Allstate Corp (The) (ALL) Stock Forecast & Predictions

Allstate Corp (The) ALL: $123.66

2775 Sanders Rd, Northbrook, Illinois, US. | Sector: Finance and Insurance | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: http://www.allstateinvestors.com/phoenix.zhtml?c=93125&p=irol-irhome

  • Market Cap$37.21B
  • Change (52 Weeks)23.78%
  • Low (52 Weeks)$83.86
  • Allstate Corp (The) (ALL) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 25.00% on Sell, and 43.75% Neutral.

    According to the market data, Allstate Corp (The) (ALL) stock price is $123.66 and the 52 weeks low is $83.86, which means the Allstate Corp (The) stock price is up 23.78% in the last 12 months.

    Allstate Corp (The) (ALL) Stock Price has been Trending Strongly with an ADX reading of 31.16 as per the Weekly Chart.

    A Upward trend indicates that Allstate Corp (The) (ALL) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that ALL Stock price might rise further, 25.00% indicating that ALL Stock price might fall, and 43.75% are in a neutral position.

    Based on these technical algorithms, overall ALL stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Allstate Corp (The) (ALL) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Allstate Corp (The) (ALL) is based on 23 Institutional Analyst Ratings where 34.78% are on Strong Buy, 21.74% on Moderate Buy, 43.48% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 23 Institutional Analysts, majority recommended ALL stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Allstate Corp (The).

    Allstate Corp (The) (ALL) Stock Price Prediction By Analysts


    HighLowAverage
    $172.20$116.15$135.15
    $135.159.29% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for ALL set by the institutional analysts is $135.15 where High Estimate is $172.20, Median $133.62 and Low $116.15.

    The average price target for ALL by Institutional Analysts is $135.15, which is 9.29% Upside from the current price. So according to the Institutional Analysts, ALL Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Allstate Corp (The) (ALL) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 388,226 investor portfolio.

    Our algorithm has analysed 388,226 investor portfolio with ALL stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about ALL and holding their positions hoping for a further rise in the stock price and more profit.

    Allstate Corp (The) (ALL) Stock Forecast Based on News Sentiment


    Neutral
    Based on 3 articles published Last Week, where 50.00% are Bullish and 50.00% are Bearish.

    According to the news articles published last week, journalists and bloggers had a mixed sentiment of ALL consisting of positive and negative, it shows that Allstate Corp (The) had a neutral news coverage.

    Neutral news coverage usually doesn't affect short-term price of a stock, so ALL stock price most likey won't have any reaction to last weeks news coverage.

