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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
OTCMKTS:ASAZY

ASSA ABLOY AB (publ) (ASAZY) Stock Price, News & Analysis

$14.56
-0.18 (-1.22%)
(As of 03/27/2024 ET)
Today's Range
$14.48
$14.58
50-Day Range
$13.27
$14.98
52-Week Range
$10.17
$15.09
Volume
102,717 shs
Average Volume
143,406 shs
Market Capitalization
N/A
P/E Ratio
23.11
Dividend Yield
0.89%
Price Target
N/A
ASAZY stock logo

About ASSA ABLOY AB (publ) Stock (OTCMKTS:ASAZY)

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors. It offers Openings Studio, a building information modeling software ecosystem is collaboration tool for designing, documenting, and managing openings. The company provides its products primarily under the ASSA ABLOY, Yale, and HID brands. It sells its products through distributors and wholesalers. The company serves aviation, education, distribution and logistics, entertainment and public facility, finance and banking, government and military, healthcare, hospitality, manufacturing, mining, office and enterprise, homes and residence, retail, shipyards, and transportation industries. ASSA ABLOY AB (publ) was incorporated in 1954 and is based in Stockholm, Sweden.

ASAZY Stock Price History

ASAZY Stock News Headlines

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ASSA ABLOY publishes its Annual Report 2023
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ASSA ABLOY sells PACA ascenseur in France to KONE
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ASSA ABLOY acquires Amecor in South Africa
ASSA ABLOY acquires Ghost Controls in the US
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ASSA ABLOY Quarterly Report Q3 2023
See More Headlines
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Company Calendar

Last Earnings
2/07/2024
Today
3/28/2024
Ex-Dividend for 5/17 Dividend
4/25/2024
Dividend Payable
5/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Private households
Sub-Industry
N/A
Current Symbol
OTCMKTS:ASAZY
Employees
52,000
Year Founded
1994

Profitability

Net Income
$1.29 billion
Pretax Margin
13.68%

Debt

Sales & Book Value

Annual Sales
$13.27 billion
Cash Flow
$0.85 per share
Book Value
$3.88 per share

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
1.15

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Key Executives

  • Mr. Nico Delvaux (Age 58)
    President, CEO & Head of Global Technologies Division
    Comp: $48.69M
  • Mr. Erik Pieder (Age 56)
    Executive VP & CFO
  • Mr. Björn Tibell
    Head of Investor Relations
  • Ms. Ann Holmberg
    Head of Corporate Communications
  • Ms. Helle Bay (Age 52)
    Executive VP & Chief HR Officer
  • Mr. Lucas Boselli (Age 48)
    Executive VP & Head of Americas Division
  • Mr. Neil Vann (Age 53)
    Executive VP & Head of EMEA division
  • Mr. Bjorn Lidefelt (Age 43)
    Executive VP & Head of Global Technologies Business Unit HID Global
  • Mr. Simon Ellis M.B.A. (Age 50)
    EVP and Head of Asia Pacific Business Unit ASSA ABLOY Opening Solutions Pacific & North East Asia
  • Mr. Martin Poxton (Age 52)
    EVP and Head of Asia Pacific Business Unit ASSA ABLOY Opening Solutions Greater China & SEA

Should I Buy ASSA ABLOY AB (publ) Stock? ASAZY Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of ASSA ABLOY AB (publ) was last updated on Tuesday, March 26, 2024 at 10:48 PM.

Pros

Here are some ways that investors could benefit from investing in ASSA ABLOY AB (publ):

  • ASSA ABLOY is a global leader in access solutions, providing products and services across various industries worldwide.
  • The company offers a wide range of digital access solutions, including electronic access control ecosystems and wireless solutions, catering to the growing demand for smart security systems.
  • ASSA ABLOY's focus on innovation, exemplified by products like Openings Studio, a building information modeling software ecosystem, showcases its commitment to staying at the forefront of technology.
  • With a strong presence in multiple markets, ASSA ABLOY's diversified portfolio helps mitigate risks associated with economic fluctuations in specific regions.
  • Investors may find the current stock price of ASSA ABLOY AB (publ) attractive for potential long-term growth opportunities.

Cons

Investors should be bearish about investing in ASSA ABLOY AB (publ) for these reasons:

  • Market competition in the access solutions industry is intense, which could potentially impact ASSA ABLOY's market share and profitability.
  • Economic uncertainties or downturns in key regions where ASSA ABLOY operates may affect the company's financial performance.
  • Changes in regulations related to security and access control could require significant investments in compliance, impacting the company's bottom line.
  • Fluctuations in raw material prices or supply chain disruptions could pose challenges to ASSA ABLOY's manufacturing and distribution processes.
  • Investors should carefully consider the overall market conditions and the company's competitive positioning before making investment decisions.

ASAZY Stock Analysis - Frequently Asked Questions

Should I buy or sell ASSA ABLOY AB (publ) stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ASSA ABLOY AB (publ) in the last twelve months. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" ASAZY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ASAZY, but not buy additional shares or sell existing shares.
View ASAZY analyst ratings
or view top-rated stocks.

How have ASAZY shares performed in 2024?

ASSA ABLOY AB (publ)'s stock was trading at $14.38 at the beginning of the year. Since then, ASAZY shares have increased by 1.3% and is now trading at $14.56.
View the best growth stocks for 2024 here
.

Are investors shorting ASSA ABLOY AB (publ)?

ASSA ABLOY AB (publ) saw a decline in short interest in March. As of March 15th, there was short interest totaling 43,500 shares, a decline of 51.1% from the February 29th total of 88,900 shares. Based on an average trading volume of 205,600 shares, the short-interest ratio is presently 0.2 days.
View ASSA ABLOY AB (publ)'s Short Interest
.

How were ASSA ABLOY AB (publ)'s earnings last quarter?

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) posted its earnings results on Wednesday, February, 7th. The industrial products company reported $0.17 EPS for the quarter, hitting the consensus estimate of $0.17. The industrial products company had revenue of $3.48 billion for the quarter, compared to the consensus estimate of $3.60 billion. ASSA ABLOY AB (publ) had a net margin of 10.39% and a trailing twelve-month return on equity of 16.10%.

How often does ASSA ABLOY AB (publ) pay dividends? What is the dividend yield for ASSA ABLOY AB (publ)?

ASSA ABLOY AB (publ) declared a dividend on Tuesday, March 26th. Shareholders of record on Friday, April 26th will be given a dividend of $0.1316 per share on Friday, May 17th. The ex-dividend date is Thursday, April 25th. This is an increase from the stock's previous dividend of $0.11.
Read our dividend analysis for ASAZY
.

Is ASSA ABLOY AB (publ) a good dividend stock?

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) pays an annual dividend of $0.13 per share and currently has a dividend yield of 0.90%. The dividend payout ratio is 20.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASAZY will have a dividend payout ratio of 16.88% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ASAZY.

What ETF holds ASSA ABLOY AB (publ)'s stock?

ALPS O'Shares Europe Quality Dividend ETF holds 26,859 shares of ASAZY stock, representing 1.56% of its portfolio.

How do I buy shares of ASSA ABLOY AB (publ)?

Shares of ASAZY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:ASAZY) was last updated on 3/28/2024 by MarketBeat.com Staff

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