Relative Price Strength Picks Amid Market Volatility
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 27 2026
0mins
Source: NASDAQ.COM
- Market Volatility Context: The market experienced fluctuations this week due to rising oil prices amid escalating uncertainty in the Middle East, causing investor concerns about the potential impact of high oil prices on economic growth; however, signs of market resilience are emerging as stocks begin to rebound.
- Allstate Earnings Outlook: Allstate's expected EPS growth rate for the next three to five years is 19%, significantly higher than the industry average of 7.7%, with a 7.5% upward revision in earnings estimates over the past 60 days, indicating strong financial performance potential.
- Five Below Growth Momentum: Five Below's stock surged 200.1% over the past year, with a projected earnings growth rate of 17.5% for fiscal 2027, and a 16.2% increase in earnings estimates over the past 60 days, reflecting robust performance in the retail sector.
- BrightSpring Health Services: BrightSpring's earnings growth estimate for 2026 stands at an impressive 61%, with a market capitalization of $8.4 billion and a 15% upward revision in earnings estimates over the past 60 days, showcasing significant growth potential in the healthcare services sector.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ALL?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on ALL
Wall Street analysts forecast ALL stock price to rise
16 Analyst Rating
9 Buy
6 Hold
1 Sell
Moderate Buy
Current: 221.660
Low
207.00
Averages
239.64
High
281.00
Current: 221.660
Low
207.00
Averages
239.64
High
281.00
About ALL
The Allstate Corporation protects people from life's uncertainties with an array of protection for autos, homes, electronic devices and identity theft. The Company's products are available through Allstate agents, independent agents, major retailers, online and at the workplace. Its Allstate Protection segment offers private passenger auto, homeowners and other property insurance in the United States and Canada. Its Run-off Property-Liability segment includes property and casualty insurance coverage. The Company’s Protection Services segment comprises protection plans, roadside, dealer services, identity protection and arity. Protection Services also provides consumer product protection plans, device and mobile data collection services and analytic solutions using automotive telematics information, roadside assistance, protection and insurance products and identity protection and restoration through Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Allstate Reports May Catastrophe Losses of $289M, Down from $777M in 2025
- Catastrophe Loss Overview: Allstate reported catastrophe losses of $289 million for May 2026, or $228 million after tax, significantly lower than the $777 million (after tax $614 million) losses in May 2025, indicating improvements in the company's disaster management.
- Total Loss Analysis: The total catastrophe losses for Allstate reached $1.16 billion, or $915 million after tax, as of May 2026, down from $1.37 billion (after tax $1.08 billion) in the same period of 2025, showcasing effective risk control measures.
- Policy Growth Status: As of May 31, 2026, Allstate's total policies in force increased to 38,799, reflecting a month-over-month growth of 0.3% and a year-over-year growth of 2.4%, indicating a stable customer base amid competitive market conditions.
- Auto and Homeowner Policies: The number of auto policies reached 25,901, with a month-over-month increase of 0.4% and a year-over-year increase of 2.7%; homeowner policies rose to 7,788, up 0.3% month-over-month and 2.6% year-over-year, reflecting the company's sustained growth potential across multiple insurance sectors.
See More
Grand Opening of the Obama Presidential Center
- Grand Celebration: The Obama Presidential Center opened on May 29, 2026, in Chicago, attracting numerous donors and business leaders, and is expected to be the largest gathering ahead of the 2026 midterm elections, highlighting Obama's historical achievements.
- Political Future Discussions: Informal conversations among donors and business leaders about the future of the Democratic Party and fundraising will take place during the event, reflecting a pressing need to regain control of Congress and showcasing the intertwining of politics and business.
- Non-Partisan Stance: Valerie Jarrett, CEO of the Obama Foundation, emphasized that despite the political undertones, the center, as a non-profit entity, aims to foster healthy dialogue among diverse political perspectives, embodying the core values of a democratic society.
- Economic and Community Development: Business leaders like Calvin Butler noted that the opening of the Obama Center will spur economic growth and community stability, underscoring the importance of bipartisan cooperation to address significant policy challenges facing the nation.
See More
Progressive and Allstate Restore Profitability Amid Rising Costs
- Profitability Restoration: Progressive reported a combined ratio of 86.4% in Q1 2026, while Allstate's was 89.5%, indicating both companies successfully restored profitability by raising premiums to address rising claims costs.
- Policy Growth: As of April 2026, Progressive's policies in force increased by 8% year-over-year to nearly 39.8 million, and Allstate's policies grew by 4.3%, reflecting significant improvements in profitability after years of rate hikes.
