Allegion (ALLE) acquires Krieger, which will enable it to strengthen its product offerings and boost its Allegion Americas segment.
Allegion's (ALLE) Schlage XE360 series wireless locks work within No-Tour or offline access control systems.
Allegion (ALLE) benefits from strength in the Allegion International segment and accretive acquisitions. Its measures to reward its shareholders are encouraging.
Allegion's topline is expected to grow due to strong demand in the institutional end market and new projects. The company's margin is expected to benefit from volume growth, strong pricing, and operational execution. ALLE's stock is currently trading at a discount, making it a good buy with good long-term prospects.