At the time of writing, Allstate Corp [ALL] stock is trading at $190.81, down -0.08%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ALL shares have gain 3.00% over the last week, with a monthly amount drifted -2.46%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Allstate Corp [NYSE: ALL] stock has seen the most recent analyst activity on January 08, 2025, when Evercore ISI upgraded its rating to a Outperform. Previously, Barclays started tracking the stock with Underweight rating on September 05, 2024, and set its price target to $175. On August 12, 2024, upgrade upgraded it’s rating to Equal Weight and revised its price target to $177 on the stock. BMO Capital Markets upgraded its rating to a Outperform and increased its price target to $191 on July 18, 2024. HSBC Securities upgraded its rating to a Buy and raised its price target to $190 on March 28, 2024. TD Cowen started tracking with a Outperform rating for this stock on January 10, 2024, and assigned it a price target of $193. In a note dated January 09, 2024, Jefferies upgraded an Buy rating on this stock and boosted its target price from $130 to $180.
For the past year, the stock price of Allstate Corp fluctuated between $153.42 and $209.88. Currently, Wall Street analysts expect the stock to reach $209.57 within the next 12 months. Allstate Corp [NYSE: ALL] shares were valued at $190.81 at the most recent close of the market. An investor can expect a potential return of 9.83% based on the average ALL price forecast.
Analyzing the ALL fundamentals
According to Allstate Corp [NYSE:ALL], the company’s sales were 62.43B for trailing twelve months, which represents an 14.69% jump. Gross Profit Margin for this corporation currently stands at 0.86% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.22 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.39.
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 189.43 points at the first support level, and at 188.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 192.57, and for the 2nd resistance point, it is at 194.33.
Ratios To Look Out For
It is important to note that Allstate Corp [NYSE:ALL] has a current ratio of 0.47. Considering the valuation of this stock, the price to sales ratio is 0.81, the price to book ratio is 2.68 and price to earnings (TTM) ratio is 12.32.
Transactions by insiders
Recent insider trading involved WILSON THOMAS J, Chairman, President & CEO, that happened on Jan 21 ’25 when 31503.0 shares were sold. Officer, WILSON THOMAS J completed a deal on Jan 21 ’25 to buy 31503.0 shares. Meanwhile, Chairman, President & CEO WILSON THOMAS J sold 31503.0 shares on Dec 23 ’24.
