Allegion PLC (ALLE) Hit a 52 Week High, Can the Run Continue?
Allegion(ALLE) ZACKS·2024-09-18 22:16
Have you been paying attention to shares of Allegion (ALLE) ? Shares have been on the move with the stock up 8.4% over the past month. The stock hit a new 52-week high of $144.49 in the previous session. Allegion has gained 13.2% since the start of the year compared to the 9.7% move for the Zacks Industrial Products sector and the 21.4% return for the Zacks Security and Safety Services industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't ...