Allstate Corp (NYSE: ALL) is 36.22% higher on its value in year-to-date trading and has touched a low of $109.01 and a high of $191.56 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 $191.01 in the last trading session, with the day’s loss setting it -0.33%.
Currently trading at $190.68, the stock is 2.35% and 7.29% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.59 million and changing -0.17% at the moment leaves the stock 16.40% off its SMA200. ALL registered 68.18% gain for a year compared to 6-month gain of 18.31%.
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The stock witnessed a 5.69% loss in the last 1 month and extending the period to 3 months gives it a 17.28%, and is 2.46% 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 1.70% over the week and 1.83% over the month.
Allstate Corp (ALL) has around 53400 employees, a market worth around $50.35B and $60.30B in sales. Current P/E ratio is 17.33 and Fwd P/E is 10.62. Profit margin for the company is 4.82%. Distance from 52-week low is 74.92% and -0.46% from its 52-week high. The company has generated returns on investments over the last 12 months (11.16%).
The EPS is expected to grow by 1480.66% this year
1757.0 institutions hold shares in Allstate Corp (ALL), with institutional investors hold 80.72% of the company’s shares. The shares outstanding are 264.04M, and float is at 262.49M with Short Float at 0.79%. Institutions hold 80.25% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 32.08 million shares valued at $5.12 billion. The investor’s holdings represent 12.1735 of the ALL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 19.83 million shares valued at $3.17 billion to account for 7.5266 of the shares outstanding. The other top investors are STATE STREET CORP which holds 11.37 million shares representing 4.3148 and valued at over $1.83 billion, while PRICE T ROWE ASSOCIATES INC /MD/ holds 3.53 of the shares totaling 9.3 million with a market value of $1.49 billion.
Allstate Corp (ALL) Insider Activity
Allstate Corp disclosed in a document filed with the SEC on Aug 21 ’24 that WILSON THOMAS J (Chairman, President & CEO) sold a total of 90,000 shares of the company’s common stock. The trade occurred on Aug 21 ’24 and was made at $179.34 per share for $16.14 million. Following the transaction, the insider now directly holds 88552.0 shares of the ALL stock.
Still, SEC filings show that on Aug 22 ’24, WILSON THOMAS J (Chairman, President & CEO) disposed off 88,552 shares at an average price of $179.57 for $15.9 million. The insider now directly holds 0 shares of Allstate Corp (ALL).
