Stock Updates

Is this Large Market Cap Stock target price reasonable for The Allstate Corporation (NYSE:ALL)?

The company in question is, The Allstate Corporation (NYSE:ALL) currently with a stock price of 68 (-0.70% today). The market cap for The Allstate Corporation is 25909.41, and is in the sector Financial, and Property & Casualty Insurance industry. The target price for The Allstate Corporation is 74.44. Currently The Allstate Corporation is trading with a P/E of 17.42, and a forward P/E of 11.03. Average volume for The Allstate Corporation is 1690.45 and so far today it is 114717.

Performance in the last year for The Allstate Corporation has been 20.13%. For EPS growth, The Allstate Corporation has seen a growth of -19.40%, and is looking to grow in the next year to 41.30%. More long term stats show that EPS growth has been 24.60% over the last five years and could be 11.54% for the next five years. The Allstate Corporation has seen sales growth quarter over quarter at 2.30%, with EPS growth quarter over quarter at -19.00%. The 20-day simple moving average is -1.09%, with the 200-day simple moving average coming to 4.48%.

Since the IPO date for The Allstate Corporation on the 6/3/1993, The Allstate Corporation has seen performance year to date to be 11.95%. With The Allstate Corporation trading at 68, the dividend yield is 1.93%, and the EPS is 3.93.

So could The Allstate Corporation, be undervalued? Well as said before P/E is 17.42. The PEG is 1.51, P/S is 0.71 and the P/B is at 1.36. The P/cash is 58.09, with P/free cash flow at 8.93.

The Allstate Corporation ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 0.27, and total debt/equity at 0.27.

In terms of margins, The Allstate Corporation has a gross margin of *TBA, an operating margin of 6.60% and a profit margin of 4.20%.Payout ratio for The Allstate Corporation is 31.70%. Return on assets come to 1.50% with return on investment coming to 9.30%.

Insider ownership for The Allstate Corporation, is at 0.10% and institutional ownership comes to 77.70%. Outstanding shares are at 378.35. While shares float is 370.32. The float short is currently 1.21%, and short ratio is 2.66.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Tony Dabbs

Leave a Comment