The Allstate Corporation (NYSE:ALL) saw a downside of -0.90% to close Tuesday at $126.81 after subtracting -$1.15 on the day. The 5-day average trading volume is 1,247,100 shares of the company’s common stock. It has gained $130.06 in the past week. An average of 1,526,100 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,484,480.
ALL’s 1-month performance is -4.85% or -$4.74 on its low of $125.79 reached on 10/06/21. The company’s shares have touched a 52-week low of $86.51 and high of $140.00, with the stock’s rally to the 52-week high happening on 05/26/21. YTD, ALL has achieved 15.36% or $16.88. However, the current price is down -9.42%% from the 52-week high price.
3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
On Jun 21, 114 days have gone by since the last insider trading activity for The Allstate Corporation (ALL). Merten Jesse E (President, Financial Products) most recently sold 15,000 shares at $127.84 per share on Jun 21. This transaction cost the insider $1,917,570. PresPersonalProperty&Liability, Shapiro Glenn T, sold 7,000 shares at a price of $137.45 on May 21. Then, on May 21, SVP, Controller, and CAO Pintozzi John C sold 2,000 shares at a price of $137.06 per share. This transaction amounted to $274,126.
The company’s PE ratio for the last five years has touched a high of 20.16 and a low of 5.201. ALL stock has a beta of 0.86. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.77 while the price-to-book (PB) in the most recent quarter is 1.46, with the price to cash flow ratio at 8.46.
The Allstate Corporation pays an annual dividend of $3.24 per share. Its dividend yield is 2.56% and the payout ratio is 18.90%. ALL’s most recent quarterly dividend payment was made on Oct. 1, when it paid $0.81 a share compared with prior rate of $0.81, down 0.0% from last year’s. The company has boosted its dividend for the last 1 consecutive years with the latest dividend increase of $0.27 reported on Monday February 22 2021. Measured over the last 3 years, the Dividend has been growing by 45.95% yearly.
It is projected that The Allstate Corporation’s next ex-dividend date will be on 29-Nov. ALL is expected to distribute $0.81 as its next dividend.
As well, the company’s long term debt to equity for the quarter ending June 29 was 0.31, while the total debt to equity was 0.31 while for the period ending June 29; The Allstate Corporation’s operating margin was 19.70%.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected ALL to announce $3.17 per share in earnings in its latest quarter, but it posted $3.79, representing a 19.60% surprise. EBITDA for the quarter stood at more than $2.27 billion. ALL stock balance sheet for the quarter ending June 29 shows that, with total debt at $8.0 billion. Shareholders hold equity totaling $295.68 million
Let’s look briefly at The Allstate Corporation (ALL) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 37.86% to suggest the stock is trending Neutral, with historical volatility in this time period at 13.12%.
The stock’s 5-day moving average is $127.30, reflecting a -1.03% or -$1.32 change from its current price. ALL is currently trading -4.03% above its 20-day SMA, -6.82% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -2.27% and +18.30% respectively.
Stochastic %K and %D was 21.91% and 22.92% and the average true range (ATR) pointed at 2.39. The RSI (14) points at 38.97%, while the 14-day stochastic is at 15.67% with the period’s ATR at 2.35. The stock’s 9-day MACD Oscillator is pointing at -0.14 and -1.02 on the 14-day charts.
In the most recent analyst report for The Allstate Corporation (NYSE: ALL), Wolfe Research launched coverage with a Peer perform rating. Analysts offering their rating for ALL stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate ALL as a “sell,”, while 9 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 0 rates the stock as overweight while 8 have offered a “buy” rating.
What is ALL’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $130.00 and a high of $176.00, with their median price target at $145.50. Looking at these predictions, the average price target given by analysts is for The Allstate Corporation (ALL) stock is $147.00.