Goldman Sachs analyst Robert Cox CFA maintains $Allstate (ALL.US)$ with a buy rating, and adjusts the target price from $204 to $207.
According to TipRanks data, the analyst has a success rate of 85.4% and a total average return of 13.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Allstate (ALL.US)$'s main analysts recently are as follows:
The company's pre-tax catastrophe loss reported for September was significantly more substantial than anticipated, and notably exceeded the average losses recorded between 2020 and 2023, which includes substantial losses from Hurricane Helene.
Subsequent to Allstate's revelation of catastrophe impacts in September, earnings projections for 2024 were adjusted downwards by 11% to $12.85, with slight reductions to the 2025-26 earnings forecasts as well. These adjustments were made in anticipation of potential financial impacts. Nevertheless, the valuation multiple has been expanded, which influenced the revised outlook on the company's shares.
Allstate has revealed that auto rates have increased approximately 2.7% for the quarter, translating to almost 11% on an annualized basis. This change may present challenges for near-term organic growth, yet it provides the opportunity for Allstate to demonstrate significant core margin enhancement.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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高盛集團分析師Robert Cox CFA維持$好事達 (ALL.US)$買入評級，並將目標價從204美元上調至207美元。
根據TipRanks數據顯示，該分析師近一年總勝率為85.4%，總平均回報率為13.4%。
此外，綜合報道，$好事達 (ALL.US)$近期主要分析師觀點如下：
該公司9月份報告的稅前災難損失遠遠超過預期，明顯超過了2020年至2023年間記錄的平均虧損，其中包括颶風海倫造成的巨額損失。
繼Allstate在9月份公佈災難影響之後，2024年的收益預測下調了11％，至12.85美元，也略微下調了2025-26年的盈利預期。這些調整是在預期潛在的財務影響的情況下進行的。儘管如此，估值倍數已經擴大，這影響了公司股票前景的修訂。
Allstate透露，本季度汽車費率增長了約2.7％，按年計算相當於近11％。這一變化可能會給短期的有機增長帶來挑戰，但它爲Allstate提供了顯著提高核心利潤率的機會。
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分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
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