Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $170.07 in the prior trading day, Allstate Corp (NYSE: ALL) closed at $169.58, down -0.29%. In other words, the price has decreased by -$0.29 from its previous closing price. On the day, 1.24 million shares were traded. ALL stock price reached its highest trading level at $170.775 during the session, while it also had its lowest trading level at $169.05.
Ratios:
Our goal is to gain a better understanding of ALL by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.44.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, HSBC Securities on March 28, 2024, Upgraded its rating to Buy and sets its target price to $190 from $158 previously.
On January 10, 2024, TD Cowen started tracking the stock assigning a Outperform rating and target price of $193.
Jefferies Upgraded its Hold to Buy on January 09, 2024, whereas the target price for the stock was revised from $130 to $180.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 26 ’24 when Dugenske John E sold 31,000 shares for $170.20 per share. The transaction valued at 5,276,203 led to the insider holds 63,731 shares of the business.
Pintozzi John C sold 4,000 shares of ALL for $637,880 on Feb 27 ’24. The SVP, Controller, and CAO now owns 10,736 shares after completing the transaction at $159.47 per share. On Feb 16 ’24, another insider, Rizzo Mario, who serves as the PresPersonalProperty-Liability of the company, sold 24,698 shares for $162.00 each. As a result, the insider received 4,001,076 and left with 60,200 shares of the company.
Valuation Measures:
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 44857470976 and an Enterprise Value of 48811970560. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 2.82. Its current Enterprise Value per Revenue stands at 0.855 whereas that against EBITDA is 53.996.
Stock Price History:
The Beta on a monthly basis for ALL is 0.52, which has changed by 0.5088531 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, ALL has reached a high of $176.93, while it has fallen to a 52-week low of $100.57. The 50-Day Moving Average of the stock is 2.85%, while the 200-Day Moving Average is calculated to be 23.95%.
Shares Statistics:
The stock has traded on average 1.69M shares per day over the past 3-months and 1555260 shares per day over the last 10 days, according to various share statistics. A total of 263.76M shares are outstanding, with a floating share count of 262.22M. Insiders hold about 0.58% of the company’s shares, while institutions hold 78.79% stake in the company. Shares short for ALL as of 1713139200 were 2061601 with a Short Ratio of 1.22, compared to 1710460800 on 4286637. Therefore, it implies a Short% of Shares Outstanding of 2061601 and a Short% of Float of 0.8999999999999999.
Dividends & Splits
In the trailing 12 months, ALL’s forward annual dividend rate was 3.56, compared to 3.59 this year. Against a Trailing Annual Dividend Yield of 0.020932555The stock’s 5-year Average Dividend Yield is 2.36.
Earnings Estimates
The stock of Allstate Corp (ALL) is currently drawing attention from 18.0 analysts actively involved in the ongoing evaluation and rating process.On average, analysts expect EPS of $3.94 for the current quarter, with a high estimate of $5.1 and a low estimate of $3.3, while EPS last year was -$1.3. The consensus estimate for the next quarter is $1.84, with high estimates of $2.77 and low estimates of $0.8.
Analysts are recommending an EPS of between $16.36 and $11.81 for the fiscal current year, implying an average EPS of $13.18. EPS for the following year is $16.94, with 20.0 analysts recommending between $19.56 and $14.23.
Revenue Estimates
5 analysts predict $12.88B in revenue for the current quarter. It ranges from a high estimate of $13.27B to a low estimate of $12.3B. As of the current estimate, Allstate Corp’s year-ago sales were $11.78BFor the next quarter, 5 analysts are estimating revenue of $13.83B. There is a high estimate of $14.15B for the next quarter, whereas the lowest estimate is $13.21B.
A total of 6 analysts have provided revenue estimates for ALL’s current fiscal year. The highest revenue estimate was $56.66B, while the lowest revenue estimate was $52.76B, resulting in an average revenue estimate of $55.22B. In the same quarter a year ago, actual revenue was $50.35BBased on 6 analysts’ estimates, the company’s revenue will be $60.94B in the next fiscal year. The high estimate is $62.93B and the low estimate is $58.9B.
