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The Allstate Corporation (ALL) Is a Trending Stock: Facts to Know Before Betting on It
ALLAallstate(ALL) ZACKS·2025-03-21 21:45

Core Viewpoint - Allstate has recently gained attention as one of the most searched stocks, with a notable performance compared to the broader market and its industry [1][2]. Earnings Estimate Revisions - For the current quarter, Allstate is expected to report earnings of 3.98pershare,reflectingadecreaseof22.43.98 per share, reflecting a decrease of -22.4% year-over-year, with a consensus estimate change of -3.8% over the last 30 days [5]. - The consensus earnings estimate for the current fiscal year is 18.62, indicating a slight increase of +1.6% from the previous year, with a minor change of -0.2% in the last month [5]. - For the next fiscal year, the earnings estimate is 21.64,suggestingagrowthof+16.221.64, suggesting a growth of +16.2% year-over-year, with an increase of +1.8% in the past month [6]. Revenue Growth Forecast - The consensus sales estimate for the current quarter is 17.13 billion, representing a year-over-year increase of +11% [9]. - For the current fiscal year, the revenue estimates are 69.64billionand69.64 billion and 74.95 billion for the next fiscal year, indicating changes of +8.3% and +7.6%, respectively [9]. Last Reported Results and Surprise History - In the last reported quarter, Allstate achieved revenues of 16.71billion,ayearoveryearincreaseof+12.116.71 billion, a year-over-year increase of +12.1%, with an EPS of 7.67 compared to $5.82 a year ago [10]. - The reported revenues were in line with the Zacks Consensus Estimate, showing a surprise of -0.01%, while the EPS surprise was +17.82% [11]. - Allstate has consistently beaten consensus EPS estimates in the last four quarters and topped revenue estimates three times during this period [11]. Valuation - Allstate is graded A in the Zacks Value Style Score, indicating it is trading at a discount compared to its peers [15]. - The evaluation of valuation multiples such as P/E, P/S, and P/CF is essential to determine if the stock is fairly valued, overvalued, or undervalued [13][14]. Conclusion - The current Zacks Rank of 3 suggests that Allstate may perform in line with the broader market in the near term, despite the market buzz surrounding the stock [16].