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OTCMKTS:ASAZY

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

$13.95
-0.02 (-0.14%)
(As of 04/17/2024 ET)
Today's Range
$13.86
$14.04
50-Day Range
$13.27
$14.98
52-Week Range
$10.17
$15.09
Volume
72,728 shs
Average Volume
90,934 shs
Market Capitalization
N/A
P/E Ratio
22.14
Dividend Yield
0.93%
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

ASSA ABLOY acquires Messerschmitt Systems in Germany
Next President (Not Trump. Not Biden.)
Do you want to see who I believe will be the next president of the U.S.A? It won't be Biden… And it won't be Trump.
ASSA ABLOY publishes its Annual Report 2023
Aristotle Capital International Equity Q4 2023 Commentary
Assa Abloy AB ADR
Next President (Not Trump. Not Biden.)
Do you want to see who I believe will be the next president of the U.S.A? It won't be Biden… And it won't be Trump.
ASSA ABLOY sells PACA ascenseur in France to KONE
Assa Abloy AB (ASSABS.XD)
ASSA ABLOY acquires Amecor in South Africa
ASSA ABLOY acquires Ghost Controls in the US
ASSA ABLOY acquires Leone Fence in Canada
ASSA ABLOY AB ser. B (0R87)
Assa Abloy AB ADR ASAZY
ASSA ABLOY Quarterly Report Q3 2023
See More Headlines
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Company Calendar

Last Earnings
2/07/2024
Today
4/18/2024
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
Security & Protection Services
Sub-Industry
N/A
Current Symbol
OTCMKTS:ASAZY
Employees
61,000
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
1.14

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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

Pros

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

  • ASSA ABLOY AB (publ) provides a wide range of door opening and access products, solutions, and services for various markets globally, ensuring diversified revenue streams.
  • The company offers digital access solutions, including electronic access control ecosystems and wireless solutions, catering to the increasing demand for smart security solutions in the market.
  • ASSA ABLOY AB (publ) has a strong presence in multiple industries such as healthcare, finance, and transportation, indicating stability and potential growth opportunities.
  • The company's innovative products like Openings Studio, a building information modeling software ecosystem, showcase a commitment to technological advancement and customer-centric solutions.
  • Considering the recent positive financial performance, including revenue growth and profitability, investing in ASSA ABLOY AB (publ) could be promising for investors.

Cons

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

  • The stock price of ASSA ABLOY AB (publ) may be relatively high compared to industry peers, potentially limiting short-term gains for investors.
  • As a company operating in the private households industry, ASSA ABLOY AB (publ) may face challenges related to economic downturns or fluctuations in consumer spending affecting demand for its products.
  • Competitive pressures in the door opening and access products market could impact ASSA ABLOY AB (publ)'s market share and margins, leading to potential revenue constraints.
  • Global economic uncertainties or geopolitical events may influence the company's international operations and supply chain, posing risks to investors.
  • Investors should consider the cyclical nature of the construction industry, as it can impact demand for ASSA ABLOY AB (publ)'s products and services, affecting financial performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these ASSA ABLOY AB (publ) pros and cons to contact@marketbeat.com.

ASAZY Stock Analysis - Frequently Asked Questions

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

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ASSA ABLOY AB (publ) in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ASAZY 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 2024. Since then, ASAZY shares have decreased by 3.0% and is now trading at $13.95.
View the best growth stocks for 2024 here
.

Are investors shorting ASSA ABLOY AB (publ)?

ASSA ABLOY AB (publ) saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 23,100 shares, a drop of 46.9% from the March 15th total of 43,500 shares. Based on an average daily volume of 187,400 shares, the days-to-cover ratio is currently 0.1 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) released its quarterly earnings data 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 earned $3.48 billion during the quarter, compared to analyst estimates of $3.60 billion. ASSA ABLOY AB (publ) had a trailing twelve-month return on equity of 16.10% and a net margin of 10.39%.

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. Stockholders 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 a boost 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 0.94%. 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.

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 4/18/2024 by MarketBeat.com Staff

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