Allstate Corp [ALL] stock is trading at $180.41, down -0.12%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ALL shares have gain 4.91% over the last week, with a monthly amount glided 3.19%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Allstate Corp [NYSE: ALL] stock has seen the most recent analyst activity on August 12, 2024, when Wells Fargo upgraded its rating to a Equal Weight and also boosted its price target to $177 from $142. Previously, BMO Capital Markets upgraded its rating to Outperform on July 18, 2024, and elevated its price target to $191. On March 28, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $190 on the stock. TD Cowen started tracking the stock assigning a Outperform rating and suggested a price target of $193 on January 10, 2024. Jefferies upgraded its rating to a Buy and raised its price target to $180 on January 09, 2024. Morgan Stanley upgraded its rating to Overweight for this stock on January 04, 2024, and upped its price target to $171. In a note dated December 28, 2023, HSBC Securities initiated an Hold rating and provided a target price of $145 on this stock.
Allstate Corp [ALL] stock has fluctuated between $104.29 and $184.30 over the past year. Currently, Wall Street analysts expect the stock to reach $170.14 within the next 12 months. Allstate Corp [NYSE: ALL] shares were valued at $180.41 at the most recent close of the market. An investor can expect a potential drop of -5.69% based on the average ALL price forecast.
Analyzing the ALL fundamentals
Allstate Corp [NYSE:ALL] reported sales of 60.30B for the trailing twelve months, which represents a growth of 12.41%. Gross Profit Margin for this corporation currently stands at 0.88% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.17 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.43.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 179.49 points at the first support level, and at 178.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 181.24, and for the 2nd resistance point, it is at 182.06.
Ratios To Look Out For
For context, Allstate Corp’s Current Ratio is 0.44. Considering the valuation of this stock, the price to sales ratio is 0.79, the price to book ratio is 2.87 and price to earnings (TTM) ratio is 16.40.
Transactions by insiders
Recent insider trading involved Brady Elizabeth, Executive Vice President – AIC, that happened on Aug 16 ’24 when 49481.0 shares were sold. Officer, Toohey Robert completed a deal on Aug 19 ’24 to buy 16682.0 shares. Meanwhile, Officer Brady Elizabeth bought 49481.0 shares on Aug 16 ’24.
