Analyst Ratings for Allstate Corp. (ALL)Updated: 2017-07-28
Analysts covering Allstate Corp. (NYSE:ALL) have given it a consensus rating of Overweight. About 30 days ago, ALL was issued an average rating of Overweight.
12 analysts declared ALL a buy, 0 gave an overweight rating, 8 gave a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Investment analysts gave a few price targets for ALL. The highest price target was 105, implying potential capital gains of 16.02 percent. The minimum price target given was 78, implying a possible loss of -13.81 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates downwards for this quarter, by about -16.95 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -24.57 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -3.58 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 4.5 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 8 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 9 analysts made negative revisions to their fiscal year's estimates.
ALL has an estimated earnings growth rate of 1.19 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of ALL is 12.85.
In the trailing 52-weeks, ALL hit 90.74 at the highest peak, while it's lowest trading point was 66.55. Today's price is 35.99 percent above the 52-week low, and 0.26 percent lower than its 52-week high. ALL has a price/earnings ratio of 15.29. Investors typically compare the P/E ratio to a company's peers in the industry. The ALL value stock report compares ALL to some of its peers using value stock charts. The market cap of ALL is $32.69 billion. ALL will post this quarters earnings in days, on 0000-00-00.