Allstate Corp (NYSE: ALL) is 0.21% higher on its value in year-to-date trading and has touched a low of $153.42 and a high of $209.88 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 $186.07 in the last trading session, with the day’s gains setting it 7.12%.
Currently trading at $193.19, the stock is 2.24% and -0.83% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.52 million and changing 3.83% at the moment leaves the stock 7.03% off its SMA200. ALL registered 22.72% gain for a year compared to 6-month gain of 16.80%. The firm has a 50-day simple moving average (SMA 50) of $194.8992 and a 200-day simple moving average (SMA200) of $180.37276.
The stock witnessed a -0.23% loss in the last 1 month and extending the period to 3 months gives it a 0.21%, and is 2.27% 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 2.50% over the week and 2.48% over the month.
Allstate Corp (ALL) has around 53400 employees, a market worth around $51.16B and $62.43B in sales. Current P/E ratio is 12.47 and Fwd P/E is 10.23. Profit margin for the company is 6.58%. Distance from 52-week low is 25.92% and -7.95% from its 52-week high. The company has generated returns on investments over the last 12 months (14.50%).
with sales reaching $16.23B over the same period.The EPS is expected to grow by 1670.18% this year, but quarterly earnings will post 10.64% year-over-year. Quarterly sales are estimated to grow 9.46% in year-over-year returns.
Allstate Corp (ALL) Top Institutional Holders
1869.0 institutions hold shares in Allstate Corp (ALL), with institutional investors hold 80.53% of the company’s shares. The shares outstanding are 265.00M, and float is at 263.39M with Short Float at 0.91%. Institutions hold 80.07% 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 Jan 21 ’25 at a price of $192.10 per share for a total of $6.05 million. Following the sale, the insider now owns 94507.0 shares.
Still, SEC filings show that on Dec 23 ’24, WILSON THOMAS J (Chairman, President & CEO) disposed off 31,503 shares at an average price of $192.71 for $6.07 million. The insider now directly holds 126,010 shares of Allstate Corp (ALL).
