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.
Several price targets were given for ALL by the analysts covering the stock. The maximum price target given was 105, implying a possible profit of 16.02 percent. The lowest 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.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -16.95 percent. That number becomes -24.57 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -3.58 percent. If we look at the last 90 days instead, we find a net average change of 4.5 percent in FY estimates.
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. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 9 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of ALL to grow at a rate of 1.19 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. ALL has a PEG ratio of 12.85.
ALL has a 52-week high of 90.74 and a 52-week low of 66.55. Today's price is 35.99 percent above the 52-week low, and below the high by 0.26 percent. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.