Aallstate-Allstate (ALL) Increases Yet Falls Behind Market: What Investors Need to Know

Company Performance - Allstate's stock closed at $194.86, with a slight increase of +0.07% from the previous session, underperforming the S&P 500 which gained 2.03% [1] - Over the past month, Allstate's shares have decreased by 6.95%, while the Finance sector and S&P 500 lost 3.37% and 5.07% respectively [1] Upcoming Earnings - Allstate's earnings report is scheduled for April 30, 2025, with projected earnings per share (EPS) of$ 2.12, indicating a significant decrease of 58.67% from the same quarter last year [2] - Revenue is expected to reach $17.13 billion, reflecting an increase of 11.04% compared to the previous year [2] Full-Year Estimates - The Zacks Consensus Estimates for Allstate's full-year earnings are$ 16.65 per share and revenue of $69.38 billion, representing year-over-year changes of -9.12% and +7.85% respectively [3] Analyst Estimates - Recent adjustments to analyst estimates for Allstate are crucial as they reflect short-term business trends, with positive revisions indicating analyst optimism about the company's profitability [4] - The Zacks Rank system, which incorporates these estimate changes, currently ranks Allstate as 3 (Hold) [6] Valuation Metrics - Allstate's Forward P/E ratio stands at 11.69, slightly below the industry average of 11.74, suggesting it is trading at a discount [7] - The company has a PEG ratio of 1.17, compared to the industry average PEG ratio of 2.24, indicating a more favorable valuation relative to expected earnings growth [8] Industry Context - The Insurance - Property and Casualty industry, part of the Finance sector, holds a Zacks Industry Rank of 34, placing it in the top 14% of over 250 industries [9]