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Pay Too Much Attention To Two Stock Analyst Ratings: The Allstate Corporation (NYSE:ALL), Vulcan Materials Company (NYSE:VMC)

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The Allstate Corporation (NYSE:ALL)went up 0.06% during trading on the US exchange where it had a trading capacity of 1.26M shares. The company’s shares were closed at $82.10 . The stock has an operating margin of 7.50% and a net profit margin of 4.80% This appreciation has taken its price 30.00% above the 52-week low. The stock hit 1-yearhigh at $83.05 and a low of $63.15 in the same period.

The Allstate Corporation (NYSE:ALL) Earnings Recap & Outlook

The Allstate Corporation (NYSE:ALL) last announced results for quarter ended on 31 Dec 2016, disclosing EPS of $2.17 The reported earnings per share topped the analyst’s consensus by $0.54 with the percentage difference between estimated and actual earnings arriving at 33.10%. Price changes resulting from an earnings surprise can be felt immediately. Studies indicate that the stock prices of firms with significant positive earnings surprises show above-average performance, while those with negative surprises have below-average performance. The mean revenue estimate for the current fiscal period ending March 2017 is $7.75B by 7 brokerage firms. The average revenue estimate for the year ending December 2017 is $32.61B by 9 analysts.

The Allstate Corporation (NYSE:ALL) Flood of Opinions

The Allstate Corporation (NYSE:ALL) right now sits at consensus rating of 2.10 while 7 analysts have advocated the shares as ‘BUY’, 7 calls it an ‘OUTPERFORM’ and 6 suggest ‘HOLD’. The mean PT for this stock is at $84.13 while the max. level suggested by the brokerage firms is $95.00 and min. PT is $70.00. The mean PT is calculated considering the consensus of 15 analysts.

Vulcan Materials Company (NYSE:VMC) went up 0.71% during trading on the US exchange when it had traded 1.26M shares. The company’s shares were closed at 119.59. The stock has a quick ratio of 2.10 and a current ratio of 3.10 . This appreciation has taken its price 17.73% above the 52-week low. The stock hit 1-yearhigh at $137.68 and a low of $101.58 in the same period.

Vulcan Materials Company (NYSE:VMC) Analyst’s Consensus Price Estimates

It is widely believed that the more practical proxy for the market’s expectations is analyst’s consensus price estimates. The mean PT for this stock is at $137.73 while the max. level suggested by the brokerage firms is $160.00 and min. PT is $114.00. The mean PT is calculated considering the consensus of 11 analysts. VMC right now sits at consensus rating of 2.00 while 5 analysts have advocated the shares as ‘BUY’, 5 calls it an ‘OUTPERFORM’ and 5 suggest ‘HOLD’.

Vulcan Materials Company (NYSE:VMC): Past & Future Earnings

The mean revenue estimate for the current fiscal period ending March 2017 is $767.64M by 8 brokerage firms. The average revenue estimate for the year ending December 2017 is $4.01B by 10 analysts. Wall Street is forward looking. Therefore, stock prices are sometime established based on the expectations that prospective investors have for the future earnings power of the firm. In a similar way, Vulcan Materials Company (NYSE:VMC) last announced results for quarter ended on 31 Dec 2016, disclosing EPS of $0.69. The reported earnings per share topped the analyst’s consensus by $-0.16 with the percentage difference between estimated and actual earnings arriving at -18.80%.


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