Allegion plc (ALLE) is scheduled to release second-quarter 2024 results on Jul 24, before market open.The Zacks Consensus Estimate for second-quarter earnings has remained steady in the past 30 days. The company has an impressive earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters, the average beat being 8.6%.The consensus estimate for revenues is pegged at $944.3 million, indicating growth of 3.5% from the year-ago quarter’s reported figure. The cons ...

The market expects Allegion (ALLE) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on J ...

Value investors should consider these stocks because they have significant upside potential for the rest of 2024.Shares in UPS (UPS 0.75%), aerospace materials company Hexcel (HXL -1.84%), and security doors and locks company Allegion (ALLE 1.57%) have all experienced a significant dip so far in 2024, lagging behind the S&P 500 index's 14.6% gain over the same period. However, compelling evidence suggests that all three are positioned to outperform the market in the second half and beyond. Here's why.The in ...

Allegion plc (ALLE) is benefiting from strength in the Allegion International segment, acquired assets and shareholder-friendly moves.Let us delve into the factors that make this Zacks Rank #2 (Buy) company a smart investment choice at the moment.Growth CatalystsBusiness Strength: Allegion is poised to gain from strong momentum in the Allegion International segment. An increase in demand for electronic security products, driven by growing awareness about the security and safety of people and infrastructure, ...

NORFOLK, Va., June 28, 2024 (GLOBE NEWSWIRE) -- CBORD, the leading provider of integrated technology solutions for campus ID card systems, access control, foodservice, nutrition and commerce, is excited to announce that Old Dominion University has successfully launched mobile credentials on its campus. This achievement aligns with ODU's mission to serve its students and enrich the community through rigorous academic programs and strategic partnerships. "This state-of-the-art offering marks a significant adv ...

Von Duprin addresses the challenges of modern security with cost effective high-performance exit devices for multifamily, office and retail spaces. CARMEL, Ind., June 25, 2024 /PRNewswire/ -- Allegion US, a leading provider of security solutions, technology and services, is excited to announce the launch of the Von Duprin 70 Series Exit Devices. This new product line combines the quality and trust associated with Von Duprin with a medium price point, making it an ideal choice for a wide range of application ...

These companies are positioned in highly attractive end markets.Emerson Electric (EMR 0.25%), Carrier Global (CARR -1.80%), and Allegion (ALLE 0.41%) are all smart buys now for two reasons. First, their respective management teams are aggressively restructuring their businesses toward attractive long-term growth markets. Second, if you only invest a relatively small amount, it's a good idea to minimize trading costs by holding stocks for an extended period, and the growth prospects of all three justify hold ...

Resident keys in Apple Wallet offers easy, secure access to multifamily buildings with a simple tap of an iPhone or Apple Watch PHILADELPHIA, Pa., June 19, 2024 /PRNewswire/ -- Zentra, a brand of Allegion®, and leading provider of smart access solutions, has integrated resident keys capability in Apple Wallet for use by customers and their residents. This enables residents to easily and securely add their resident keys to Apple Wallet and unlock their apartment with a simple tap of an iPhone or Apple Watch. ...

The Zacks Security and Safety Services industry is poised for growth on the back of robust demand for products and solutions with growing awareness about the security and safety of people and infrastructure. Higher research and development activities supported by governments and improving supply chains augur well for the industry’s near-term prospects.The increase in demand for cybersecurity products is supporting several industry participants as well. Companies like Allegion plc (ALLE) , MSA Safety Incorpo ...

Allegion plc (ALLE) recently completed the acquisition of Unicel Architectural Corp. through one of its subsidiaries. The financial terms of the transaction have been kept under wraps.Headquartered in Quebec, Canada, Unicel Architectural specializes in producing highly engineered glass, timber and aluminum building solutions. The company’s products are sold in education, healthcare, government and other non-residential facilities across the United States and Canada.Acquisition RationaleThe latest buyout is ...