    Allstate Corp (The) (ALL) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Raymond JamesStrong BuyMaintained
    Morgan StanleyEqual-WeightMaintained
    JP MorganOverweightMaintained
    Raymond JamesStrong BuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Raymond JamesStrong BuyMaintained
    Morgan StanleyEqual-WeightMaintained
    BarclaysOverweightInitiated
    B of A SecuritiesBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Keefe, Bruyette & WoodsOutperformUpgraded
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseNeutralUpgraded
    Deutsche BankHoldMaintained
    Morgan StanleyEqual-WeightMaintained
    CitigroupBuyMaintained
    Evercore ISI GroupOutperformUpgraded
    Piper SandlerOverweightMaintained
    Raymond JamesStrong BuyMaintained
    Wells FargoEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    CFRABuyMaintained
    Piper SandlerOverweightMaintained
    Argus ResearchBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Wells FargoEqual-WeightMaintained
    CFRABuyMaintained
    CitigroupBuyInitiated
    Morgan StanleyEqual-WeightMaintained
    BarclaysOverweightMaintained
    Wells FargoMarket PerformMaintained
    Evercore ISI GroupIn-LineInitiated
    UBSNeutralMaintained
    BuckinghamNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    Raymond JamesStrong BuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseUnderperformDowngraded
    BarclaysOverweightMaintained
    Goldman SachsBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    UBSNeutralMaintained
    Credit SuisseNeutralDowngraded
    Compass PointBuyInitiated
    Morgan StanleyEqual-WeightMaintained
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    Credit SuisseOutperformMaintained
    Credit SuisseOutperformInitiated
    B. Riley FBRNeutralMaintained
    CitigroupBuyMaintained
    BuckinghamNeutralUpgraded
    B. Riley FBRNeutralMaintained
    ArgusBuyMaintained
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    Keefe Bruyette & WoodsMarket PerformUpgraded
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    CitigroupBuyMaintained
    Deutsche BankHoldMaintained
    Bank of AmericaBuyMaintained
    Wells FargoMarket PerformDowngraded
    Keefe Bruyette & WoodsUnderperformDowngraded
    Goldman SachsNeutralInitiated
    UBSNeutralMaintained
    Credit SuisseNeutralMaintained
    CitigroupBuyMaintained
    UBSNeutralMaintained
    BarclaysOverweightMaintained
    Deutsche BankHoldDowngraded
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    MacquarieNeutralDowngraded
    Keefe Bruyette & WoodsMarket PerformDowngraded
    Goldman SachsBuyUpgraded
    Credit SuisseNeutralDowngraded
    BarclaysOverweightMaintained
    Deutsche BankBuyMaintained
    CitigroupBuyMaintained
    CitigroupBuyUpgraded
    NomuraNeutralMaintained
    MacquarieOutperformUpgraded
    CitigroupNeutralUpgraded
    Keefe Bruyette & WoodsOutperformMaintained
    PiperJaffrayOverweightInitiated
    Sandler O'NeillBuyUpgraded
    CitigroupSellMaintained
    Deutsche BankBuyUpgraded
    MacquarieNeutralUpgraded
    Keefe Bruyette & WoodsOutperformMaintained
    RBC CapitalSector PerformDowngraded
    Goldman SachsNeutralDowngraded
    BarclaysOverweightMaintained
    Keefe Bruyette & WoodsOutperformUpgraded
    CitigroupSellDowngraded
    CitigroupNeutralMaintained
    Credit SuisseOutperformMaintained
    Credit SuisseOutperformInitiated
    Deutsche BankHoldMaintained
    CitigroupNeutralMaintained
    Sandler O'NeillHoldDowngraded
    CitigroupNeutralMaintained
    BarclaysOverweightMaintained
    JP MorganOverweightInitiated
    Keefe, Bruyette & WoodsMarket PerformDowngraded
    Keefe Bruyette & WoodsOutperformMaintained
    NomuraNeutralMaintained
    CitigroupNeutralMaintained
    BarclaysOverweightMaintained
    FBR CapitalMarket PerformMaintained
    Compass PointNeutralInitiated
    Deutsche BankHoldMaintained
    Keefe Bruyette & WoodsBuyMaintained
    NomuraNeutralMaintained
    William BlairMarket PerformDowngraded
    BarclaysOverweightMaintained
    Deutsche BankHoldMaintained
    Raymond JamesStrong BuyMaintained
    CitigroupHoldMaintained
    CitigroupHoldMaintained
    BarclaysOverweightMaintained
    CitigroupNeutralInitiated
    Raymond JamesStrong BuyMaintained
    Keefe Bruyette & WoodsOutperformUpgraded
    Keefe Bruyette & WoodsOutperformUpgraded
    Credit SuisseOutperformMaintained
    GuggenheimBuyInitiated
    Wells FargoOutperformUpgraded
    Deutsche BankHoldDowngraded
    NomuraNeutralMaintained
    RBC CapitalOutperformUpgraded
    Deutsche BankBuyMaintained
    NomuraNeutralInitiated
    Goldman SachsBuyMaintained
    Deutsche BankBuyMaintained
    Credit SuisseOutperformMaintained
    BarclaysOverweightMaintained
    Deutsche BankBuyMaintained
    Deutsche BankBuyMaintained
    Deutsche BankBuyMaintained
    UBSNeutralMaintained
    CitigroupNeutralMaintained
    FBR CapitalMarket PerformDowngraded
    BarclaysOverweightMaintained
    SunTrust Robinson HumphreyNeutralInitiated
    Deutsche BankBuyMaintained
    Deutsche BankBuyMaintained
    UBSNeutralDowngraded
    Deutsche BankBuyMaintained
    Drexel HamiltonHoldMaintained
    BarclaysOverweightMaintained
    Bank of AmericaBuyMaintained
    Deutsche BankBuyMaintained
    Drexel HamiltonHoldInitiated
    Deutsche BankBuyMaintained
    Credit SuisseOutperformMaintained
    UBSBuyMaintained

    Allstate Corp (The) (ALL) Stock Earning Per Share (EPS) Forecast / Estimate


    $2.465
    The average consensus EPS for ALL is $2.465 with a high estimate of $2.888 and Low of $2.127 for the period 2021-06-30 and based on 18 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $2.94$1.67976132020-09-30


    The latest average Earning Per Share Estimate for Allstate Corp (The) is $2.46, which is lower than ALL's last EPS, $2.94. This means that Analysts are expecting Allstate Corp (The) to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Allstate Corp (The).

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $2.94$1.67976132020-09-30
    $2.46$1.56478292020-06-30
    $3.54$3.53072772020-03-31
    $3.13$3.26963262019-12-31
    $2.84$2.66314782019-09-30
    $2.18$1.55063282019-06-30
    $2.3$2.30235562019-03-31
    $1.24$1.10620252018-12-31
    $1.93$2.23294842018-09-30
    $1.9$1.50602112018-06-30
    $2.96$2.63131262018-03-31
    $2.09$1.547322017-12-31
    $1.6$0.87498322017-09-30
    $1.38$0.89115329999999992017-06-30
    $1.64$1.11100000000000022017-03-31
    $2.17$1.64365382016-12-31
    $1.26$1.26624710000000022016-09-30
    $0.62$0.58161860000000012016-06-30
    $0.84$0.69027440000000012016-03-31
    $1.6$1.34870352015-12-31
    $1.52$1.32850352015-09-30
    $0.63$0.97705382015-06-30
    $1.46$1.45624832015-03-31
    $1.72$1.69312362014-12-31
    $1.39$1.33988622014-09-30
    $1.01$0.70455582014-06-30
    $1.3$1.20912152014-03-31
    $1.7$1.38898232013-12-31
    $1.53$1.40062762013-09-30
    $1.12$0.98622462013-06-30
    $1.35$1.31576742013-03-31
    $0.59$-0.05264122012-12-31
    $1.46$1.14268372012-09-30
    $0.87$0.5123732012-06-30
    $1.42$1.12788722012-03-31
    $1.48$0.96097462011-12-31
    $0.16$0.08238572011-09-30
    $-1.23$-1.57776140000000022011-06-30
    $0.93$0.68699192011-03-31
    $0.5$0.88634572010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).