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ALL The Allstate Corporation - Fundamental Analysis

BULLISH
ALL Stock | Fundamental Analysis & Investment Insights
NYSE Financial Services Insurance - Property & Casualty
Current Price
$214.3
Analyst Target
$236.1
+10.2% Upside
52W High
$215.7
52W Low
$176.0

AI Analysis

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Confidence Score
88%
Analysis Accuracy
Allstate (ALL) trades near its 52-week high at $214.30, reflecting strong multi-year momentum with a 147.3% return over five years and accelerating earnings growth of 222.2% YoY. The stock is significantly undervalued relative to peers, trading at a P/E of 6.95 versus the sector average of 22.13, while delivering superior profitability metrics including a 34.47% ROE and 24.44% operating margin. Despite recent insider selling, the company maintains a fortress balance sheet with a low 0.29 debt/equity ratio and a sustainable 1.87% dividend yielding only 12.71% of earnings. Analysts concur on upside, with a $236.10 target implying 10% appreciation, reinforcing a compelling risk-reward profile in a sector facing mixed growth trends.

Key Strengths

Exceptional ROE of 34.47% significantly exceeds sector average of 26.51% and peer group, indicating superior capital efficiency
Attractive valuation with P/E of 6.95 vs. sector average of 22.13, creating substantial margin of safety and re-rating potential
Strong operating leverage evidenced by 24.44% operating margin and 12.53% net margin in a capital-intensive industry
Low financial leverage with debt/equity of 0.29, well below sector average of 0.76, providing strategic flexibility
Highly sustainable dividend policy with a 12.71% payout ratio, leaving ample room for buybacks or reinvestment

Key Risks

Recent insider selling by CEO and officers totaling $49.78M over the past six months signals potential lack of confidence at the top
Missing earnings estimates for the last four quarters (0/4 beats) with no surprise data, suggesting weakening execution or conservative guidance
Revenue growth of 3.80% YoY lags far behind sector average of 28.52%, raising concerns about top-line vitality
Extremely low liquidity ratios (current ratio 0.43, quick ratio 0.29) typical for insurers but still a structural vulnerability in stress scenarios
Forward P/E of 11.26 nearly doubles current P/E, implying earnings growth expectations are already priced in and leaving little room for disappointment
AI Fair Value Estimate
Based on comprehensive analysis
$236.1
+10.2% above current price

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