Allstate Corp (NYSE: ALL) is -1.87% lower on its value in year-to-date trading and has touched a low of $153.87 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 $191.60 in the last trading session, with the day’s loss setting it -2.42%.
Currently trading at $189.18, the stock is -0.57% and -0.96% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.38 million and changing -1.26% at the moment leaves the stock 3.78% off its SMA200. ALL registered 16.94% gain for a year compared to 6-month gain of 4.74%.
The stock witnessed a -0.30% loss in the last 1 month and extending the period to 3 months gives it a -3.91%, and is -0.08% 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 2.52% over the week and 2.35% over the month.
Allstate Corp (ALL) has around 53400 employees, a market worth around $50.10B and $63.30B in sales. Current P/E ratio is 11.14 and Fwd P/E is 8.95. Profit margin for the company is 7.19%. Distance from 52-week low is 22.95% and -9.86% from its 52-week high. The company has generated returns on investments over the last 12 months (15.41%).
with sales reaching $16.41B over the same period.The EPS is expected to shrink by -2.38% this year, but quarterly earnings will post 5.84% year-over-year. Quarterly sales are estimated to grow 7.56% in year-over-year returns.
The shares outstanding are 265.00M, and float is at 263.32M with Short Float at 0.97%.
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 7.5095 of the shares outstanding. The other top investors are STATE STREET CORP which holds 11.37 million shares representing 4.305 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 Merten Jesse E, the company’s EVP & Chief Financial Officer. SEC filings show that Merten Jesse E sold 40,102 shares of the company’s common stock on Feb 10 ’25 at a price of $186.53 per share for a total of $7.48 million. Following the sale, the insider now owns 18115.0 shares.
Still, SEC filings show that on Jan 21 ’25, WILSON THOMAS J (Chairman, President & CEO) disposed off 31,503 shares at an average price of $192.10 for $6.05 million. The insider now directly holds 94,507 shares of Allstate Corp (ALL).
