Ally Financial Inc. [ALLY] Revenue clocked in at $8.80 billion, up 27.09% YTD: What’s Next?

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Ally Financial Inc. [NYSE: ALLY] stock went on a downward path that fall over -3.10% on Thursday, amounting to a one-week price decrease of less than -0.70%. The company report on March 17, 2021 that Ally Financial schedules release of first quarter 2021 financial results.

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Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its first quarter 2021 financial results for Friday, April 16, 2021. The press release will be issued at 7:30 a.m. ET via PR Newswire and on the Ally Press Room website (http://media.ally.com).


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Ally will host a conference call at 9 a.m. ET to review the company’s performance. The call will include a review of the results, followed by a question and answer session.

Over the last 12 months, ALLY stock rose by 267.26%. The one-year Ally Financial Inc. stock forecast points to a potential upside of 8.74. The average equity rating for ALLY stock is currently 1.60, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $16.97 billion, with 376.08 million shares outstanding and 371.48 million shares in the current float. Compared to the average trading volume of 4.29M shares, ALLY stock reached a trading volume of 6152051 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Ally Financial Inc. [ALLY]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ALLY shares is $49.66 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ALLY stock is a recommendation set at 1.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Barclays have made an estimate for Ally Financial Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on January 04, 2021. While these analysts kept the previous recommendation, RBC Capital Mkts raised their target price to Outperform. The new note on the price target was released on December 21, 2020, representing the official price target for Ally Financial Inc. stock.

The Average True Range (ATR) for Ally Financial Inc. is set at 1.43, with the Price to Sales ratio for ALLY stock in the period of the last 12 months amounting to 1.93. The Price to Book ratio for the last quarter was 1.16, with the Price to Cash per share for the same quarter was set at 47.13.

ALLY Stock Performance Analysis:

Ally Financial Inc. [ALLY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.70. With this latest performance, ALLY shares gained by 8.58% in over the last four-week period, additionally plugging by 76.34% over the last 6 months – not to mention a rise of 267.26% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ALLY stock in for the last two-week period is set at 60.03, with the RSI for the last a single of trading hit 57.18, and the three-weeks RSI is set at 61.22 for Ally Financial Inc. [ALLY]. The present Moving Average for the last 50 days of trading for this stock 41.54, while it was recorded at 46.07 for the last single week of trading, and 29.61 for the last 200 days.

Insight into Ally Financial Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Ally Financial Inc. [ALLY] shares currently have an operating margin of +11.11. Ally Financial Inc.’s Net Margin is presently recorded at +10.24.

Return on Total Capital for ALLY is now 2.53, given the latest momentum, and Return on Invested Capital for the company is 3.06. Return on Equity for this stock inclined to 7.47, with Return on Assets sitting at 0.60. When it comes to the capital structure of this company, Ally Financial Inc. [ALLY] has a Total Debt to Total Equity ratio set at 165.47. Additionally, ALLY Total Debt to Total Capital is recorded at 62.33, with Total Debt to Total Assets ending up at 13.36. Long-Term Debt to Equity for the company is recorded at 116.11, with the Long-Term Debt to Total Capital now at 43.74.

Reflecting on the efficiency of the workforce at the company, Ally Financial Inc. [ALLY] managed to generate an average of $114,421 per employee.

ALLY Stock EPS

With the latest financial reports released by the company, Ally Financial Inc. posted -0.44/share EPS, while the average EPS was predicted by analysts to be reported at 0.7/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -162.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ALLY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Ally Financial Inc. go to 7.33%.

Ally Financial Inc. [ALLY] Insider Position Details

There are presently around $15,894 million, or 96.90% of ALLY stock, in the hands of institutional investors. The top three institutional holders of ALLY stocks are: VANGUARD GROUP INC with ownership of 34,599,362, which is approximately 1.532% of the company’s market cap and around 0.50% of the total institutional ownership; BLACKROCK INC., holding 30,563,895 shares of the stock with an approximate value of $1.39 billion in ALLY stocks shares; and HARRIS ASSOCIATES L P, currently with $1.28 billion in ALLY stock with ownership of nearly -11.085% of the company’s market capitalization.

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Positions in Ally Financial Inc. stocks held by institutional investors increased at the end of January and at the time of the January reporting period, where 273 institutional holders increased their position in Ally Financial Inc. [NYSE:ALLY] by around 38,587,359 shares. Additionally, 213 investors decreased positions by around 42,594,273 shares, while 44 investors held positions by with 269,524,091 shares. The mentioned changes placed institutional holdings at 350,705,723 shares, according to the latest SEC report filing. ALLY stock had 111 new institutional investments in for a total of 11,582,001 shares, while 41 institutional investors sold positions of 5,191,415 shares during the same period.

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