From Nasdaq: 2024-04-12 18:15:21

In the latest trading session, Allstate (ALL) closed at $166.81, up +0.72%. The stock outperformed the S&P 500, which lost 1.46%, while the Dow and Nasdaq lost 1.24% and 1.63%, respectively. Allstate stock has risen by 3.91% in the past month, surpassing the Finance sector’s loss of 3.74% and the S&P 500’s gain of 1.6%.

Analysts are eagerly anticipating Allstate’s upcoming earnings report on May 1, 2024. The projected EPS is $3.85, a 396.15% increase from the previous year. Revenue estimates stand at $15.29 billion, an 11.03% rise. Full-year estimates for earnings are $13.41 per share and $63.19 billion in revenue, representing +1311.58% and +10.11% changes, respectively.

Allstate is currently ranked at #3 (Hold) on the Zacks Rank, with a 3.36% increase in the Zacks Consensus EPS estimate over the last 30 days. The stock is trading at a discount compared to its industry with a Forward P/E ratio of 12.35 and a PEG ratio of 0.41. The Insurance – Property and Casualty industry is in the top 15% of all industries.

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Read more at Nasdaq: Allstate (ALL) Rises As Market Takes a Dip: Key Facts