Allstate (ALL) Exceeds Market Returns: Some Facts to Consider

Company Performance - Allstate's stock closed at $202.52, with a gain of +1.24% on the most recent trading day, outperforming the S&P 500's gain of 0.85% [1] - Over the last month, Allstate's shares have decreased by 4.2%, underperforming the Finance sector's gain of 2.7% and the S&P 500's gain of 2.38% [1] Upcoming Earnings - Allstate's upcoming EPS is projected at $4.71, indicating a 20.46% increase compared to the same quarter of the previous year [2] - The Zacks Consensus Estimate for revenue is projecting net sales of $17.36 billion, up 5.95% from the year-ago period [2] Full-Year Estimates - Full-year Zacks Consensus Estimates forecast earnings of $21.19 per share and revenue of $69.03 billion, representing year-over-year changes of +15.67% and +7.31%, respectively [3] - Recent changes to analyst estimates for Allstate reflect the latest near-term business trends, with positive revisions indicating a favorable business outlook [3] Valuation Metrics - Allstate is currently trading at a Forward P/E ratio of 9.44, which is below the industry average of 11.65, indicating a discount [6] - The company has a PEG ratio of 0.8, compared to the industry average PEG ratio of 2.42, suggesting better value relative to expected earnings growth [7] Industry Context - The Insurance - Property and Casualty industry is part of the Finance sector and holds a Zacks Industry Rank of 33, placing it in the top 14% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]