Short-Term Indicators Showing Strength for The Allstate Corporation (ALL)

    Merten Jesse E, EVP & Chief Risk Officer – AIC, subtracted 696 shares of The Allstate Corporation (ALL) from its portfolio at the rate of $92.12 per share valuing $64,118 on Nov 07. The insider left behind 2,102 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of The Allstate Corporation (ALL) was $101.10. Currently, the 1st Resistance Point for this stock is $101.44, with a 2nd Resistance Point sitting at $101.79. Meanwhile, this company’s stock has a 1st Support Level at $100.56 and a 2nd Support Level at $100.03. The Allstate Corporation (ALL) stock has gained $1.60, or 1.61%, in the past five days. In the last full month, these shares have gained $7.02, or 7.46%. In the past three months, this stock’s price has risen by $7.55, or 8.07%. This year-to-date, The Allstate Corporation (ALL) shares have gained $18.47, or 22.35%.

    Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For The Allstate Corporation (ALL) stock, 80% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Buy .”

    With 332,925 K shares outstanding, this company currently has a market capitalization of $33,495,584K. The Allstate Corporation (ALL) generates $39,815 M in annual sales, amounting to annual net income of $2,252 M. This stock has generated a 1-Year Total Return of 8.39%, a 3-Year Total Return of 52.21%, and a 5-year Total Return of 71.88%. This stock’s 5-Year Dividend Growth is 84.00%, with its most recent dividend valued at $0.500 per share on 05/30/19. Its Annual Dividend Yield is 1.99%, and its Annual Dividend Rate is 2.00.

    In the most recently-reported fiscal quarter, which ended in Mar-19, The Allstate Corporation (ALL) reported earnings of $2.30 per share. Wall Street analysts, on average, were expecting the company to report earnings of $2.28 per share, representing a 0.02 difference and 0.89% surprise. In the previous quarter ending in Dec-18, the reported earnings of $1.24 represented a 0.14 difference from the consensus estimate calling for $1.10 per share, which was a 13.21% surprise.

    For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $1.86 per share. This estimate came from a total of 7 Wall Street Analysts. Of those market experts, the high estimate was $2.03 and the low estimate was $1.65. In the year-ago quarter, The Allstate Corporation (ALL) generated per-share earnings of $1.90. If the analysts are correct about the current quarter’s earnings, the growth will be -2.11% .

    Turning our focus now to insider trading activity, there have been 4 purchases (11,729 shares in total) and 2 sale (4,066 shares in total) in the last 3 months. In the last 6 months, there have been 14 insider buys amounting to 314,349 shares and 11 insider sales amounting to 126,017 shares. In the past full year, 22 insider purchases were made (involving 411,657 shares) and 16 insider sell-offs equivalent to 218,775 shares.

    Moving onto liquidity, The Allstate Corporation (ALL) has a Current Ratio of 0.41. Looking at this company’s capital structure, its Total Debt to Total Equity is 30.27, its Total Debt to Total Capital is 23.24, and its Total Debt to Total Assets is now 5.69. Looking even further ahead into the future, its Long-Term Debt to Equity is 31.65 and its Long-Term Debt to Total Capital is 22.09.