Demystifying Allstate: Insights From 14 Analyst Reviews

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In the latest quarter, 14 analysts provided ratings for Allstate ALL, showcasing a mix of bullish and bearish perspectives.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 4 6 2 2 0
Last 30D 0 0 1 0 0
1M Ago 0 1 0 1 0
2M Ago 1 1 0 0 0
3M Ago 3 4 1 1 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $219.07, a high estimate of $267.00, and a low estimate of $183.00. This current average has increased by 6.31% from the previous average price target of $206.07.

price target chart

Understanding Analyst Ratings: A Comprehensive Breakdown

An in-depth analysis of recent analyst actions unveils how financial experts perceive Allstate. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Elyse Greenspan Wells Fargo Raises Equal-Weight $187.00 $186.00
Meyer Shields Keefe, Bruyette & Woods Raises Outperform $243.00 $235.00
Alex Scott Barclays Lowers Underweight $183.00 $187.00
Paul Newsome Piper Sandler Raises Overweight $244.00 $206.00
Alex Scott Goldman Sachs Raises Buy $230.00 $209.00
Yaron Kinar Jefferies Raises Buy $267.00 $231.00
Bob Huang Morgan Stanley Raises Overweight $228.00 $220.00
Meyer Shields Keefe, Bruyette & Woods Raises Outperform $225.00 $222.00
Elyse Greenspan Wells Fargo Raises Equal-Weight $186.00 $175.00
Brian Meredith UBS Raises Buy $225.00 $216.00
Alex Scott Barclays Raises Underweight $187.00 $175.00
Bob Huang Morgan Stanley Raises Overweight $215.00 $202.00
Joshua Shanker B of A Securities Raises Buy $233.00 $216.00
Michael Zaremski BMO Capital Raises Outperform $214.00 $205.00

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Allstate. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Allstate compared to the broader market.
  • Price Targets: Analysts predict movements in price targets, offering estimates for Allstate's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Allstate's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Allstate analyst ratings.

Get to Know Allstate Better

Allstate is one of the largest us property-casualty insurers in the us. Personal auto represents the largest percentage of revenue, but the company offers homeowners insurance and other insurance products. Allstate products are sold in North America primarily by about 6,000 exclusive agents.

Financial Insights: Allstate

Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.

Revenue Growth: Over the 3 months period, Allstate showcased positive performance, achieving a revenue growth rate of 14.69% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Allstate's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 6.98%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Allstate's ROE excels beyond industry benchmarks, reaching 6.55%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Allstate's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 1.05%, the company may face hurdles in achieving optimal financial returns.

Debt Management: With a high debt-to-equity ratio of 0.43, Allstate faces challenges in effectively managing its debt levels, indicating potential financial strain.

Analyst Ratings: What Are They?

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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