- Market Strategy: The insurers that will perform best in the coming years are those that can quickly respond to changing claims trends, with Progressive leveraging its telematics programs and pricing models to adjust rates swiftly, thereby consistently gaining market share.
- Inflation Impact: While policy counts are rising, inflation could affect insurers' profitability, especially as repair costs and used vehicle prices continue to climb, necessitating accurate predictions of future claims costs and premium adjustments to protect underwriting margins.
See More
Auto Insurers Face Inflation Challenges Amid Rising Costs
- Significant Inflation Impact: The Consumer Price Index rose 4.2% year-over-year in May, the highest in three years, with costs for vehicle repairs and used cars remaining elevated, potentially accelerating claims costs for insurers.
- Profitability Recovery: Progressive reported a combined ratio of 86.4% in Q1 2026, while Allstate's was 89.5%, indicating both companies successfully adjusted pricing to reflect higher claims costs, with policy counts increasing by 8% and 4.3%, respectively.
- Market Share Growth: Progressive's policies in force grew by 10% in 2025, including a 14% increase in direct auto policies, showcasing its competitive edge in quickly adjusting pricing and loss trends.
- Future Challenges: As repair costs and used vehicle prices continue to rise, insurers may face pressure to raise premiums again, with the combined ratio becoming a critical metric to assess profitability and risk pricing capabilities in an inflationary environment.
See More
Progressive Reports Strong Q1 Results but Stock Underperforms
- Financial Performance: Progressive reported total revenue of $22.2 billion and net income of $2.8 billion in Q1 2026, translating to approximately $4.81 per share; however, despite these strong figures, the market's mixed reaction indicates investor concerns about future uncertainties.
- Underwriting Margins: The company's underwriting margin stood at 13.6%, significantly lower than the industry average, with a combined ratio of 86.4, showcasing its efficiency in managing claims and underwriting expenses, yet increased market competition may impact future profitability.
- Policy Growth: Over the past year, Progressive increased its policies in force by 9%, from 36.3 million to 39.6 million, but the growth rate for premiums and policyholders slowed in the quarter to 6% and 8%, respectively, raising concerns about sustaining momentum.
- Market Outlook: Despite trading at a premium with a forward P/E of 12 times compared to peers like Allstate at around 9 times, analysts remain cautious due to lowered earnings forecasts, projecting earnings per share to decline to $16.40 and $16.19 in 2026 and 2027, respectively.
See More
Progressive Reports Q1 2026 Financials Amid Market Challenges
- Financial Performance: Progressive reported total revenue of $22.2 billion and net income of $2.8 billion for Q1 2026, translating to approximately $4.81 per share; however, while revenue and earnings growth continued, the slowdown raises concerns about increased market competition.
- Underwriting Margins: The company achieved an underwriting margin of 13.6% with a combined ratio of 86.4%, indicating strong profitability relative to peers, yet the market's mixed reaction to these figures has led to a decline in share price.
- Policy Growth: Over the past year, the number of policies in force increased by 9%, from 36.3 million to 39.6 million, but premium and policyholder growth slowed in the quarter, reflecting potential weakening demand in the insurance market.
- Future Outlook: Despite CEO Tricia Griffith's focus on growth in a competitive market, analysts remain pessimistic about future earnings, forecasting a drop to $16.40 and $16.19 per share in 2026 and 2027, respectively, compared to $18.25 in 2025.
See More
Allstate Reports May Catastrophe Losses of $289M, Down from $777M in 2025
- Catastrophe Loss Overview: Allstate reported catastrophe losses of $289 million for May 2026, or $228 million after tax, significantly lower than the $777 million (after tax $614 million) losses in May 2025, indicating improvements in the company's disaster management.
- Total Loss Analysis: The total catastrophe losses for Allstate reached $1.16 billion, or $915 million after tax, as of May 2026, down from $1.37 billion (after tax $1.08 billion) in the same period of 2025, showcasing effective risk control measures.
- Policy Growth Status: As of May 31, 2026, Allstate's total policies in force increased to 38,799, reflecting a month-over-month growth of 0.3% and a year-over-year growth of 2.4%, indicating a stable customer base amid competitive market conditions.
- Auto and Homeowner Policies: The number of auto policies reached 25,901, with a month-over-month increase of 0.4% and a year-over-year increase of 2.7%; homeowner policies rose to 7,788, up 0.3% month-over-month and 2.6% year-over-year, reflecting the company's sustained growth potential across multiple insurance sectors.
See More
Grand Opening of the Obama Presidential Center
- Grand Celebration: The Obama Presidential Center opened on May 29, 2026, in Chicago, attracting numerous donors and business leaders, and is expected to be the largest gathering ahead of the 2026 midterm elections, highlighting Obama's historical achievements.
