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Allstate (ALL) Outpaces Stock Market Gains: What You Should Know
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Allstate (ALL - Free Report) ended the recent trading session at $249.91, demonstrating a +1.24% change from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 0.28%. At the same time, the Dow added 1.02%, and the tech-heavy Nasdaq lost 0.02%.
Coming into today, shares of the insurer had gained 1.64% in the past month. In that same time, the Finance sector lost 2.55%, while the S&P 500 gained 0.67%.
Analysts and investors alike will be keeping a close eye on the performance of Allstate in its upcoming earnings disclosure. The company's earnings report is set to go public on November 4, 2026. The company is predicted to post an EPS of $7.03, indicating a 37.06% decline compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $17.84 billion, up 4.93% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $36.2 per share and a revenue of $71.04 billion, signifying shifts of +3.93% and +4.69%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for Allstate. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
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 past month, the Zacks Consensus EPS estimate has shifted 2.11% upward. Currently, Allstate is carrying a Zacks Rank of #3 (Hold).
Looking at its valuation, Allstate is holding a Forward P/E ratio of 6.82. This indicates a discount in contrast to its industry's Forward P/E of 11.34.
Also, we should mention that ALL has a PEG ratio of 0.55. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Insurance - Property and Casualty industry had an average PEG ratio of 1.89 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 70, positioning 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.
To follow ALL in the coming trading sessions, be sure to utilize Zacks.com.
View the Zacks #1 Rank List
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Allstate (ALL) Outpaces Stock Market Gains: What You Should Know
Allstate (ALL - Free Report) ended the recent trading session at $249.91, demonstrating a +1.24% change from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 0.28%. At the same time, the Dow added 1.02%, and the tech-heavy Nasdaq lost 0.02%.
Coming into today, shares of the insurer had gained 1.64% in the past month. In that same time, the Finance sector lost 2.55%, while the S&P 500 gained 0.67%.
Analysts and investors alike will be keeping a close eye on the performance of Allstate in its upcoming earnings disclosure. The company's earnings report is set to go public on November 4, 2026. The company is predicted to post an EPS of $7.03, indicating a 37.06% decline compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $17.84 billion, up 4.93% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $36.2 per share and a revenue of $71.04 billion, signifying shifts of +3.93% and +4.69%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for Allstate. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
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 past month, the Zacks Consensus EPS estimate has shifted 2.11% upward. Currently, Allstate is carrying a Zacks Rank of #3 (Hold).
Looking at its valuation, Allstate is holding a Forward P/E ratio of 6.82. This indicates a discount in contrast to its industry's Forward P/E of 11.34.
Also, we should mention that ALL has a PEG ratio of 0.55. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Insurance - Property and Casualty industry had an average PEG ratio of 1.89 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 70, positioning 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.
To follow ALL in the coming trading sessions, be sure to utilize Zacks.com.