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Allstate (ALL) Stock Sinks As Market Gains: What You Should Know
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Allstate (ALL - Free Report) closed the most recent trading day at $251.71, moving -1.66% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.6%. On the other hand, the Dow registered a gain of 0.03%, and the technology-centric Nasdaq increased by 1.18%.
Coming into today, shares of the insurer had gained 12.48% in the past month. In that same time, the Finance sector lost 0.87%, while the S&P 500 lost 0.79%.
Investors will be eagerly watching for the performance of Allstate in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 4, 2026. In that report, analysts expect Allstate to post earnings of $7.03 per share. This would mark a year-over-year decline of 37.06%. Alongside, our most recent consensus estimate is anticipating revenue of $17.84 billion, indicating a 4.93% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $36.21 per share and a revenue of $71.04 billion, indicating changes of +3.96% and +4.69%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Allstate. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
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, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.25% higher within the past month. At present, Allstate boasts a Zacks Rank of #3 (Hold).
In the context of valuation, Allstate is at present trading with a Forward P/E ratio of 7.07. This valuation marks a discount compared to its industry average Forward P/E of 11.62.
Also, we should mention that ALL has a PEG ratio of 0.57. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Insurance - Property and Casualty industry was having an average PEG ratio of 2.
The Insurance - Property and Casualty industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 67, finds itself in the top 28% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. 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) Stock Sinks As Market Gains: What You Should Know
Allstate (ALL - Free Report) closed the most recent trading day at $251.71, moving -1.66% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.6%. On the other hand, the Dow registered a gain of 0.03%, and the technology-centric Nasdaq increased by 1.18%.
Coming into today, shares of the insurer had gained 12.48% in the past month. In that same time, the Finance sector lost 0.87%, while the S&P 500 lost 0.79%.
Investors will be eagerly watching for the performance of Allstate in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 4, 2026. In that report, analysts expect Allstate to post earnings of $7.03 per share. This would mark a year-over-year decline of 37.06%. Alongside, our most recent consensus estimate is anticipating revenue of $17.84 billion, indicating a 4.93% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $36.21 per share and a revenue of $71.04 billion, indicating changes of +3.96% and +4.69%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Allstate. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
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, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.25% higher within the past month. At present, Allstate boasts a Zacks Rank of #3 (Hold).
In the context of valuation, Allstate is at present trading with a Forward P/E ratio of 7.07. This valuation marks a discount compared to its industry average Forward P/E of 11.62.
Also, we should mention that ALL has a PEG ratio of 0.57. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Insurance - Property and Casualty industry was having an average PEG ratio of 2.
The Insurance - Property and Casualty industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 67, finds itself in the top 28% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. 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.