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.
A number of analysts gave price targets for ALL. The most optimistic price target was 105, which equates to a potential upside of 16.02 percent. The most pessimistic price target was 78, implying potential capital losses of -13.81 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -16.95 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -24.57 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -3.58 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 4.5 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 8 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 9 analysts that revised their FY estimates downwards.
The growth rate of ALL's earnings is estimated by analysts to be 1.19 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of ALL is 12.85.
ALL has a 52-week high of 90.74 and a 52-week low of 66.55. Currently the stock is 35.99 percent higher than its low, and 0.26 percent lower than its 52-week high. ALL has a P/E 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's next earnings release will be on 0000-00-00, which is days away.