Allegion PLC

ALLE: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$231.00	Sbx	Wvhqxbk

Allegion Earnings: Revenue Growth Rebounds After Q1 Slump; 2024 Revenue and EPS Guidance Raised

Brian Bernard

Jul 24, 2024

Wide-moat Allegion’s second-quarter financial performance came in ahead of our expectations, and we’ve raised our fair value estimate 2% to $151 per share due to our more optimistic near-term revenue growth profit margin outlook.

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