Allstate Corp (NYSE: ALL) is 21.95% higher on its value in year-to-date trading and has touched a low of $100.57 and a high of $177.37 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ALL stock was last observed hovering at around $167.81 in the last trading session, with the day’s gains setting it 2.89%.
Currently trading at $170.70, the stock is 5.99% and 4.08% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.08 million and changing 1.72% at the moment leaves the stock 12.47% off its SMA200. ALL registered 66.68% gain for a year compared to 6-month gain of 12.67%.
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The stock witnessed a 8.68% loss in the last 1 month and extending the period to 3 months gives it a 3.95%, and is 6.71% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.78% over the week and 1.70% over the month.
Allstate Corp (ALL) has around 53400 employees, a market worth around $45.05B and $58.57B in sales. Current P/E ratio is 37.24 and Fwd P/E is 9.92. Profit margin for the company is 2.08%. Distance from 52-week low is 69.73% and -3.76% from its 52-week high. The company has generated returns on investments over the last 12 months (4.69%).
The EPS is expected to grow by 1219.14% this year
The shares outstanding are 263.92M, and float is at 262.37M with Short Float at 0.96%.
Allstate Corp (ALL) Insider Activity
The most recent transaction is an insider sale by SPRIESER JUDITH A, the company’s Director. SEC filings show that SPRIESER JUDITH A sold 1,124 shares of the company’s common stock on Jun 03 ’24 at a price of $166.88 per share for a total of $0.19 million. Following the sale, the insider now owns 0.0 shares.
Allstate Corp disclosed in a document filed with the SEC on Mar 26 ’24 that Dugenske John E (Pres, Invest. & Corp. Strategy) sold a total of 31,000 shares of the company’s common stock. The trade occurred on Mar 26 ’24 and was made at $170.20 per share for $5.28 million. Following the transaction, the insider now directly holds 63731.0 shares of the ALL stock.
Still, SEC filings show that on Feb 27 ’24, Pintozzi John C (SVP, Controller, and CAO) disposed off 4,000 shares at an average price of $159.47 for $0.64 million. The insider now directly holds 10,736 shares of Allstate Corp (ALL).
