As of close of business last night, The Allstate Corporation’s stock clocked out at $113.40, down -2.46% from its previous closing price of $116.26. In other words, the price has decreased by -$2.86 from its previous closing price. On the day, 1730489 shares were traded. ALL stock price reached its highest trading level at $116.11 during the session, while it also had its lowest trading level at $113.34.
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To gain a deeper understanding of ALL’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 45.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.52. In the meantime, Its Debt-to-Equity ratio is 0.54 whereas as Long-Term Debt/Eq ratio is at 0.54.
Upgrades & Downgrades
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 22 when Merten Jesse E sold 29,451 shares for $134.18 per share. The transaction valued at 3,951,588 led to the insider holds 16,668 shares of the business.
Gupta Suren sold 20,241 shares of ALL for $2,773,017 on Jan 03. The President, Enterprise Services now owns 82,270 shares after completing the transaction at $137.00 per share. On Dec 21, another insider, Gupta Suren, who serves as the President, Enterprise Services of the company, sold 40,000 shares for $135.25 each. As a result, the insider received 5,410,200 and left with 82,270 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALL now has a Market Capitalization of 31.28B and an Enterprise Value of 41.04B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 1.92. Its current Enterprise Value per Revenue stands at 0.78.
Stock Price History:
Over the past 52 weeks, ALL has reached a high of $142.15, while it has fallen to a 52-week low of $103.20. The 50-Day Moving Average of the stock is 113.91, while the 200-Day Moving Average is calculated to be 125.78.
It appears that ALL traded 2.02M shares on average per day over the past three months and 1.72M shares per day over the past ten days. A total of 263.50M shares are outstanding, with a floating share count of 261.27M. Insiders hold about 0.62% of the company’s shares, while institutions hold 81.50% stake in the company. Shares short for ALL as of Apr 27, 2023 were 2.46M with a Short Ratio of 2.46M, compared to 2.61M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 0.94% and a Short% of Float of 0.94%.
Dividends & Splits
With its trailing 12-month dividend rate of 3.44, ALL has a forward annual dividend rate of 3.56. Against a Trailing Annual Dividend Yield of 2.96%, it implies a Forward Annual Dividend Yield of 3.01%. The stock’s 5-year Average Dividend Yield is 2.21.
As of right now, 17 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.08 for the current quarter, with a high estimate of $1.14 and a low estimate of -$1.25, while EPS last year was -$0.76. The consensus estimate for the next quarter is $1.37, with high estimates of $2.62 and low estimates of $0.54.
Analysts are recommending an EPS of between $6.4 and $1.4 for the fiscal current year, implying an average EPS of $2.98. EPS for the following year is $12.96, with 18 analysts recommending between $15.4 and $10.69.
In the current quarter, 4 analysts expect revenue to total $12.49B. It ranges from a high estimate of $12.94B to a low estimate of $12.11B. As of the current estimate, The Allstate Corporation’s year-ago sales were $11.51B, an estimated increase of 8.50% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $13.12B, an increase of 9.10% over than the figure of $8.50% in the same quarter last year. There is a high estimate of $13.6B for the next quarter, whereas the lowest estimate is $12.85B.
A total of 5 analysts have provided revenue estimates for ALL’s current fiscal year. The highest revenue estimate was $51.3B, while the lowest revenue estimate was $48.62B, resulting in an average revenue estimate of $49.7B. In the same quarter a year ago, actual revenue was $45.79B, up 8.50% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $54.52B in the next fiscal year. The high estimate is $56.09B and the low estimate is $53.63B. The average revenue growth estimate for next year is up 9.70% from the average revenue estimate for this year.