Allegion (ALLE) Hit By Surging Costs & Broader Market Risks
Zacks Investment Research | Jan 14, 2019 05:34AM ET
On Jan 14, we issued an updated research report on Allegion plc (NYSE:ALLE) . We believe that material price inflation might continue to escalate costs and thereby hurt the company’s near-term profitability.
It’s not surprising that the stock has also put up a dismal show in the recent times. Notably, in the past month, Allegion’s shares have lost 1.9% against the the complete list of today’s Zacks #1 Rank stocks here .
Axon Enterprise exceeded estimates in each of the preceding four quarters, the average positive earnings surprise being 391.67%.
Brady surpassed estimates thrice in the trailing four quarters, the average positive earnings surprise being 7.04%.
Alarm.com Holdings outpaced estimates in each of the preceding four quarters, the average earnings surprise being 27.26%.
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