1.84% volatility in Allstate Corp (ALL) last month: This is a red flag warning

On Friday, Allstate Corp (NYSE: ALL) was 2.28% up from the session before settling in for the closing price of $169.11. A 52-week range for ALL has been $100.57 – $174.57.

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Annual sales at Financial sector company grew by 7.88% over the past five years. When this article was written, the company’s average yearly earnings per share was at 1274.36%. With a float of $262.22 million, this company’s outstanding shares have now reached $263.76 million.

Let’s look at the performance matrix of the company that is accounted for 53400 employees.

Allstate Corp (ALL) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Allstate Corp stocks. The insider ownership of Allstate Corp is 0.58%, while institutional ownership is 78.81%. The most recent insider transaction that took place on Mar 26 ’24, was worth 5,276,203. In this transaction Pres, Invest. & Corp. Strategy of this company sold 31,000 shares at a rate of $170.20, taking the stock ownership to the 63,731 shares. Before that another transaction happened on Feb 27 ’24, when Company’s SVP, Controller, and CAO sold 4,000 for $159.47, making the entire transaction worth $637,880. This insider now owns 10,736 shares in total.

Allstate Corp (ALL) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.01 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 1274.36% per share during the next fiscal year.

Allstate Corp (NYSE: ALL) Trading Performance Indicators

You can see what Allstate Corp (ALL) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.80. Likewise, its price to free cash flow for the trailing twelve months is 11.52.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.19, a number that is poised to hit 3.94 in the next quarter and is forecasted to reach 16.94 in one year’s time.

Technical Analysis of Allstate Corp (ALL)

Allstate Corp (NYSE: ALL) saw its 5-day average volume 1.62 million, a negative change from its year-to-date volume of 1.69 million. As of the previous 9 days, the stock’s Stochastic %D was 57.37%. Additionally, its Average True Range was 3.43.

During the past 100 days, Allstate Corp’s (ALL) raw stochastic average was set at 96.00%, which indicates a significant increase from 88.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.66% in the past 14 days, which was higher than the 18.57% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $163.59, while its 200-day Moving Average is $135.19. Nevertheless, the first resistance level for the watch stands at $174.62 in the near term. At $176.27, the stock is likely to face the second major resistance level. The third major resistance level sits at $178.70. If the price goes on to break the first support level at $170.54, it is likely to go to the next support level at $168.11. Assuming the price breaks the second support level, the third support level stands at $166.46.

Allstate Corp (NYSE: ALL) Key Stats

There are 263,067K outstanding shares of the company, which has a market capitalization of 45.62 billion. As of now, sales total 57,094 M while income totals -188,000 K. Its latest quarter income was 14,832 M while its last quarter net income were 1,489 M.