Allstate Corp (NYSE: ALL) is -0.70% lower on its value in year-to-date trading and has touched a low of $143.80 and a high of $209.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ALL stock was last observed hovering at around $191.95 in the last trading session, with the day’s loss setting it -0.5%.
Currently trading at $191.45, the stock is -1.62% and -2.02% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.43 million and changing -0.26% at the moment leaves the stock 6.80% off its SMA200. ALL registered 32.03% gain for a year compared to 6-month gain of 20.84%. The firm has a 50-day simple moving average (SMA 50) of $195.3914 and a 200-day simple moving average (SMA200) of $179.2643.
The stock witnessed a -5.88% loss in the last 1 month and extending the period to 3 months gives it a 1.92%, and is -2.13% down 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 1.48% over the week and 1.86% over the month.
Allstate Corp (ALL) has around 53400 employees, a market worth around $50.56B and $62.43B in sales. Current P/E ratio is 12.36 and Fwd P/E is 10.11. Profit margin for the company is 6.58%. Distance from 52-week low is 33.14% and -8.78% from its 52-week high. The company has generated returns on investments over the last 12 months (14.50%).
The EPS is expected to grow by 1615.57% this year.
Allstate Corp (ALL) Top Institutional Holders
1851.0 institutions hold shares in Allstate Corp (ALL), with institutional investors hold 80.43% of the company’s shares. The shares outstanding are 265.00M, and float is at 263.36M with Short Float at 0.88%. Institutions hold 79.97% 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 12.1459% 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 3.522 of the shares totaling 9.3 million with a market value of $1.49 billion.
Allstate Corp (ALL) Insider Activity
The most recent transaction is an insider sale by WILSON THOMAS J, the company’s Chairman, President & CEO. SEC filings show that WILSON THOMAS J sold 31,503 shares of the company’s common stock on Dec 23 ’24 at a price of $192.71 per share for a total of $6.07 million. Following the sale, the insider now owns 0.13 million shares.
Still, SEC filings show that on Nov 22 ’24, WILSON THOMAS J (Chairman, President & CEO) disposed off 31,503 shares at an average price of $203.57 for $6.41 million. The insider now directly holds 157,513 shares of Allstate Corp (ALL).
