Report
Brian Bernard
EUR 100.00 For Business Accounts Only

Wide-moat Allegion is a leading security products manufacturer that enjoys industry-leading margins.

Allegion’s stock traded lower after the company’s first-quarter adjusted EPS missed the consensus estimate. While wide-moat Allegion’s top line grew almost 12% (3% organic) year over year to $613 million, and the firm’s diluted EPS grew nearly 10% to $0.80, the firm’s EPS fell short of the $0.85 consensus estimate. Allegion’s earnings miss was driven by a lower adjusted operating margin as compared to the year-ago quarter. A combination of incremental investments, acquisition-related margin dilu...
Underlying
Allegion PLC

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Brian Bernard

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