Allstate Stock Buy Hold or Sell Recommendation

ALL
 Stock
  

USD 130.85  1.16  0.88%   

Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Allstate Corp is 'Strong Hold'. Macroaxis provides Allstate Corp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ALL positions. The advice algorithm takes into account all of Allstate Corp's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Allstate Corp's buy-and-hold perspective. Please continue to Allstate Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Allstate and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Allstate Corp.

Execute Allstate Corp Buy or Sell Advice

The Allstate recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Allstate Corp. Macroaxis does not own or have any residual interests in Allstate Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Allstate Corp's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Allstate CorpBuy Allstate Corp
Strong Hold

Volatility

Details

Hype Condition

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Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

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Financial Strenth (F Score)

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Financial Leverage

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Reporting Quality (M-Score)

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For the selected time horizon Allstate Corp has a Risk Adjusted Performance of 0.1049, Jensen Alpha of 0.0707, Total Risk Alpha of (0.002603), Sortino Ratio of 0.0197 and Treynor Ratio of 0.1785
Macroaxis provides advice on Allstate Corp to complement and cross-verify current analyst consensus on Allstate Corp. Our investment recommendation engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Allstate Corp is not overpriced, please confirm all Allstate Corp fundamentals, including its cash and equivalents, earnings per share, and the relationship between the revenue and current ratio . Given that Allstate Corp has a price to earning of 41.55 X, we suggest you to validate Allstate Corp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Allstate Corp Trading Alerts and Improvement Suggestions

The company has 7.98 B in debt with debt to equity (D/E) ratio of 0.45, which is OK given its current industry classification. Allstate Corp has a current ratio of 0.4, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Allstate Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Allstate Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Allstate Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Allstate to invest in growth at high rates of return. When we think about Allstate Corp's use of debt, we should always consider it together with cash and equity.
Over 81.0% of Allstate Corp shares are held by institutions such as insurance companies
Latest headline from news.google.com: The Allstate Corporation is largely controlled by institutional shareholders who own 80 percent of the company - Simply Wall St

Allstate Corp Returns Distribution Density

The distribution of Allstate Corp's historical returns is an attempt to chart the uncertainty of Allstate Corp's future price movements. The chart of the probability distribution of Allstate Corp stock daily returns describes the distribution of returns around its average expected value. We use Allstate Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Allstate Corp returns is essential to provide solid investment advice for Allstate Corp.
Mean Return0.16Value At Risk-2.31
Potential Upside3.53Standard Deviation2.39
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Allstate Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Allstate Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Allstate Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Allstate Corp backward and forwards among themselves. Allstate Corp's institutional investor refers to the entity that pools money to purchase Allstate Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Zwj Investment Counsel IncCommon Shares4.8 K503 K
Zwj Investment Counsel IncCommon Shares4.8 K442 K
Zwj Investment Counsel IncCommon Shares5.9 K523 K
Zwj Investment Counsel IncCommon SharesK488 K
Zweigdimenna Associates LlcCommon Shares39.8 K3.7 M
Zweigdimenna Associates LlcCommon Shares39.8 K3.9 M
Zweigdimenna Associates LlcCommon Shares285.7 K26.2 M
Note, although Allstate Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Allstate Corp Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure(299 M)(277 M)(433 M)(308 M)(345 M)(372.24 M)
Depreciation Amortization and Accretion483 M511 M647 M686 M1.09 B863.16 M
Net Cash Flow or Change in Cash and Cash Equivalents181 M(118 M)(161 M)39 M386 M416.47 M
Issuance Purchase of Equity Shares(1.36 B)(2.23 B)(1.61 B)(1.67 B)(3.01 B)(3.09 B)
Payment of Dividends and Other Cash Distributions(525 M)(614 M)(653 M)(668 M)(885 M)(954.87 M)
Net Cash Flow from Financing(2.92 B)(3.57 B)(2.48 B)(2.01 B)(5.24 B)(5.65 B)
Net Cash Flow from Investing(1.21 B)(1.72 B)(2.81 B)(3.44 B)510 M404.67 M
Net Cash Flow Investment Acquisitions and Disposals445 M(884 M)(2.36 B)(3.13 B)2.39 B2.58 B
Net Cash Flow from Operations4.31 B5.17 B5.13 B5.49 B5.12 B4.41 B

