Is Allstate Stock a Good Investment?

Allstate Investment Advice

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To provide specific investment advice or recommendations on The Allstate stock, we recommend investors consider the following general factors when evaluating The Allstate. This will help you to make an informed decision on whether to include Allstate in one of your diversified portfolios:

Examine Allstate's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Allstate's leadership team and their track record. Good management can help Allstate navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Property & Casualty Insurance space and any emerging trends that could impact Allstate's business and its evolving consumer preferences.
Compare Allstate's performance and market position to its competitors. Analyze how Allstate is positioned in terms of product offerings, innovation, and market share.
Check if Allstate pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Allstate's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in The Allstate stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if The Allstate is a good investment.

Sell

Buy

Strong Buy

Macroaxis provides advice on Allstate to complement and cross-verify current analyst consensus on The Allstate. Our investment recommendation engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Allstate is not overpriced, please confirm all Allstate fundamentals, including its gross profit, book value per share, and the relationship between the price to earning and cash per share . Given that Allstate has a price to earning of 41.55 X, we suggest you to validate The Allstate market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Market Performance	OK	Details
Volatility	Very steady	Details
Hype Condition	Low key	Details
Current Valuation	Overvalued	Details
Odds Of Distress	Low	Details
Economic Sensitivity	Follows the market closely	Details
Investor Sentiment	Alarmed	Details
Analyst Consensus	Buy	Details
Financial Strenth (F Score)	Strong	Details
Financial Leverage	Not Rated	Details
Reporting Quality (M-Score)	Unlikely Manipulator	Details

Examine Allstate Stock

Researching Allstate's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 80.0% of the company shares are held by institutions such as insurance companies. The book value of Allstate was presently reported as 71.23. The company recorded earning per share (EPS) of 15.48. Allstate last dividend was issued on the 29th of November 2024. The entity had 2:1 split on the 2nd of July 1998.

To determine if Allstate is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Allstate's research are outlined below:

	The Allstate has 7.94 B in debt with debt to equity (D/E) ratio of 0.45, which is OK given its current industry classification. Allstate has a current ratio of 0.4, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Allstate to invest in growth at high rates of return.
	The entity reported the last year's revenue of 57.09 B. Reported Net Loss for the year was (213 M) with profit before taxes, overhead, and interest of 6.44 B.
	Allstate has a strong financial position based on the latest SEC filings
	Over 80.0% of Allstate shares are held by institutions such as insurance companies
	On 1st of October 2024 Allstate paid $ 0.92 per share dividend to its current shareholders
	Latest headline from fool.com.au: This ASX 200 share is one of the highest quality businesses on the ASX

Allstate uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in The Allstate. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Allstate's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.

	7th of February 2024 Upcoming Quarterly Report	View
	1st of May 2024 Next Financial Report	View
	31st of December 2023 Next Fiscal Quarter End	View
	7th of February 2024 Next Fiscal Year End	View
	30th of September 2023 Last Quarter Report	View
	31st of December 2022 Last Financial Announcement	View

Earnings surprises can significantly impact Allstate's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Allstate's investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
1996-02-05	1995-12-31	0.4	0.44	0.04	10
2002-07-18	2002-06-30	0.58	0.64	0.06	10
1997-10-21	1997-09-30	0.62	0.69	0.07	11
2011-10-31	2011-09-30	0.08	0.16	0.08	100
2002-10-16	2002-09-30	0.68	0.77	0.09	13
2010-04-28	2010-03-31	0.79	0.69	-0.1	12
2003-07-16	2003-06-30	0.75	0.85	0.1	13
2003-02-05	2002-12-31	0.77	0.87	0.1	12

Know Allstate's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Allstate is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading The Allstate backward and forwards among themselves. Allstate's institutional investor refers to the entity that pools money to purchase Allstate's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.

		Shares
Deutsche Bank Ag	2024-06-30	2.9 M
American Century Companies Inc	2024-09-30	2.7 M
Gqg Partners Llc	2024-09-30	2.6 M
Legal & General Group Plc	2024-06-30	2.6 M
Allspring Global Investments Holdings, Llc	2024-06-30	2.5 M
Goldman Sachs Group Inc	2024-06-30	2.5 M
Macquarie Group Ltd	2024-06-30	2.5 M
Diamond Hill Capital Management Inc	2024-09-30	2.4 M
Viking Global Investors Lp	2024-09-30	2 M
Vanguard Group Inc	2024-09-30	32.2 M
Blackrock Inc	2024-06-30	19.8 M

Note, although Allstate's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Allstate's market capitalization trends

The company currently falls under 'Large-Cap' category with a total capitalization of 55.04 B.

Market Cap

23.68 Billion

Allstate's profitablity analysis

	Last Reported	Projected for Next Year
Return On Capital Employed	(0.02)	(0.02)
Return On Equity	(0.01)	(0.01)

The company has Net Profit Margin of 0.07 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.09 %, which entails that for every 100 dollars of revenue, it generated $0.09 of operating income.

Determining Allstate's profitability involves analyzing its financial statements and using various financial metrics to determine if Allstate is a good buy. For example, gross profit margin measures Allstate's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Allstate's profitability and make more informed investment decisions.

Evaluate Allstate's management efficiency

Allstate has Return on Asset of 0.0327 % which means that on every $100 spent on assets, it made $0.0327 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2378 %, implying that it generated $0.2378 on every 100 dollars invested. Allstate's management efficiency ratios could be used to measure how well Allstate manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to -0.0018 this year. Return On Capital Employed is expected to rise to -0.02 this year. At this time, Allstate's Fixed Asset Turnover is quite stable compared to the past year. Asset Turnover is expected to rise to 0.58 this year, although the value of Non Currrent Assets Other will most likely fall to (73.6 B).

