Should Value Investors Buy Allstate (ALL) Stock?

Core Viewpoint - The article emphasizes the importance of value investing and highlights Allstate (ALL) as a strong candidate for value investors due to its favorable valuation metrics and earnings outlook [2][4][7]. Company Analysis - Allstate (ALL) has a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential for value investors [4]. - The stock is currently trading at a P/E ratio of 10.87, significantly lower than the industry average of 28.91, suggesting it may be undervalued [4]. - Over the past 52 weeks, ALL's Forward P/E has fluctuated between a high of 12.72 and a low of -83.58, with a median of 11.20 [4]. - The PEG ratio for ALL is 1.55, which is lower than the industry average of 2.90, indicating a favorable growth outlook relative to its valuation [5]. - ALL's PEG has ranged from a high of 1.82 to a low of -11.94 over the last 12 months, with a median of 1.53 [5]. - The P/S ratio for ALL is 0.83, compared to the industry average of 1.19, further supporting the notion that the stock is undervalued [6]. - These metrics collectively suggest that ALL is likely undervalued and presents an impressive value opportunity at the moment [7].