Contrasting Metromile (NASDAQ:MILE) and Allstate (NYSE:ALL)

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Metromile (NASDAQ:MILEGet Rating) and Allstate (NYSE:ALLGet Rating) are both finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their dividends, valuation, earnings, analyst recommendations, institutional ownership, profitability and risk.

Analyst Recommendations

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This is a breakdown of current ratings and price targets for Metromile and Allstate, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Metromile 0 2 0 0 2.00
Allstate 1 5 6 1 2.54

Metromile currently has a consensus price target of $4.53, suggesting a potential upside of 335.10%. Allstate has a consensus price target of $146.00, suggesting a potential upside of 11.40%. Given Metromile’s higher probable upside, research analysts clearly believe Metromile is more favorable than Allstate.

Volatility & Risk

Metromile has a beta of 0.64, meaning that its stock price is 36% less volatile than the S&P 500. Comparatively, Allstate has a beta of 0.82, meaning that its stock price is 18% less volatile than the S&P 500.

Institutional & Insider Ownership

62.5% of Metromile shares are held by institutional investors. Comparatively, 75.8% of Allstate shares are held by institutional investors. 1.8% of Allstate shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Profitability

This table compares Metromile and Allstate’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Metromile -130.53% -57.64% -35.26%
Allstate 7.20% 12.50% 2.57%

Valuation & Earnings

This table compares Metromile and Allstate’s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Metromile $104.90 million 1.29 -$216.46 million ($1.81) -0.57
Allstate $50.59 billion 0.71 $1.60 billion $11.94 10.98

Allstate has higher revenue and earnings than Metromile. Metromile is trading at a lower price-to-earnings ratio than Allstate, indicating that it is currently the more affordable of the two stocks.

Summary

Allstate beats Metromile on 13 of the 15 factors compared between the two stocks.

Metromile Company Profile (Get Rating)

Metromile, Inc. provides insurance policies for automobile owners in the United States. It operates through two segments, Insurance Services and Enterprise Business Solutions. The company offers pay-per-mile auto insurance policies. It also provides The Pulse, a device that plugs into the diagnostic port of its customer’s car and transmits data, such as miles driven, driving habits, phone use, speeding, hard braking, accelerating, cornering, and location over wireless cellular networks. In addition, the company offers access to its technology under software as a service arrangement, as well as professional services to third-party customers. Metromile, Inc. was founded in 2011 and is headquartered in San Francisco, California.

Allstate Company Profile (Get Rating)

The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. The company operates through Allstate Protection; Protection Services; Allstate Health and Benefits; and Run-off Property-Liability segments. The Allstate Protection segment offers private passenger auto and homeowners insurance; specialty auto products, including motorcycle, trailer, motor home, and off-road vehicle insurance; other personal lines products, such as renter, condominium, landlord, boat, umbrella, and manufactured home and stand-alone scheduled personal property; and commercial lines products under the Allstate and Encompass brand names. The Protection Services segment provides consumer product protection plans and related technical support for mobile phones, consumer electronics, furniture, and appliances; finance and insurance products, including vehicle service contracts, guaranteed asset protection waivers, road hazard tire and wheel, and paint and fabric protection; roadside assistance; device and mobile data collection services; data and analytic solutions using automotive telematics information; and identity protection services. This segment offers its products under various brands including Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside Services, Arity, and Allstate Identity Protection. The Allstate Health and Benefits provides life, accident, critical illness, short-term disability, and other health insurance products. The Run-off Property-Liability offers property and casualty insurance. It sells its products through call centers, agencies, financial specialists, independent agents, brokers, wholesale partners, and affinity groups, as well as through online and mobile applications. The Allstate Corporation was founded in 1931 and is based in Northbrook, Illinois.



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