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Allstate (ALL) Stock Declines While Market Improves: Some Information for Investors
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Allstate (ALL - Free Report) ended the recent trading session at $265.38, demonstrating a -3.28% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 1.66%. Elsewhere, the Dow saw an upswing of 1.19%, while the tech-heavy Nasdaq appreciated by 2.78%.
The insurer's shares have seen an increase of 12.86% over the last month, surpassing the Finance sector's gain of 1.93% and the S&P 500's loss of 1.49%.
The investment community will be paying close attention to the earnings performance of Allstate in its upcoming release. The company is slated to reveal its earnings on August 5, 2026. In that report, analysts expect Allstate to post earnings of $5.76 per share. This would mark a year-over-year decline of 3.03%. Simultaneously, our latest consensus estimate expects the revenue to be $17.73 billion, showing a 5.67% escalation compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $30.74 per share and a revenue of $71.42 billion, indicating changes of -11.74% and +5.26%, respectively, from the former year.
Investors should also take note of any recent adjustments to analyst estimates for Allstate. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been a 3.33% rise in the Zacks Consensus EPS estimate. Currently, Allstate is carrying a Zacks Rank of #2 (Buy).
In the context of valuation, Allstate is at present trading with a Forward P/E ratio of 8.93. This signifies a discount in comparison to the average Forward P/E of 12.33 for its industry.
Also, we should mention that ALL has a PEG ratio of 0.47. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Insurance - Property and Casualty industry had an average PEG ratio of 2.96 as trading concluded yesterday.
The Insurance - Property and Casualty industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 148, positioning it in the bottom 40% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
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Allstate (ALL) Stock Declines While Market Improves: Some Information for Investors
Allstate (ALL - Free Report) ended the recent trading session at $265.38, demonstrating a -3.28% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 1.66%. Elsewhere, the Dow saw an upswing of 1.19%, while the tech-heavy Nasdaq appreciated by 2.78%.
The insurer's shares have seen an increase of 12.86% over the last month, surpassing the Finance sector's gain of 1.93% and the S&P 500's loss of 1.49%.
The investment community will be paying close attention to the earnings performance of Allstate in its upcoming release. The company is slated to reveal its earnings on August 5, 2026. In that report, analysts expect Allstate to post earnings of $5.76 per share. This would mark a year-over-year decline of 3.03%. Simultaneously, our latest consensus estimate expects the revenue to be $17.73 billion, showing a 5.67% escalation compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $30.74 per share and a revenue of $71.42 billion, indicating changes of -11.74% and +5.26%, respectively, from the former year.
Investors should also take note of any recent adjustments to analyst estimates for Allstate. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been a 3.33% rise in the Zacks Consensus EPS estimate. Currently, Allstate is carrying a Zacks Rank of #2 (Buy).
In the context of valuation, Allstate is at present trading with a Forward P/E ratio of 8.93. This signifies a discount in comparison to the average Forward P/E of 12.33 for its industry.
Also, we should mention that ALL has a PEG ratio of 0.47. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Insurance - Property and Casualty industry had an average PEG ratio of 2.96 as trading concluded yesterday.
The Insurance - Property and Casualty industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 148, positioning it in the bottom 40% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.