For its third fiscal quarter (ending September 30), The Allstate Corporation (NYSE: ALL) has reported a -2844% decline in E.P.S. from $-0.16 a year ago to $4.39 in the current quarter. E.P.S. were $15.61 for the latest four quarters through September 30 versus $-7.91 for the same period a year ago — a decline of -297%.
Recent Price Action
On 10/30/24, The Allstate Corporation (NYSE: ALL) stock increased 1.5%, closing at $189.44. This advance was accompanied by normal trading volume. Relative to the market the stock has been strong over the last nine months but has declined -1.7% during the last week.
Current PriceTarget Research Rating
ALL is expected to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Allstate has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Allstate has a neutral Appreciation Score of 42 but a very high Power Rating of 88, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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