- Political Future Discussions: Informal conversations among donors and business leaders about the future of the Democratic Party and fundraising will take place during the event, reflecting a pressing need to regain control of Congress and showcasing the intertwining of politics and business.
- Non-Partisan Stance: Valerie Jarrett, CEO of the Obama Foundation, emphasized that despite the political undertones, the center, as a non-profit entity, aims to foster healthy dialogue among diverse political perspectives, embodying the core values of a democratic society.
- Economic and Community Development: Business leaders like Calvin Butler noted that the opening of the Obama Center will spur economic growth and community stability, underscoring the importance of bipartisan cooperation to address significant policy challenges facing the nation.
See More
Progressive and Allstate Restore Profitability Amid Rising Costs
- Profitability Restoration: Progressive reported a combined ratio of 86.4% in Q1 2026, while Allstate's was 89.5%, indicating both companies successfully restored profitability by raising premiums to address rising claims costs.
- Policy Growth: As of April 2026, Progressive's policies in force increased by 8% year-over-year to nearly 39.8 million, and Allstate's policies grew by 4.3%, reflecting significant improvements in profitability after years of rate hikes.
- Market Strategy: The insurers that will perform best in the coming years are those that can quickly respond to changing claims trends, with Progressive leveraging its telematics programs and pricing models to adjust rates swiftly, thereby consistently gaining market share.
- Inflation Impact: While policy counts are rising, inflation could affect insurers' profitability, especially as repair costs and used vehicle prices continue to climb, necessitating accurate predictions of future claims costs and premium adjustments to protect underwriting margins.
See More
Auto Insurers Face Inflation Challenges Amid Rising Costs
- Significant Inflation Impact: The Consumer Price Index rose 4.2% year-over-year in May, the highest in three years, with costs for vehicle repairs and used cars remaining elevated, potentially accelerating claims costs for insurers.
- Profitability Recovery: Progressive reported a combined ratio of 86.4% in Q1 2026, while Allstate's was 89.5%, indicating both companies successfully adjusted pricing to reflect higher claims costs, with policy counts increasing by 8% and 4.3%, respectively.
- Market Share Growth: Progressive's policies in force grew by 10% in 2025, including a 14% increase in direct auto policies, showcasing its competitive edge in quickly adjusting pricing and loss trends.
- Future Challenges: As repair costs and used vehicle prices continue to rise, insurers may face pressure to raise premiums again, with the combined ratio becoming a critical metric to assess profitability and risk pricing capabilities in an inflationary environment.
See More
Progressive Reports Strong Q1 Results but Stock Underperforms
- Financial Performance: Progressive reported total revenue of $22.2 billion and net income of $2.8 billion in Q1 2026, translating to approximately $4.81 per share; however, despite these strong figures, the market's mixed reaction indicates investor concerns about future uncertainties.
- Underwriting Margins: The company's underwriting margin stood at 13.6%, significantly lower than the industry average, with a combined ratio of 86.4, showcasing its efficiency in managing claims and underwriting expenses, yet increased market competition may impact future profitability.
- Policy Growth: Over the past year, Progressive increased its policies in force by 9%, from 36.3 million to 39.6 million, but the growth rate for premiums and policyholders slowed in the quarter to 6% and 8%, respectively, raising concerns about sustaining momentum.
- Market Outlook: Despite trading at a premium with a forward P/E of 12 times compared to peers like Allstate at around 9 times, analysts remain cautious due to lowered earnings forecasts, projecting earnings per share to decline to $16.40 and $16.19 in 2026 and 2027, respectively.
See More
Progressive Reports Q1 2026 Financials Amid Market Challenges
- Financial Performance: Progressive reported total revenue of $22.2 billion and net income of $2.8 billion for Q1 2026, translating to approximately $4.81 per share; however, while revenue and earnings growth continued, the slowdown raises concerns about increased market competition.
- Underwriting Margins: The company achieved an underwriting margin of 13.6% with a combined ratio of 86.4%, indicating strong profitability relative to peers, yet the market's mixed reaction to these figures has led to a decline in share price.
- Policy Growth: Over the past year, the number of policies in force increased by 9%, from 36.3 million to 39.6 million, but premium and policyholder growth slowed in the quarter, reflecting potential weakening demand in the insurance market.
- Future Outlook: Despite CEO Tricia Griffith's focus on growth in a competitive market, analysts remain pessimistic about future earnings, forecasting a drop to $16.40 and $16.19 per share in 2026 and 2027, respectively, compared to $18.25 in 2025.
See More
