A new trading day began on Friday, with Allstate Corp (NYSE: ALL) stock price up 0.16% from the previous day of trading, before settling in for the closing price of $203.48. ALL’s price has ranged from $134.17 to $203.54 over the past 52 weeks.
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A company in the Financial sector has jumped its sales by 7.88% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 1587.31%. With a float of $263.29 million, this company’s outstanding shares have now reached $264.80 million.
In an organization with 53400 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 85.55%, operating margin of 7.75%, and the pretax margin is 8.23%.
Allstate Corp (ALL) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Insurance – Property & Casualty Industry. The insider ownership of Allstate Corp is 0.57%, while institutional ownership is 77.88%. The most recent insider transaction that took place on Nov 22 ’24, was worth 6,413,009. Before that another transaction happened on Sep 20 ’24, when Company’s Pres, Invest. & Corp. Strategy sold 36,367 for $191.38, making the entire transaction worth $6,959,905. This insider now owns 27,364 shares in total.
Allstate Corp (ALL) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 5.82 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 5.54 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1587.31% per share during the next fiscal year.
Allstate Corp (NYSE: ALL) Trading Performance Indicators
Here are Allstate Corp’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.87. Likewise, its price to free cash flow for the trailing twelve months is 6.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 15.49, a number that is poised to hit 5.58 in the next quarter and is forecasted to reach 18.92 in one year’s time.
Technical Analysis of Allstate Corp (ALL)
Let’s dig in a bit further. During the last 5-days, its volume was 1.6 million. That was better than the volume of 1.54 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 81.43%. Additionally, its Average True Range was 4.04.
During the past 100 days, Allstate Corp’s (ALL) raw stochastic average was set at 96.76%, which indicates a significant increase from 93.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.69% in the past 14 days, which was lower than the 23.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $191.42, while its 200-day Moving Average is $174.14. However, in the short run, Allstate Corp’s stock first resistance to watch stands at $205.36. Second resistance stands at $206.93. The third major resistance level sits at $208.50. If the price goes on to break the first support level at $202.22, it is likely to go to the next support level at $200.65. The third support level lies at $199.08 if the price breaches the second support level.
Allstate Corp (NYSE: ALL) Key Stats
With a market capitalization of 54.05 billion, the company has a total of 264,803K Shares Outstanding. Currently, annual sales are 57,094 M while annual income is -188,000 K. The company’s previous quarter sales were 16,627 M while its latest quarter income was 1,190 M.
