NYSE:ALLEBuilding
Allegion (ALLE): Valuation Update Following Raised Guidance and Smart Lock Expansion
If you are eyeing Allegion (ALLE) right now, there is a good reason to pay attention. The company just announced an increase to its full-year 2025 revenue guidance, now projecting 6.5% to 7.5% growth. Management credits this step-up to more effective pricing, rising demand from US commercial construction, and a successful push into smart lock products. This is a rapidly evolving part of the security industry. In addition, Allegion is not just relying on organic growth. Ongoing expansion of...