	Last Reported	Projected for Next Year
Book Value Per Share	67.16	49.42
Tangible Book Value Per Share	50.14	46.82
Enterprise Value Over EBITDA	62.54	65.67
Price Book Value Ratio	2.07	1.62
Enterprise Value Multiple	62.54	65.67
Price Fair Value	2.07	1.62
Enterprise Value	25.1 B	22.3 B

The decision-making processes within Allstate are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.

Dividend Yield

0.0182

Forward Dividend Yield

0.0182

Forward Dividend Rate

3.68

Beta

0.481

Basic technical analysis of Allstate Stock

As of the 28th of November, Allstate shows the Semi Deviation of 1.18, risk adjusted performance of 0.1258, and Mean Deviation of 0.9586. Allstate technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Allstate jensen alpha, and the relationship between the coefficient of variation and potential upside to decide if Allstate is priced correctly, providing market reflects its regular price of 208.2 per share. Given that Allstate has jensen alpha of 0.099, we suggest you to validate The Allstate's prevailing market performance to make sure the company can sustain itself at a future point.

Allstate's insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Allstate insiders, such as employees or executives, is commonly permitted as long as it does not rely on Allstate's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Allstate insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

		Margaret Keane over a month ago Acquisition by Margaret Keane of 164 shares of Allstate at 189.88 subject to Rule 16b-3
		Donald Brown over three months ago Disposition of 1124 shares by Donald Brown of Allstate subject to Rule 16b-3

Allstate's Outstanding Corporate Bonds

Allstate issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Allstate uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Allstate bonds can be classified according to their maturity, which is the date when The Allstate has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

	ALLSTATE P 555 Corp Bond US020002AS04	View
	US020002AU59 Corp Bond US020002AU59	View
	ALLSTATE P 45 Corp Bond US020002BA86	View
	US020002BB69 Corp Bond US020002BB69	View
	ALLSTATE P 42 Corp Bond US020002BC43	View
	Dana 575 percent Corp Bond US235822AB96	View
	US020002AP64 Corp Bond US020002AP64	View
	ALLSTATE P 535 Corp Bond US020002AQ48	View

View All Allstate Corporate Bonds

Understand Allstate's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Allstate's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	0.1258
	Market Risk Adjusted Performance	0.2504
	Mean Deviation	0.9586
	Semi Deviation	1.18
	Downside Deviation	1.46
	Coefficient Of Variation	628.57
	Standard Deviation	1.31
	Variance	1.72
	Information Ratio	0.0595
	Jensen Alpha	0.099
	Total Risk Alpha	(0.01)
	Sortino Ratio	0.0535
	Treynor Ratio	0.2404
	Maximum Drawdown	6.34
	Value At Risk	(1.69)
	Potential Upside	2.02
	Downside Variance	2.13
	Semi Variance	1.38
	Expected Short fall	(1.01)
	Skewness	(0.65)
	Kurtosis	2.84

	Risk Adjusted Performance	0.1258
	Market Risk Adjusted Performance	0.2504
	Mean Deviation	0.9586
	Semi Deviation	1.18
	Downside Deviation	1.46
	Coefficient Of Variation	628.57
	Standard Deviation	1.31
	Variance	1.72
	Information Ratio	0.0595
	Jensen Alpha	0.099
	Total Risk Alpha	(0.01)
	Sortino Ratio	0.0535
	Treynor Ratio	0.2404
	Maximum Drawdown	6.34
	Value At Risk	(1.69)
	Potential Upside	2.02
	Downside Variance	2.13
	Semi Variance	1.38
	Expected Short fall	(1.01)
	Skewness	(0.65)
	Kurtosis	2.84

Consider Allstate's intraday indicators

Allstate intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Allstate stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	22136.7
	Daily Balance Of Power	0.1015
	Rate Of Daily Change	1.0
	Day Median Price	208.26
	Day Typical Price	208.24
	Price Action Indicator	0.11
	Period Momentum Indicator	0.33
	Relative Strength Index	61.85

Allstate Corporate Filings

F4	26th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities	View Verify
8K	21st of November 2024 Report filed with the SEC to announce major events that shareholders should know about	View Verify
	14th of November 2024 Other Reports	View Verify
	3rd of October 2024 Other Reports	View Verify

Allstate time-series forecasting models is one of many Allstate's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Allstate's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Allstate Stock media impact

Far too much social signal, news, headlines, and media speculation about Allstate that are available to investors today. That information is available publicly through Allstate media outlets and privately through word of mouth or via Allstate internal channels. However, regardless of the origin, that massive amount of Allstate data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.

A primary focus of Allstate news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Allstate relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Allstate's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Allstate alpha.

Allstate Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Allstate can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.

Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Allstate Historical Investor Sentiment

Investor biases related to Allstate's public news can be used to forecast risks associated with an investment in Allstate. The trend in average sentiment can be used to explain how an investor holding Allstate can time the market purely based on public headlines and social activities around The Allstate. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Allstate's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Allstate and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Allstate news discussions. The higher the estimate score, the more favorable the investor's outlook on Allstate.

Allstate Corporate Directors

Jacques Perold	Independent Director	Profile
Andrea Redmond	Independent Director	Profile
Margaret Keane	Independent Director	Profile
Judith Sprieser	Lead Independent Director	Profile

Already Invested in The Allstate?

The danger of trading The Allstate is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Allstate is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Allstate. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Allstate is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

When determining whether Allstate is a strong investment it is important to analyze Allstate's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allstate's future performance. For an informed investment choice regarding Allstate Stock, refer to the following important reports: