Allegion: Keep Calm And Lock In

Allegion delivered solid Q2 2026 results, with EPS of $2.40 beating estimates by $0.18, and shares closing up more than 10% following the earnings call. Revenue came in at $1.15B, up almost 13% YoY, as the Americas segment posted YoY growth of almost 12% and the International segment is showing signs of a recovery. ALLE's valuation is appealing right now with a potential 6% undervaluation based on my FCF valuation model. Allegion plc ( ALLE ) looks to be trading for a small discount right now while offering investors a potential future return near 12%. The company just announced their Q2 earnings, with the Americas segment