Shares of The Allstate Corporation ( ALL ) have delivered a total return of 3% since my most recent piece, Allstate: The Bull Case Remains Intact Despite Recent Rally , was published on December 8, 2024. Comparably, the S&P 500 has delivered a totalAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receivi ...

Core Viewpoint - The Allstate Corporation (ALL) has achieved a total return of 3% since the last analysis published on December 8, 2024, indicating a positive performance despite market fluctuations [1]. Group 1 - The total return of Allstate Corporation is compared to the S&P 500, which suggests that Allstate's performance is relatively stable in the context of broader market trends [1].

Core Insights - Three stocks with strong growth characteristics and buy ranks are highlighted for investors to consider on December 19 Company Summaries The Allstate Corporation (ALL) - The company has a Zacks Rank of 1 - The Zacks Consensus Estimate for current year earnings has increased by 22.7% over the last 60 days - Allstate's PEG ratio is 0.39, significantly lower than the industry average of 1.73 - The company possesses a Growth Score of B [1] Great Lakes Dredge & Dock Corporation (GLDD) - The company also carries a Zacks Rank of 1 - The Zacks Consensus Estimate for current year earnings has increased by 6.9% over the last 60 days - Great Lakes Dredge & Dock has a PEG ratio of 1.01, compared to the industry average of 2.99 - The company possesses a Growth Score of A [2] Alarm.com Holdings, Inc. (ALRM) - This company holds a Zacks Rank of 1 - The Zacks Consensus Estimate for current year earnings has increased by 5.5% over the last 60 days - Alarm.com has a PEG ratio of 1.65, lower than the industry average of 2.85 - The company possesses a Growth Score of B [3]

Group 1 - Allstate's stock closed at $204.93, down 1.98%, underperforming the S&P 500's gain of 0.79% [1] - Over the past month, Allstate shares have decreased by 0.4%, while the Finance sector and S&P 500 have increased by 4.09% and 0.87%, respectively [1] Group 2 - The upcoming earnings per share (EPS) for Allstate is projected at $8.05, reflecting a 4.95% increase year-over-year, with revenue expected to reach $17.63 billion, a 5.53% increase from the same quarter last year [2] - For the entire fiscal year, earnings are projected at $28.21 per share and revenue at $68.95 billion, indicating increases of 53.98% and 7.19% from the previous year [3] Group 3 - Recent revisions to analyst forecasts for Allstate are crucial as they indicate changing business trends, with positive revisions suggesting a favorable outlook on the company's health and profitability [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Allstate as 1 (Strong Buy), with a historical average annual return of +25% for 1 stocks since 1988 [6] Group 4 - Allstate's Forward P/E ratio is 7.41, indicating a discount compared to the industry's Forward P/E of 11.66, while its PEG ratio stands at 0.39, significantly lower than the industry average of 1.63 [7] - The Insurance - Property and Casualty industry, part of the Finance sector, ranks 27 in the Zacks Industry Rank, placing it in the top 11% of over 250 industries [8]

The Allstate Corporation ( ALL ) is a company that has undergone a dramatic change in direction. Its recent growth and profitability trends make me bullish on the stock. This, coupled with its continued efforts toWilliam has been an avid student of the stock market for over a decade. Being an avid student of political economics his entire professional life gives him a unique insight into the macroeconomy and how it impacts assets. Having learned the value of a comprehensive and fundamental approach, he has ...

Core Viewpoint - The Allstate Corporation has experienced a significant shift in its strategic direction, leading to positive growth and profitability trends, which creates a bullish outlook for the stock [1]. Company Analysis - Allstate's recent performance indicates a strong upward trajectory in both growth and profitability, suggesting that the company is well-positioned for future success [1]. - The company is actively engaged in efforts to enhance its market position, which may contribute to its favorable financial outlook [1].

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, Dec. 17:The Allstate Corporation (ALL) : This insurance company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.7% over the last 60 days.Allstate has a PEG ratio of 0.40 compared with 1.75 for the industry. The company possesses a  Growth Score of B.Great Lakes Dredge & Dock Corporation (GLDD) : This dredging services company carries a Za ...

Core Viewpoint - Morgan Stanley downgraded Allstate to Equalweight from Overweight and lowered its price target to $215 due to a more competitive operating environment and a maturing investment thesis [1] Group 1: Investment Thesis - The previous investment case for Allstate, which was based on attractive valuation, improving growth, and margins exceeding consensus expectations, has largely played out [2] - Steady earnings from Allstate's homeowners insurance business are expected to provide some support in 2026, but rising competition necessitates a neutral stance [2] Group 2: Price Target and Valuation - Morgan Stanley reduced its price target to $215 per share, applying an estimated 8.9x price-to-earnings multiple to projected 2027 earnings per share of $24.07, reflecting a softening auto underwriting cycle [3] - The new target implies an estimated 1.6x price-to-book valuation, excluding AOCI, based on a projected 2027 operating return on equity of 18.5% [3]

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, Dec. 15:The Allstate Corporation (ALL) : This insurance company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.1% over the last 60 days.Allstate has a PEG ratio of 0.39 compared with 1.75 for the industry. The company possesses a  Growth Score of B.Great Lakes Dredge & Dock Corporation (GLDD) : This dredging services company carries a Za ...

Core Viewpoint - Allstate is expected to show positive earnings growth in its upcoming financial results, with analysts projecting earnings of $8.05 per share and revenue of $17.63 billion, indicating year-over-year increases of 4.95% and 5.53% respectively [2] Group 1: Recent Performance - Allstate's stock closed at $206.82, reflecting a +2.8% increase from the previous day, outperforming the S&P 500's gain of 0.21% [1] - Over the past month, Allstate shares have declined by 3.83%, underperforming the Finance sector's gain of 1.99% and the S&P 500's gain of 0.89% [1] Group 2: Earnings and Revenue Estimates - For the full year, analysts expect Allstate to achieve earnings of $28.21 per share and revenue of $68.95 billion, representing increases of +53.98% and +7.19% respectively compared to the previous year [3] - The Zacks Consensus EPS estimate has increased by 6.49% in the past month, indicating positive sentiment among analysts regarding Allstate's business operations [6] Group 3: Valuation Metrics - Allstate currently has a Forward P/E ratio of 7.13, which is lower than the industry average Forward P/E of 11.28, suggesting a valuation discount [7] - The company has a PEG ratio of 0.38, significantly below the industry average PEG ratio of 1.6, indicating favorable growth expectations relative to its valuation [8] Group 4: Industry Context - Allstate operates within the Insurance - Property and Casualty industry, which is part of the Finance sector and holds a Zacks Industry Rank of 28, placing it in the top 12% of over 250 industries [9]