock here.
Can I get consistent income from ALLE stock?
Allegion pays a dividend of 1.48%, compared to the Security & Protection Services industry's average dividend yield of 1.88%. If you owned $1,000 worth of ALLE stock, you would have been paid $14.78 in the past year.
Allegion dividend payments have consistently grown over the past decade and have remained stable.
Dig into more data about Allegion dividend yield and history here.
ALLE Social Trading Data
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Make your ALLE buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally sufficient. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount limit, use a limit order.
Hit the Open Trade button and your broker will place the order.
If you require more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your investment in ALLE
Now that you own some ALLE shares, you'll want to keep up with your new shares.
Start a watchlist to track the latest developments regarding your ALLE stock.
ALLE Feed
How to Buy Stock in Allegion
To reiterate, here are the 6 steps to buy Allegion stock:
- Choose where to buy Allegion stock
- Open a brokerage account
- Deposit funds into your brokerage account
- Evaluate Allegion stock
- Make your ALLE buy order
- Get notifications regarding your investment in ALLE
If you need a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get updates on your investment in Allegion, create a watchlist today.
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