Analyst Research

Analyst Outlook on Rating and Recommendation: Allstate Corp (NYSE:ALL)

Allstate Corp (NYSE:ALL) fell -0.70% during previous trade. Macquarie issued rating on the stock of Allstate Corp (NYSE:ALL) in a research note issued to investors on Apr-19-17, the stock received “Downgrade” rating from Outperform to Neutral. Additionally FBR & Co. issued their verdict on the stock of the company, on record date of Nov-01-16 the stock was “Reiterated” as Mkt Perform from $70 to $82 besides that on Mar-01-17 Allstate Corp (NYSE:ALL) was “Downgraded” by Keefe Bruyette from Outperform to Mkt Perform. Furthermore on Jan-10-17 the stock was “Upgraded” by Goldman from Neutral to Buy.

Allstate Corp (NYSE:ALL) shares ended last trading session at the price of $79.75 whereas a number of traders indicating mean target price will hit $86.79 over the next twelve months, mean value of price target most recently revised on 04/14/17. Allstate Corp (NYSE:ALL)’s highest estimates of price target are $95 and low forecast is $78 based on the opinion of 14 analysts. The price target estimates represents a standard deviation of 6.41. However brokerage recommendations suggests an ABR of 2.09 based on calls of 11 experts, where 6 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 4 suggest Hold, 0 are rating the stock as Sell while 1 as Strong Sell.

Allstate Corp (NYSE:ALL) is expected to release the earnings of its current quarter on 5/2/17  After Market Close/. The company is expected to release $1.71 EPS for current quarter according to 18 analysts whereas the company reported $0.84 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $1.29 and high estimate of $1.89. For the current year Allstate Corp (NYSE:ALL) has set to release EPS of $6.19 as per the sentiments of 21 analysts, however according to 21 analysts, the company expected to release $6.89 EPS for next year.

Allstate Corp (NYSE:ALL)’s average revenue estimates for the current quarter are $7.75B according to 7 number of analysts. However its lowest revenue estimates are $7.71B and highest revenue estimates are $7.78B. A year ago the company’s sales were $7.51B. Its yearly sales growth estimates are 3.20%. For the next quarter the company has anticipated average revenues of $8.3B, according to the sentiments of 7 analysts. For the current year the company has fixed $32.65B revenues, as per the opinion of 8 analysts. For the current year the company has low revenue estimates of $32.37B in contradiction of high revenue estimates of $32.95B. Whereas for the next year revenues are set at $33.91B by 9 analysts.

The stock exchanged hands 988M shares versus average trading capacity of 67M shares, while its shares’ total market worth is $44B along with 4B outstanding shares. Allstate Corp (NYSE:ALL) shares were trading -4.02% below from the 52-week high price mark of $83.09 and +26.28% above from the 52-week price bottom of $63.15. However the company observed 52 week high price on 03/17/17 and witnessed 52 week low price on 04/29/16. The company’s price sits -1.51% above from its 50-day moving average of $81.55 and 9.87% far from the stock’s 200-day moving average which is $75.10. Allstate Corp (NYSE:ALL)’s price to sales ratio for trailing twelve month stands at 0.79, whereas its price to book ratio for most recent quarter sits at 1.56. However the company’s price to cash per share for most recent quarter stands at 66.80. Its price to free cash flow for trailing twelve months is 9.12.

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