Allstate Corp Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Allstate Corp or Insurance sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Allstate Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Allstate stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.07
β
Beta against NYSE Composite0.86
σ
Overall volatility
2.41
Ir
Information ratio 0.024

Allstate Corp Volatility Alert

Allstate Corp currently demonstrates below-average downside deviation. It has Information Ratio of 0.02 and Jensen Alpha of 0.07. However, we advise investors to further question Allstate Corp expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Allstate Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Allstate Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Allstate Corp Fundamentals Vs Peers

Comparing Allstate Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Allstate Corp's direct or indirect competition across all of the common fundamentals between Allstate Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Allstate Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Allstate Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Allstate Corp by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Allstate Corp to competition
FundamentalsAllstate CorpPeer Average
Return On Equity0.0247 %(0.31) %
Return On Asset0.002 %(0.14) %
Profit Margin(0.0041) %(1.27) %
Operating Margin0.0072 %(5.51) %
Current Valuation42.19 B16.62 B
Shares Outstanding265.21 M571.82 M
Shares Owned by Insiders0.64 %10.09 %
Shares Owned by Institutions81.17 %39.21 %
Number of Shares Shorted3.56 M4.71 M
Price to Earning41.55 X28.72 X
Price to Book2.00 X9.51 X
Price to Sales0.68 X11.42 X
Revenue50.42 B9.43 B
Gross Profit13.97 B27.38 B
EBITDA3.59 B3.9 B
Net Income1.6 B570.98 M
Cash and Equivalents4.83 B2.7 B
Cash per Share18.21 X5.01 X
Total Debt7.98 B5.32 B
Debt to Equity0.45 %48.70 %
Current Ratio0.41 X2.16 X
Book Value Per Share59.03 X1.93 K
Cash Flow from Operations4.97 B971.22 M
Short Ratio1.59 X4.00 X
Earnings Per Share(1.49) X3.12 X
Price to Earnings To Growth3.40 X4.89 X
Target Price142.73
Number of Employees54.3 K18.84 K
Beta0.63-0.15
Market Capitalization34.7 B19.03 B
Total Asset99.44 B29.47 B
Retained Earnings47.3 B9.33 B
Z Score2.48.72
   Exercise or conversion by Matthew Winter of 48059 shares of Allstate Corp subject to Rule 16b-3 [view details]

Allstate Corp Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Allstate . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Allstate Corp Buy or Sell Advice

When is the right time to buy or sell Allstate Corp? Buying financial instruments such as Allstate Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2019 2020 2021 2022 (projected)
Cash and Equivalents338 M377 M763 M739.35 M
Total Assets119.95 B125.99 B99.44 B119.82 B

Use Investing Ideas to Build Portfolios

In addition to having Allstate Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Insurance Providers Thematic Idea Now

Insurance Providers
Insurance Providers Theme
Companies providing all types of insurance and insurance services. The Insurance Providers theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Insurance Providers Theme or any other thematic opportunities.
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Please continue to Allstate Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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Is Allstate Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allstate Corp. If investors know Allstate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allstate Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.68) 
Market Capitalization
34.7 B
Quarterly Revenue Growth YOY
0.058
Return On Assets
0.002
Return On Equity
0.0247
The market value of Allstate Corp is measured differently than its book value, which is the value of Allstate that is recorded on the company's balance sheet. Investors also form their own opinion of Allstate Corp's value that differs from its market value or its book value, called intrinsic value, which is Allstate Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allstate Corp's market value can be influenced by many factors that don't directly affect Allstate Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allstate Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Allstate Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allstate Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.