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In the latest session, Allstate Corp (NYSE: ALL) closed at $165.40 down -4.03% from its previous closing price of $172.34. In other words, the price has decreased by -$4.03 from its previous closing price. On the day, 3.74 million shares were traded. ALL stock price reached its highest trading level at $176.22 during the session, while it also had its lowest trading level at $162.27.
Ratios:
For a deeper understanding of Allstate Corp’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.39.
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, BMO Capital Markets on July 18, 2024, Upgraded its rating to Outperform and sets its target price to $191 from $190 previously.
On March 28, 2024, HSBC Securities Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $158 to $190.
On January 10, 2024, TD Cowen started tracking the stock assigning a Outperform rating and target price of $193.TD Cowen initiated its Outperform rating on January 10, 2024, with a $193 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 18 ’24 when Gupta Suren sold 45,775 shares for $177.28 per share. The transaction valued at 8,114,835 led to the insider holds 89,930 shares of the business.
SPRIESER JUDITH A sold 1,124 shares of ALL for $187,573 on Jun 03 ’24. The Director now owns 0 shares after completing the transaction at $166.88 per share. On Mar 26 ’24, another insider, Dugenske John E, who serves as the Pres, Invest. & Corp. Strategy of the company, sold 31,000 shares for $170.20 each. As a result, the insider received 5,276,203 and left with 63,731 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 43651538944 and an Enterprise Value of 48264597504. As of this moment, Allstate’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.08, and their Forward P/E ratio for the next fiscal year is 9.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.75 while its Price-to-Book (P/B) ratio in mrq is 2.62. Its current Enterprise Value per Revenue stands at 0.824 whereas that against EBITDA is 17.725.
Stock Price History:
Over the past 52 weeks, ALL has reached a high of $179.93, while it has fallen to a 52-week low of $104.29. The 50-Day Moving Average of the stock is 0.58%, while the 200-Day Moving Average is calculated to be 7.66%.
Shares Statistics:
For the past three months, ALL has traded an average of 1.38M shares per day and 1541690 over the past ten days. A total of 263.92M shares are outstanding, with a floating share count of 262.37M. Insiders hold about 0.58% of the company’s shares, while institutions hold 80.02% stake in the company. Shares short for ALL as of 1721001600 were 2572125 with a Short Ratio of 1.87, compared to 1718323200 on 2569283. Therefore, it implies a Short% of Shares Outstanding of 2572125 and a Short% of Float of 1.1199999999999999.
Dividends & Splits
According to the company, the forward annual dividend rate for ALL is 3.62, from 3.59 in the trailing year. Against a Trailing Annual Dividend Yield of 0.020830916The stock’s 5-year Average Dividend Yield is 2.38.
