Allstate Corp's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 51 out of 116 in the Insurance industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 238.68.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, 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.
Media Coverage
The current financial score of Allstate Corp is 5.58, ranking 80 out of 116 in the Insurance industry. Its financial status is weak, and its operating efficiency is low. Its latest quarterly revenue reached 16.94B, representing a year-over-year increase of 2.97%, while its net profit experienced a year-over-year increase of 328.98%.
Key Metrics
The current valuation score of Allstate Corp is 8.41, ranking 26 out of 116 in the Insurance industry. Its current P/E ratio is 4.75, which is 699.51% below the recent high of 37.95 and 3127.44% above the recent low of -143.72.
The current earnings forecast score of Allstate Corp is 7.58, ranking 35 out of 116 in the Insurance industry. The average price target is 244.00, with a high of 300.00 and a low of 201.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Allstate Corp is 8.81, ranking 27 out of 116 in the Insurance industry. Currently, the stock price is trading between the resistance level at 223.23 and the support level at 210.51, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Allstate Corp is 7.00, ranking 52 out of 116 in the Insurance industry. The latest institutional shareholding proportion is 89.29%, representing a quarter-over-quarter increase of 5.01%. The largest institutional shareholder is PRFDX, holding a total of 11.22M shares, representing 4.36% of shares outstanding, with 2.65% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Insurance domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. No risk assessment score is currently available for Allstate Corp. The Insurance industry's average is 7.10. The company's beta value is 0.21. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. Allstate Corp’s latest ESG disclosure leads the Insurance industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
