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.
ALL was given price targets by several analysts. The most optimistic analyst gave a price target of 105, implying potential capital gains of 16.02 percent. The minimum price target given was 78, implying a possible loss of -13.81 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -16.95 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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. Over the past month, 0 analysts increased their quarterly estimates, while 8 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 9 analysts that revised their FY estimates downwards.
ALL has an estimated earnings growth rate of 1.19 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. ALL has a PEG ratio of 12.85.
ALL has traded between a high of 90.74 and a low of 66.55 over the past year. The current market price is above the trailing year's low by 35.99 percent, and 0.26 percent below the 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 stock has a market capitalization of $32.69 billion. ALL will post this quarters earnings in days, on 0000-00-00.