Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Allstate Corp (NYSE: ALL) closed the day trading at $185.91 down -2.89% from the previous closing price of $191.45. In other words, the price has decreased by -$2.89 from its previous closing price. On the day, 2.62 million shares were traded. ALL stock price reached its highest trading level at $192.55 during the session, while it also had its lowest trading level at $185.37.
Ratios:
For a better understanding of ALL, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.36.
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 this company, Barclays on September 05, 2024, initiated with a Underweight rating and assigned the stock a target price of $175.
On August 12, 2024, Wells Fargo Upgraded its rating to Equal Weight which previously was Underweight and also upped its target price recommendation from $142 to $177.
BMO Capital Markets Upgraded its Market Perform to Outperform on July 18, 2024, whereas the target price for the stock was revised from $190 to $191.
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 Dec 23 ’24 when WILSON THOMAS J sold 31,503 shares for $192.71 per share. The transaction valued at 6,070,790 led to the insider holds 126,010 shares of the business.
WILSON THOMAS J bought 31,503 shares of ALL for $6,070,792 on Dec 23 ’24. On Nov 22 ’24, another insider, WILSON THOMAS J, who serves as the Chairman, President & CEO of the company, sold 31,503 shares for $203.57 each. As a result, the insider received 6,413,009 and left with 157,513 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 50696544256 and an Enterprise Value of 51472609280. As of this moment, Allstate’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.00, and their Forward P/E ratio for the next fiscal year is 9.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.79 while its Price-to-Book (P/B) ratio in mrq is 2.61. Its current Enterprise Value per Revenue stands at 0.824 whereas that against EBITDA is 8.311.
Stock Price History:
The Beta on a monthly basis for ALL is 0.52, which has changed by 0.26804876 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, ALL has reached a high of $209.88, while it has fallen to a 52-week low of $147.08. The 50-Day Moving Average of the stock is -4.79%, while the 200-Day Moving Average is calculated to be 3.64%.
Shares Statistics:
Over the past 3-months, ALL traded about 1.49M shares per day on average, while over the past 10 days, ALL traded about 1223050 shares per day. A total of 265.00M shares are outstanding, with a floating share count of 263.36M. Insiders hold about 0.54% of the company’s shares, while institutions hold 77.86% stake in the company. Shares short for ALL as of 1734048000 were 2315744 with a Short Ratio of 1.56, compared to 1731628800 on 2024363. Therefore, it implies a Short% of Shares Outstanding of 2315744 and a Short% of Float of 1.0.
Dividends & Splits
ALL’s forward annual dividend rate is 3.68, up from 3.65 a year ago. Against a Trailing Annual Dividend Yield of 0.01906503The stock’s 5-year Average Dividend Yield is 2.39.
