The company's fundamentals are relatively stable. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a weak stock market performance, the company shows strong technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
The company's current financial score is 5.58, which is lower than the Insurance industry's average of 6.51. Its financial status is weak, and its operating efficiency is low. Its latest quarterly revenue reached 16.63B, representing a year-over-year increase of 5.85%, while its net profit experienced a year-over-year increase of 590.70%.
Key Metrics
The company’s current valuation score is 8.41, which is higher than the Insurance industry's average of 7.37. Its current P/E ratio is 8.87, which is 327.67% below the recent high of 37.95 and 1719.44% above the recent low of -143.72.
The company’s current earnings forecast score is 8.00, which is higher than the Insurance industry's average of 7.32. The average price target for Allstate Corp is 237.00, with a high of 288.00 and a low of 198.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The company’s current price momentum score is 6.65, which is lower than the Insurance industry's average of 6.94. Sideways: Currently, the stock price is trading between the resistance level at 207.58 and the support level at 181.50, making it suitable for range-bound swing trading.
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The company’s current institutional recognition score is 7.00, which is higher than the Insurance industry's average of 6.79. The latest institutional shareholding proportion is 81.94%, representing a quarter-over-quarter increase of 0.80%. The largest institutional shareholder is The Vanguard, holding a total of 33.11M shares, representing 12.57% of shares outstanding, with 2.41% increase in holdings.
There is no risk assessment score for the company; the Insurance industry's average is 6.81. The company's beta value is 0.35. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.
