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Allstate (ALL) Rises Higher Than Market: Key Facts
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In the latest close session, Allstate (ALL - Free Report) was up +1.59% at $218.29. The stock exceeded the S&P 500, which registered a gain of 0.8% for the day. Meanwhile, the Dow experienced a drop of 0.15%, and the technology-dominated Nasdaq saw an increase of 1.6%.
Prior to today's trading, shares of the insurer had gained 3.67% lagged the Finance sector's gain of 5.61% and the S&P 500's gain of 5.15%.
The investment community will be closely monitoring the performance of Allstate in its forthcoming earnings report. The company is scheduled to release its earnings on April 29, 2026. The company is forecasted to report an EPS of $7.8, showcasing a 120.96% upward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $17.71 billion, indicating a 5.4% upward movement from the same quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $26.26 per share and a revenue of $72.84 billion, representing changes of -24.61% and +7.35%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Allstate. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 3.05% increase. Allstate currently has a Zacks Rank of #3 (Hold).
Looking at valuation, Allstate is presently trading at a Forward P/E ratio of 8.18. This indicates a discount in contrast to its industry's Forward P/E of 10.64.
We can also see that ALL currently has a PEG ratio of 0.43. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Insurance - Property and Casualty industry currently had an average PEG ratio of 1.96 as of yesterday's close.
The Insurance - Property and Casualty industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 69, which puts it in the top 29% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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Allstate (ALL) Rises Higher Than Market: Key Facts
In the latest close session, Allstate (ALL - Free Report) was up +1.59% at $218.29. The stock exceeded the S&P 500, which registered a gain of 0.8% for the day. Meanwhile, the Dow experienced a drop of 0.15%, and the technology-dominated Nasdaq saw an increase of 1.6%.
Prior to today's trading, shares of the insurer had gained 3.67% lagged the Finance sector's gain of 5.61% and the S&P 500's gain of 5.15%.
The investment community will be closely monitoring the performance of Allstate in its forthcoming earnings report. The company is scheduled to release its earnings on April 29, 2026. The company is forecasted to report an EPS of $7.8, showcasing a 120.96% upward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $17.71 billion, indicating a 5.4% upward movement from the same quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $26.26 per share and a revenue of $72.84 billion, representing changes of -24.61% and +7.35%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Allstate. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 3.05% increase. Allstate currently has a Zacks Rank of #3 (Hold).
Looking at valuation, Allstate is presently trading at a Forward P/E ratio of 8.18. This indicates a discount in contrast to its industry's Forward P/E of 10.64.
We can also see that ALL currently has a PEG ratio of 0.43. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Insurance - Property and Casualty industry currently had an average PEG ratio of 1.96 as of yesterday's close.
The Insurance - Property and Casualty industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 69, which puts it in the top 29% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.